1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Illusion [34]
3 years ago
13

Assume that you inherited some money. A friend of yours is working as an unpaid intern at a local brokerage firm, and her boss i

s selling securities that call for 4 payments of $50 (1 payment at the end of each of the next 4 years) plus an extra payment of $1,000 at the end of Year 4. Your friend says she can get you some of these securities at a cost of $900 each. Your money is now invested in a bank that pays an 8% nominal (quoted) interest rate but with quarterly compounding. You regard the securities as being just as safe, and as liquid, as your bank deposit, so your required effective annual rate of return on the securities is the same as that on your bank deposit. You must calculate the value of the securities to decide whether they are a good investment. What is their present value to you? Ehrhardt, Michael C.. Corporate Finance: A Focused Approach (MindTap Course List) (p. 189). Cengage Learning. Kindle Edition.

Business
1 answer:
Firlakuza [10]3 years ago
8 0

Answer:

Decision : It is not good invest as it offers at $925 whereas your bank deposit cost $893.16 for same return.

Explanation:

Detailed calculations are carried out in the attachment below.

You might be interested in
Forest ranger in Arizona and New Mexico in the early 1900s who advocated preservation of nautre's integrity. He wrote "...to kee
GenaCL600 [577]

Forest ranger in Arizona and New Mexico in the early 1900s who advocated preservation of nautre's integrity. He wrote "...to keep every cog and wheel is the first precaution of intelligent tinkering..." also known as the Land Ethic

B. Aldo Leopold

Explanation:

  • Forest ranger in Arizona and New Mexico in the early 1900s who advocated preservation of nautre's integrity. He wrote "...to keep every cog and wheel is the first precaution of intelligent tinkering..." also known as the Land Ethic
  • B. Aldo Leopold
  • Aldo Leopold is the only person who has said this line. It is also related to the facts given that Aldo was considered by many  as the of wildlife management.
  • he also had long arguement about that wilderness was vitally important to protect both for and from humans.

8 0
3 years ago
Read 2 more answers
Which of the following is one of the main things to consider when evaluating a business opportunity?
nikitadnepr [17]
<h2>Answer</h2>

D) Customer demand for the product

<h3>Explanation</h3>

For a business opportunity to prosper and grow ahead, it is imperative that the offered product or service has actual demand present. If the demand is present, the sales will be automatically achieved. This will result in higher sales and therefore more generation of profits in the future. Without optimal demand present in the economy, it is not worth putting time and efforts in a business.

7 0
3 years ago
Read 2 more answers
Advances in technology like the creation of cheap, lightweight laptops has allowed workers to work from almost anywhere. Please
andriy [413]

Answer:

Got this from the same website you used

Explanation:

Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.

5 0
2 years ago
In its simplest form, amdahl's law maintains that if a given program would take one hour to run to completion with one processor
AlladinOne [14]
<span>20% is the maximum speed up possible for this program. For this problem, let's assign the time of 1 for the task when using a single processor. Now let's assume that we have an infinite number of processors available to handle the portion of the program that can be executed in parallel so that the execution time for that portion will be 0. That means that the total execution time with an infinite number of processors will be 1 * (0.80 + 0) = 1 * 0.80 = 0.80 So at best, the parallel program will take 80% of the time for the single threaded version. So the speed increase will be (1 - 0.80) / 1 = 0.20/1 = 0.20 = 20%</span>
4 0
3 years ago
Companies striving for global market leadership pursue strategic alliances or collaborative partnerships with foreign companies
FrozenT [24]

Answer:

get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

I. World Trade Organization (WTO).

II. United Nations (UN).

III. International Monetary Fund (IMF).

IV. United Nations Conference on Trade and Development (UNCTAD).

When a company or business firm strive for global market leadership, its main focus would be to pursue strategic alliances or collaborative partnerships with foreign companies. This would enable it get into critical country markets quickly and effectively, it would also gain an inside knowledge and understanding about unfamiliar markets, consumer demographics and cultures, as well as getting hold of valuable skills and competencies that are concentrated in specific geographic locations in the world.

6 0
3 years ago
Other questions:
  • As of june 30, 2019, great adventures finishes its first 12 months of operations. if suzie wants to prepare financial statements
    7·1 answer
  • Danielle has $127.02 in her account before making any transactions. Over the course of a week, Danielle makes the following tran
    5·2 answers
  • Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p
    14·1 answer
  • Sam is a video game designer making $87,000 per year how much does he make per month?
    8·1 answer
  • No More Pencils, Inc., disburses checks every two weeks that average $87,000 and take six days to clear. How much interest can t
    13·1 answer
  • g Other things the same, if the exchange rate changes from 6 Chinese yuan per dollar to 7 Chinese yuan per dollar, then the doll
    9·1 answer
  • Equilibrium in financial markets occurs at an interest rate where the quantity of loanable funds demanded is
    13·1 answer
  • Current Attempt in Progress Ferris, Inc. has a unit selling price of $500, variable cost per unit of $300, and fixed costs of $2
    9·1 answer
  • In the water and rocks analogy for JIT:
    13·1 answer
  • Which tab provides you options like inserting a table, inserting a shape, or adding Audio/Video?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!