Answer: $0.25
Explanation:
Fron the question, we are informed that Tri-coat Paints has a current market value of $50 per share with earnings of $5.97. We are further told that the required return is 12%.
The present value of its growth opportunities (PVGO) will be:
= $50 - ($5.97/12%)
= $50 - ($5.97/0.12)
= $50 - $49.75
= $0.25
Therefore, the present value of its growth opportunities (PVGO) if the required return is 12% is $0.25.
Answer:
d) 57,900
Explanation:
The computation of the equivalent units for conversion costs in the Assembly Department for the month is shown below:
As we know that
Units transferred to the next department = Units in beginning work in process + units started into production - units in ending work in progress inventory
= 3,400 units + 64,500 units - 25,000 units
= 42,900 units
Now the equivalent units for conversion units is
= 42,900 units × 100% + 25,000 units × 60%
= 42,900 units + 15,000 units
= 57,900 units
Answer:
to find profit make
%profit =selling price + cost price ÷ cost price
Answer:
The answer is option D
Explanation:
The bond can be issued at par, at a discount or at a premium depending on the coupon rate and the market interest. The price of the bond which pays semi annual coupon can be calculated using the formula of bond price. The formula to calculate the price of the bond is attached.
First we need to determine the semi annual coupon payment, periods and YTM.
Semi annual coupon payments = 2000000 * 0.1 * 6/12 = 100000
Semi annual periods = 5 * 2 = 10
Semi annual YTM = 0.08 * 6/12 = 0.04
Bond Price = 100000 * [(1 - (1+0.04)^-10) / 0.04] + 2000000 / (1+0.04)^10
Bond Price = $2162217.916
The price of the bond is thus $2162290 approx. The difference in answers is due to rounding off.