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zmey [24]
2 years ago
12

The Ascent of Money: Risky Business 1. Why do people buy insurance?

Business
1 answer:
Assoli18 [71]2 years ago
7 0

Answer:

to eliminate the possibilities of risk

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The Burkes pay their babysitter​ $5 per hour before 11 P.M. and​ $7.50 after 11 P.M. One evening they went out for 4 hr and paid
stiks02 [169]

Answer:

They came back home at 12 pm

Explanation:

Giving the following information:

The Burkes pay their babysitter​ $5 per hour before 11 P.M. and​ $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter ​$27.50.

We need to formulate the total cost:

TC= 5*x + 7.5*y

x=5*4= 20

y=7.5*1= 7.5

TC= 5*4 + 7.5*1= $27.5

They came back home at 12 pm

4 0
2 years ago
The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp
ale4655 [162]

Answer:

B, The quantity demanded is the same as the quantity supplied.

Explanation:

Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.

6 0
2 years ago
The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rat
zaharov [31]

Answer:

$18,250

Explanation:

In this question, we are asked to calculate the net operating income for a division of a firm.

We proceed as follows;

Turnover=Sales/Average operating assets

Average operating assets=(730,000/2)=$365000

Return on investment=net operating income/Average operating assets

Hence Average operating assets=($365000*5%)

which is equal to

=$18250.

3 0
2 years ago
A two-step binomial tree is used to value an option on the Australian dollar (AUD). The strike price is 1.00 USD per AUD and the
ser-zykov [4K]

Answer:

a.) The proportional up movement , u, for the currency can be calculated using the following formula:

u = eStd Dev * Square root of t

u = e0.06*square root of 0.25

u = 1.0305

b.) Probability of up movement, p , = (a - d) / (u - d)

where   a = ert where r = 0.025, t = 0.25

a = e0.025*0.25 = 1.0063

d = 1 / u = 1 / 1.3050 = 0.7663

p = (1.0063-0.7663) / (1.3050-0.7663)

p = 0.46

1-p = 1-0.46 = 0.54

c)  Price of an American Call Option on the currency : we use binomial tree for that , as follows: The amounts below line indicate the option price and figures above line indicate the underlying asset price which is 0.55555

3 0
3 years ago
Why does my dad stick his weener up my dog
vivado [14]
What the heck uhmmmm
6 0
2 years ago
Read 2 more answers
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