Answer: $35.84
Explanation:
First year
10% compounded continuously is: 10.517%
$30 X 1.10517=$33.16, then take $2 for dividend and you get ($33.16-$2) $31.16 at the end of the 1st year.
Second year
10% compounded continuously is: 10.517%
$31.16 X 1.10517-2=$32.43 at the end of 2nd year.
(-2) is the dividend for the second year to be taken out.
Third year
10% compounded continuously is: 10.517%
$32.43 X 1.10517
=$35.84
Or:
The three year forward price is gotten by deducting the PV of the returns from the current price and then grossing up to get the returns for three years at the risk-free rate.
The present value of the income is 2e-0.1×1+2e-0.1×2= $3.447.
It is (30−3.447)e0.1×3 = $35.84
Answer:
reciever
Explanation:
when you listen you are the receiver and there after you should give the relevant feed back
Answer:
(D) A and B only
Explanation:
Two other plausible stories that could shift the demand for newspapers to the rights are:
A: If income levels are rising (and given that newspaper is a normal good). Due to this reason, we would expect more people in Baltimore who before now, were not buying newspaper due to their low income, to begin to buy, thus shifting the demand curve to the right.
B: fewer substitute. When the populace have no viable alternative to get news daily, more people are likely to buy newspaper, thus shifting the demand curve to the right.
Option C is incorrect as a shrinking population will translate to reduced demand resulting in a shift of the demand curve to the left.