Answer:
present value of perpetuity = $29615.93
Explanation:
given data
pay = $300 per year
interest rate = 3%
solution
we get here present value payment after 5 year is
present value = 
...........1
present value = 
present value = $862.60
and
now we get present value on purchase date
present value = 
......2
present value = 
present value = $28753.33
and
present value of perpetuity is
present value of perpetuity = $862.60 + $28753.33
present value of perpetuity = $29615.93
Answer: Yes, because it is a contract whose terms prevent possible performance within one year
Explanation:
The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.
Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.
D. Because if your a employee and go in the lounge you can find stuff in the room
Answer:
Krell's dividend yield and equity cost of capital are 4.23% and 19.95%
Explanation:
Dividend yield = expected dividend/price today
= $ 0.89/$ 21.05
= 4.23%
Equity cost of capital = (Ending share price - Initial price + Dividend per share) / Initial price * 100
= [($24.36 - $21.05 + 0.89)/$21.05]*100
= 19.95%
Therefore, Krell's dividend yield and equity cost of capital are 4.23% and 19.95%
