Answer:
$58,002.60
Explanation:
First, it is clear to include the $21,000 as part of the value of the equipment.
Now, the $9,000 annual payment after every year for six years need to be presented in its present value, meaning what is the value of those future amounts of $9,000 on June 30, 2018.
To calculate the present value of annuity (annuity means constant and equal payments) for those 6 payments of $9,000, we would need the Present Value Factor which is supplied from the Present Value Table.
Looking at 12% for 6 periods ("six annual installments") on the table, it gives the PV factor of 4.1114.
Just multiply $9,000 by 4.1114 and we get 37,002.60
Finally add the downpayment of $21,000 with the present value $37,002.60 and we would get the total value of the equipment of 58,002.60
Answer:
2.11%
Explanation:
From the information given; we use the Excel spreadsheet to compute the difference between this bond's YTM(Yield to maturity) and its YTC(Yield to call).
From the diagram; we will see that the
YTM(Yield to maturity) = 8.91%
YTC(Yield to call).= 6.81%
Therefore the difference between this bond's YTM and its YTC = (8.91 - 6.81)%
the difference between this bond's YTM and its YTC = 2.11%
Answer:
The present value of your windfall if the appropriate discount rate is 10 percent is $5,562
Explanation:
Amount of Prize = $3,000,000
number of year = 66 years
Discount Rate = 10%
use following formula to calculate the Present value of Lottery prize
Present Value = Future value / ( 1 + discount rate )^number of years
PV = FV / ( 1 + r )^n
PV = $3,000,000 / ( 1 + 0.10 )^66
PV = $3,000,000 x ( 1 + 0.10 )^-66
PV = $3,000,000 x ( 1.10 )^-66
PV = $5,561.65
PV = $5,562
The California “standard form” policy of title insurance on
real property insures against loss occasioned by a forgery in the chain of
recorded title.
To add, standard form policy is an insurance policy form that is
designed to be used by many different insurers and has exactly the same
provisions, regardless of the insurer issuing the <span>policy.</span>
The dividend yield for Digby is $23.33
<h3>
What is Dividend Yield?</h3>
- A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.
- Price/Dividend, often known as the dividend yield ratio, is the counterpart of dividend yield.
- The amount of money a firm pays shareholders for owning a share of its stock divided by its current stock price is known as the dividend yield, which is represented as a percentage.
- The majority of mature corporations pay dividends.
- The dividend yields of businesses in the consumer goods and utility sectors are frequently greater than average.
- The dividends from real estate investment trusts (REITs), master limited partnerships (MLPs), and business development corporations (BDCs) are taxed more heavily than the typical dividend.
Explanation:
Given that
Dividend per share = $19.69
Increase in Dividend = $3.64
Using this formula
Dividend yield = Dividend per share + Increase in Dividend
Dividend yield = $19.69+$3.64
Dividend yield =$23.22
Therefore the Dividend yield will be $23.22
To learn more about Dividend yield with the given link
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