The monetary policy tool whereby the Federal Reserve buys and sells government bonds is called (B) open-market operations.
What are open-market operations?An open market operation (OMO) is a macroeconomic activity in which a central bank provides (or withdraws) liquidity in its currency to (or from) a bank or group of banks.Open-market operations are the monetary policy tool through which the Federal Reserve buys and sells government bonds.The central bank can either buy or sell government bonds (or other financial assets) in the open market (hence the name) or, in what is now the preferred solution, enter into a repo or secured lending transaction with a commercial bank.The central bank gives the money as a deposit for a defined period while simultaneously taking an eligible asset as collateral.As the definition says, open-market operations are the monetary policy tool through which the Federal Reserve buys and sells government bonds.
Therefore, the monetary policy tool whereby the Federal Reserve buys and sells government bonds is called (B) open-market operations.
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Complete question:
The monetary policy tool whereby the Federal Reserve buys and sells government bonds is called:
(A) the discount rate.
(B) open-market operations.
(C) reserve requirements.
(D) moral suasion.
Company ABC is in the middle of a tender offer to purchase a small competitor, at a ratio of 3 shares of ABC stock for each share of the target company. In four days, the tender will expire, and the number of shares tendered remains below the squeeze-out threshold. What options are available to the company to ensure the tender is fully subscribed
The option available to the company to ensure the tender is fully subscribed is to extend the tender and offer a 3.5x multiple to all investors (all holders' best price).
A tender offer is an open invitation to all shareholders to tender their shares for sale at a set price and during a certain window of time.
In order to give shareholders a stronger incentive to sell their shares, the tender offer is often established at a price per share that is higher than the company's existing stock price.
When a takeover attempt is made, the tender can be subject to the potential buyer being able to acquire a specific number of shares, such as those needed to form a majority stake in the business.
Hence, extending the tender and offer a 3.5x multiple to all investors (all holders' best price) is the option available to the company.
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The lower-of-cost-or-market method can be applied to:_______
a. each major class or category of inventory.
b. total inventory as a whole.
c. each item in the inventory.
d. all of these choices are correct.
All of these choices are correct. The lower of cost or market method(LCM) is predicated on the assumption that when stockholders assess a company's inventory, it will be valued at either the market value or the historical cost, and that asset will be recorded accordingly on the balance sheet.
The cost of inventory at the time it was initially purchased is referred to as its historical cost. lower of cost or market method can be used to record the loss if the price at which the inventory may be sold dips below the net realizable value of the item, resulting in a loss.
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A systems breach occurs at a financial organization. The system in question contains highly valuable data. When performing data acquisition for an investigation, which component does an engineer acquire first?
When performing data acquisition for an investigation, the component does an engineer acquire first is: "Disk controller cache"
Data Acquisition is synonymous with data collection; it is defined as the process of gathering, filtering, and cleaning data prior to storing it in a data warehouse or other storage solution.
Hence the Disk controller cache will be looked at first because it will contain details and logs of all events that have occurred in that system.
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A limitation of bond ratings is that they ____
A limitation of bond ratings is that they focus exclusively on default risk.
When investing, the bond rating represents the creditworthiness of a corporate or government bond. It's not the same as a person's creditworthiness. Ratings are published by rating agencies and used by investment professionals to assess the likelihood of debt repayment.
Bond Rating is a character-based credit rating system used to assess bond quality and creditworthiness. Investment grade bonds are rated by Standard & Poor's from AAA to BBB- and by Moody's from Aaa to Baa3. Junk bonds have a lower rating.
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What steps can you use to protect a form so users can only enter information in the fields without changing other
information?
1. Click the
2. Click
3. In the Re Review
in the doc
4. On the EView
5. Click Yes
Insert
Developer
tab on the ribbon.
pane, under Editing restrictions, add a check mark next to Allow only this type of editing
ons drop-down menu, click
ing Protection, and create a
Steps to protect a form so users can only enter information without changing other information are,
1. Click the Developer tab on the ribbon
2. Click Restrict Editing.
3. In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.
4. On the Editing restrictions drop-down menu, click Filing in Form.
5. Click Yes, Start Enforcing Protection, and create a template Password.
What steps can use to protect a form so users can only enter information without changing other information?1. Click the Developer tab on the ribbon
2. Click Restrict Editing.
3. In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.
4. On the Editing restrictions drop-down menu, click Filing in Form.
5. Click Yes, Start Enforcing Protection, and create a template Password.
The Developer tab exists as a feature comprised in Microsoft Excel, and it is usually hidden by default. The tab permits users to form VBA applications, design forms, complete macros, import and export XML data, etc.Restrict Editing locks specific sequences or sentences in the document, which could be important or susceptible, and thus, cannot be edited by anyone.In the Restrict Editing pane, In the Restrict Editing pane, uncheck Limit arrangement to a preference of styles and Permit only this type of editing in the document. Limit arrangement to a preference of styles and Permit only this type of editing in the document.To learn more about Steps to protect a information refer to:
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Answer:
Click the
✔ Developer
tab on the ribbon.
Click
✔ Restrict Editing
.
In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.
On the Editing restrictions drop-down menu, click
✔ Filling in Form
.
Click Yes, Start Enforcing Protection, and create a
✔ password
.
Explanation:
Common stock's par value is ______. Multiple choice question. the same as the common stock's market price the common stock's average price an insignificant amount specified in the corporate charter the same as a bond's par value
Common stock's par value is an insignificant amount specified in the corporate charter.
What is common stock?
Common stockholders are the owners of the rights to participate in the election of the board of directors, vote on significant corporate policies, and claim a portion of the company's profits.
Meaning of par value:
The value the company assigns the stock in its articles of incorporation is arbitrary and has no bearing on the stock's market price. The par value of a common stock has no significance to investors. Stock sales in excess of par value are noted on the balance sheet of the company.
Meaning of corporate charter:
The founding members of a corporation must submit a legal document to the secretary or registrar of the state where they intend to conduct business, which is known as a corporate charter or articles of incorporation. Only after the charter is approved does the company formally become a corporate entity.
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When a person owes more on an item (like a car or house) than it is worth, the person is said to be _________ on the loan. secured upside down
When a person owes more on an item (like a car or house) than it is worth, the person is said to be upside down on the loan.
Describe an upside-down loan.You have an upside-down auto loan if you owe more money than the car is truly worth. You may need to make additional payments or modify your insurance coverage in order to prevent being upside-down on your loan or, at the very least, to shorten the amount of time you are in this perilous financial situation.
When you owe more on a car loan than the vehicle is worth, the loan is considered upside-down. If your car is worth $12,000 but your loan total is $15,000, for instance, your loan would be in the negative. You have $3,000 in negative equity in this situation.
It's not always a problem to have an outstanding auto loan. If you don't intend to sell your car, you can make loan payments until the balance is paid off. It won't affect the way you communicate with your lender.
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__________ is the requirement that every employee be able to perform the work of another employee
Job Task rotation is the requirement that every employee be able to perform the work of another employee. Task rotation can bring about reduction and the repetition of the difficulty a job task may have on an employee. Read below about employee.
Who is an employee?An employee is a person who has agreed to be employed to work for some form of payment under a contract of employment. Your employment status will help define what rights and responsibilities you have at work.
Therefore, the correct answer is as given above.
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The proposition that increases in the government budget deficit has no effect on aggregate demand is called the
The proposition that increases in the government budget deficit has no effect on aggregate demand is called the Ricardian Equivalence Theorem.
What is Ricardian Equivalence Theorem?According to the economic principle known as Ricardian equivalence, paying government expenditures with current taxes or future taxes (as well as current deficits) will have similar impacts on the overall state of the economy. Therefore, increased government expenditure that is financed by debt will not be able to stimulate the economy since investors and consumers are aware that the loan would eventually need to be repaid through future taxes.The hypothesis contends that consumers will save because they anticipate paying higher taxes in the future to reduce the debt, which will counteract the rise in aggregate demand brought on by higher government spending.
Therefore, The proposition that increases in the government budget deficit has no effect on aggregate demand is called the Ricardian Equivalence Theorem.
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Price elasticity of illegal versus legal cannabis: a behavioral economic substitutability analysis free
"Price elasticity of illegal versus legal cannabis: a behavioral economic substitutability analysis free"
This study used behavioral economics to investigate the substitutability of legal and illegal cannabis in legalized catchment areas in the United States.
The federal government classifies cannabis as a Schedule I controlled substance. This means that it is a federal crime to possess and use cannabis in any form, even for medical purposes. It is also illegal to grow and sell them. The Controlled Substances Act (CSA) identifies marijuana (“marijuana” in the Act) as a Schedule I drug. is defined as a cannabis plant containing Greater than 0.3% on a dry weight basis.
Legalization means that a drug, once banned, is legalized under federal or state law. Decriminalization means that once-banned drugs remain banned by law, but the legal system does not allow individuals to be prosecuted or criminalized if they drop below a certain amount. there is no.
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Current ad valorem property taxes owed by the seller that have NOT yet been billed at the time of closing are an example of A) nonrecoverable items. B) prepaid items. C) exempt items. D) accrued items.
Current ad valorem property taxes owed by the seller that have NOT yet been billed at the time of closing are an example of (D) accrued items.
The portion of the budgeted expenses of a taxing body that must be funded by real property taxes. Taxing entities occasionally use an equalization technique as part of the assessment process to reduce significant differences in assessed values within a district.The taxation authorities in Texas will only accept payment from one entity when it comes time to pay the property taxes at the end of the fiscal year. The property taxes will therefore be prorated at closing when you sell or buy a home so that each party pays their fair share of the year's taxes.How does property tax work in Texas?
Texas levies property taxes as a percentage of each home's appraised value. So, for example, if your total tax rate is 1.5%, and your home value is $100,000, you will owe $1,500 in annual property taxes.Learn more about ad valorem property taxes brainly.com/question/13226646
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Pretend that you are a small business owner in the city of New London. Using the text you just read as well as your knowledge of property rights and market-based economies, compose a two-paragraph letter to the editor that expresses your opinion about whether eminent domain was justly applied in the Kelo case. Be sure to include:
The Kelo case proved to be a revelation for many New Londoners about their property rights.
How to illustrate the information?Dera editor,
Small business owners have to be careful to avoid falling under the radar of government development projects.
Until now, I was under the impression that eminent domain gave the government the right to take private property as long as it was for public use.
My assumption included that public use defined anything that the public could literally use. Apparently, the court went with a broader interpretation of public use under which “a taking is constitutional if it serves a public purpose” (Kelo v. City of New London).
This interpretation means public use includes anything that is deemed fit for public purpose, even though I or most citizens may not be able to directly use it.
This raises the concern of what all could fall under public use. I trust that the government won’t go on seizing private properties for its unrestrained use. However, the Kelo case still proves to be a matter of concern for me.
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Answer: The plato answer is this: The Kelo case proved to be a revelation for many New Londoners about their property rights. Small business owners like me have to be especially careful to avoid falling under the radar of government development projects.
Until now, I was under the impression that eminent domain gave the government the right to take private property as long as it was for public use. My assumption included that public use defined anything that the public could literally use. Apparently, the court went with a broader interpretation of public use under which “a taking is constitutional if it serves a public purpose” (Kelo v. City of New London).
This interpretation means public use includes anything that is deemed as fit for public purpose, even though I or most citizens may not be able to directly use it. This raises the concern of what all could fall under public use. I trust that the government won’t go on seizing private properties for its unrestrained use. However, the Kelo case still proves to be a matter of concern for me.
Although the Fifth Amendment of the US Constitution provides a certain safeguard, the wider interpretation of public use makes it easier for businesses like mine to lose ownership of their property to the government.
Explanation: Here go my answer it's like the one at the top but you will get it right:
The Kelo case demonstrated to be a disclosure for numerous Unused Londoners around their property rights. Little trade proprietors like me need to be particularly cautious to dodge falling beneath the radar of government improvement projects. Until presently, I was under the impression that famous space gave the government the correct to require private property as long because it was for open utilize. My presumption included that open utilize characterized anything that the open may truly utilize. Clearly, the court went with a broader elucidation of open utilize beneath which “a taking is protected on the off chance that it serves an open purpose” (Kelo v. City of Modern London). This translation implies open utilize incorporates anything that's regarded as fit for open reason, indeed in spite of the fact that I or most citizens may not be able to straightforwardly utilize it. This raises the concern of what all might drop beneath open utilize. I believe that the government won’t go on seizing private properties for it's over the top utilize. In any case, the Kelo case still demonstrates to be a matter of concern for me. Although the Fifth Alteration of the US Structure gives a certain defend, the more extensive elucidation of open utilize makes it simpler for businesses like mine to lose proprietorship of their property to the government.
When comparing a retail business to a service business, the financial statement that changes the most is the a.statement of cash flows b.balance sheet c.income statement d.statement of owner's equity
When comparing a retail business to a service business, the financial statement that changes the most is the b.balance sheet.
The income declaration, stability sheet, and declaration of cash flows are required financial statements. These 3 statements are informative gear that buyers can use to analyze an employer's economic electricity and provide a brief photograph of an organization's economic health and underlying value.
Monetary statements are formal information on the economic activities and position of an enterprise, individual, or other entity. Applicable financial facts are presented in a structured way and in a shape that is simple to recognize.
Economic statements are written records that convey the commercial enterprise sports and the financial performance of an organization. Monetary statements are regularly audited by using authority groups, accountants, corporations, and so forth. to ensure accuracy and for tax, financing, or making investment purposes.
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A contract that requires a seller to deliver goods to the carrier is a a. shipment contract. b. C.I.F. contract. c. C.O.D. contract. d. destination contract.
Option d is the correct answer.
A contract that requires a seller to deliver goods to the carrier is a destination contract.
According to Article 2 of the Uniform Commercial Code, a determination contract is a method by which a buyer and a seller can agree to share the risk of loss if the goods are lost or damaged prior to receiving the goods from the seller. Neither Buyer nor Seller is Responsible for Losses.
Destination contracts transfer risk from the carrier to the seller upon the arrival of the goods at their destination. The Seller remains responsible until the goods reach the Buyer's destination. However, if something happens after shipment, all costs will be borne by the buyer.
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ssume that Spacey Company uses a periodic inventory system and has these account balances: Purchases $404,000, Purchase Returns and Allowances $13,000, Purchase Discounts $9,000, and Freight-In $16,000. Determine net purchases and cost of goods purchased.
Net purchases including Freight-in and cost of goods purchased were $3666,000.
calculation:-
Purchases $404,000
Purchase Returns and Allowances $13,000
Purchase Discounts of $9,000,
Freight-In $16,000.
Net purchases and cost of goods purchased = ( $404,000 - $13,000 -$9,000 - $16,000.)
Freight-in is the cost incurred to ship finished goods to a distributor or retailer. Freight-in is considered a selling expense and is expensed when incurred.
Freight-out is the cost of delivering finished goods to a customer. The cost of freight charges paid to ship goods sold to customers is called freight-out, and it is paid by the seller, not by the purchaser.
The shipping cost is to be paid by the buyer of merchandise purchased when the terms are FOB shipping point. Freight-in is considered to be part of the cost of the merchandise and should be included in inventory if the merchandise has not been sold. It is a direct expense and is thus debited to the trading account.
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The investment that toyota makes in uber is an investment in which part of toyota's value-chain activities?
a. Primary activities
b. Information systems
c. Support activities
The answer is the information system.
An information system is the formal, a sociotechnical, organizational structure meant to collect, process, store, and transmit information (IS).
When a corporation employs computers to do activities, tasks are completed in less time. They are also more accurate and less prone to human errors. Data can be processed and put into many data tables at the same time. Computers may also simply create reports and assertions. As a result, fewer individuals are required to complete the majority of the duties, which may result in job termination.
Therefore, the answer is information system.
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The pure food and drug act and the meat inspection act were passed in order to protect food manufacturers. protect businesses. protect consumers.
The pure food and drug act and the meat inspection act were passed in order to protect consumers. This is further explained below.
What are consumers?Generally, purchasing products and services for one's own use. It is when individuals generate things and services, goods and services, goods and services, that they become producers. They are consumers when they make use of the goods created when they utilize the goods produced when they make use of the goods produced.
In conclusion, We enacted laws to safeguard consumers, such as the Pure Food and Drug Act and the Meat Inspection Act.
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Answer:
protect consumers
Explanation:
assignment/introduction
According to fiedler’s contingency theory of leadership, leader behaviors are to change, and leaders perform best in intermediately favorable situations. True or false?.
According to fielder's contingency theory of leadership, leader behaviors are to change, and leaders perform best in intermediately favorable situations. False
What is fielder's contingency theory of leadership?According to Fiedler's Contingency Theory, a leader must adapt their style of leadership to the circumstances at hand in order to be successful. This model will help you discover your own leadership style, evaluate the scenario that calls for leadership, and decide if you are the best candidate.
What is the importance of Fiedler's contingency theory and path goal leadership?According to Fiedler's Contingency Theory, a leader's capacity to exert effective control over a circumstance is just as important as the style they employ. Strong leader-member relationships are essential for success. Additionally, task presentations must be made by leaders with goals and methods stated.
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If the cpi was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as:________
If the CPI was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as purchased in 1975. The tool used to gauge inflation is the consumer price index (CPI). It is used to calculate the typical difference in pricing of household goods between two specified periods.
It is an overall assessment of product pricing trends while maintaining quality. It appears in the Official Journal each month. Numerous private contracts, including those involving alimony, annuities, and the minimum salary, are linked using the price index . The index of "Households that belong to the lowest equivalized disposable amount quintile.
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Which of the following countries contributes the least amount of aid to foreign countries and multinational organizations based on a percentage of gross national income
The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.
How much aid does the U.S. contribute?The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.
The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.
Options for this question include:
A. United Kingdom
B. United States
C. Germany
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Monique's Unique Boutique sells clothing from around the world in the United States. Monique regularly travels overseas to find the best and most unusual shirts, dresses, and pants that foreign producers have to offer. Monique is a(n)
Monique is a(n) Importer.
What is an Import?
Any good or commodity brought into one country from another. Customs authorities must be involved in both the import and export countries.
Import trade means goods and services purchased in one country from another. Because products are frequently transported by ship to foreign countries, the term "import" derives from the word "port." Imports, like exports, are the backbone of international trade.
In this case, if the cost of a country's imports exceeds the value of its exports, the country has a negative balance of trade (BOT), also known as a trade deficit.
Objectives of Import Trade:
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Operations management is applicable:Group of answer choicesto all firms, whether manufacturing or service.to services exclusively.mostly to the service sector.to the manufacturing sector exclusively.
To the manufacturing and service sectors, the right response is C.
Operational teams are formed to do regular activities and standardized work necessary to support the day-to-day processes and functioning of the firm.
What is operations management?Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organizationIt is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.Operations management is used by many different kinds of businesses to handle daily operations effectively. Operations management is used by businesses in the manufacturing and service industries to offer clients high-quality goods and effective services.
Both industries deal with common management topics including quality control, capacity management, inventory and sourcing management, and customer service. These topics involve both strategic and operational management.
Hence, Operations management is applicable to the manufacturing and service sector.
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Correct Question - Operations management is applicable:
A. mostly to the service sector
B. mostly to the manufacturing sector
C. to manufacturing and service sectors
D. to services exclusively
Occasionally a broker is compensated based on a predetermined sale price, and the broker retains any amount of the actual sale price above that amount. this is known as a:_______
Occasionally a broker is compensated based on a predetermined sale price, and the broker retains any amount of the actual sale price above that amount. this is known as a listing.
A broker is a person or organization that arranges deals between a buyer and a seller in return for a commission once the transaction is closed. Brokers who act as buyers' and sellers' agents are considered primary participants in the transaction.
A listing agreement gives the agent the right to represent you and your house to prospective buyers. It states that this individual alone is authorized to supervise the property's listing and sale management as a real estate agent. The signing of this contract marks the official beginning of the home selling procedure. Listing improves shareholders' capacity to realize the value of their shares by promoting liquidity. It makes it possible for shareholders to exchange their shares of the company, sharing the risks and profiting from any increase in organizational value.
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Improvement of performance as a result of repeated exposure to a task is referred to as a ________ effect. reactive non-reactive practice fatigue
The answer is Practice effect.
The performance shift brought on by repeated testing is known as the practice effect.
In other words, if a youngster is given a test too soon, the practice effect may provide an improvement in performance (remembering the test items).
Knowing the practice effect is crucial because it will help us determine whether someone's performance has genuinely improved or if the retesting was conducted too soon and caused the improvement.
To ensure test-retest reliability, major testing providers like Pearson and Pro-ed recommend a 2-week gap between developing test administrations.
Hence, improvement of performance as a result of repeated exposure to a task is referred to as a practice effect.
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The stock market is based on companies offering investors the opportunity to make money by _________________.
The stock market is based on companies offering investors the opportunity to make money by purchasing and trading stocks.
Buyers and sellers of securities can connect, communicate, and conduct business on the stock market. In addition to serving as a gauge for the general economy, the markets enable price discovery for corporate share prices. As players in the open market compete for business, buyers and sellers may be guaranteed that they will receive a fair price, a high level of liquidity, and transparency.
The environment on a stock exchange is regulated and controlled. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority are the main regulatory bodies in the United States. Physical share certificates on paper were used in the earliest stock markets' issuance and trading. Today's stock exchanges run entirely online.
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12. 15. How can a forward contract on a stock with a particular delivery price and delivery date be created from options?
When both options have a strike price and an exercise date, a forward contract is formed by purchasing a European call and selling a European put.
A forward contract is a customizable derivative contract between two parties to purchase or sell an asset on a future date at a defined price.
Forward contracts may be customized to include a particular commodity, quantity, and delivery date. Forward contracts are considered over-the-counter (OTC) products since they are not traded on a controlled exchange.
Forward contracts, for example, can enable agricultural producers and users hedge against changes in the price of an underlying asset or commodity. A European call option grants the holder the right to purchase the underlying securities at the expiration date. A European put option entitles the holder to sell the underlying securities at the expiration date.
As a result, the answer is that a forward contract is constructed by acquiring a European call and selling a European put when both options have a strike price and an exercise date.
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The fee to be paid to a buyer's broker by a buyer-client is determined by agreement between:____.
The fee to be paid to a buyer's broker by a buyer-client is determined by the agreement between the buyer's broker and the buyer
A broker is an individual or company that acts as an intermediary between investors and a stock exchange. Brokers can also refer to the firm's role when acting as the client's agent and charging the client a fee for their services.
The definition of a broker is someone who buys and sells things on behalf of others. Someone you hire to buy stocks for you on the stock market is an example of a broker. They are intermediaries between two parties. In stock market jargon, a broker is a person or company that executes buy and sell orders for investors at a fee or commission.
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Pete owns a farm that sells wheat in a purely competitive market. the firm’s demand curve is a ________.
Pete owns a farm that sells wheat in a purely competitive market. the firm’s demand curve is a horizontal line.
The demand curve, in economics, is a graphic illustration of the relationship between product rate and the quantity of the product demanded. it's far drawn with fee at the vertical axis of the graph and amount demanded on the horizontal axis.
In economics, a call for curve is a graph depicting the connection between the price of a certain commodity and the amount of that commodity this is demanded at that charge. call for curves may be used either for the price-amount dating for an character customer, or for all consumers in a specific market.
As described above, the general shape of a call for curve is that it is downward sloping. The call for curve for maximum, if now not all, goods conform to this principle. There may be rare examples of goods that have an upward-sloping call for curves. A great whose demand curve has an upward slope is referred to as a Giffen top.
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A key benefit for organizational controls includes moving decision making to those closest to customers and areas of uncertainty. this is known as?
A key benefit for organizational controls includes moving decision making to those closest to customers and areas of uncertainty. this is known as decentralized decision making.
What is decentralized decision making?Decentralized decision making is a type of decision making that involves an organization, leaders to be more responsive.
They get feed backs almost immediate and people get to ask questions.
It involves meeting customers or the closest possible individual to target customer.
Therefore,
A key benefit for organizational controls includes moving decision making to those closest to customers and areas of uncertainty. This is known as Decentralized decision
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What step in developing new products involves determining whether the product idea is compatible with company objectives, needs, and resources on a general level
The step in new product development that involves determining whether the product idea is compatible with the company's goals, needs, and resources at an overall level is called screening.
What is screening in product development?It corresponds to a stage where the focus is on the organization and structuring of ideas about the launch of a new product, understanding better about the characteristics and benefits of the product that will be better aligned with the needs and desires of potential consumers.
Screening is an essential process, being the first stage of product development, where there is a brainstorming of ideas to define the product, increasing the possibility of it being well accepted by consumers and generating profitability for the company.
Therefore, the screening process is essential in order to define the essential criteria for the launch of the product, such as its characteristics and those of the market, in order to increase knowledge, innovation and the value of the product for consumers.
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