The aim is to investigate the ways in which cooperatives can act as agents towards sustainable community development.
Answer:
Spot and Future Prices
The future price of the silver for delivery in 9 months is:
= $13.85.
Explanation:
a) Data and Calculations:
Spot price of silver per ounce = $12.75
Storage costs per ounce per annum = 1.95% compounded continuously
Storage costs in 9 months = $0.19 ($12.75 (1.95% * 9/12)
Total cost = $12.94 ($12.75 + $0.19)
Interest rate = 9.4% per annum
Interest rate for 9 months = 7.05% (9.4%*9/12)
Future price of the silver for delivery in 9 months = $13.85 ($12.94 * 1.0705)
Answer:
$1,875,000
Explanation:
Break even point in sales = Fixed cost / Contribution margin ratio
When Contribution margin ratio = 100% - Variable cost ratio
Contribution margin ratio = 100% - 60%
Contribution margin ratio = 40%
Break even point in sales = $750,000 / 40%
= $1,875,000
Well I’m young so I make money through part time jobs such as chick fila or some other restaurant that pays
Answer:
11.33%
Explanation:
The dividend valuation model will be used here to calculate the cost of equity raised which can be calculated using the following formula:
r = D1 / (Po - F) + g
Here D1, Po, F and g are given in the question so by putting the values in the equation, we have
r = $1.75 / ($42.5 - 5% of Po) + 7%
r = 11.33%