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s344n2d4d5 [400]
3 years ago
11

What is the future value of ​$490 per year for 9 years compounded annually at 11 ​percent? The future value of ​$490 per year fo

r 9 years compounded annually at 11 percent is ​$ nothing. ​(Round to the nearest​ cent
Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer:

The future value of ​$490 per year for 9 years compounded annually at 11 percent is ​$6,940.35

Explanation:

Giving the following information:

Annual deposit= $490

Number of years) 9

Interest rate= 11%

We have to calculate the end monetary value after 9 years. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= [490*[(1.11^9)-1]}/0.11= $6,940.35

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The beta of Stock A is –0.4 (indicating that its returns rise when returns on most other stocks fall). If the risk-free rate is
Marianna [84]

Answer:

=2.98%

Explanation:

Use CAPM to find the required return of the stock;

CAPM: r = risk free + beta(market return - risk free)

risk free = 4.5% or 0.045 as a decimal

beta = -0.4

market return = 8.3% or 0.083 as a decimal

Next, plug in the numbers into the CAPM formula;

r = 0.045 -0.4(0.083 - 0.045)

r = 0.045 -0.0152

r = 0.0298 or 2.98%

Therefore the required return is 2.98%

4 0
3 years ago
The positive relationship between price and quantity supplied, other things being equal, is considered to be:________
Bas_tet [7]

Answer:

The answer is D.

Explanation:

The correct answer is D. universally true for all markets

Other things being equal, as the price of goods and services increase, producers/firms tend to produce more(this is the popular law od supply) inorder to take advantage of the high revenue.

Unlike demand, for supply, price and quantity supplied are directly related.

4 0
2 years ago
Which of the following best describes what a manager does?
Bingel [31]

Answer:

D works for a company and produces resources to make a prpduct

7 0
3 years ago
Read 2 more answers
A multinational corporation has manufacturing facilities in many Asian countries due to cheaper labor. Which strategy is the cor
tatiyna

Answer:

acquisition of resources

Explanation:

The strategy that this corporation is using would be considered the acquisition of resources. This is what every multinational company does in order to cut down costs as much as possible. By pursuing and obtaining cheaper labor in a foreign country, the company is cutting down its overall costs. This can be done by also importing other resources from locations in which that resource is abundant meaning it is therefore much cheaper.

4 0
3 years ago
Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrowed $3,000 from the brokerage
yan [13]

If Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose <u>$650</u>.

<h3>What is buying on margin?</h3>

Buying on margin is a situation when an investor buys an asset by <u>borrowing the balance </u>from the brokerage firm.

With buying on margin, the investor pays part of the investment cost while the remaining is met by the broker.

<h3>Data and Calculations:</h3>

Cost of 200 shares at $40 per share = $8,000

Investor's cash = $5,000

Margin purchase = $3,000

Interest rate = 6%

Interest amount = $90 ($3,000 x 6% x 1/2)

Commission = $160

Total amount spent = $8,250 ($8,000 + $90 + $160)

Total amount realized from sale = $7,600 ($38 x 200)

Loss from sale = $650 ($7,600 - $8,250)

Thus, if Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose <u>$650</u>.

Learn more about margin accounts at brainly.com/question/17328883

#SPJ1

5 0
1 year ago
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