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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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Industries’ capital structure features 63 percent equity, 7 percent preferred stock, and 30 percent debt. If the before-tax comp
djyliett [7]

Answer:

16.091%

Explanation:

The computation of the WACC is shown below:

= (Weightage of debt × cost of debt) × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.3 × 9%) × ( 1 - 21%) +  (0.07 × 9.5%) +  (0.63 × 11.60%)

= 2.133% + 6.65% + 7.308%

= 16.091%

Basically we multiplied the weightage with its cost

5 0
3 years ago
Darden Restaurants is expected to pay annual dividends of $1.90 and $2.10 over the next two years,respectively. After that, the
Ainat [17]

Answer:

$13.89

Explanation:

The computation of the value of stock is shown below:

Year Dividend Present value factor at 16% Present value  

1         $1.90                0.862                               $1.64

2        $2.10                 0.743                               $1.56

3        $2.30

Price $14.375             0.743                               $10.68

The price is computed below:

= $2.30 ÷ 16% = $14.375

Total present value $13.89

The present value factor is computed below:

= 1 ÷ (1 + rate) ^ years

For Year 1 = 1 ÷ 1.16^1 = 0.862

For Year 2 = 1 ÷ 1.16^2 = 0.743

7 0
3 years ago
Which of the following gives Dunkin’ Donuts a competitive edge over Krispy Kreme? It features fresh donuts. It is better known i
Anarel [89]
Dunkin has more international stores
6 0
3 years ago
All of the following are healthy behaviors in a romantic relationship EXCEPT:
Gnesinka [82]

A. Independence

When your in a realtionship, your mate will as be there for you doing hard times and good times. There is no Independcne in a romantic realtionship.

Independence means being strong and able to survive ALONE.

Alone, alone, alone!!!!!

3 0
3 years ago
Does Svensons find a refrigerator value that $2300 on sale for $1900 they decided to withdraw $500 from savings to use as a dow
ivann1987 [24]

Answer:

B.The Svensons Assets increased by $1800

Explanation:

The Svensons assets increased by $1,800 because even if they purchased the refrigerator for $1,900, the market value of the refrigerator is $2,300, so their assets initially increase by this amount.

However, they also withdraw $500 from their savings to pay for the refrigerator, meaning that this asset account is reduced by the same amount.

Thus, an initial increase of $2,300 minus a later decrease of $500 gives us a final $1,800 increase.

5 0
3 years ago
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