You should enter 3 futures contracts to hedge your position.
To calculate the optimal hedge ratio, we can use the formula:
Hedge Ratio = Covariance(A, B) / Variance(B)
Given the coefficient of correlation (ρ) and the standard deviations (σ) of commodity A and futures contract B, we can find the covariance using the formula:
Covariance(A, B) = ρ * σ(A) * σ(B)
Let's calculate the optimal hedge ratio:
(a)
Covariance(A, B) = 0.69 * 0.42 * 0.84 = 0.24678
Variance(B) = (0.84)^2 = 0.7056
Hedge Ratio = Covariance(A, B) / Variance(B) = 0.24678 / 0.7056 ≈ 0.3498
Therefore, the optimal hedge ratio that will minimize your risk is approximately 0.3498.
(b)
If you have 12,000 units of commodity A to hedge and a futures contract B is for 2,000 units, you can calculate the number of contracts using the hedge ratio from part (a):
Number of contracts = (Hedge Ratio) * (Number of units of A) / (Number of units of B)
= 0.3498 * 12,000 / 2,000
= 2.0988
Since you cannot have fractional contracts, you would need to round up to the nearest whole number. Therefore, you should enter 3 futures contracts to hedge your position.
Note: It's important to consider other factors and consult with a financial advisor or expert before making any hedging decisions.
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The Finishing Department hod 6,500 incomplete units in its beginning Work-in-process inventory which were 100% complete as to materials and 40% complete as to conversion costs. 18.000 unts were received from the previous department. The ending Work-in-Process inventory consisted of 3.500 units which were 50% complete as to materials and 40% complete as to conversion costs. The Finishing Department uses first.in, first-out (FIFO process costing How many units were started and completed during the period? Multiple Choice a. 24,500 b. 14,500 c. 15,000 d. 21,000
The units that were completed during the period is 21,000.
So, the answer is D.
Given Data:
In beginning Work-in-process (WIP) inventory = 6,500 units
18,000 unts were received from the previous department
Ending WIP = 3,500 units
Conversion cost = 40%
Materials cost = 100%
Using FIFO (First in first out) process costing, we have to determine the number of units started and completed during the period
.Now, the total number of units in beginning WIP and received from the previous department is:
Units transferred in from the previous department + Units already in Finishing Department's WIP inventory = 18,000 + 6,500 = 24,500 units
Thus, a total of 24,500 units were started during the period.
The units that were completed during the period is given by:
Units started during the period - Units in ending WIP inventory= 24,500 - 3,500 = 21,000 Units
Therefore, the correct answer is d. 21,000 units.
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Curr Mimosa Ltd expects sales revenue of R20 000 and total current assets amounting to R5 000 for the coming year. The company also aims to achieve the following ratios: current ratio of 2,5:1; and acid test ratio of 2:1. Which one of the following alternatives represents a correct amount of inventory? Select one: O a. R6 000 O b. R3 000 O c. R1 000 O d. R4 000 Clear my choice Cirr 5000
The correct answer is c. R1 000.This represents the correct amount of inventory based on the desired financial ratios and given information..
Based on the given information, the company aims to achieve a current ratio of 2.5:1 and an acid test ratio of 2:1. The current ratio is calculated by dividing current assets by current liabilities, while the acid test ratio (also known as the quick ratio) is calculated by dividing quick assets (current assets minus inventory) by current liabilities.
To determine the correct amount of inventory, we need to work backward from the desired ratios. Since the current ratio is 2.5:1 and the company's total current assets are R5 000, we can calculate the maximum acceptable amount of current liabilities as R5 000 divided by 2.5, which equals R2 000.
Next, we calculate the quick assets by subtracting the unknown inventory amount from the total current assets. The acid test ratio is 2:1, so the quick assets should be twice the amount of current liabilities. Therefore, the quick assets amount to R4 000 (2 multiplied by R2 000).
Finally, we subtract the quick assets (R4 000) from the total current assets (R5 000) to find the inventory amount. The result is R1 000 (R5 000 minus R4 000), which represents the correct amount of inventory.
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Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?
Answer:
Her debt to income ratio is classified as favorable
Explanation:
The given information are;
Elysha's gross monthly income = $3,000
The amount she pays as debt each month = $500
Therefore, her debt to in to income ratio, DTI, is given as follows;
DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167
We multiply by 100 to express the result as a percentage, to get;
0.167 × 100 = 16.7%
Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.
Answer: Good—between 15 and 20 percent
Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.
lizzy owns a soup and salad cafe'. the terms of her last order for produce were 3/15 net 60. the total amount of the order is $1,500. how much will lizzy pay if she pays within two weeks?
The terms of the order, "3/15 net 60," indicate that Lizzy has a discount available if she pays within 15 days, and the full payment is due within 60 days.
To calculate how much Lizzy will pay if she pays within two weeks, we need to determine the discount amount. The discount is given as a fraction of the total amount, so we calculate it as follows:
Discount = 3/100 * $1,500 = $45
The discounted amount is $1,500 - $45 = $1,455.
Therefore, if Lizzy pays within two weeks, she will pay $1,455 for the order.
Lizzy will pay $1,455 if she pays within two weeks, taking advantage of the discount offered with the terms of "3/15 net 60" for her produce order.
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How can you get your money back if you send a p2p payment to the wrong person?.
When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.
What is P2P Payment?P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.
When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.
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15. Why is unemployment a closely watched figure by the government?
16. Briefly explain the connection between a person’s level of education and his or her potential for employability and earnings.
Economics
please help, easy multiple choice question
whoops meant to put it in art
Answer: The answer that is correct is the last one, which is shape.
I hope this helped!
Which of the following is true about the sales force of a company? Group of answer choices Salespeople represent customers to the company, championing customers' interests. The sales force plays a minor role in customer-company relationships. Salespeople rarely visit in person with customers. Salespeople do not have the authority to act on customers' objections. Salespeople rely on engineers and manufacturers to learn about customer needs.
The statement that is true about the sales force of a company is: "Salespeople represent customers to the company, championing customers' interests."
Salespeople play a crucial role in customer-company relationships by acting as a bridge between the two. They serve as the voice of the customers within the company, advocating for their interests and needs.
By interacting with customers directly, salespeople gather valuable feedback, identify customer preferences, and relay this information to the company. They play an active role in understanding customer requirements and ensuring that the company's products or services meet those needs.
Salespeople often meet customers in person to establish strong relationships and build trust. These face-to-face interactions provide an opportunity to address any concerns, answer questions, and provide personalized assistance.
Salespeople also have the authority to act on customers' objections. They are trained to handle objections, negotiate deals, and resolve any issues that may arise during the sales process. By addressing objections and concerns, salespeople aim to close deals and satisfy customers.
While salespeople may rely on engineers and manufacturers for technical knowledge and expertise, they are the primary point of contact for customers. They gather information about customer needs and preferences, and then work with the relevant teams within the company to meet those requirements.
In summary, the statement that accurately describes the sales force of a company is that "Salespeople represent customers to the company, championing customers' interests." They play a significant role in customer-company relationships, visiting customers in person, addressing objections, and gathering crucial information to ensure customer satisfaction.
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Which one of the four factors of copyright is MOST important?
Answer:
the purpose and character of the use i think
Explanation:
How important is money
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.
Harriet Kirby, a fund raising manager at a women's rights organization, experienced a bad incident last year with the public relations manager of a banking company who had committed to sponsor a charity event. The bank backed out at the last minute. This year, when a renowned international bank executive showed interest in sponsoring the organization's upcoming annual event, Kirby rejected their participation. She felt that banks have a casual approach toward charity events and it is risky to involve them in the event. Which of the following best characterizes Kirby's decision?
A) selective perception
B) cognitive dissonance
C) self-serving bias
D) bandwagon effect
E) self-fulfilling prophecy
Answer:
A
Explanation:
selective perception is a form of bias when new information is interpreted in a way that conforms to existing values and beliefs.
Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies, to
whom is the carrier liable?
O It is liable to Sarah's enterprise, her sole proprietorship.
O It is liable to the third party, the buyer.
O It is liable to Sarah, the principal
O Both the first and second answers only.
If a puppy dies, then the airline carrier is liable. The transportation provider is in charge of providing accommodations for the animals while on a trip.
The airline carrier is liable for the puppy's death. Since the airline carrier did not maintain the proper temperature in the cargo space, which they were supposed to do, they are the ones who are responsible for the death of the puppy.
Sarah, as the seller, is not liable as she fulfilled her responsibility by selling a healthy puppy. The buyer is also not liable for the puppy's death as they were not responsible for the transportation of the puppy. Therefore, the airline carrier is the party responsible for the puppy's death.
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Probably the full options are:
The airline carrier is liable.The buyer is liable.In order to satisfy the needs and wants that people have, businesses must combine factors of production. The factors of
production are: Capital, Enterprise, Land, Labour.
Case Study:Freshz Coffee
Freshz Coffee has just opened in Dubai. FreshZ will need factors of production.
Give examples of the factors of production it will need and how they will be used.
Answer:
by utilizing the goods by their proper uses
Suppose a firm has total revenue of $200 million, explicit costs of $190 million, and implicit costs of $20 million. This firm's accounting profit is
The firm's accounting profit is $10 million, but its economic profit is -$10 million due to the inclusion of implicit costs. This suggests the firm may need to make adjustments to improve financial performance.
The accounting profit of a firm is calculated by subtracting explicit costs from total revenue. In this case, the firm's total revenue is $200 million, and its explicit costs are $190 million. Therefore, the accounting profit is:
Accounting profit = Total revenue - Explicit costs
Accounting profit = $200 million - $190 million
Accounting profit = $10 million
However, this calculation only considers the explicit costs incurred by the firm. Implicit costs, such as the opportunity cost of the owner's time and resources, are not included in the accounting profit calculation.
In this case, the firm incurs implicit costs of $20 million, which reduces its economic profit. Economic profit is the difference between total revenue and both explicit and implicit costs.
Economic profit = Total revenue - Explicit costs - Implicit costs
Economic profit = $200 million - $190 million - $20 million
Economic profit = -$10 million
The negative economic profit indicates that the firm is not earning enough revenue to cover both its explicit and implicit costs. This suggests that the firm may need to adjust its pricing strategy, reduce its costs, or consider exiting the market to improve its financial performance.
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What are examples of Human Services careers? Select four options. Chief Executive Receptionist Hairstylist Funeral Director Child Care Worker Reporter Mental Health Counselor.
The examples of Human Services careers include options C, D,E and F hairstylist, funeral director, child care worker, and mental health counselor
What is Human Services Careers about?Human services is refers to as the jobs that mainly include those employees who overcome the issues of people along with counseling and rehabilitation.
The main purpose of these services is to increase the lives of people in need. They closely examine the problems including providing helpful strategies that might help to other people to modify their behaviors.
Therefore, correct options are C,D, E and F.
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Answer:
CDEG
Explanation:
Just did the test
Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? Write two to four sentences explaining what multimedia and interactivity you will use and why.
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.
Best Way to Write BlogTo write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.
The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.
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Give four items of information you would expect to find on a statement of account
Answer:
An overall balance. This might be positive (if the customer owes you money), negative (if you own them money), or at 0 (if all payments have been settled).
A date range. You might create an account statement that covers a specific month, year, or quarter – or you might want to show every single transaction between you and your customer. Either way, the dates should be clear.
Every transaction made within the specified date range, including sales (paid upfront or on credit), payments, and refunds. You should list the date and value of each transaction.
Document numbers to support each transaction. This might include the numbers from invoices, credit notes, or payment receipts.
Contact details for you and your customer – including company name, address, phone number, or email address.
A currency. This is particularly important if you have customers abroad. Even if you have transactions in multiple currencies, an account statement should only be in one.
I hope i helped! xoxo
in which of the following situations would engineering jobs be most likely treated as a special compensation group? group of answer choices mechanical engineers employed by a large city corporation computer engineers employed at a software firm biomolecular engineers employed at a farm equipment manufacturer acoustical engineers at a waste disposal company
Engineering jobs would be most likely treated as a special compensation group in a situation where acoustical engineers are employed at a waste disposal company.
This is because acoustical engineering is a highly specialized field, and waste disposal companies may require unique expertise to manage environmental noise pollution issues. In such a scenario, the company may offer special compensation packages to attract and retain talent in this particular engineering field.
A special compensation group refers to a group of employees within an organization who receive different compensation arrangements compared to the rest of the employees due to the specialized nature of their work or skillset. This compensation may come in the form of higher salaries, bonuses, or other benefits.
In the context of the given answer choices, the group of biomolecular engineers employed at a farm equipment manufacturer is most likely to be treated as a special compensation group.
This is because biomolecular engineering is a highly specialized field, and the company may require these engineers to have unique skills and knowledge to develop new products and processes that are relevant to the farm equipment industry.
In addition, due to the limited availability of professionals with this type of expertise, the company may need to offer competitive compensation packages to attract and retain these employees.
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regis and maggie just purchased their first home together. the seller offered them a counter offer to their first offer and they were happy with the terms. two months later their basement flooded and cost over $20,000 in repairs to replace all of their household goods and to rebuild the drywall, flooring and mechanical systems. they found out that there was a crack in the foundation that the original owners did not reveal. what type of unethical tactic took place during the purchase agreement?
Based on the given information, the unethical tactic that took place during the purchase agreement is nondisclosure.
What is an Unethical tactic?The use of manipulative methods with no sufficient benefit that balances the harm caused by dishonesty is considered unethical. Whenever they are unable to clearly understand how their actions are harming others, employees are more inclined to act unethically.
In the give this case it is explained that Maggie and Regis recently bought their first house together. In response to their initial offer, the seller made them a counteroffer.
When their basement flooded two months later, they discovered a foundation crack that the previous owners had concealed.
An action is said to be "nondisclosure" in which the owner knowingly hides some information or fails to reveal some important information to perform fraud.
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the customer's first impression of a hotel, whether positive or negative, will be associated with every other hotel within the chain.
The customer's first impression of a hotel, whether positive or negative, will be associated with every other hotel within the chain.
Why is the first impression of a hotel important?The customer's first impression of a hotel is very important.It is depended on various factors including the surroundings and premises of the workplace and also how the employees interact with the customers at the counter. This creates an effect on their first impressions.Courteous attitude from the employees are always expected from the customers and it can provide a positive impression in them.Ethical ways of approach and truthfulness are also counted.Cleanliness,attitude, grooming, tone of the voice are some other factors contributing to the first impressison.Unappealing appearance of the employee and staffs can create a hindrance in having a positive impression.Moreover whether the impression created is positive or negative, it will affect the entire hotels working within the chain.To learn more about hotel management, refer
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Dalrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $80,000. The budgeted number of nozzles to be inserted is 40,000. What is the budgeted indirect cost allocation rate for this activity?
A) $0.50
B) $1.00
C) $1.50
D) $2.0
The budgeted indirect cost allocation rate for this activity is $2.00 per nozzle ($80,000 ÷ 40,000). This means that for each spray nozzle produced, $2.00 of indirect costs will be allocated to the product.
The budgeted indirect cost allocation rate for inserting the spray nozzle activity can be calculated by dividing the budgeted indirect total cost of $80,000 by the budgeted number of nozzles to be inserted, which is 40,000.
Indirect costs are costs that cannot be directly traced to a specific product or service, but are necessary for the production process. In this case, the $80,000 budgeted indirect total cost includes costs such as equipment maintenance, utilities, and factory rent that are required for the production process of the spray nozzle.
Knowing the budgeted indirect cost allocation rate can help the company to determine the total cost of producing the spray nozzle and to set a price that will cover all costs, including indirect costs. It can also help the company to analyze the profitability of the spray nozzle and to identify areas where cost savings can be made by reducing indirect costs.
In conclusion, the budgeted indirect cost allocation rate for the spray nozzle activity is $2.00 per nozzle, which is calculated by dividing the budgeted indirect total cost by the budgeted number of nozzles to be inserted.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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In traditional economies, government controls all manufacturing.
Answer:
true
Explanation:
shows the amount of savings and borrowing in a market for loans to purchase homes, measured in millions of dollars, at various interest rates. What is the equilibrium interest rate and quantity in the capital financial market
Answer:
7% and 135
Explanation:
The computation of the equilibrium interest rate and the quantity is shown below:
As we can see in the attached figure that at the interest rate of 7% the Qd is equivalent to Qs i.e 140
And when it the interest rate is 8% the quantity of lending is 145 and the quantity of borrowing is 135 that decreased the quantity of lending by 140 to 135 so we considered the 135
PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
Two modules validatecustomerid and registercustomer are unit tested individually. What kind of testing should be done to check whether registercustomer is calling validatecustomerid and validatecustomerid is called properly by registercustomer?
Two modules validate customer id and register customer are unit tested individually. Integration testing should be done to check whether register customer is calling validate customer id and validate customer id is called properly by register customer
Integration testing entails determines whether or not distinct modules perform well together.
Integration testing is a sort of software testing which involves merging of two or more modules to assess the flow between them.
Integration testing also ensures that the interactions between different software components which run smoothly and without difficulty.
Integration testing is a sort of software testing in which the various units, modules, or components of a software application are all evaluated together.
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In two to three sentences, answer the following:
What information you can obtain from a stock quote?
Answer:
The information that we can get from stock quote is about bidding price, details of previous bidding, etc.
Explanation:
A stock quote can be defined as the last price of stock of exchange. It is the price on which the traders and the buyers consented in their last trade or exchange.
The details that a stock quote provides is the price of last bid, volume of trade, bid price, volume of trade. The buyers and traders can access this information either on their phones, newspapers, news media, online portals etc. The stock quote is shown in decimals.
Mark, a single taxpayer, receives $25,000 in social security benefits and has $90,000 of wages. How much of his social security benefits are taxable
Mark's taxable social security benefits will depend on his combined income. Combined income is calculated by adding half of his social security benefits ($12,500) to his wages ($90,000), resulting in a combined income of $102,500.
If Mark's combined income is between $25,000 and $34,000 (for a single taxpayer), up to 50% of his social security benefits will be taxable. In this case, his combined income is over $34,000, which means that up to 85% of his social security benefits will be taxable.
To calculate the taxable amount, we first determine 85% of Mark's social security benefits, which is $21,250. We then subtract the base amount of $34,000 from his combined income of $102,500, resulting in $68,500. Since $68,500 is more than $44,000 (the maximum amount subject to taxation for single taxpayers), we will use the full $21,250 as the taxable amount of Mark's social security benefits.
To determine how much of Mark's social security benefits are taxable, follow these steps:
1. Calculate provisional income: Add half of Mark's social security benefits ($25,000 / 2 = $12,500) to his other income ($90,000). So, provisional income = $12,500 + $90,000 = $102,500.
2. Determine taxable social security benefits: Since Mark is a single taxpayer, use these thresholds:
- No tax on benefits if provisional income is under $25,000
- 50% of benefits are taxable if provisional income is between $25,000 and $34,000
- 85% of benefits are taxable if provisional income is over $34,000
In Mark's case, his provisional income is $102,500, which is over $34,000. So, 85% of his social security benefits are taxable.
3. Calculate the taxable amount: Multiply the social security benefits ($25,000) by 85% (0.85) to get the taxable amount. So, $25,000 x 0.85 = $21,250.
Therefore, $21,250 of Mark's social security benefits are taxable.
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ERP is now about enterprise applications 20 Multiple Choice 8 003735 ntegration development deployment interfaces.
ERP is now about enterprise applications: integration, means the option B is correct.
Businesses utilize the enterprise resource planning (ERP) software to coordinate and manage the key elements of their operations. Many ERP software programs are essential to businesses because they assist in the implementation of resource planning by integrating all the operations required to manage their businesses into a single system. Planning, inventory purchases, sales, marketing, finance, and other activities can all be integrated into an ERP software system. The many business operations can be integrated via ERP software. Since ERP solutions have developed through time, many of them are now often web-based programs that users may access from anywhere. Free communication between business units, a single source of information, and precise, real-time data reporting are some advantages of ERP. There are numerous.
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The complete question is here:
ERP is now about enterprise applications:
A. networking
B. integration
C. interfaces
D. deployment
E. development
Hey, can I please get some help? Thank you!
2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.