Is currency needed in a fully automated world?

You are a manager at Asda. You have been given the demand data for the past 10 weeks for swim rings for children. You decide to

exis [7]

Answer: Ch ch ch chia

Explanation:

7 0

2 years ago

What are the primary advantages of forming a corporation? Select all that apply. Corporations are inexpensive and easy to set up

Yuki888 [10]

Answer:

It is easier to raise large amounts of capital.

Owners are not personally liable for corporations’ debts

Explanation:

A corporation is a company (or a group of people) allowed to act as a single legal entity.

It is separated from the owner or the manager of the company.So, they are not personally liable for corporations’ debts .

A corporation can also access to capital markets, this makes things easier to raise large amounts of capital for investment.

Feel free to ask for more if needed or if you did not understand something.

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2 years ago

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An FI has a $100 million portfolio of six-year Eurodollar bonds that have an 8 percent coupon. The bonds are trading at par and

PilotLPTM [1.2K]

Answer:

A. 823.74

B.$4,614,028.00 gain

C.-$4,629,629.63

D.$2,678,000

Explanation:

a.

Np= Bond Portfolio Value/δ*B*D

=$100,000,000/-0.625*-10.1*$96,157

=823.74

Approximately 824 Contract

b.

A $100,000 20-year, eight percent bond selling at $96,157 implies a yield of 8.4 percent.

∆P = ∆p * Np= 824 * -0.625 * -10.1/1.084 * $96,157 * 0.01 = $4,614,028.00 gain

c.

∆PVBond= -5 * .01/1.08 * $100,000,000 = -$4,629,629.63

d.

The price quote of $3.25 is per $100 of face value. Hence the cost of one put contract will be $3,250 while the cost of the hedge

= 824 contracts * $3,250 per contract

= $2,678,000.

8 0

2 years ago

Bay Company acquires 60, 8%, 5 year, $1,000 Community bonds on January 1, 2014 for $60,000. The journal entry to record this inv

Alenkinab [10]

Answer: Interest revenue for $2400

Explanation:

From the question, we are informed that Bay Company acquires 60, 8%, 5 year, $1,000 Community bonds on January 1, 2014 for $60,000. The journal entry to record this investment includes a debit for Interest revenue for $2400.

This was calculated in the following way:

= $60,000 × 8% × 1/2

= $60,000 × 0.08 × 0.5

= $2400 interest revenue

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2 years ago

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The owner of a rare manuscript and a collector entered into a written agreement for the sale of the manuscript at a price of $7,

Vikentia [17]

Answer: <u><em>The court should rule in favor of the collector, because in this case the restitution are an competent rectification for the individual. </em></u>

In broad terms, particular performance is not available as a rectification for breach of a agreement when restitution are an adequate rectification for the non breaching organization.

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2 years ago

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