Rolling Coast Inc. issued BBB bonds two years ago. These bonds provided a yield to maturity (YTM) of 11.5 percent. Long-term risk-free government bonds were yielding 8.7 percent at the time. The current risk premium on BBB bonds versus government bonds is half of what it was two years ago. If the risk-free long-term government bonds are currently yielding 7.8 percent, then at what interest rate should Rolling Coast expect to issue new bonds

Answers

Answer 1

Answer: 9.2%

Explanation:

The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:

Firstly, we will calculate the previous risk premium on BBB bonds which will be:

= 11.5% - 8.7% = 2.8%

Then, the new risk premium on BBB bonds will be:

= Previous risk premium / 2

= 2.8% / 2

= 1.4%

Then, the interest rate that Rolling Coast should expect to issue new bonds will be:

= 7.8% + 1.4%

= 9.2%


Related Questions

g Privett Company Accounts payable $33,411 Accounts receivable 66,433 Accrued liabilities 6,512 Cash 22,494 Intangible assets 37,191 Inventory 89,982 Long-term investments 110,819 Long-term liabilities 75,872 Marketable securities 34,976 Notes payable (short-term) 29,393 Property, plant, and equipment 671,232 Prepaid expenses 1,809 Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point

Answers

Answer:

1.79

Explanation:

Quick ratio = (Current assets - Inventory - Prepaid expenses) / Current liabilities

Quick ratio = (Account Receivable + Cash + Marketable securities) / (Account Payable + Accrued liabilities + Notes payable)

Quick ratio = (66,433 + 22,494 + 34,976) / (33,411 + 6,512 + 29,393)

Quick ratio = $123,903 / $69,316

Quick ratio = 1.78751

Quick ratio = 1.79

Oakwood Inc. manufactures end tables, armchairs, and other wood furniture products from high-quality materials. The company uses a standard costing system and isolates variances as soon as possible. The purchasing manager is responsible for controlling direct material price variances, and production managers are responsible for controlling usage variances. During November, the following results were reported for the production of American Oak armchairs:
Units produced 1,670 armchairs
Direct materials purchased 18,500 board feet
Direct materials issued into production 17,250 board feet
Standard cost per unit
(22 board feet × $7.2) $158.4 per unit produced
Purchase price variance $2,620 unfavorable
Required:
a. Calculate the actual price paid per board foot purchased.
b. Calculate the standard quantity of materials allowed (in board feet) for the number of units produced.
c. Calculate the direct materials usage variance. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)

Answers

Answer:

Oakwood Inc.

a) The actual price paid per board foot purchased is:

= $7.34

b) The standard quantity of materials allowed (in board feet) for the number of units produced is:

= 36,740 board feet

c) The direct materials usage variance is:

= $140,328 F

Explanation:

a) Data and Calculations:

i) Reported production of American Oak Armchairs:

Units produced = 1,670 armchairs

Direct materials purchased = 18,500 board feet

Direct materials issued into production = 17,250 board feet

ii) Standard cost per unit

(22 board feet × $7.2) $158.4 per unit produced

Purchase price variance $2,620

a) The actual price paid per board foot purchased

= Standard cost per board feet + (Purchase price variance/Quantity purchased)

= $7.20 + ($2,620/18,500)

= $7.20 + $0.14

= $7.34

b) The standard quantity of materials allowed (in board feet) for the number of units produced

= 22 * 1,670

= 36,740 board feet

c) The direct materials usage variance = (Standard Qty - Actual Qty) * Standard price per board feet

= (36,740 - 17,250) * $7.20

= $140,328 F

Vanessa and Martin file a joint return for 2020. They have one child age 12. They have combined AGI of $202,000. What is their maximum permitted contribution to a Coverdell Education Savings Account for 2019?
a. $0.
b. $800.
c. $1,200.
d. $2,000.

Answers

Answer:

Their maximum permitted contribution to a Coverdell Education Savings Account for 2019 is $1,200 that is Option c.

Explanation:

[tex]=\frac{202000-190000}{30000} \\= 0.40(2000)[/tex]

= $800 is disallowed.

So, $1200 is allowed.

A company wants to generate a forecast for unit demand for year 2018 using exponential smoothing. The actual demand in year 2017 was 120. The forecast demand in year 2017 was 110. Using this data and a smoothing constant alpha of 0.1. What is the resulting year 2018 forecast value?

Answers

Answer:

111

Explanation:

Exponential Smoothing forecast for 2018 = (Alpha*Actual demand in 2017) + ((1 - Alpha)*Forecast demand for 2017: Where Alpha = 0.1, Actual demand in 2017 = 120 and Forecast for 2017 = 110

Exponential Smoothing forecast for 2018 = (0.1 * 120) + ( (1 - 0.1) * 110)

Exponential Smoothing forecast for 2018 = (0.1 * 120) + (0.9 * 110)

Exponential Smoothing forecast for 2018 = 12 + 99

Exponential Smoothing forecast for 2018 = 111

You accept a new job with a starting salary of $53,000. You receive a 4% raise at the start of your second year, a 5.5% raise at the start of your third year, and an 11.1% raise at the start of your fourth year. (Round your answers to two decimal places.)

Answers

Answer:

a. Salary for the second year:

Salary is to increase by 4% in second year.

= 53,000 * (1 + 4%)

= $55,120

b. Third year salary:

Second year salary will increase by 5.5%

= 55,120 * (1 + 5.5%)

= $58,151.60

c. Fourth year salary:

Third year salary to increase by 11.1%

= 58,151.60 * (1 + 11.1%)

= $64,606.43

Perdue Company purchased equipment on October 1 for $55,060. The equipment was expected to have a useful life of three years, or 7,600 operating hours, and a residual value of $1,860. The equipment was used for 1,400 hours during Year 1, 2,700 hours in Year 2, 2,300 hours in Year 3, and 1,200 hours in Year 4.

Required:
Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method.

Answers

Answer:

$13,300 for each of the four years

Unit of output

$9800

$18900

$16100

$8400

double declining

27530

13765

6882.5

3441.25

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

( $55,060 - $1,860) / 4 = $13,300 each year

Activity method based on hours worked = (hours worked that year / total hours of the machine) x  (Cost of asset - Salvage value)

( $55,060 - $1,860) / 7600 = 7

year 1 = 7 x 1400 = 9800

year 2 = 7 x 2700 = $18900

year 3 = 7 x 2300 = $16100

year 4 = 7 x 1200 = $8400

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/4 = 0.5

Year 1 = $55,060 x 0.5 = 27530

book value =  $55,060 - 27530 = 27530

year 2 = 27530 x 0.5 = 13765

book value = 27530 - 13765 =  13765

year 3 =  13765 x 0.5 = 6882.50

Identify deficiencies in Wagner's participative budgetary policy for planning and performance evaluation purposes

Answers

Question Completion:

Behavioral Considerations and Budgeting Anthony Wagner, the controller in the Division of Transportation for the state, recognizes the im ance of the budgetary process for planning, control, and motivation purposes. He believes that properly implemented participative budgeting process for planning purposes and a management by exception reporting procedure based on that budget will motivate his subordinates to improve productivity within their particular departments. Based on this philosophy, Wagner has implemented the following budget procedures:

An appropriation target figure is given to each department manager. This amount is the maximum funding that each department can expect to receive in the next fiscal year Department managers develop their individual budgets within the following spending constraint as directed by the controller's staff:

1. Expenditure requests cannot exceed the appropriation target

2. All fixed expenditures should be included in the budget: these should include items such . . as contracts and salaries at current levels

3. All government projects directed by higher authority should be included in the budget in their entirety. The controller consolidates the departmental budget requests from the various departments into one budget that is to be submitted for the entire division. Upon final budget approval by the legislature, the controller's staff allocates the appropriation to the various departments on instructions from the division manager. However, a specified percentage of each department's appropriation is held back in anticipation of potential budget cuts and special funding needs. The amount and use of this contingency fund are left to the discretion of the division manager Each department is allowed to adjust its budget when necessary to appropriation level. However, as stated in the original directive, specific projects authorized b higher authority must remain intact. The final budget is used as the basis of control for a management by exception form of reporting. Excessive expenditures by account for each department are highlighted on a monthly basis. Department managers are expected to account for all expenditures over budget. Fiscal responsibility is an important factor in the overall performance evaluation of department managers .Each department is allowed to adjust its budget when necessary to operate within the reduced · Wagner believes that his policy of allowing the department managers to participate in the budget process and then holding them accountable for their performance is essential, e these times of limited resources.

Answer:

Deficiencies in Wagner's Participative Budgeting Policy

1. Fixed costs are not controllable by managers.  This defeats, to a large extent, the idea of participative budgeting policy by Wagner as his departmental managers' performances are evaluated based on goals they have not set for themselves.

2. Wagner's participative budgetary policy allows him to revise some approved budgets arbitrarily without seeking the participation of divisional managers in the revision.  This negatives the principle of participation.

Explanation:

An effective participating budgeting process ensures the utilization of specialist knowledge of the participants who are close to the daily operations of their departments. An effective process ensures the setting of more realistic and acceptable goals.  A good participative budgetary policy wins managers' commitment, improves communication and accountability, and ensures group cohesiveness.

What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 7 years if the current price is $500. Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).

Answers

Answer:

0.104

Explanation:

We are to determine the yield to maturity of the bond

yield to maturity can be determined using a financial calculator

Cash flow in year 0 = -500

Cash flow each year from year 1 to 6 = 0

Cash flow in year 7 = 1000

YTM = 10.4%

To find the YTM using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

Help please I have no clie

Answers

Answer:

It is A C and D

Explanation:

I hope i helped you bro!

Explanation:

a b and c. The others are either too costly (lots of ATMs) or a bad thing (higher check fees).

The T-account showing the manufacturing overhead activity for Alfred Corp. for 2020 shows a debit of $195,000 and a credit of $203,000. When answering the three questions below, enter your answer using only numeric amounts (unless otherwise directed), rounded to the nearest dollar (no dollar signs and no commas). What is the actual manufacturing overhead

Answers

Answer: $195000

Explanation:

The actual manufacturing overhead refers to the true costs which are incurred during production and this include factory supplies used, indirect materials, insurance, depreciation, factory taxes, etc.

Here, the debit of $195,000 is the actual manufacturing overhead while the credit of $203000 is the allocated manufacturing overhead.

Lingadalli Corporation (PLC) is considering an IPO. LC has 12 million shares of common stock owned by its founder and early investors. LC has no preferred stock, debt, or short-term investments. Based on its free cash flow projection, LC's intrinsic value of operations is $210 million. LC wants to raise $30 million (net of flotation costs) in net proceeds. The investment bank charges a 7% underwriting spread. All other costs associated with the IPO are small enough to be neglected in this analysis and all shares sold in the IPO will be newly issued shares. Answer the following questions. Inputs Value of operations (VPre-IPO) $210 million Number of existing shares (Existing) 12 million Target net proceeds $30 million Flotation costs (F) 7% a. What is the intrinsic stock price per share before the IPO

Answers

Answer:

$ 17.50

Explanation:

The intrinsic stock price per share before the IPO can be determined using the company's details before the IPO, in other words, the intrinsic value per share before the initial public offer is the pre-IPO value of the company divided by its number of existing shares which is computed thus:

intrinsic stock price per share before the IPO=LC's intrinsic value of operations/Number of existing shares

LC's intrinsic value of operations= $210 million

Number of existing shares= 12 million

intrinsic stock price per share before the IPO=$210 million/12 million

intrinsic stock price per share before the IPO=$ 17.50  

Which of the following is considered the output in the systems thinking example of a decision support system?
1) Transaction processing system:
2) What-if:
3) Sensitivity:
4) Goal-seeking:
5) Optimization:
6) Forecasts:
7) Simulations:
8) Ad hoc reports:

Answers

Answer:

6) Forecasts:

Explanation:

Considering the available options the output in the systems thinking example of a decision support system is FORECASTS

Given that the Direct Support System's output is any form of representation that is a proud t of DSS input. It is usually in form of graphical objects, forms, or tables. This output shows the information that is derived from input analysis. It is used to support the decision-making process.

Hence, in this case, the correct answer is "Forecasts"

1) You are considering purchasing a 20 year bond from Saudi Arabia. You have a required return
of 15%. The bond has the following characteristics:
Par Value: $1,000
Maturity: 20 years
Coupon Rate: 12%
What would you offer for this bond today?

Answers

Answer:

$812.20

Explanation:

Given the following bond characteristic:

Coupon rate = 12%

Market or yield rate = 15%

Years to maturity = 20 years

Face or par value = $1000

Inputting the values into a bond value calculator, the bond value output is : $812.20

This means that the sum of the present value of all likely coupon payment and par at maturity. It is simply the present value of all cash streams it is projected to generate.

A restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer. How would the use of company funds for this purpose be justified by a business whose goal is to maximize profit

Answers

Answer: The money spent is worth the boost it gives to the corporate image

Explanation:

Corporate social responsibility gives companies a good image and can help a company improve its brand and revenue.

Since the restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer, the use of the funds of the company will be justified when the money that's spent is worth the boost it gives to the corporate image.

Will give brainliest Please help me and write an outline for my alternate answer at the end of this assignment ( btw a shul is a synagogue)

Answers

Explanation:

Sorry about this but problem are not very clear

Belle Company buys land for $50,000 on 12/31/20. As of 3/31/21, the land has appreciated in value to $50,700. On 12/31/21, the land has an appraised value of $51,800. By what amount should the Land account be increased in 2021

Answers

Answer:

Belle Company

The amount that the Land account should be increased by is:

= $1,800.

Explanation:

a) Data and Calculations:

Cost of land bought on 12/31/20 = $50,000

Value of land on 3/31/21 = $50,700

Appraised value of land on 21/31/21 = $51,800

The amount that the Land account should be increased by is $1,800 ($51,800 - $50,000)

b) Land is always appraised by a professional appraiser who uses the value of similar property in the same location to determine the value.  Appraisal helps to determine the value of the property, especially if it is being sold to another party or being used as collateral to obtain finance.

Giả sử có số liệu về nền kinh tế (Lãi suất tính bằng %, các chỉ tiêu khác tính bằng tỷ USD):
MD = 2700 – 250i; MSr = 1750. Thì mức lãi suất cân bằng là bao nhiêu?
giúp em với ạ môn kinh tế vĩ mô nha mn

Answers

Answer:

What language is this?

Explanation:

Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were 50% complete. It has 200 units which are 25% complete at the end of the month. During the month, it completed and transferred 500 units. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Zahra uses weighted-average process-costing method.

Required:
Calculate the total equivalent units in ending inventory for assignment of conversion costs?

Answers

Answer:

50 units

Explanation:

Particulars                                Physical units  % Conversion  EUP-Conversion

Ending Work-in-Process                200                   25%              50 (200*25%)

Equivalent unit of production      200                                        50

So, the total equivalent units in ending inventory for assignment of conversion costs is 50 units.

Normally dividend or /and capital gain is reason of investment. Why do you think stockholders of a firm that is performing very well would prefer that firm pay only a low percentage of its earnings as dividends? Does it give a good message to potential investors Give solid reasons to support your answer by taking into consideration the impact on financial performance of organization and capital structure composition

Answers

Answer:Preferred shares are an asset class somewhere between common stocks and bonds, so they can offer companies and their investors the best of both worlds Some companies like to issue preferred shares because they keep the debt-to-equity ratio lower than issuing bonds and give less control to outsiders than common stocks.

Galaxy Corp. is considering opening a new division to make iToys that it expects to sell at a price of $15,250 each in the first year of the project. The company expects the cost of producing each iToy to be $6,700 in the first year; however, it expects the selling price and cost per iToy to increase by 3.00% each year.
Based on the preceding information and rounding dollar amounts to the nearest whole dollars, the company expects the selling price in the fourth year of the project to be_______ , and it expects the cost per unit in the fourth year of the project to be _______.
Which of the following statements about inflation’s effect on net present value (NPV) is correct?
A. When the selling price and cost per unit are expected to increase at the same rate, forgetting to take inflation into account in a capital budgeting analysis will typically cause the estimated NPV to be lower than the true NPV.
B. When the selling price and cost per unit are expected to increase at the same rate, you do not need to take inflation into account when performing a capital budgeting analysis

Answers

Answer:

Galaxy Corp.

1. Based on the preceding information and rounding dollar amounts to the nearest whole dollars, the company expects the selling price in the fourth year of the project to be__$17,172___ , and it expects the cost per unit in the fourth year of the project to be ___$7,544___.

2. The CORRECT statement about inflation's effect on net present value (NPV) is:

B. When the selling price and cost per unit are expected to increase at the same rate, you do not need to take inflation into account when performing a capital budgeting analysis.

Explanation:

a) Data and Calculations:

Expected selling price of iToy = $15,250 per unit

Expected cost of producing iToy = $6,700 per unit

Expected annual increase in selling price and cost per iToy = 3.00%

The expected selling price in the fourth year of the project = $15,250 * (1 + 0.03)^4

= $17,172 ($15,250 * 1.126)

The expected cost per unit in the fourth year of the project = $7,544 (6,700 * 1.126)

Term Answer Description Discounting A. A series of equal (constant) cash flows (receipts or payments) that are expected to continue forever. Time value of money B. One of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or receipts will grow over a period of time when earning interest at a given rate of interest. Amortized loan C. A value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested ove

Answers

Answer:

1. Perpetuity.

2. Opportunity cost of funds.

3. Annual Percentage rate.

Explanation:

1. Perpetuity: a series of equal (constant) cash flows (receipts or payments) that are expected to continue forever. It's typically a cash flow stream generated through a share of preferred stock and is often expected to pay dividends to the holders every quarter for an indefinite period of time.

2. Opportunity cost of funds: one of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or receipts will grow over a period of time when earning interest at a given rate of interest. Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

3. Annual Percentage rate: value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested over a 12-month period. An interest rate can be defined as an amount of money that is charged as a percentage of the total amount borrowed from an individual or a financial institution.

Suppose you had inside information that your employer was thinking about declaring bankruptcy, and you find out that a family member was about to purchase $20,000 in the stock of your employer. To what extent would it be unethical for you to dissuade the family member from making the investment

Answers

Answer: To the extent that Inside Information is not disclosed.

Explanation:

U.S. law prohibits people from being able to disclose inside information so if you pass on the information about the impending bankruptcy to a family member, you would be in violation of this law and if found out, will be punished accordingly.

If however, you advice your family member not to invest based on analysis of the company (of which you must keep detailed records of) using mosaic information which is public information, then you would not have used inside information so it would not be illegal.

Shin Corporation had a projected benefit obligation of $3,100,000 and plan assets of $3,300,000 at January 1, 2020. Shin also had a net actuarial loss of $465,000 in accumulated OCI at January 1, 2020. The average remaining service period of Shin's employees is 7.5 years. Compute Shin's minimum amortization of the actuarial loss.

Answers

Answer:

$18,000

Explanation:

Projected benefit obligation = $3,100,000  

Plan assets = $3,300,000

Corridor amount = Plan assets * Corridor percentage

Corridor amount = $3,300,000 * 10%

Corridor amount = $330,000

Accumulated loss = $465,000

Excess loss subject to amortization = $465,000 - $330,000

Excess loss subject to amortization = $135,000

Amortized to pension expense = Excess loss subject to amortization / Average remaining service

Amortized to pension expense = $135,000 / 7.5 years

Amortized to pension expense = $18,000

If variances are recorded in the accounts at the time the manufacturing costs are incurred, what does a debit balance in Direct Materials Price Variance represent?

Answers

Answer:

unfavorable variance

Explanation:

In such situation, a debit balance in Direct Materials Price Variance represents

unfavorable variance. This is an accounting term that explains situations when the actual cost of the project is higher than the standard or projected cost.

It means that the actual price at which the materials are bought is higher than the standard price / budgeted price / estimated price and therefore, more amount has to be paid than expected.

A car dealer leases a small computer with software for $5,000 per year. As an alterative he could buy the computer for $7,500 and lease the software for $3,500 per year. Any time he would decide to switch to some other computer he could cancel software lease and sell the computer for $500.
If he buys the computer nad leases the software, what is the payback period?
a. 3 years
b. 4 years
c. 5 years
d. 6 years
If he kept the computer and software for 8 years, what would be the benefit-cost ratio, based on a 5% interest rate.
a. 1.5
b. 1.4
c. 1.3
d. 1.2

Answers

Answer:

1. The payback period is:

= 3 years

2. The benefit-cost ratio is:

= 1.1

Explanation:

a) Data and Calculations:

                                   Leasing Computer    Buying Computer &

                                        with Software       Leasing Software

Annual lease payment     $5,000                      $3,500

Cost of computer                                                $7,500

Salvage value of computer                                   $500

Usage period                       8 years                   8 years

Interest rate                         5%                           5%

Present value annuity factor 6.463                    6.463

Present value factor for salvage                        0.677

Present value of annuity    $32,315                $29,782 ($22,621 + $7,500 - 339)

$22,782 = ($3,500 * 6.463 + $7,500 - ($500 * 0.677))

Benefit-cost ratio = $32,315/$29,782 = 1.1

BR Company has a contribution margin of 18%. Sales are $423,000, net operating income is $76,140, and average operating assets are $131,000. What is the company's return on investment (ROI)

Answers

Answer:

58.12%

Explanation:

Return on investment = Net operating income / Average operating assets

Return on investment = $76,140 / $131,000

Return on investment = 0.5812214

Return on investment = 58.12%

So, the company's return on investment (ROI) is 58.12%.

Journalize the entries to record the following: March 1 Established a petty cash fund of $527. March 31 The amount of cash in the petty cash fund is now $354. The fund is replenished based on the following receipts: office supplies, $58 selling expenses, $123. Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank or enter "0".Mar. 1 Petty Cash 527Cash 527Mar. 31 Office Supplies 58Selling Expenses 123Cash Short and Over ?Cash ?

Answers

Answer:

1. Dr Petty Cash $527

Cr Cash $527

2. Dr Office Supplies 58

Dr Selling Expenses $123

Dr Cash Over and Short $8

Cr Cash $173

Explanation:

1. Preparation of the Journal entry to replenish petty cash

March 1

Dr Petty Cash $527

Cr Cash $527

(To replenish petty cash)

2. Preparation of the journal entry to Record any discrepancy in the cash short and over account.

March 31

Dr Office Supplies 58

Dr Selling Expenses $123

Dr Cash Over and Short $8

($173-$58-$123)

Cr Cash $173

($527-$354)

(To Record any discrepancy in the cash short and over account)

Installing an automated production system costing $300,000 is initially expected to save Zia Corporation $52,000 in expenses annually. If the system needs $7,500 in operating and maintenance costs each year and has a salvage value of $30,000 at year 10, what is the IRR of this system

Answers

Answer:

8.87%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-300,000

Cash flow each year from year 1 to 9 = $52,000  - $7,500  = $44500

Cash flow in year 10 =  $44500 + $30,000 = $74500

IRR = 8.87%

To determine the value of IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

When a sales representative wishes to sell an exempt security to an out of state customer, which statement is TRUE?

Answers

Answer: A. Both the broker-dealer and the registered representative must be registered in the state where the sale of the exempt security is going to be made

Explanation:

When a sales representative wishes to sell an exempt security to an out of state customer, it should be noted that both the broker-dealer and the registered representative must be registered in the state where the sale of the exempt security is going to be made.

It should be noted that when though the exempt securities aren't typically registered under the Federal law and the State law, the broker-dealers along with the sales employees must be registered unde the state law where the security is being offered.

For which of the following random variables would the use of a Normal distribution as a model be a clear error?
a) The number of houses that an individual owns
b) The number of minutes that a battery lasts in a cell phone
c) Student test scores on an exam
d) The daily percentage change on a stock

Answers

Answer:

A. The number of houses that an individual owns

Explanation:

The use of normal distribution in option A would produce an error. That is the number of houses individuals own.

We know that people can own 1 house or more than 1 house or no house at all. But a person can never be said to have less than 0 houses.

Option a is going to be skewed positively. Using Normal distribution would give us an error.

Other Questions
i need help please :(( Intermarriage between English colonists and Native Americans in Virginia: Question 4 options: a) was very rare. b) began with the wedding of John Smith and Pocahontas. c) was common. d) produced a member of a British royal family who became an Indian chief. e) created a mixed race of Native Americans who often wound up enslaved. Why does Thoreau Believe that the government based on majority rule cannot be based on justice PLEASE HELP!! Please answer all if you can and show answer clearly thankyou sm if u do 1. Why was the United Nations created? what key element is found in goth litature When drafting a short story, at what point in the plot should the storys central problem be introduced? Find the lateral surface area of the cylinder. Round your answer to the nearest tenth. Voice Com, Inc., produces and sells cellular phones. The costs of producing and selling 8,000 units of cellular phones are as follows: Variable costs: Fixed costs: Direct materials $ 81 per unit Factory overhead $325,600 Direct labor 37 Selling and admin. exp. 114,400 Factory overhead 24 Selling and admin. exp. 20 Total $162 per unit Voice Com desires a profit equal to a 14% rate of return on invested assets of $942,400. Assume that Voice Com, Inc., uses the total cost concept of applying the cost-plus approach to product pricing. a. Determine the total costs and the total cost amount per unit for the production and sale of 8,000 units of cellular phones. Round the cost per unit to two decimal places. Total cost $ fill in the blank 1 Cost amount per unit $ fill in the blank 2 b. Determine the total cost markup percentage (rounded to two decimal places) for cellular phones. fill in the blank 3 % c. Determine the selling price of cellular phones. Round to the nearest cent. $ fill in the blank 4 per phone The net of a solid figure is shown below:Which calculation will give the total surface area of the solid figure? (1 point)1) 5.6.6 square inches2) 6.5.5 square inches3) 6.5.5.5 square inches4) 5.6.6.6 square inches Ranking brainliest if correct !!! help appreciated !!!! A bare helium nucleus has two positive charges and a mass of 6.64 1027 kg. (a) Calculate its kinetic energy in joules at 3.60% of the speed of light. What is 4-3 written in expanded form? The constitution delared India as a unionof state Although it did not use the wordFederation the Indian union is based onThe principal of federalism-Evaluate thestatement with five suitable points- Solve for x in the triangle. Round answer to the nearest tenth. Anybody know the answer ? What is speciation ? Which country did the Soviets provide aid to during the Cold War?A. AngolaB. BritainC. FranceD. Italy i am from spain, can you help me with this please