Floating-rate bond is a bond wherein the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3%.
A floating Rate Bond is a type of bond wherein the rate of interest can fluctuate or change at regular intervals based on the benchmark rate set. In other words, the interest rates may vary throughout the tenure of the bond.
A bond may be defined as a kind of loan/debt security that has a fixed income investment that is made by an investor to a borrower who is usually big corporate houses, government sector, or private banks. The amount that is to be repaid at the maturity period of a bond as well as its interest depends upon the kind of bond issued for a specific period.
Main five types of Bonds are:
SavingsAgencyCorporateTreasuryMunicipalLearn more about Securities at:
brainly.com/question/1494295
#SPJ4
According to the data set below, what was the GDP per capita in the United States in 2017? Round your answer to the nearest whole dollar.
United States Real GDP and Population, 2013-2017
Year - Real GDP in US dollars - Population
2013 | $16,691,500,000,000 | 316,234,505
2014 | $17,427,600,000,000 | 318,622,525
2015 | $18,120,700,000,000 | 321,039,839
2016 | $18,624,500,000,000 | 323,405,935
2017 | $19,390,600,000,000 | 325,719,178
The GDP per capita in the United States in 2017 was approximately $59,647.
What was the approximate per capita GDP in the United States in 2017?To calculate the GDP per capita, we divide the real GDP of the United States in 2017 ($19,390,600,000,000) by the population in the same year (325,719,178). This calculation yields a GDP per capita of approximately $59,647.
GDP per capita is a measure that provides insight into the economic well-being of a country's residents on average. It represents the value of goods and services produced per person in a given year.
In the case of the United States in 2017, the GDP per capita indicates that, on average, each resident would have earned approximately $59,647 if the country's GDP were distributed equally among its population.
Learn more about GDP per capita
brainly.com/question/31443762
#SPJ11
A firm in a perfectly competitive market: a.must reduce its price if it wants to sell a larger quantity. b.must be large relative to the total market. c.can exert a major influence on the market price. d.must take the price that is determined in the market.
A firm in a perfectly competitive market: d. must take the price that is determined in the market.
What is a perfectly competitive market?A perfectly competitive market can be defined as a type of market in which there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This ultimately implies that, all business firms in a perfectly competitive market must be willing to take the price that is determined in the market.
Read more on price here: https://brainly.com/question/11898489
#SPJ1
Which statement best defines diversity management?
a. Diversity management is required by law for organizations with more than 100 employees.
b. By managing diversity, firms hope to gain strategic and competitive advantage.
c. The terms diversity management and employment equity can be used interchangeably.
d. Diversity management and inclusion can be used interchangeably.
By managing diversity, firms hope to gain strategic and competitive advantage. Diversity management refers to the proactive and intentional management of diversity within an organization. It involves creating an inclusive work environment that values and leverages individual differences such as race, ethnicity, gender, age, sexual orientation, disability, and other characteristics.
The goal of diversity management is not only to comply with legal requirements but also to harness the potential benefits of diverse perspectives, experiences, and talents. By effectively managing diversity, organizations aim to enhance innovation, creativity, problem-solving, employee satisfaction, and ultimately gain a competitive edge in the marketplace. It is important to note that diversity management is distinct from employment equity, which focuses on ensuring fair representation of designated groups as per legal requirements. Additionally, while diversity management and inclusion are related concepts, they are not interchangeable. Inclusion focuses on creating a supportive and equitable environment where all individuals feel valued, respected, and empowered to contribute their best.
To know more about diversity, click here https://brainly.com/question/24527108
#SPJ11
what are the services that are rendered to the wholesalers by the retailers?
Which of the following most clearly indicates that fiscal policy is becoming
more expansionary?
A. An increase in the budget deficit relative to GDP
B. A reduction in the budget deficit relative to GDP
C. An increase in the budget surplus relative to GDP
D. An increase in the nominal (dollar) size of the budget deficit
Fiscal policy is the use of government spending and taxation to influence the economy. When fiscal policy is expansionary, An increase iningin the budget deficit relative to GDP so correct answer is A
Conversely, when fiscal policy is contractionary, it means that the government is decreasing spending and/or increasing taxes in order to slow down economic growth and control inflation.In order to determine whether fiscal policy is becoming more expansionary or contractionary, we need to look at the budget deficit or surplus relative to GDP. The budget deficit is the amount by which government spending exceeds revenue in a given year, while the budget surplus is the amount by which revenue exceeds spending. GDP, or gross domestic product, is the total value of goods and services produced within a country in a given year.Answer choice A, an increase in the budget deficit relative to GDP, most clearly indicates that fiscal policy is becoming more expansionary. This is because an increase in the budget deficit means that the government is spending more than it is collecting in revenue, which puts more money into the economy and stimulates economic growth. When the budget deficit is expressed as a percentage of GDP, it gives us a sense of how large the deficit is relative to the size of the economy. , which suggests that the government is increasing spending at a faster rate than the economy is growing.
To know more about policy visit:
brainly.com/question/13036064
#SPJ11
Jordan borrowed $10,000 so he could make some improvements to his basement. He will pay back the money (plus interest) by making $1000 monthly payments for the next 12 months. Which type of credit did he use?
an installment sales credit
an installment cash credit
a single lump-sum credit
a bank line of credit
Answer:
The Corrct Answer is:
an installment cash credit
Explanation:
Jordan borrowed some money and will pay it back with interest. It is a type of installment cash credit.
What is an installment cash credit?Installment cash credit is a loan which is borrowed for a fixed amount of money.
The borrower repay the money in fixed installments includes the interest.
Examples are mortgages, personal loan, etc.
Thus, the correct option is B, an installment cash credit.
Learn more about installment cash credit
https://brainly.com/question/2113592
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
HELP PLEASE
Companies create a division of labor among employees in order to:
O A. reduce the opportunity cost for hiring new employees.
O B. make it easier to shift employees between different jobs.
O C. allow each employee to perform one task at a high level.
O D. gain access to more human and physical capital.
Answer:
D
Explanation:
companies do this so everyone is more proficient with their bodies and their work
Why is it important for a person to invest and save
2.
Why do people run a business?
Answer:
to make money
Explanation:
According to expectancy theory, ______ is important in a benefits package because it gives employees the benefits that are of value to them. a. experience b. rating c. rigidity d. flexibility
The expectancy theory shows that in order for employees to get benefits that are of value to them, D. Flexibility is important.
What does the expectancy theory say?According to the expectancy theory, it is best that employees are given the benefits that they as individuals value.
For this to happen, there needs to be flexibility in the type of benefits offered by the company.
Find out more on the expectancy theory at https://brainly.com/question/7218292.
Complete Part 1 of the assignment by giving three examples of your workplace strengths and explaining each with one or two paragraphs for each strengths
Answer:
Some examples of strengths you might mention include:
Enthusiasm.
Trustworthiness.
Creativity.
Discipline.
Patience.
Respectfulness.
Determination.
Dedication.
Explanation:
A recent high school graduate is researching ways she can pay for her college education. She has received three small scholarships, but still needs to pay for
most of the tuition herself. Which of these options may be available to help her pay for her education? Select all that apply.
A. mortgage loan
B. Perkins loan
C. private loan
D. Stafford loan
E. payday loan
E business loan
Answer:
C and D
Explanation:
My expertise is sucking d1ck #Po4n⭐4life
How would you describe a bank?
A) as a service that prints money
B) as a service that provides goods
C) as a producer that provides services
D) as a producer that works for the government
The most accurate Descridption of a bank would be:
C) A producer that provides services.
What is a bank?A bank is a financial institution that offers a variety of services to individuals, businesses, and governments. While it does handle money, it does not print money (as mentioned in option A). The primary function of a bank is to receive and safeguard deposits from customers and provide lending services, such as loans and mortgages.
It also facilitates financial transactions, offers investment services, issues credit and debit cards, provides various types of accounts (e.g., savings accounts, checking accounts), and offers other financial products like insurance and investment options.
Read more on banks here:https://brainly.com/question/14368059
#SPJ1
What is less liquid, Cash or Stocks and why?
Question 7 of 10
How does fractional reserve banking add money to the
economy?
O A. By preserving the value of deposits while loaning
deposited money to others
B. By ensuring that banks maintain reserves covering
all of their deposits
OC. By giving banks the right to print money during
periods of economic emergency
D. By making sure that all loans are repaid by the
borrower's next payday
The answer is A. By preserving the value of deposits while loaning deposited money to others.
Fractional reserve banking refers to the practice where banks are only required to hold a fraction of their deposits in reserve and can lend out the rest. This means that banks can loan out a larger amount of money than they actually have on hand. When the loans are repaid, the money is deposited back into the bank, which can then be loaned out again, creating new money in the economy.
This process of lending and borrowing money, creates new money in the economy, and helps to stimulate economic growth. The money that is deposited in the bank is not idle, but it's put to use by loaning it out to borrowers, who in turn use it for different purposes, such as investments, buying goods and services and so on.
B. By ensuring that banks maintain reserves covering all of their deposits is not correct, as the whole point of the fractional reserve system is that banks are only required to hold a fraction of their deposits in reserve.
C. By giving banks the right to print money during periods of economic emergency is not correct as printing money is not the role of banks but of Central Banks.
D. By making sure that all loans are repaid by the borrower's next payday is not correct, as loans are not always repaid on the next payday but over a longer period of time.
Hope This Helps You!
The process of fractional reserve banking add money to the economy by by preserving the value of deposits while loaning deposited money to others. Thus, the correct answer is option A.
What is fractional reserve banking?Fractional reserve banking is the practise of banks merely holding a portion of their deposits in reserve and lending the remainder. This means that banks can lend out more money than they actually have on hand. When the loans are repaid, the funds are returned to the bank, where they can be given out again, creating fresh money in the economy.
This lending and borrowing process generates fresh money in the economy and contributes to economic growth. The money that is deposited in the bank is not idle, it is put to use by lending it to borrowers, who then use it for various purposes such as investing and purchasing commodities.
Therefore, banks preserving the value of deposits while loaning deposited money to others.
To learn more on fractional reserve banking, click here:
https://brainly.com/question/30580916
#SPJ5
A high degrees of class consciousness in societies can be disruptive within industries, which can often lead to
It should be noted that high degrees of class consciousness in societies can be disruptive within industries, which can often lead to an increase in the costs of production.
What is class consciousness?Class consciousness can be regarded as the segregation in the society, it is the placing of individuals to different class.
However, this can often lead to an increase in the costs of production because of segregation.
Learn more about about production at:
https://brainly.com/question/9261004
to entry impact on small
The impact of barriers to entry on small businesses in South Africa are that it makes it difficult for small businesses to enter certain industries and compete with larger, established companies.
What are barriers to entry ?Small businesses may struggle to compete with larger companies if they have to invest a significant amount of money to start their business. Small businesses may struggle to secure financing from banks and other lenders, which can limit their ability to grow and expand.
Small businesses may face a lack of support from the government, including access to funding, infrastructure, and other resources. Regulations and compliance requirements can make it difficult for small businesses to enter certain industries, particularly those that are heavily regulated.
Find out more on barriers to entry at https://brainly.com/question/12589254
#SPJ1
Full question is:
How does barriers to entry impact on small businesses in South Africa
7. Solve this two step equation:
3 x 5 – 7 = y
Answer:
y=8
Explanation:
15-7=y
8=y
y=8
Answer:
its 8
Explanation:
if u do 3 times 5 its 15, if u do 15-7 which equal 8 or y so y=8
The dollar store is using _______ as a positioning base to differentiate its stores from its competition.
The dollar store is using "low prices" as a positioning base to differentiate its stores from its competition.
Positioning refers to the way a company presents its products or services in the minds of consumers relative to its competitors. It involves creating a distinct and favorable perception of the brand to target customers. One of the common positioning strategies is based on price.
In the case of the dollar store, it positions itself by emphasizing low prices as a key differentiator. The dollar store model typically offers a wide range of products at affordable prices, often priced at or around one dollar. This pricing strategy appeals to budget-conscious customers who are seeking value for their money.
By positioning itself as a store with consistently low prices, the dollar store aims to attract customers who prioritize affordability and savings. This positioning base helps the dollar store differentiate itself from other retailers that may offer similar products but at higher prices. The focus on low prices creates a perception of value and affordability in the minds of consumers.
Additionally, the dollar store's positioning base aligns with its target market, which includes price-sensitive shoppers, bargain hunters, and individuals looking for inexpensive everyday items.
The dollar store has positioned itself using low prices as a primary differentiation strategy. By offering a wide range of products at affordable prices, the dollar store aims to attract customers who prioritize value and savings. This positioning base helps the dollar store differentiate itself from competitors and target the specific needs of price-conscious consumers.
To know more about positioning , visit
https://brainly.com/question/14976421
#SPJ11
If you can afford it, why is it a great idea to pay MORE than your amortized payment on a car, home, or other loan? Select all that apply.
Paying more than your amortized payment on a car, home, or other loan can be a great idea for several reasons.
What are those reasons?
1. Reduced interest costs: By making extra payments, you decrease the principal balance faster, which reduces the total interest you pay over the life of the loan.
2. Shorter loan term: Paying more than the amortized payment allows you to pay off the loan faster, reducing the overall term of the loan.
3. Increased equity: For assets like a home, making extra payments helps build equity more quickly, which can be beneficial for refinancing or selling the property in the future.
4. Improved credit score: Paying down loan balances faster can positively impact your credit score, as it lowers your credit utilization ratio. If you can afford to make extra payments on your loan, these benefits make it an excellent financial strategy.
To know more about Loan related question visit:
https://brainly.com/question/11794123
#SPJ1
The market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity." What is the flaw in this statement? It should state that market supply is the sum of the quantities of natural gas that producers are willing and able to sell at every price. It should state that market supply is the price of natural gas that one firm is willing and able to provide a specified quantity of its product at. It should state that market supply is the quantity of natural gas that producers are willing and able to sell at one specific price. There is no flaw in this statement.
The market supply of natural gas is the sum of all prices that natural gas producers are willing and able to sell at for each quantity.
What is the correct market supply?
The market supply is the total amount of an item that producers are willing and able to sell at various prices over a given time period, such as one month.
The supply curve depicts the relationship between the cost of a good or service and the quantity supplied over a given time period. A typical illustration will show the price on the left vertical axis and the quantity supplied on the horizontal axis.
Therefore, A market supply curve in an industry is the horizontal sum of all supply curves for each individual firm.
Learn more about market supply from the given link.
https://brainly.com/question/13528288
#SPJ1
Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
A specific unit or dollar limit applied to a particular type of good is called a(n):
A. trade license.
B. quota.
C. asterisk bill.
D. predatory price.
E. exchange rate.
A quota is a defined cash or unit cap imposed on a certain class of goods. A quota in business can be a sales goal that a company expects a salesperson or sales team to hit for a given time frame.
What is a specific unit or dollar limit applied to a particular type of good called?A quota is a defined cash or unit cap imposed on a certain class of goods. Absolute quotas place a cap on how much of a certain commodity can be imported into American commerce at a given time. In 1988, trade evolved into a tool for considering America's position in the global economy. The stagflation of the 1980s provided the Omnibus Act of 1988 with its initial impetus.
According to Kent Hughes' Project on America and the Global Economy 3, the 1970s saw a rise in global rivalry. This trend continued throughout the 1980s. A poverty threshold is a set monetary number that is thought to represent the absolute least amount of resources required to provide for a family unit's essential needs1.
Therefore the correct answer is option B ) quota .
To learn more about quota refer to :
https://brainly.com/question/29787076
#SPJ4
Jian teaches elementary school history for the Metro School District. In 2022 they incurred the following expenses associated with their job:
Noncredit correspondence course on history $ 900
Teaching cases for classroom use 1,800
Jian's employer does not provide any funding for the correspondence course or teaching cases. Identify the amount and type (for AGI or from AGI) of deductible expenses (assume the 2022 rules apply for purposes of the qualified education expense deduction).
The deductible expenses and their types (for AGI or from AGI) are as follows:
Noncredit correspondence course on history: $900
Type: For AGI deduction
Teaching cases for classroom use: $1,800
Type: From AGI deduction
Noncredit correspondence course on history: The expense of $900 for the noncredit correspondence course on history is deductible as a qualified education expense. Since the course is directly related to Jian's job as an elementary school history teacher, it qualifies as a deductible expense for AGI. This means that the deduction can be claimed even if Jian does not itemize deductions.
Teaching cases for classroom use: The expense of $1,800 for teaching cases used in the classroom is deductible as an unreimbursed employee expense. These expenses are deducted from AGI as miscellaneous itemized deductions subject to a 2% floor. However, it's important to note that under the Tax Cuts and Jobs Act (TCJA) enacted in 2017, miscellaneous itemized deductions subject to the 2% floor are no longer deductible for tax years 2018-2025. Therefore, Jian cannot claim this deduction in 2022.
The deductible expense for AGI is $900 for the noncredit correspondence course on history. The expense of $1,800 for teaching cases used in the classroom is not deductible due to the suspension of miscellaneous itemized deductions under the TCJA.
To know more about Expenses, visit
brainly.com/question/14697297
#SPJ11
Question 3 of 10
Which of the following is a career you would find in the Finance Career
Cluster?
A. Equine manager
B. Geologist
C. Tax examiner
D. Ecologist
SUBMIT
Answer:
C. Tax examiner
How much would you pay for a share of stock paying a dividend (cash payout C) of $4 to be paid in one year, a known selling price in one year (P) of 540, and expected return (R) of similar assets of 4%? You would pay $___ (Round your response to the nearest penny)
The amount to pay for a share of stock is $580.
Given: Dividend (cash payout C) of $4 to be paid in one year. Known selling price in one year (P) of $540. The expected return (R) of similar assets is 4%. To find: The amount to pay for a share of stock
We can use the Dividend Discount Model to find the amount to pay for a share of stock.
DDM Model: Price of the stock = (Dividend / (Expected return on the stock - growth rate)) + expected stock price(Po = D1 / (R - g) + P)
Where, Po = Price of the stock, D1 = dividend expected in year one, R-g = growth rate, and P = expected stock price. By using the above formula we can find out the price of the stock.
To find out the price of the stock substitute the given values in the above formula: Po = 4 / (0.04 - 0) + 540, Po = $580.
Hence, the price of the stock is $580. Therefore, the amount to pay for a share of stock is $580.
For similar problems on DDM visits:
https://brainly.com/question/24246656
#SPJ11
Identify the relevant auditing standards (PCAOB, AICPA, and IAASB) relating to communicating with audit committees. Locate the standards on each organization’s website.
Compare the scope of communication intended in the PCAOB standard versus that of the harmonized AICPA/IAASB standards.
How do the AICPA/IAASB standards define "those charged with governance"?
The PCAOB standard notes that the prior auditing standard relating to this topic, AU 380 (1989), indicated that audit committee communications are incidental to the audit. The new PCAOB standard takes quite a different approach, articulating the critical importance of audit committee/auditor communication throughout the year, and certainly before the issuance of the audit report. Comment on why you think the profession has shifted its focus in this regard so significantly.
According to the PCAOB standard, what are the four objectives of the auditor in communicating with the audit committee?
The relevant auditing standards for communicating with audit committees are as follows:
PCAOB (Public Company Accounting Oversight Board):
PCAOB Standard No. 16, Communications with Audit Committees
The standard can be found on the PCAOB's website under "Standards."
AICPA (American Institute of Certified Public Accountants) and IAASB (International Auditing and Assurance Standards Board):
AICPA and IAASB have harmonized their standards on communicating with those charged with governance. The relevant standards are:
AICPA - AU-C Section 260, The Auditor's Communication with Those Charged with Governance
IAASB - ISA 260 (Revised), Communication with Those Charged with Governance
These standards can be found on the AICPA's and IAASB's websites under "Standards and Guidance."
The scope of communication intended in the PCAOB standard is more comprehensive compared to the harmonized AICPA/IAASB standards. The PCAOB standard emphasizes the importance of continuous communication with the audit committee throughout the year, including discussions about the audit plan, significant audit findings, and the auditor's independence. The AICPA/IAASB standards also cover similar topics but may have some differences in specific requirements.
The AICPA/IAASB standards define "those charged with governance" as the individuals or organizations with responsibility for overseeing the strategic direction of the entity and obligations related to the accountability and financial reporting process.
The shift in focus by the profession regarding audit committee/auditor communication can be attributed to several factors. These include a greater emphasis on corporate governance and accountability, increased regulatory scrutiny, and the recognition of the audit committee's vital role in ensuring effective financial reporting and audit quality.
According to the PCAOB standard, the four objectives of the auditor in communicating with the audit committee are:
To provide an overview of the overall audit strategy, including timing and significant risks.
To communicate significant audit findings, including any material weaknesses in internal control.
To discuss the auditor's evaluation of the entity's financial statements and significant accounting policies.
To address other matters required to be communicated by auditing standards, laws, or regulations.
Learn more about relevant here
https://brainly.com/question/24553900
#SPJ11
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
An economy with constant velocity has real gdp growth of 3 percent, money growth of 7 percent, and a real interest rate of 2 percent. The nominal interest rate is.
The nominal interest rate is 6% of an economy where constant velocity has real gdp growth of 3 percent.
The nominal interest rate is the amount that banks, debt issuers, and investment companies advertise for loans and different types of investments. It is the stated interest rate that is earned by the investor or lender and paid to them.
According to the Information Provided:
Y = 3% real GDP growth
M=7% money growth
Real interest rate equals 2%, or r.
Constant velocity equals 0%
We need to find the nominal interest rate.
The following is the quantity theory of money (QTM) equation:
ΔM + ΔV = ΔP + ΔY
ΔP = ΔM + ΔV – ΔY
Using the percentages in the problem as a guide,
ΔP = ΔM + ΔV – ΔY
ΔP = 7% + 0% – 3%
ΔP = 4%
Real and nominal interest rates are related by the Fisher equation, which is given by
Nominal interest rate- inflation = real interest rate.
The equation is rearranged to find nominal interest
Real interest rate+ inflation = nominal interest rate.
Interest rate nominal = 2% plus 4%
Hence, 6% is the nominal interest rate.
To know more about nominal interest rate: https://brainly.com/question/25816355
#SPJ4