Answer: 20.15%
Explanation:
The IRR is the discount rate that makes brings the Net Present Value to zero.
It can be solved for by various means including using Excel as shown in the attached file.
Year 0 -33790
Year 1 8,210
Year 2 9,890
Year 3 14,120
Year 4 15,930
Year 5 10,820
= IRR (-33,790
, 8,210
, 9,890
, 14,120
, 15,930
, 10,820
)
= 20.15%
<span>income that investors earn from buying and selling investments
</span>
Answer:
$74.63 per share
Explanation:
The computation of the value of preferred stock is shown below:
As we know that
Value of the preferred stock = Annual dividend rate ÷ Returns on the stock
where,
Dividend on the preferred stock = Dividend rate × Par value
= 11% × $100
= $11
And, the return is 14.74%
So, the value of the preferred stock is
= $11 ÷ 14.74%
= $74.63 per share
Answer:
You can put this solution on YOUR website!
A 1987 advertisement in the New Yorker solicited offers on a 1967 Mercury Cougar XR7 (Motor Trend's 1967 car of the year) that had been stored undriven in a climate controlled environment for 20 years.
If the original owner paid $4000 for this car in 1967, what price would he have to receive in 1987 to obtain a 10 percent annual return on his investment?
---------
If the 10% is compounded yearly the price is as followed.
A(10) = 4000(1+(0.10/1))^(10*1)
---
A(10) = 4000(1.1)^10
---
A(10) = $10,374.97
======================
Cheers,
Stan H.
Answer: Market penetration
Explanation:
Market penetration can be defined as the comparison of the assessment of how much product has been sold relative to the total market has been estimated to be covered for that particular product. It is expressed in percentage. The market penetration can be enhanced by increasing the advertisement of the product and promoting the sales.
Hence, market penetration is the growth strategy, which JC Penney is applying.
