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2 years ago

Sarah is a financial planner and wants to sell fixed-income investments. Which license does she need to procure?

2 answers:

4 0

The answer is series 7 which is for investment agents who want to sell fixed-income investment products such as bonds, stocks, and packaged products.

nalin [4]2 years ago

4 0

Answer:

series 7 license

Explanation:

Sarah who is already a financial planner and wants to start selling fixed-income investments like bonds and treasury bills and other forms of securities which does not include commodities and futures because they are not fixed-income investments.

Sarah would need to write and pass a series 7 exam ( General securities representative exam) which enables her to have the series 7 license. this exam is necessary because it helps to test a financial planner who wants to sell fixed-income investments knowledge on several topics like Taxation,investment risk, equity instrument and also their knowledge on retirement plans. obtaining this license by passing the exam is the only way she can start selling fixed-income investments.

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or due to his success at his current company in getting several new patents. This is an example of ________ capital.

Ket [755]

Complete Question:

Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. This is an example of ________ capital.

Group of answer choices

A) social

B) customer

C) human

D) intellectual

E) financial

Answer:

D) intellectual

Explanation:

In this scenario, Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. Therefore, this is an example of intellectual capital because he was recruited based on his intangible assets which made him excel or succeed.

An intellectual capital can be defined as the value or intangible assets such as skills, copyright, trademarks, experience, patents, knowledge provided by the employees working in an organization and thus, giving the organization a competitive advantage over their rivals in the same industry, as well as earn more profits, increase their customer base and creation of quality products.

5 0

2 years ago

Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking

ivolga24 [154]

Answer:

The money multiplier and money supply for this banking system is 10 and $1,000 billion respectively

Explanation:

The computation of the money multiplier and the money supply is shown below:

As we know that

Money multiplier is

= 1 ÷ required reserve ratio

= 1 ÷ 0.10

= 10

So, the money supply is

= Total Reserves × Money Multiplier

= $100 billion × 10

= $1,000 billion

hence, the money multiplier and money supply for this banking system is 10 and $1,000 billion respectively

5 0

2 years ago

Sheela Dairy Corporation buys unprocessed cows' milk from local farmers. At the dairy, this unprocessed milk is broken down into

Dafna11 [192]

Answer:

The answer is D) None of these statement is relevant in the decision to further process the cream into butter.

Explanation:

option A) the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.

Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.

Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.

8 0

2 years ago

If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today

jonny [76]

Complete Question:

Tattletale News Corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years.

a. If the last dividend paid was $10, what will the next dividend be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Dividend $

b. If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Stock price $

Answer:

Requirement A. $12 per share

Requirement B. $44.14 per share

Explanation:

Requirement A.

The next dividend can be calculated using the following equation:

Next Dividend = D0 * (1 + g)

Here

D0 is the current dividend which is $10 and g is the Growth Rate which is 20% for the first three years

By putting values, we have:

Next Dividend = $10 * (1 + 20%)

= $12 per share

Requirement B.

Year Dividend Growth Rate New Dividend

1 10 20% 12

2 12 20% 14.40

3 14.4 20% 17.28

4 17.28 2% 17.63

Stock Price = $17.63 * (1 + 2%) / (21% - 2%) = $94.62

The above stock price calculated is the value of stock at the end of year 4. To discount it back to year zero, we will discount it by 21%.

Stock price at year0 = $94.62 / (1 + 21%)^4 = $44.14 per share

6 0

2 years ago

All economic questions and problems arise from ____.

Fiesta28 [93]

All economic questions and problems arise from C. scarcity. scarcity is defined as the lack of resources and is the opposite of abundance. If scarcity such as famine is experienced by a country or nation, there arise questions why such state happened

3 0

2 years ago

Read 2 more answers