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2 years ago

What problems has russia experienced in switching from a state-controlled to a free market economy?

Business

1 answer:

Papessa [141]2 years ago

8 0

Answer: Russia experience sever economic crisis

Explanation:

A free market system is one in which the cost and availability of products is determined by the forces of demand and supply. There is no or negligible government intervention in the functioning of the economy. When Russia transformed from being a state controlled system to a market oriented system, it lead to enormous corruption and economic crisis.

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A company issues a ten-year bond at par with a coupon rate of 6.4% paid semi-annually. The YTM at the beginning of the third

sladkih [1.3K]

Answer:

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

Explanation:

The current price of the bond can be calculated by using the formula:

$current \ price \ of \ the \ bond= ( coupon \times \dfrac{ (1- \dfrac{1}{(1+YTM)^{no \ of \ period }})}{YTM} + \dfrac{Face \ Value }{(1+YTM ) ^{no \ of \ period}}$

$current \ price \ of \ the \ bond= ( \dfrac{0.064 \times \$1000}{2} \times \dfrac{ (1- \dfrac{1}{(1+ \dfrac{0.091}{2})^{8 \times 2}})}{\dfrac{0.091}{2}} + \dfrac{\$1000 }{(1+\dfrac{0.091}{2} ) ^{8 \times 2}})$

$current \ price \ of \ the \ bond= \$32 \times $11.19 + \$490.70$

$current \ price \ of \ the \ bond= \$358.08+ \$490.70$

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

5 0

2 years ago

Item 16Item 16 Oscar makes purchases of an existing product (X) such that the marginal utility of the last unit he consumes is 1

padilas [110]

Answer:

increase his consumption of product Y and decrease his consumption of product X

Explanation:

Base on the scenario been described in the question, Oscar make purchase of a X product which he already has, which after consuming has a 10 utils costing him $5, he also purchase another product Y he which after consuming has 8 until costing, this suggest that Oscar reduce his consumption on X and increase his consumption on Y according to the equal marginal principle.

The equal marginal principle talks about the behavior of a consumer in sharing his available income within various goods and services. This law states that how a consumer distributes his money income within various goods to be able obtain maximum satisfaction.

5 0

2 years ago

Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2018: Common Stock, $1 par value, 1,900,0

aalyn [17]

Answer:

Prom Night Formal Wear

Balance sheet

Stockholders' equity section

December 31, 2018

PARTICULAR AMOUNT

Stockholders equity

Common stock $1,900,000

Additional Paid-in capital $23,000,000

Total Paid-Up Capital $24,900,000

Retained earning $16,000,000

Treasury stock ($1,850,000)

Total Stockholder equity <u> $39,050,000</u>

8 0

2 years ago

Administrators at a university will charge students $175 to attend freshman orientation. It costs $6400 to reserve a room, hire

LUCKY_DIMON [66]

Answer:

the number of students to register for break even is 40 students

Explanation:

The computation of the number of students to register for break even is as follows

Let us assume the break even point be X,

Now as we know that

At break even

Total Expense = Total Revenue

$6,400 + $15 × X = $175 × X

160 × X = $6,400

So,

X = $6,400 ÷ 160

= 40 students

hence, the number of students to register for break even is 40 students

8 0

2 years ago

The process of evaluating and planning for long-term investments is called budgeting.

vekshin1

Answer is Capital Budgeting
Reason
Evaluating and planning for long term investments and risk of future cash flows is capital budgeting.

6 0

1 year ago