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PIT_PIT [208]
3 years ago
12

You purchased a bond at a price of $2,100. In 30 years when the bond matures, the bond will be worth $15,000. It is exactly 22 y

ears after you purchased the bond and you can sell the bond today for $11,100. If you hold the bond until it matures, what annual rate of return will you earn from today
Business
1 answer:
Ksju [112]3 years ago
7 0

Answer:

The answer is 3.8%

Explanation:

Solution

Bond purchased at price =$2100)

Maturity rate in  30 years worth =$15,000

Sale of the bond = $11,100

Now we find out what  annual rate of return will you earn from today

Now

present value =$11,100

Future value = $15,000

Bond Life = 8 years (30-22)

The annual rate of return =[(FV/PV)^(1/n) -1]

= (15000/111000^(1/8) -1

=1.351351^ (1/8) -1

= 3.8%

Therefore the annual; rate of return you will earn from today is 3.8%

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Will and Janine are divorced during the current year. Will is to have custody of their two children and will receive their house
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Answer:

Since Will is getting the custody of their two children, he can claim them as dependents and deduct exemptions when he files his taxes.

  • child tax credit ($2,000 per child under 18)
  • child and dependent tax credit (up to $3,000 per child under 13 and $500 for dependent over 13)
  • American opportunity education credit (up to $2,500 per child that studies x 4 years maximum)

Alimony can no longer be deducted from Janine's AGI, nor it should be included in Will's AGI.

Property distributions (cars and house) will not have any effect in their taxes, but if they sell them, their basis will be the value at the time of divorce.

7 0
4 years ago
Fix-It Co. wishes to maintain a growth rate of 9.89 percent a year, a constant debt-equity ratio of .42, and a dividend payout r
Olin [163]

Answer:

5.43%

Explanation:

Using du point formula for return on equity formula, the profit margin can be computed by rearranging the formula to make profit margin the subject.

return on equity=profit margin*assets turnover*leverage ratio

return on equity=growth rate*(1-dividend payout ratio)=9.89%*(1-40%)=5.93%

assets turnover=sales/total assets=inverse of total assets to sales=1/1.3

leverage ratio=total assets/equity

debt-equity ratio=0.42( debt is 0.42 while equity is 1 i.e 0.42/1=0.42)

total assets=debt+equity=0.42+1=1.42

equity is 1

5.93%=profit margin*1/1.3*1.42/1

5.93%=profit margin*1.092307692

profit margin=5.93%/1.092307692

profit margin=5.43%

5 0
3 years ago
What are some ways that technology could be used to benefit learners of a culture?
777dan777 [17]

Answer:

Removes cultural and language barriers.

For students who may struggle to fit in, technology tools provide a way to engage and equalize—web tools, cameras, word processors, software, can help create opportunities for independence and inclusion.

Explanation:

hope it will help you have a great day bye:)

8 0
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Calculate the selling price for 4 hair clips at $20 each given a cash discount of 2%
Alja [10]

Answer:

they would each be 4.9 i think

Explanation:

5 0
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