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Alex_Xolod [135]

3 years ago

9

Suppose the required reserve ratio is 8% and the fed purchases $100 million worth of treasury bills from wells fargo. by how muc

h is wells fargo able to increase its loans

1 answer:

Setler [38]3 years ago

3 0

8 million
hope this helped

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Sanford Co. sells $500,000 of 10% bonds on March 1, 2020. The bonds pay interest on September 1 and March 1. The due date of the

Ilya [14]

Answer:

Sanford Co.

Bond Amortization Schedule

Period PV PMT Interest FV

1 $468,951.03 $25,000.00 $28,137.06 $472,088.09

2 $472,088.09 $25,000.00 $28,325.29 $475,413.38

Year #1 end

3 $475,413.38 $25,000.00 $28,524.80 $478,938.18

4 $478,938.18 $25,000.00 $28,736.29 $482,674.47

Year #2 end

5 $482,674.47 $25,000.00 $28,960.47 $486,634.94

6 $486,634.94 $25,000.00 $29,198.10 $490,833.04

Year #3 end

7 $490,833.04 $25,000.00 $29,449.98 $495,283.02

8 $495,283.02 $25,000.00 $29,716.98 $500,000.00

Year #4 end

Explanation:

a) Data and Calculations:

Face value of bonds = $500,000

Proceeds from bonds = $468,951

Bonds Discounts = $31.049

Coupon interest rate = 10%

Effective interest rate = 12%

N (# of periods) 8

I/Y (Interest per year) 12

PMT (Periodic Payment) 25000

FV (Future Value) 500000

Results

PV = $-468,951.03

Sum of all periodic payments $200,000.00

Total Interest $231,048.97

8 0

3 years ago

If you’re driving for long periods of time, night or day, how long and frequent should your breaks be?

liberstina [14]

Answer:

4 min

Explanation:

8 0

3 years ago

Read 2 more answers

Jerome Corporation's bonds have 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a

Nastasia [14]

Answer:

5.01%

Explanation:

The bond nominal yield to call is 5.01%

6 0

3 years ago

Read 2 more answers

In doing a five-year analysis of future dividends, the Dawson Corporation is considering the following two plans. The values rep

Shalnov [3]

Answer:

For Plan A = 6.7

For Plan B = 7.8

Explanation:

Data Given:

First of all, we need to sort out the data because it is very necessary to solve for this question requirement.

Year 1

Plan A = 1.10 Plan B = 0.10

Year 2

Plan A = 1.10 Plan B = 1.20

Year 3

Plan A = 1.10 Plan B = 0.20

Year 4

Plan A = 1.70 Plan B = 4.50

Year 5

Plan A = 1.70 Plan B = 1.80

Total Number of Years = 5

Now, in order to calculate the total number of dividend per share over the 5 years time period. We need to sum the individual entries of Plans.

So,

For Plan A:

Total number of dividend per share = 1.10 + 1.10 + 1.10 + 1.70 + 1.70 = 6.7

Total number of dividend per share = 6.7

Similarly,

For Plan B:

Total number of dividend per share = 0.10 + 1.20 + 0.20 + 4.50 + 1.80 = 7.8

Total number of dividend per share = 7.8

5 0

3 years ago

Assume that all fast-food restaurants employ many minimum-wage workers. Suppose 20000 people in West Virginia work in fast-food

Aleks [24]

Answer:

Some minimum wage workers will be better off since they will earn a higher salary, people are happy when they earn more money.

But other minimum wage workers may be worse off, since the quantity demanded for minimum workers will decrease, so it will be harder for them to find new jobs and some currently working might even get fired.

Basically all the fast food restaurant owners will be worse off, since they are forced to pay a higher than equilibrium price for labor, so their profit margins will be reduced.

6 0

4 years ago