Royal carribean cruises are going up, as well as walmart!
Answer: True
Explanation: A resident alien normally shares similar rules for filing revenue, property and gift tax recoveries and payment of calculated tax whether the person is in the United States or abroad. The resident alien can make use of similar forms and mailing particulars of where he or she lives as the citizens of the United States and also be able to claim similar deductions permitted to citizens of the United States for the whole tax year. However, special regulations apply to the taxation of foreign individuals studying in a university and specialists in a particular branch of study.
Answer:
Current yield=5.74%
Explanation:
Calculation for the current yield for these bonds
Current yield = (.055× $2,000)/$1,917.12
Current yield =$110/$1,917.12
Current yield=0.0574*100
Current yield=5.74%
Therefore the current yield for these bonds will be 5.74%
Answer:
The answer is:
* Expected return on the market: 2.74%
* Risk-free rate: 11.45%
Explanation:
Denote Rm is expected return on the market and Rf is risk-free rate. We have:
* For stock Pete: 14.5% = Rf + 1.35 x ( Rm - Rf) and
* For stock Repete: 11.8% = Rf + 1.04 x (Rm-Rf)
From the two equations above, we have: 0.31 * (Rm- Rf) = 2.7% <=> Rm - Rf = 8.71%;
So we have: 14.5% = Rf + 1.35 * 8.71% <=> Rf = 2.74%;
=> Rm = 2.7% + Rf = 8.71% + 2.74% = 11.45%.
So, Rf = 2.74%; Rm = 11.45%.
Answer:
Mark will have $19,878.70 at the end of six years
Explanation:
Use the following formula to calculate the present value of cash flows
PV = ![A [\frac{1 - (\frac{1+g}{1+r})^n }{r - g} ]](https://tex.z-dn.net/?f=A%20%5B%5Cfrac%7B1%20-%20%28%5Cfrac%7B1%2Bg%7D%7B1%2Br%7D%29%5En%20%7D%7Br%20-%20g%7D%20%5D)
Where
A = Investment = $2,000
g = growth rate = 4%
r = 15%
n = 6
Placing values in the formula
PV = ![2,000 [\frac{1 - (\frac{1+0.06}{1+0.15})^6 }{0.15 - 0.06} ]](https://tex.z-dn.net/?f=2%2C000%20%5B%5Cfrac%7B1%20-%20%28%5Cfrac%7B1%2B0.06%7D%7B1%2B0.15%7D%29%5E6%20%7D%7B0.15%20-%200.06%7D%20%5D)
PV = $8,594.11
Now calculate the future value in order to determine the amount Mark will have at the ned of six years
Future value = 
Where
PV = $8,594.11
r = 15%
n = 6
Placing values in the formula
Future value = 
Future value = $19,878.70
