Answer: 29.93%
Explanation:
You can use Excel to solve for this.
Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).
Initial investment = $32
First cashflow = $1.25
Second cashflow = $1.31
Third cashflow = $1.38 + $65 selling price = $66.38
IRR = 29.93%
The main problem will arise when it has to be with converting the public good to numbers where it can be interpreted and studied. The number of people can also be something difficult to deal with because it deppends on the distance of the people seeing the fireworks show and if the distance is ok for the number of people looking at the fireworks
Answer:
Passion. For those uninitiated, entrepreneurs are not in it for the money. ...
Resilience. ...
Strong Sense of Self. ...
Flexibility. ...
Vision.
Explanation:
Resolute motivation and passion. The first and foremost quality of a successful entrepreneur is passion. ...
Self-discipline. This is one of the most essential characteristics of a successful entrepreneur. ...
Risk-taking ability. ...
Creative thinking. ...
Persistence.
Answer:
$12.93
Explanation:
First , find the dividend amount per year;
D1 = 4.25
D2,D3,D4,D5, D6 = 0
D3 = 2.2020(1.024) = 2.2548
D7 onwards = 2.35
Next, find the present value of the dividends at 12.6%;
PV (of D1) = 4.25/ 1.126 = 3.7744
PV (of D2 to D6) = 0
PV (of D7 onwards) today = (2.35/0.126) /(1.126^6)
PV (of D7 onwards) today = 18.6508 / 2.0381 = 9.1511
Add the PVs to find price of stock;
= 3.7744 + 0 + 9.1511
= $12.93
Answer:
Personal income tax is generally computed as the product of a tax rate times taxable income
Explanation: