Answer:
a) 2.5%
b) 6%
c) 3.5%
Explanation:
The Formula to be used is the <em>habitat hypothesis </em>
as stated in the document attached below
a) it = 2%; it+1 =3%
= 0 + ( 2 + 3 ) / 2
= 2.5% ( two year nominal interest rate )
b) it = 2%; it+1+1 = 10%
= 0 + ( 2 + 10 ) / 2
= 6% ( two year nominal interest rate )
c) it = 2%; 1t+1 = 3%. ∝₂,t = 1%
= 1 + ( 2 + 3 ) / 2
= 1 + 2.5 = 3.5%
First, calculate the discount.
15% of 1250 is 187.5
Then, subtract 187.5 from 1250.
You get 1062.5
Next, to calculate the sales tax. I'm not 100% sure if you're supposed to do this before the discount or after, I'm just assuming after.
Anyway,
6.5% of 1062.5 is approxamately 69.06.
Add that to 1062.5 to get the final answer of $1131.56
Answer:
April 11th
Explanation:
the dividends will be paid to the owner of the share one day before the record. This is defined asthe Ex-date ofthe dividends.
DISCLAMER
Assuming it refers to 2019 Apil 12th
the previous business day will be April 11th (we should liook into the calendar and avoid counting Friday and saturdays
for the year 2019 April 12th is a friday so it is okay to define it as April 11th
I think its number c, i hope it is
:P
Make money for the government
