It is the medium of exchange. It serves as the mediator instrument used to encourage the deal, buy or exchange of products between parties. For an instrument to work as a medium of trade, it must speak to a standard of significant worth acknowledged by all gatherings. In present-day economies, the medium of trade is money.
<span>Mid-level managers oversee the activities of first-line managers. Mid-level managers are responsible for their department and report to top management. Mid-level managers must make sure that resources are allocated correctly and must invest money in training and development, materials, supplies and technology. They communicate the goals and strategies to first-line managers.</span>
Answer:
it's most likely B or D. but you need to double check
Answer:
The answer is: The expected rate of return from this investment is 26.68%
Explanation:
We are given the following cash flows for this operation:
- Initial investment = -$24.50
- Cash flow 1 = $1.25 (dividend year 1)
- Cash flow 2 = $1.35 (dividend year 2)
- Cash flow 3 = $1.45 (dividend year 3)
- Cash flow 4 = $56.55 ($1.55 dividend year 4 + $55 stock's sales price)
Using an excel spreadsheet and the IRR function:
=IRR(value 1: value 5) =26.68%
where
- value 1 = -24.50
- value 2 = 1.25
- value 3 = 1.35
- value 4 = 1.45
- value 5 = 56.55
