Answer:
$71.43 per share
Explanation:
Price to pay (Present value) = Annual Dividend / Required return
Price to pay (Present value) = $3.75 / 0.0525
Price to pay (Present value) = 71.42857142857143
Price to pay (Present value) = $71.43 per share
<span>The interest expense is $3,850.52. 12% annual interest is equivalent to a daily interest rate of 0.0328767123% in 2018, a 365 day year, and with 61 days between November 1 and December 31 the amount calculated is (0.0328767123/100)*61*192000 which is equal to 3,850.52.</span>
I believe the answer would be A, Athletes and Entertainers because if you take a look at football players and basketball players, ect., you'l see that they make a large sum of money. Entertainers such as Carrot Top or Seth Myers earn a lot of money as well, but it depends on your material and resources.
Have a great day!
-Pepetreefrogthe2nd
Is suitable if it is a fixed annuity but is unsuitable if it is a variable annuity
Answer: Option B.
<u>Explanation:</u>
An annuity is an agreement among you and an insurance agency where you make a singular amount installment or arrangement of installments and, consequently, get normal payment, starting either promptly or sooner or later.
An annuity is a long haul speculation that is given by an insurance agency intended to help shield you from the danger of outlasting your pay. Through annuitization, your buy installments (what you contribute) are changed over into occasional installments that can keep going forever.
Answer:
present value = $848.29
so correct option is c) $848
Explanation:
given data
bond sold = $100 million
time = 6 year
future value = $1,000 par value
original maturity = 20 years
years to maturity left = 14 years
annual coupon rate = 11.5%
require return = 14%
to find out
what price would you pay today for a James bond
solution
we get here first interest amount that is
interest = future value × annual coupon rate × 0.5
interest = 1000 × 11.5% × 0.5
interest = $57.50
and rate =
rate = 7%
now we find present value by
PV(Rate,nper, pmt, FV)
PV ( 7%, 28, 57.50,1000)
present value = $848.29
so correct option is c) $848