3. (Silver contract) At the beginning of April one year, the silver forward prices (in cents per troy ounce) were as follows:
Apr, July, Sept, Dec 406.50, 416.64, 423.48, 433.84
(Assume that contracts settle at the end of the given month.) The carrying cost of silver is about 20 cents per ounce per year, paid at the beginning of each month Estimate the interest rate at that time
Answers
The estimated interest rate at that time is; 0% for April, 2.49% for July, 4.17% for September, and 6.72% for December.
To estimate the interest rate at that time, we can use the concept of cost of carry. The cost of carry represents the cost associated with holding an asset, in this case, silver, over a certain period.
The carrying cost of silver is stated as 20 cents per ounce per year. Since the contracts settle at the end of the given month, we can consider this cost as the interest rate for each month.
Using the forward prices provided;
Apr: 406.50 cents per ounce
July: 416.64 cents per ounce
Sept: 423.48 cents per ounce
Dec: 433.84 cents per ounce
Let's calculate the interest rate for each period;
Interest rate for April = (Forward Price for April - Spot Price) / Spot Price
Interest rate for April = (406.50 - 406.50) / 406.50 = 0
Interest rate for July = (Forward Price for July - Spot Price) / Spot Price
Interest rate for July = (416.64 - 406.50) / 406.50 ≈ 0.0249 or 2.49%
Interest rate for September = (Forward Price for September - Spot Price) / Spot Price
Interest rate for September = (423.48 - 406.50) / 406.50 ≈ 0.0417 or 4.17%
Interest rate for December = (Forward Price for December - Spot Price) / Spot Price
Interest rate for December = (433.84 - 406.50) / 406.50 ≈ 0.0672 or 6.72%
Based on the calculation, the estimated interest rate at that time is;
0% for April
2.49% for July
4.17% for September
6.72% for December
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Related Questions
marketing started with companies selling whatever they produced without considering customer needs. this was called the ______ era of marketing.
Answers
The production era of marketing is the ear where companies sells whatever they produced without considering customer needs.
Basically, the 5 eras of marketing includes the production era, product era, selling era, marketing era and social marketing era.
The production era of marketing is one which started in the 1860s to 1920s during the Industrial Revolution.
During this era, companies produce goods in mass and at a low cost with the mindset that “if they produced, someone will buy, then make profit".
Therefore, the answer is production era of marketing because the marketing era is when companies sells whatever they produced without considering customer needs.
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You approach your boss with a complaint about the women's restroom only having two toilets while the men's restroom has two bathrooms and four urinals. Your boss says, "Obviously, there are some things you don't understand. We have more important issues around here than the number of toilets in the women's bathroom. He is practicing what type of invalidating communication?
A) Arrogance
B) Problem-oriented
C) Intolerance
D) Rigidity
E) Egalitarian
Answers
The boss's response reflects C) Intolerance, as it invalidates the employee's complaint about the unequal restroom facilities and dismisses the concern as unimportant compared to other issues.
By dismissing the complaint about the unequal number of toilets in the women's restroom and implying that there are more important issues, the boss is showing intolerance towards the concern raised by the employee. This response diminishes the validity of the complaint and implies that the issue is not worth addressing. It fails to acknowledge the importance of equal facilities for both men and women, which is a matter of fairness and inclusivity in the workplace.
The boss's response does not exhibit arrogance (A) because there is no display of superiority or condescension. It is also not problem-oriented (B) as the boss dismisses the problem raised. Rigidity (D) would involve inflexibility or an unwillingness to consider alternative perspectives, which is not explicitly demonstrated here. Egalitarian (E) implies fairness and equality, which the boss's response does not promote.
Therefore, the boss's response reflects intolerance, as it invalidates the employee's complaint about the unequal restroom facilities.
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WHAT DO YOU MEAN BY MARKET DEVELOPMENT ? EXPLAIN.
Answers
Answer:
market development is a strategic step taken by a company to develop the existing market rather than looking for new market .The company looks for a new buyers to pitch the product to a different segment of consumers in an effort to increase sales.
Which of the following is not a component of good customer service?
Attendance at store trainings
A positive attitude
Asking closed-ended questions to get a definitive yes or no answer
Acknowledge the customer quickly
Answers
Answer:
Attendance at store trainings
Explanation:
Customer service is providing prompt, useful, and professional support to existing and potential customers. Good customer service results in happy, satisfied, and loyal customers. Customer service is done through face to face interactions, telephone calls, and through online channels.
Employees or anyone interacting with customers must display a positive attitude, ask closed-ended questions, and acknowledge the customers quickly. These traits will make the customer feel welcomed and appreciated. Attendance at stores trainings is good for sales but does not add much value to the quality of customer service.
The we love books publishing company is this a publishing company, if so then how do I get to there web site
Answers
Answer:
www.welovebooks.net
Explanation:
You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.
how can companies ensure that they have data privacy when using public clouds?
Answers
To ensure data privacy when using public clouds, companies can implement various measures such as using encryption, implementing access controls, using multi-factor authentication, regularly monitoring, Vendor Selection, and ensure compliance with relevant regulations.
Companies can take several steps to ensure data privacy when using public clouds:
Encryption: Encrypting data before sending it to the public cloud can ensure that the data is unreadable to anyone who does not have the encryption key. Access Control: Implementing strict access control policies can ensure that only authorized personnel can access sensitive data.Compliance: Companies can ensure compliance with relevant privacy laws and regulations such as GDPR, CCPA, etc.Multi-factor authentication: Implementing multi-factor authentication can provide an additional layer of security and reduce the risk of unauthorized access. Regular Monitoring: Regularly monitoring cloud environments can help detect and respond to any security breaches or suspicious activity.Vendor Selection: Choosing a reputable public cloud provider that has a strong track record in data privacy and security can help ensure that the company's data is safe and secure.Additionally, companies can conduct regular security audits and penetration testing to identify any vulnerabilities in their cloud environment and take appropriate measures to address them. Overall, companies need to be vigilant in their approach to data privacy and security when using public clouds, and should take proactive steps to protect their data.
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Suppose that in an hour Chip can gather 8 pounds of fruit or 4 pounds of nuts. In an hour, Monk can gather 9 pounds of fruit or 3 pounds of nuts.Who should specialize in gathering nuts? Monk or Chip? both? or neither?
Answers
Answer:
Monk should specialize in gathering nuts.
Explanation:
Comparing their productivity in nuts gathering, Monk can gather 3 pounds of nuts in an hour, while Chip can gather 4 pounds of nuts in the same time. Therefore, Monk has a higher productivity in nuts gathering and would be more efficient in specializing in that task.
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Monk should specialize in gathering nuts.
Comparing their productivity in nuts gathering, Monk can gather 3 pounds of nuts in an hour, while Chip can gather 4 pounds of nuts in the same time. Therefore, Monk has a higher productivity in nuts gathering and would be more efficient in specializing in that task.
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Based on your car budget ($561.11), what is the most expensive car you can afford to buy or lease?
Prima
Diabalo
Yummer
Posh
Stallion
DMW
Coarser
Answers
Answer:
Coarser
Explanation:
Based on the car budget of $561.11, the most expensive car that can be afforded to buy or lease is Coarser.
What is a budget?A budget is a calculating plan, typically financial but not always, for a specific time frame, mostly for one year or one month. Predicted sales and revenue amounts, resource quantities (such as time, costs, and expenses), environmental impacts (such as greenhouse gas emissions), other impacts, assets, liabilities, and cash flows are all possible inclusions in a budget.
In a budget, intended expenses are expressed together with suggestions for how to fund them. A budget can show a surplus of resources for later use or a deficit if expenses are greater than income or other resources.
Therefore, with a budget constraint of $561.11, the most expensive car will be Coarser.
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1. How much does Kal Penn recommend you save?
Answers
Answer:
20% of your savings.
Explanation:
Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Answers
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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what is the best free editing app for gamers?
Answers
The pounds,p, of flour you buy and the number of bread loaves,b, you want to make
Answers
The relationship between the pounds of flour (p) you buy and the number of bread loaves (b) you want to make is dependent on the recipe and the amount of flour required per loaf. The specific ratio or equation would vary based on the recipe and the desired size of the loaves.
Typically, a bread recipe specifies the amount of flour needed per loaf, and you can calculate the total amount of flour required by multiplying that amount by the number of loaves you want to make. For example, if each loaf requires 1 pound of flour and you want to make 10 loaves, you would need 10 pounds of flour.
The relationship between pounds of flour and the number of bread loaves is determined by the recipe and can be adjusted based on the desired quantity of bread you want to produce.
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what is networking why is useful when looking for a job
Answers
Answer:
Career networking involves using personal, professional, academic or familial contacts to assist with a job search, achieve career goals, learn more about your field, or another field you'd like to work in. Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Explanation:
Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
1. Who makes trade-offs?
Answers
Answer:
individual, government and businesses makes trade-offs.
Explanation:
this question is in economic chapter 1 session 2 right ?
ummm.......please mark me brainlist
Social network marketing is thought of as being earned and is not a strategy for which a company has to pay. True or False.
Answers
Answer:
true
Explanation:
Answer:
True
Explanation:
I just got it right.
What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answers
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
A good communicator will focus on speaking and ______.
Answers
Which of the following can an interviewer legally ask you about at a job interview?
A.
Your marital status
B.
Whether or not you have medical conditions
C.
Whether or not you’ve been convicted of a crime
D.
Your age
Answers
projects needed by the south African citizens
Answers
There are several projects that are needed by South African citizens to address various socio-economic challenges and improve the overall quality of life.
Infrastructure Development: Projects focused on improving and expanding infrastructure, such as roads, public transportation, electricity, water supply, and sanitation, are essential for promoting economic growth, connectivity, and access to basic services.
Education and Skills Development: Projects that prioritize education and skills development are crucial to empower South African citizens and enhance their employability. This includes initiatives for improving school facilities, teacher training, vocational training programs, and promoting digital literacy.
Job Creation and Entrepreneurship: Projects aimed at stimulating job creation and supporting entrepreneurship can contribute to reducing unemployment rates and fostering economic growth. This can involve providing funding, resources, and training for aspiring entrepreneurs, as well as promoting small and medium-sized enterprises.
Healthcare and Access to Basic Services: Projects that focus on healthcare infrastructure, improving access to quality healthcare services, and addressing health disparities are crucial. Additionally, initiatives to ensure access to basic services such as clean water, affordable housing, and sanitation are essential for enhancing living conditions.
Environmental Sustainability: Projects centered around environmental conservation, renewable energy, and sustainable practices are important for addressing climate change, protecting natural resources, and promoting a greener future.
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Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.
Answers
Answer:
Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
While assigning resources to an activity, a work center is used to carry out which of the following tasks? (3 correct answers)
A. Produce work output
B. Perform scheduling
C. Enter services performed
D. Perform capacity planning
Answers
A work center is used to produce work output while assigning resources to an activity.
When resources are assigned to an activity, a work center is responsible for producing work output. This involves using the available resources, such as personnel and equipment, to perform the necessary tasks to complete the activity. The work center may also be responsible for determining the most efficient way to produce the work output, including making decisions about scheduling and capacity planning. However, scheduling and capacity planning are not tasks that a work center must perform while assigning resources to an activity. Therefore, options B and D are not correct answers. Additionally, entering services performed is not a task that is typically associated with a work center, so option C is also not a correct answer.
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can someone recommend me some research topics for economics.would really appreciate if it is in a list
Answers
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
Let’s say that you are saving up for retirement and decide to deposit $3,000 each year for the next 20 years into an account which pays a rate of interest of 8% per year. By how much will your accumulated nest egg vary if you make each of the 20 deposits at the beginning of the year, starting right away, rather than at the end of each of the next 20 years?
Answers
If you make each of the 20 deposits of $3,000 at the beginning of the year, instead of at the end of each year, your accumulated nest egg will vary by approximately $17,243.97.
When you make the deposits at the beginning of the year, the money has a longer time to compound and earn interest. By depositing the money right away, you give it an additional year to grow compared to making the deposits at the end of each year. This leads to a higher accumulated amount at the end of 20 years. To calculate the variation in the accumulated nest egg, you can use the future value of an ordinary annuity formula. The future value (FV) can be calculated using the formula: FV = P * [(1 + r)^n - 1] / r
Where:
P = Annual deposit amount = $3,000
r = Interest rate per year = 8% = 0.08
n = Number of years = 20
By plugging in the values into the formula, you get:
FV = $3,000 * [(1 + 0.08)^20 - 1] / 0.08
= $3,000 * [(1.08^20) - 1] / 0.08
= $3,000 * [4.660964047 - 1] / 0.08
≈ $17,243.97
Therefore, the accumulated nest egg will vary by approximately $17,243.97 if you make each of the 20 deposits at the beginning of the year, starting right away, instead of at the end of each year.
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Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.
Answers
Answer:
i’m pretty sure it’s mentoring
Explanation:
plato
Answer:
Shadowing answer on plato
Explanation:
Planning, budgeting, obtaining funds, managing receivables, payables, and inventory, and managing taxes are all part of a(n) ________ job.
Answers
Planning, budgeting, obtaining funds, managing receivables, payables, and inventory, and managing taxes are all part of a(n) financial manager job.
Who is a financial manager?A financial manager can be defined as the person whose sole responsibility is to manage the finance of a company or an organization.
Every company needs a financial manager as they help to plan and manage the resource of the company as well as the revenue of the company.
Inconclusion Planning, budgeting, obtaining funds, managing receivables, payables, and inventory, and managing taxes are all part of a(n) financial manager job.
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Future value interest factor of $1 per period at i% for n periods, FVIF(i,n). Complete the following using compound future value. (Use the Table 12.1 provided.) Note: Round your answers to the nearest cent.
Answers
The future value interest factor of $1 per period at i% for n periods, FVIF(i,n), can be calculated using compound future value.
Compound future value is a financial concept that determines the value of an investment or cash flow at a future date based on compounding interest. The formula to calculate the future value interest factor (FVIF) is FVIF(i,n) = (1 + i)^n, where "i" represents the interest rate per period and "n" represents the number of periods.
Let's break down the formula further. The term "(1 + i)" represents the growth factor, which is the sum of 1 and the interest rate per period. The exponent "n" denotes the number of compounding periods. By raising the growth factor to the power of "n," we account for the compounding effect and calculate the future value of the investment.
For example, let's say we have an interest rate of 5% per period (i = 0.05) and we want to calculate the future value interest factor for 10 periods (n = 10). Using the formula, FVIF(0.05, 10) = (1 + 0.05)^10 = 1.62889. This means that $1 invested at a 5% interest rate for 10 periods will grow to approximately $1.63.
Compound future value is a crucial concept in finance as it allows investors to assess the growth potential of their investments over time. By using FVIF tables or formulas, individuals can make informed decisions regarding savings, investments, and other financial planning strategies.
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Felicity earns $39.990 per year in take-home pay. What is the most money a
housing expert would advise her to spend on a monthly mortgage payment?
A. $987.24
B. $3990.00
C. $833.13
D. $666.50
Answers
Answer:
C. $833.13
Explanation:
Home experts advocate for the 28/36 rule. As per this rule, total household expenditure on debts, including mortgages, should not exceed 36 % of monthly gross income. Monthly spending on mortgages should not exceed 28% of monthly income.
Felicity annual income = $39,990
Monthly income = $39,990/12
monthly income =$3,332.50
The maximum amount to be spent on mortgages
= 28% of $3,332.50
=28/100 x 3,332.50
=$933.1
Felicity should not spend more than $933.1 on the mortgage alone
From the options provided, $833.13 should be the recommended amount
A travel agent needs to communicate with all
of the following EXCEPT which one when
planning out a trip for a client?
A. the client themself
B. the hotel registration
C. the flight attendant
D. the rental-car agency
Answers
Answer:
The flight attendant.
Explanation:
Name three primary objectives for human resource departments on social media.
Answers
Answer:
Three common objectives for HR social media are strong internal social media platforms supporting the corporate culture, building internal social media channels and personas representing employees, and establishing a strong brand name on the main social media platforms supporting the business strategy.
Explanation:
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