Answer:
$1,565
Explanation:
Enter the following inputs into financial calculator, we will have:
n = 3 years
Present value (PV): The amount that you should pay for the annuity. This is the missing value we need to calculate
Future value (FV): FV = 0, there is no future value of an annuity
PMT: The amount that annuity pays per year. ($850)
i/r = 5.5%: The interest you expect to receive from the annuity
PV = $1,484
Since the payment is made at the beginning of each year, you should multiply the PV amount by (1+0.055)
The final answer would be 1,484 x 1.055 = $1,565
The most you should pay is $1,565
C) there are not enough resources to produce all of the good and services that everyone wants.
Marliss will want to invest her money in a savings bond to help her save money for college. The correct answer is A.
Answer:
e) $37.05
Explanation:
Using the dividend growth model, the value of a stock is the present value of the future dividends receivable discounted at the required rate of return . The required rate of return is given as 12%.
So we discount the year 3 dividend using the dividend growth model formula
P = D (1+g)/r-g
r- rate of return, g = growth rate
Present value of the future dividends:
PV of Year 1 = 1.55(1.015)m × 1.12^(-1)
= 1.4047
PV of Year 2 = 1.55 (1.015)(1.015) × 1.12^(-2)
= 1.27
PV of Year 3 (this will be done in two steps)
Step 1; PV (in yr 2) of year 3 dividend
= (1.55)(1.015)^2×(1.08)/(0.12-0.08)
=43.114
Step 2 : PV (in yr 2) of year 3 dividend
=43.114 × (1.12^(-2))
= 34.37
Best estimate of stock = 1.40 + 1.27 +34.37
= $37.05
Note
To discount the year 3 dividend, we use two steps. The first stp helps get the PV in year 2, and step 3 helps to take it further to the PV in year 0
Answer:
Cross docking
Explanation:
Cross-docking is a practice in logistics of unloading materials from an incoming semi-trailer truck or railroad car and loading these materials directly into outbound trucks, trailers, or rail cars, with little or no storage in between.
It is also often used when handling time sensitive and perishable inventory. Due to the reduced shelf life, inventory needs to reach retailers with a reasonable remaining shelf life
