3. During the year, Walt travels from Seattle to Tokyo (Japan) on business. His time was spent as follows: 2 days’ travel (one d
1 answer:
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Answer:
3.44%
Explanation:
For this question we use the RATE formula that is shown on the attachment
Data provided in the question
Present value = $15,000,000
Future value or Face value = $0
PMT = $1,050,000
NPER = 20 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the rate pf the return is 3.44%
Answer:
The answer is "0.85 "
Explanation:
In order to locate a beta of the company, we must find the average beta of unlevered UPS and FedEx and find a levered beta of the company.
Price Outstanding shares(Billion) Market valu of equity(Billion) Market value of debt(billions) D/E Ratio
UPS 65 0.7 45.5 5 0.1099
FedEx 55 0.25 13.75 3 0.2182
taxes desn't matter , given in the question so, assumed to be 0