ANSWER: Mark is correct
EXPLANATION: Mark's idea was to save Cody from paying interest if he swipes his credit card and his idea to save money for 3 months was correct. Cody needs to save money for 3 months to save money enough for the stereo. If he swipes the credit card, he will have to pay interest for 3 months or as long as he saves up enough money to repay the credit card bill. So, if avoid the interest payment, it is a safer idea for Cody to save money for 3 months and then buy the stereo.
Answer:
Embedding culture.
Explanation:
Embedding culture requires determining your leadership style, role modeling, teaching, and coaching. It is seen in how rewards and status is given and to whom, and in our criteria for recruitment, selection, promotion and excommunication of members.
Answer: The correct answer is choice C.
Explanation: The primary purpose of the legal reserve requirement is to provide a means by which monetary authorities can influence the lending ability of commercial banks. These policies are the way in which the Federal Reserve can control the money supply.
The correct answer is agents and brokers. Agents and brokers are considered to be a non-manufacturing traders by which they sell, buy, or even facilitate the traded products of which the goods that they sell are not theirs or they didn't actually owned it.
Answer:
Since the expected return and required return are different for both Stock X and Z, we say that they are not correctly priced
Explanation:
<em>To determine whether or not the stocks are correctly priced ,</em>
<em>we have to compare the r</em><em>equired return</em><em> and the </em><em>expected return on each of them.</em>
Required return = Rf +β (Rm-Rf)
Note that Rm-Rf is also known as market risk premium
<em>Stock Y Stock Z</em>
<em>Required return </em> 2.4% + 1.2(7.2%) 2.4% + 0.8(7.2%)
= 11% = 8.2%
<em>Expected return</em> <em>12.1% 7.85%</em>
Since the expected return and required return are different for both Stock X and Z, we say that they are not correctly priced
