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2 years ago

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Which of the following does not belong in the M2 category? near money money market mutual funds deposits in savings currency hel

d in bank vaults

2 answers:

irakobra [83]2 years ago

5 0

deposits in savings accounts and money market mutual funds.

Finger [1]2 years ago

4 0

Currency held in bank vaults.

Hope this helps :)

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Noreen is extremely happy to be working at QBiz. They are a socially conscious, community-focused company. Noreen knows that her

EastWind [94]

Answer:

B. Meaning

Explanation:

Given that Noreen goals are in line with the manager, team and employer, it means Noreen has meaning in relation to her company. Meaning in relation, shows the degree to which one entity is related to another entity. Here, Noreen goals for herself and a "probable work place " matches and aligns with the goals of every worker in the company including are employer.

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2 years ago

If expected return is less than required return on an asset, rational investors will ________.

DedPeter [7]

Sell the asset, which will drive down the price and cause the expected return to reach the level of the required return.

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1 year ago

Tom Adams has received a job offer from a large investment bank as a clerk to an associate banker. His base salary will be $59,0

Aloiza [94]

Answer:

Present value of the offer = $739,018.03

Explanation:

The cash flows described in the question from end of year 1 to end of year 20 represent a growing annuity for 20 years. The present value of a growing annuity is calculated as follows:

PV= $\frac{P}{i-g}*[1-[\frac{1+g}{1+i}]^n]$

where P = the annuity payment in the first period

i = interest rate per period that would be compounded for each period

g = growth rate

n = number of payment periods

P in the 1st year = the base salary of $59,000 + the 10% bonus of $5,900 = $64,900; g is 3.9% ;i=0.1 and n = 20

Present value of the offer = 15,000 received immediately + PV of the growing annuity

= $15,000+\frac{64,900}{0.1-0.039}*[1-[\frac{1+0.039}{1+0.1}]^2^0]$ =739,018.03

3 0

2 years ago

Question 5 of 23

Veseljchak [2.6K]

Answer:

billable rates

Explanation:

Since in the question it is mentioned that Alice is not sure about the labor rate that used in the project budget so here the billable rate should be used as it refers to the rate that billed for the amount of work done with respect to the project. It is to be charged upon the number of hours worked

Therefore in the given situation, the correct option is third i.e. billable rates and the same is to be considered

0 0

2 years ago

Galvatron Metals has a bond outstanding with a coupon rate of 6.3 percent and semiannual payments. The bond currently sells for

monitta

Answer:

4.09%

Explanation:

For computing the after cost of debt we have to applied the RATE formula i.e to be shown in the attachment below:

Given that,

Present value = $1,919

Future value or Face value = $2,000

PMT = 2,000 × 6.3% ÷ 2 = $63

NPER = 17 years × 2 = 34 years

The formula is shown below:

= Rate(NPER,PMT,-PV,FV,type)

The present value come in negative

So, after applying the above formula,

1. The pretax cost of debt is 3.35% × 2 = 6.70%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 6.70% × ( 1 - 0.39)

= 4.09%

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2 years ago