When Mrs. Watson refuses to hire a person because of their nationality, religion or race is an example of discrimination, also happens when someone treats someone else in a way that is harmful, because of the difference in political ideas, sexual orientation or gender.
Answer:
the value of the short forward contract is -0.49
Explanation:
the computation of the value of the short forward contract is shown below:
= (Delivery price - current forward price)× e^(risk free interest rate × no of months ÷ total number of months)
= ($42.25 - $42.75)× e^(-7.90% × 4÷12)
= -0.49
Hence, the value of the short forward contract is -0.49
Therefore the same should be considered
Answer:
increase their savings
Explanation:
Saving is the action of putting aside a portion of income in a safe place instead of spending. It is a technique that firms and individuals use to achieve their financial objectives. Consistent saving for a duration of time helps accumulates a substantial amount of money that can be used to actualize financial objectives.
While savings is not the financial objective, it is a means to achieve the actual goal. For Example, if one goal is to own a home or a car, they start saving for the down-payment. Saving helps achieve their long term goals.
Answer:
Current market price is 474.30
Explanation:
The current price of the bond can be computed using the pv function in excel as stated thus:
=-pv(rate,nper,pmt,fv)
rate is semiannual yield to maturity which is 7.6%/2
nper is the 10 years of bond tenure multiplied by 2
pmt is the coupon payable which is zero
fv is the face value of the bond which is $1000
=-pv(7.6%/2,20,0,1000)=$ 474.30
Answer:
28.85
Explanation
Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)
Fixed payment× FVIFA=Future value
<em>FVIFA</em> = 
where r is the periodic rate (9%)
and n is the number of periods
therefore; 70000×
=7796223
=(7796223×0.09)/70000
n=27.85
However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal
