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jolli1 [7]
3 years ago
15

Diversification is important in investing because...

Business
1 answer:
Firlakuza [10]3 years ago
6 0
It aims to maximize return by investingin different areas that would each react differently to the same event. Most investment professionals agree that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. I hope this helps! :)
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The bond has a coupon rate of 6.83 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A c
Kipish [7]

Answer:

The invoice price for the bond is $1,060.38

Explanation:

Given the following:

PV= Par value = $1,000 ,

CV= Clean Price = $1,049

Coupon Rate per annum = 6.83%

To calculate the Semiannual Coupon Rate= Coupon Rate per annum/2= 3.415%

To calculate Semiannual Coupon= Semiannual Coupon Rate*PV

= 3.415% * $1,000  = $34.15

With an interest accured over 2 months, we calculate it thus:

Accrued Interest = $34.15 * 2/6 = $11.38

To calculate Invoice price:

Invoice Price = CP + Accrued Interest

Invoice Price = $1,049.00 + $11.38

Invoice Price = $1,060.38

3 0
3 years ago
Faye’s bank charges her a $2.25 service fee every time she uses an out-of-network ATM. If Faye uses an out-of-network ATM twice
murzikaleks [220]

Answer:

d. $234.00

Explanation:

The computation of the service fees every year is shown below:

= Service fee × weekly charge method × total number of weeks in a year

= $2.25 × 2 × 52 weeks

= $234

Since we have to compute for the year so we multiplied all three above components. Moreover, it is given in the question that if Faye use out of network than the bank service charge will be double, so we multiplied it by 2

4 0
3 years ago
Caroline needs information from a coworker in another office about an upcoming salespromotion. What is the best communication ch
horsena [70]

Answer:

E-mail

Explanation:

Text messages, instant messages, and social networking are all generally considered as informal methods of communication which are used to  communicate informal information, such as a the change in a meeting time if schedules have been adjusted during a factory tour.

Secondly such informal means of communication might not be ideal for use to a colleague in another office as the relationship would not be very personal but official.

Since Caroline needs information from a coworker in another office about an upcoming salespromotion, she is better off sending her request via e-mail

6 0
3 years ago
Cost of goods sold is budgeted at 40% of sales, and the inventory at the end of February was $34,000. Desired inventory levels a
maksim [4K]

Answer:

$9,920

Explanation:

The computation of the desired beginning inventory as on June 1 is shown below:

Inventory as on June 1 = Given percentage of the cost of goods sold in the month of June

= 10% ×  (40% × $248,000)

= 0.10 × $99,200

= $9,920

As the cost of goods sold is 40% of sales so we considered this thing and according to it we find out the beginning inventory

5 0
3 years ago
In an effort to reduce cost on auto insurance, Sophia has lowered each component of her current plan to the cheapest possible op
MAXImum [283]

Answer:

Sophia will save $38.15

Explanation:

If Sophia chooses the cheapest possible option, her choices will be:

bodily injury                        $25/50,000                   $21.35

property damage                 $25,000                      $115.50

collision                           $500 deductible            $248.08

<u>comprehensive               $100 deductible               $88.23  </u>

total premium                                                           $473.16

she will save $511.31 - $473.16 = $38.15

5 0
3 years ago
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