Answer:
Programmes that will lessen poverty in the long term include: education and capacity development, land redistribution, promoting economic development and job creation, building houses, providing water, sanitation and electricity, and building schools and clinics.
Answer: New Market price =$29.55
Explanation:
Using the CAPM,Capital Asset Pricing Model CAPM formule , The expected return on stock is given as
Er = Rf +β( Mr)
which means
Expected return = Risk free rate + beta (market risk premium)
13%= 4% +beta (6%)
beta= 13%-4%/6%=0.13-0.04 /0.06
beta= 1.5
The dividend expected to be paid is given as
Expected dividend, D = Price of security X Expected return
= 50 X 13%
= $6.5
Now, if beta doubles, Expected return becomes
Er = Rf + 2β( Mr)
Er= 4% + 2 x 1.5( 6%)
=4%+ 3.0( 6%)
0.04 + 0.18
Er = 0.22 = 22%
New Market price
Expected dividend, D = Price of security X Expected return
Price = Expected dividend, D/Expected return
= $6.5/0.22
=$29.55
Answer:
$12,000
Explanation:
Given:
Payroll(7 days) = $20,000
Number of work day in week = 5 Days
Computation:
Per day Payroll = Weekly payroll / Number of work day in week
Per day Payroll = $20,000 / 5
Per day Payroll = $4,000
Deductible Days = Monday + Tuesday + Wednesday
Deductible Days = 3 days (work day in week)
So, Debited Amount = Number of days x payroll amount per day
= 3 x $4000
= $12,000
Answer:
The amount of Original Interest is $47,368.421
Explanation:
The original amount of the loan is computed as by using the ordinary interest:
Ordinary Interest = Original Amount × 360 / Rate of Interest × Number of Days
where
Original Amount is $162.50
Rate of Interest is 6.5%
Number of Days is 19 (April, 12 2006 to April, 30 2006)
Putting the values in the above:
= $162.50 × 360 × 100 / 6.5 × 19
= $5,850,000 / 123.5
= $47,368.421