A bank has $390 million in assets and $330 million in liabilities. The bank's net worth is _____________ million and its leverage ratio is __________________
A) $360; 1.08 to 1
B) $60; 0.15 to 1
C) $40; 3.75 to 1
D) $60; 6.5 to 1
D
Economics
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Refer to the figure above. The deadweight cost of the tariff equals
A) $10,000. B) $25,000. C) $50,000. D) cannot be calculated without further information.
Economics
Ricky is thinking about borrowing $10,000 from Fred. He promises Fred cash flows of $5000 for the next three years. If Fred's cost of capital is 10%, what is the Net Present Value of the investment for Fred?
a. -$126.55 b. $1,342.76 c. $2,434.26 d. -$1,322.31
Economics