Answer:
The question is missing the options which can be found in the attached.
The correct option is banker's acceptance
Explanation:
Banker's acceptance is a guarantee by a bank to the exporting party to pay a sum of money at specific date.
In international business, exporters would require additional security against their receivable usually request for a banker's acceptance also known as bill of exchange.
The bank pays the exporter a discounted amount as agreed then chase the importer for the full value of the transaction.The difference between the discounted amount paid by the bank and the full value recoverable from the importer is the bank's margin.
Answer:
Present value investment = $98.05
Explanation:
given data
present value = $100
time 1 = 6 months = = 0.5 year
time 2 = 5 years
time 3 = 10 years
interest rate = 4 % = 0.04
to find out
Present value investment in 6 month for the rate 4 percent
solution
we get here Present value investment by as
Present value investment = present value ÷ ..............1
put here value and we get
Present value investment =
solve it we get
Present value investment =
Present value investment = $98.05
Answer:
#2Simple interest is interest paid only on the original investment whereas compound interest paid both on the original investment and on all interest that has been added to the original investment. Since compound interest is calculated based on a larger amount than simple interest, it results in a larger amount of money over time.
The par value on a preferred stock entitles the holder to "<span>an established amount of money if the company is liquidated".
</span><span>Other terms that are used for Par value are nominal value or face value. par value is considered as important for a bond because of its ability to determine the maturity value of bond and also the dollar value of payments of coupon.For a bond, typically the par value is $1,000 or $100.</span>
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different