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Rudik [331]
3 years ago
9

Anderson sold a property to Kelly. The contract contained the following statement: "Buyer to accept the property in an 'as is' c

ondition." Both the seller and the broker knew that the plumbing was in a major state of disrepair, but did not tell Kelly. Would an action against the broker and the seller be successful?
Business
1 answer:
alina1380 [7]3 years ago
4 0

Answer:

The action against the seller by Kelly would not be successful. This is because, the contract agreement drafted by the seller contains that clause "as in" condition. <em>It would be believed that, Kelly saw the condition in the contract, but still went ahead to purchase the house by signing the seller's contract agreement of sell. Whatever state the house is in would be taken by Kelly.</em>

Explanation:

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Blossom Corp. will pay dividends of $5.00, $6.25, $4.75, and $3.00 in the next four years. Thereafter, management expects the di
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Answer:

Present value = $35.00326585 rounded off to $35.00

Explanation:

Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the stock, we will use the following formula,

Present value = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +

[(Dn * (1+g)  /  (r - g))  /  (1+r)^n]

Where,

  • r is the required rate of return
  • g is the constant growth rate in dividends
  • n is the number of years

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3 / (1+0.155)^4  +  [(3 * (1+0.07)  /  (0.155 - 0.07))  /   (1+0.155)^4]

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3 0
3 years ago
Smart Solutions Inc. is evaluating a capital project for expansion. The project costs $10,000, and it is expected to generate $5
Likurg_2 [28]

Answer:

d) $16,550

Explanation:

First, The multiple options to the question

a)$12,500

b) $11,550

c) $14,050

d) $16,550

e) $15,000

Question: To determine the terminal value of the project

What do we know:

The Cash flow from the project is $5,000 per year and the rate is 10%

To determine the future value per year is as follows

Year 1 = (1+r)∧2= (1+0.1)∧2= 1.21

Year 2 = (1+r)∧1= (1+0.1)∧1= 1.1

Year 3 = (1+r)∧0= (1+0.1)∧0= 1

Based on these determinations, we determine the yearly value as follows

Year 1= 5,000 (1.21) = $6,050

Year 2 = 5,000 (1.1)= $5,500

Year 3= 5,000 (1) -= $5000

The terminal value = The total of the three years

= $6,050 + $5,500 + $5,000

= $16,550

4 0
3 years ago
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