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Ymorist [56]
3 years ago
9

A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?

Business
1 answer:
VMariaS [17]3 years ago
6 0
Cost price = 6,500
Selling price + profit = 9500
Profit gained = 9,500 - 6,500 = $3000
Number of tires bought = 3000/50 = 60
The dealer bought 60 tires.

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A common stock pays an annual dividend per share of $1.80. The risk-free rate is 5%, and the risk premium for this stock is 4%.
ArbitrLikvidat [17]

Answer:

The value of the stock today is $20

Explanation:

Using the CAPM equation, we first calculate the required rate of retunr on the stock.

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r = rRF + Beta * rpM

Where,

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r = 0.05 + 0.04

r = 0.09 or 9%

The value of the stock can be calculated using the zero growth model of DDM. The DDM values the stock based on the present value of the expected future dividends from the stock. As the dividend from the stock is expected to remain constant through out to an indefinite period, the value of the stock today is,

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3 years ago
Suppose a three period weighted average is being used to forecast demand. Weights for the periods are as follows: 0.1, 0.4 and 0
nika2105 [10]

Answer:

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suppose you invest $2250 in a CD that earns 3% APR and is compound quarterly. the cd matures in 2 years. how much will this cd b
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** since the interest is compounding quarterly, you need to divide the rate by 4, the number of quarters in a year.

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N76 [4]

The journal entry on May 1 was:

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