Answer:
Explanation:
NASSA rules are set of laws enacted to guide the administration of business and trading activities. Some of the NASAA are protection of vulnerable adults from financial exploitation and guides against unethical practices by investment advisers.
NASSA rules does not forbid RIA from charging an incentive fee based on investment performance, however , it must be able to prove that the fee charged is fair , reasonable and affordable by the customer , in as much as the customer is not being financially exploited.
Answer:
Mitch is the owner of GameOn, a popular sports bar. He personally trains his servers and then gives them autonomy to make on-the-spot decisions to resolve any customer complaints and issues. This is a form of _____.
a. flexibility
b. assurance
c. empowerment
d. service guarantee
The answer is C. Empowerment
Explanation:
Empowerment is the process of giving authority or power to an individual to carry out an action.
Mitch training and giving his serves autonomy to resolve any customer complaint and issues is a form of empowerment. It goes to show that he has a level of trust in their ability to make decision and respond appropriately to the issues they might face when attending to customers.
Answer:
A) $50
Explanation:
The computation of the intrinsic value of the stock is shown below:
But before that the required rate of return is computed by using CAPM
Required rate of return = Risk-free rate of return + Beta × (Market rate of return - risk-free rate of return)
= 5% + 0.5 × (13% - 5%)
= 5% + 0.5 × 8%
= 5% + 4%
= 9%
Now the intrisinc value is
= Dividend ÷ (required rate of return - growth rate)
= $6 ÷ (9% - (-3%)
= $6 ÷ 12%
= $50
Hence, the intrinsic value of the stock is $50
Therefore the correct option is A.
Answer:
B
Explanation:
Had the same question and it was the correct answer
Full time employees are allowed a vacation they earned at the rate of one day per month at anytime, with a request submitted at least three business days minimum before the vacation period. failure to submit within the this time frame might cause denial of the vacation.
