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frutty [35]
2 years ago
15

You have just won the state lottery and have two choices for collecting your winnings. You can collect $109,000 today or receive

$20,800 at the end of each year for the next seven years. A financial analyst has told you that you can earn 8% on your investments.
1. Calculate the present value of both the options (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar.)

2. Which alternative should you select? Option 1 or Option 2?
Business
1 answer:
miskamm [114]2 years ago
6 0

Answer: Im not doing the math but Option 2 is the better option

Explanation:

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An investment banker has recommended aâ $100,000 portfolio containing assetsâ B, D, and F.â $20,000 will be invested in assetâ B
soldier1979 [14.2K]

Answer:

β = 1.45

Explanation:

The beta of the portfolio is defined as an average of the betas (β) of each asset within the portfolio weighted by their respective invested amounts (A):

A_{P}* \beta_{P} =A_{B}* \beta_{B} +A_{D}* \beta_{D} +A_{F}* \beta_{F} \\\beta_{P} =\frac{20,000 * 1.5 + 50,000*2.0 +30,000*0.5}{100,000}\\\beta_{P} = 1.45

The beta of the portfolio is 1.45

8 0
3 years ago
A ________ check would be used to restrict the fines for speeding violations from $50 to $250.
snow_lady [41]
Range would be the check that is used to restrict the fines for speeding violations from $50-$250
8 0
3 years ago
Kaleb wants to get a payday loan in the amount of $375. He knows that the annual percentage rates (APR) for these types of loans
fomenos

It would take 95 days for Kaleb to get his desired APR.

Since Kaleb wants to get a payday loan in the amount of $ 375, and he is hoping to find one that has an APR of 40%, if Kaleb finds a business that charges a fee of $ 37 for the loan, to determine what the term of the loan need to be in order for Kaleb to get his desired APR, the following calculation must be performed:

  • APR = 37/375 x 365
  • APR = 0.098 x 365
  • APR = 36
  • 100 = 365
  • 36 = X
  • 36 x 365/100 = X
  • 13140/100 = X
  • 131.4 = X
  • 131.4 - 37 = 94.4

Therefore, it would take 95 days for Kaleb to get his desired APR.

Learn more in brainly.com/question/19115876

7 0
2 years ago
Windsor Hospital purchases $90,000 in surgical equipment on October 1, Year 1. The useful life is estimated to be 5 years, and t
AVprozaik [17]

Answer:

The depreciation expense for year 1 is $16,000

Explanation:

Depreciation: The depreciation was occurred due to tear and wear, obsolesce, time period, etc

Under the straight-line method, the depreciation should be charged with the same amount over the useful life.

The calculation is shown below:

= \dfrac{(original\ cost - residual\ value)}{(useful \ life)}

= \dfrac{(\$90,000 - \$10,000)}{(5 \ years)}

= $16,000

The depreciation should be charged for $16,000 in year 1. Moreover, it is shown in the income statement in the debit side and in the cash flow statement also.

5 0
3 years ago
Salespeople at Janie's Cookie Company want to draw the attention of their customers through blogs, Twitter, and LinkedIn, rather
Serga [27]

Answer:

D. Inbound Marketing

Explanation:

When a company uses blogs and social media, to draw the customers through content. And this is called Inbound Marketing, a passive, subtle and digital way to market.

7 0
2 years ago
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