Answer:
Equations obtained when we equal a physical quantity with its dimensional formulae are called Dimensional Equations.
Answer:
2 years
Explanation:
Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows
In the first year, -$85,000 + $30,000 = -$55,000 is recovered
In the second year, -$55,000 + $55,000 = 0
The total amount invested is recovered in the second year
Answer:
NAV is $35 per share
premium is 14.30%
Explanation:
The formula for net asset value can be used in calculating the NAV of thi closed fund before comparing the NAV with selling price of the fund in order to ascertain whether a discount or premium has been recorded on the fund as shown below:
NAV=Total assets- total liabilities/number of shares
total fund assets is worth $195 million
total fund liabilities is $20 million
there are 5 million shares outstanding
NAV=$195 million-$20 million/5 million
=$175 million/5 million
=$35.00 per share
Premium on the fund=($40-$35)/$35
=$5/$35
=14.30% premium
The fund has 14.30% premium
It is true that capitalization of interest is adding accrued interest to the principal balance, so that the interest-bearing principal balance of the loan increases.
<h3>What is interest capitalization?</h3>
This is when an unpaid interest is rolled over with the principal amount, which increase the overall amount to be paid. It is the inclusion of an unpaid interest to the principal balance of the loan taken.
Hence, Capitalization of interest is adding accrued interest to the principal balance, so that the interest-bearing principal balance of the loan increases.
Learn more about interest capitalization here: brainly.com/question/417585
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Answer:
The bond price is $ 926.24 today
The bond price in six months is $ 936.81
Explanation:
Find detailed calculation in the attached spreadsheet.
