Answer:
The multiple choices are:
$5,006.00
B $5,018.75
C $5,025.00
D $5,028.75
The correct option is B,$5018.75
Explanation:
The key to unlock this question is to know that government securities are usually quoted in 1/32 nds ,which means that in calculating the price the number after 100 is is multiplied by 1/32.
1M means 1000,while 5M means 5000
The price of 5M=5000*(100+12*1/32)%
The price of 5M=5000*(100+0.375
)%
The price of 5M=$5018.75
In this case the bid price which is lower is used when selling securities to the dealer
A Louisiana lease must be in writing to be valid at no time since written leases are not required in Louisiana. This is further explained below.
<h3>What is a lease?</h3>
Generally, lease is simply defined as a contract wherein one party transfers land, property, services, etc. to another for a defined length of time, often in exchange for monthly payments.
In conclusion, Since written leases are not needed in Louisiana, a verbal lease in Louisiana is legal at any time.
Read more about lease
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Answer:
C) Positive
Explanation:
Although in the question it is stated that Chris, who is a salesman, manages the buyer resistance while presenting the solutions, the Chris also thinks that buyer resistance is a positive event
Thus, in the provided scenario, option c is right, as it does not satisfy all other options available
So the right option is c.postive
Answer:
Annual percentage rate: 328.8%
effective rate: 1728%
Explanation:
APR: Annual Percentage Rate
as the month is monthly we must multiply by 12 to convert into annual
27.4 x 12 = 328.8%
<u>The effective rate will have into consideration the compounding effect:</u>
re = 1728%
