Finance Answers

EXPLAIN how the product pricing (fee) is determined and DISCUSS the importance of determining the correct fee

(a) Suppose the GDP per capita (income) has increased from $5000 to $10,000, whereas the demand for luxury apartments has increased from 1000 to 2000, whereas the demand for burgers has increased from 10,000 to 12,000. Calculate the income elasticity of demand for apartments and burgers

You have been hired as the Chief Strategist and Policy Analyst for a commercial bank in your jurisdiction. You are to assess the impact the global financial crisis of 2007/2009 had on the pace of the Basel 2/3 reform agenda in your jurisdiction. What are the implications of the current covid 19 on this agenda and what are five immediate steps that you will take to position your institution as a resilient bank for the future

Explain the causes of Balance of Payment disequilibrium in any country (10mks)

In your point of view discuss the contributions of the different financial and economic institution that facilitated the growth of the global economy in 3-4 paragraphs with 3-4 sentences per paragraph.

what is the meant of globalization ,and what does kt affect in different countries?

An individual consumes goods ₁ and 2. Let w be the wealth of individual and p₁> 0 and p2 > 0 be the prices of the goods. For each of the following utility functions provide a real life example of two goods ₁ and 22 that satisfy them, draw the indifference curves, determine whether preferences are convex, strictly convex or neither, and compute the Walrasian demand, indirect utility function, Hicksian demand and expenditure function:

a. U(x1, x₂) min{2x1, x2} =

b. U(1,2)= max{2x1,2}

c. U(x1, x2) = 2x₁ + x₂

d. U(x1, x2) = x²x₂

Explain the following terms are applied in management accounting:

i) cost

ii) cost object

iii) cost estimate

iv) cost analysis

Economy plays a vital role in controlling stock prices. If so how?

1.  A firm raises capital by selling $20,000 worth of debt with flotation costs equal to 2% of its par value. If the debt matures in 10 years and has a coupon interest rate of 8%, what is the bond's YTM?