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Mnenie [13.5K]
3 years ago
14

Your financial planner offers you two different investment plans. Plan X is a $14,000 annual perpetuity. Plan Y is an annuity la

sting 13 years and an annual payment, $20,000. Both plans will make their first payment one year from today. At what discount rate would you be indifferent between these two plans? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Sonbull [250]3 years ago
7 0

Answer:

At 9.70% discount rate would you be indifferent between these two plans.

Explanation:

Present Value of Perpetuity = P/r

Present Value of Annuity = P/r[1 - (1 + r)^-n]

$14,000/r = $20,000. /r[1 - (1 + r)^-13]

(1 + r)^-13 = 1 - $14,000/$20,000.

(1 + r)^13 = 10/3

r = 9.70%

Therefore, at 9.70% discount rate would you be indifferent between these two plans.

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An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days
Virty [35]

An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.

<h3>Who is an Alcoholic Server?</h3>

This refers to the person that pours the alcoholic drink to people that come to bars to buy.

Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.

Read more about alcohol servers here:

brainly.com/question/11885626

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6 0
2 years ago
Except media what else can provide job information<br>​
kifflom [539]

Answer:

see below

Explanation:

Other sources of job information are

<u>1. Trade or professional associations </u>

They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.

2<u>. Family and friends working in different organizations</u>

Close friends and relatives are an important source of information for vacancies existing in different workplaces.

<u>3. Educational institutions</u>

In some cases, employers share information on their available job opportunities with schools and colleges.

<u>4. Career or employment agencies</u>

Employment agencies have updated information on various labor requirements for different employers

6 0
3 years ago
Over the years, O'Brien Corporation's stockholders have provided $20,000,000 of capital, when they purchased new issues of stock
shepuryov [24]

Answer:

$13,000,000

Explanation:

Given that,

Total Book Value of Equity = $20,000,000

Common stock outstanding = 1,000,000 shares

Selling price per share = $33.00

Market value of equity:

= Selling price per share × Shares outstanding

= $33.00 × 1,000,000

= $33,000,000

O'Brien's MVA:

= Market value of equity - Total Book Value of Equity

= $33,000,000 - $20,000,000

= $13,000,000

3 0
3 years ago
Suppose that an individual has a constant MRS of shoes for sneakers of 4:3 (that is, he or she is always willing to give up 3 pa
hram777 [196]

Answer:A .buy only sneakers

Explanation: The MRS for sneakers is  3  and Shoes is 4, meaning sneakers is of higher MRS than shoes. Also meaning that, sneakers are originally expensive or costly than shoes. If the price of both item have risen, it simply stand to reason that his attachments for sneakers will equally be higher as against the shoes. Meaning, he will demand  for sneakers will increase and he might eventually stick to buying only sneakers.

7 0
3 years ago
Of the following, which is NOT a characteristic of culture that is important for global companies to recognize? a) Culture can b
Vinil7 [7]

Answer:

a. Culture can be imposed from home country to host country.

Explanation:

Organization Culture are set of values, systems, belief, attitude and behaviour which shows how employees and business owners communicate with outsiders. Organization culture provides direction and influences decisions of management in an organization.

It imperative for global company to have it's own unique culture as they would easily be identified with that behaviour. They must also live by and adjust to the culture of the host community.

An ideal global company must have clear vision, best practises, set of values and people oriented culture inorder to be differentiated and have a lasting organization.

Characteristics of cultures global companies should have;

-It is the duty of global firm to to know the level and importance of various aspects of culture in the foreign market it serves.

-Country operations and management needs to adjust to the cultural environment existing in the countries the global firm serves

-Culture is learned and not inherited.

-It is nearly impossible to change an entire country's culture.

8 0
4 years ago
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