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krok68 [10]
3 years ago
8

Jasmine is 53-years old and earns $115,000 a year. she saves 12% of her annual gross income for retirement. jasmine will pay off

her mortgage by the time she retires. her monthly principal and interest payment is $1,950.21. calculate jasmine's wage replacement ratio using the top-down approach (round to the nearest %) and using pre-tax dollars. assume that she wants to maintain her lifestyle.
Business
1 answer:
Anon25 [30]3 years ago
8 0
The income percentage is 5%
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Answer:

The price of the bond is closest  $101.36  

Explanation:

It is noteworthy that a rational investor pays for a bond today the cash flows derivable from the bonds in future discounted to today's terms.

The future cash flows comprise of the yearly coupon interest of $5.5(5.5% *$100) for 3 years as well as the repayment of the principal $100 at the end of year 3.

To bring the cash inflows today's term, we multiply them  them by the discounting factor 1/(1+r)^N , where is the yield to maturity of 5% and N is the relevant the cash flow is received.

The discounting is done in attached spreadsheet leading $ 101.36  present value today.

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3 years ago
What are the two basic parts of a management plan?
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Answer: banks statements and break down of property structures.

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Luis refuses to shop at big box stores, preferring to do his shopping locally. He reads in the paper that one of these stores wi
Trava [24]

Answer:

Selective retention.

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The next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4
STALIN [3.7K]

Answer:

a. 10.8%

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Required return= (2.34/37)+0.045

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3 years ago
CPI is calculated by dividing the ____ using ____by the ____using ____ and multiplying by 100.
Anika [276]

Explanation:

The CPI stands for Consumer Price index . It refers to the change in the price level with respect to the goods and services available in the market.

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3 years ago
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