Answer:
15.19%
Explanation:
According to the given situation, the computation of the annual percentage rate is shown below:-
Annual percentage rate = (1 + APR ÷ n^n) -1)
Now we will put the values into the above formula to reach the annual percentage rate
= ((1.1608) × 0.25 - 1) × 4
= 0.1519
or
= 15.19%
Therefore for computing the annual percentage rate we simply applied the above formula.
Answer:
The current price per share is $213.679
Explanation:
According to the given data, in order to calculate the current price per share we would have to use the following formula:
current price per share= 5x1.05/1.13+(5x1.05^2/1.13^2)+(5x1.05^3/1.13^3)+(5x1.05^4/1.09^4)+(5x1.05^5/1.09^5)+(5x1.05^6/1.09^6)+{(5x1.05^7/[(.07-.05)1.09^3x1.13^3]}= $213.679
The current price per share is $213.679
Answer:
No silly! :)
Explanation:
Zero-based budgeting is a repeatable process that organizations use to rigorously review every dollar in the annual budget, manage financial performance on a monthly basis, and build a culture of cost management among all employees. Basically, all budgets must be justified for each monthly period.
Answer:
See explanation
Explanation:
The impact of the near failure of Bear Stearns resulted in financial crisis which shook global economy. This financial crisis almost brougt recession to Nations. Lehman Brothers on the other hand, crashed the stock market which caused problems on the S$P index.
The Treasury Department pumped more money into the economy in attempt to help Bear and Stearns but the two banks still failed leading to loss of money.
The failure of Lehman Brothers is termed the largest Bankruptcy in the history of U.S. The bankruptcy affected financial markets greatly.
Money Markets can be defined as the market that provides short term funds to the players. it is not regulated like the capital markets but it is also a component of the economy.