Answer:
Future Value= $10,000
N=13*2=26
YTM=4.7/2=2.35
PMT=0
PV=?
Enter these in a financial calculator
$5,466.59
Explanation:
It should be b I hope that help
Answer:
D
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Flying Car
Cash flow in year 0 = -$200,000
Cash flow in year 1 = 50,000
Cash flow in year 2 = 50,000
Cash flow in year 3 =80,000
Cash flow in year 4 =100,000
IRR = 13%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
e. An "I Owe You" - just evidence of a debt owed.
Explanation:
AN IOU IS simply defined as a memorandum, promise or the acknoledgemet of an individual to refund or pay a debt,it can be signed especially in a paper stating the specific amount owed and usually bears the letters IOU (I OWE YOU).It cannot be stated as the same as a promissory note due to the fact that there is no direct expression of the promise to pay.
