Answer:
The answer to this question is c.it is best to have money today, so it can be put to work sooner to make even more money.
Explanation:
The time value for money is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity. This core principle of finance holds that provided money can earn interest, any amount of money is worth more the sooner it is received.
It emphasis on the fact that a dollar received today is worth more than a dollar received in the future because of some changes that may have occurred.
From the above explanation we can conclude that the answer is c.it is best to have money today, so it can be put to work sooner to make even more money.
Answer and Explanation:
The computation is given below:
NAV = (Total value - Liabilities) ÷ Number of shares outstanding
= ($260M - $2M) ÷ 6M
= $258M ÷ 6M
= $43
b. The premium or discount is
= (Market price - NAV) ÷ NAV
= ($40 - $43) ÷ $43
= -$3 ÷ $43
= -0.06976 or -6.98%
So here the fund should be sold at 6.98% discount
Answer:
Required 1
<u>January 1</u>
Cash $340,000 (debit)
Note Payable $340,000 (credit)
Required 2
$27,200 goes toward interest expense.
Explanation:
<u>Issuance of the Note :</u>
Assets of Cash are increasing, the Liabilities are also increasing.
<u>Payment at December 31 :</u>
The Annual Payment comprises of Capital Repayment and Interest Expense.
Prepare an amortization schedule using the details of the Note highlighted below to separate the Capital Repayment and Interest Expense Component :
PV = $340,000
PMT = - $85,155
N = 5
i = 8%
P/yr = 1
FV = $0
Note Schedule is attached !
Answer:
Explanation Human rights are the basic rights and freedoms that belong to every person in the world, from birth until death. ... These basic rights are based on shared values like dignity, fairness, equality, respect and independence. These values are defined and protected by law
