The state withholds the funding of that specific university because it doesn't reflect the broad economic goal of gender equality. A university should be fair and just in selecting its applicants, either it could be a male or a female.
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Answer:
Total FV= $29,335.25
Explanation:
<u>First, we need to calculate the future value of the initial investment ($2,500) using the following formula:</u>
FV= PV*(1 + i)^n
PV= $2,500
i= 0.0075
n=10*12= 120 months
FV= 2,500*(1.0075^120)
FV= $6,128.39
<u>Now, the future value of the $1,500 annual deposit:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
We need to determine the effective annual rate:
Effective annual rate= (1.0075^12) - 1= 0.0938
FV= {1,500*[(1.0938^10) - 1]} / 0.0938
FV= $23,206.86
Total FV= $29,335.25
Answer:
The company’s WACC is 11.38%
Explanation:
After tax cost of debt = 9.6*(1 - 0.34)
= 6.336%
Debt-equity ratio = Debt/Equity
debt = 0.64*Equity
Let equity be $x
debt = $0.64x
Total = $1.64x
WACC = Respective costs*Respective weights
= (6.336*0.64x/1.64x) + (14.6/1.64x)
= 11.38%
Therefore, The company’s WACC is 11.38%
Answer:
True
Explanation:
Attribute refers to a trait or quality in general which distinguishes objects and things from one another.
In context of marketing, an attribute conveys a product feature which is regarded to be appealing to the buyers and provides utility. It represents quality and characteristics or product traits which distinguish one product from another in the marketplace.
Such unique traits could be w.r.t varying color, size, features, different functions which could act as determinants w.r.t a consumer's acceptance of such a product.
Product attributes are capable of universally inducing and evoking consumer behavior in their purchase decisions and also drawing repetitive purchases from such consumers.
