Answer:
The IRR is 4.08%
Explanation:
In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.
The computation of IRR is shown below
IRR for the share purchase
Years Cash flow
0 -76.63
1 1.37
2 1.55
3 1.66
4 1.74
5 86.61
IRR 4.08%
Find attached for detailed computation.
Hello there!
Answer:
7.43%
Explanation:
To find the market rate of return on the Dayton repair stock, we would need to use it's selling price, expected pay, and the 2.15%.
Lets solve:
First, we divide 2.28 by 43.19.
2.28 ÷ 43.19 = 0.0527899976846492
Now we add the 2.15%. In order for us to add it, we would need to move the decimal places two times to the left. We would add 0.0215 to 0.0527899976846492.
0.0527899976846492 + 0.0215 = 0.0742899976846492
Now we would need to move the decimal places over, and round to the nearest hundredths.
7.428
The 8 would round and change the 2 into a 3
7.43.
The market rate of return for the stock would be 7.43%
Answer:
Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm
Explanation:
The answer is already stated within the question, but I'll provide the explanation.
In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.
On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:
$200 < X < $400.
Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.
Answer:
The action the insurance company should take is that they should cancel the insurance policy between them and Randall and return all the premiums paid to date
Explanation:
Here in this question, we are interested in knowing what action the Insurance company will take in the eventuality that Randall experienced a fatal heart attack.
The action the Insurance company will take is that the insurance policy will be canceled and all premiums which have hitherto being paid by Randall will be returned. What we are saying is that the Insurance company will not be liable or held responsible to make payment for the medical costs of the fatal heart attack suffered.
Hence, we can conclude that the Insurance company in this case is not bind by law to pay for the cost of the medical bill and is only to return the premiums already paid by Randall.