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abruzzese [7]
3 years ago
15

A multimillion-dollar u.s. project to construct a suspension bridge is in progress. true structures inc. in canada shares both p

rofits and responsibilities for the project with three towers inc., a firm based in the united states. this is an example of a:
Business
1 answer:
umka21 [38]3 years ago
7 0

Answer: Joint Venture

A Joint Venture is a business entity that is created when two or more corporations pool in their resources for a specific project.  

The corporations that are a part of the Joint Venture share the governance, risks and rewards of the joint venture.  

In a Joint venture the corporations who come together to form a joint venture retain their distinct entities.


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MAVERICK [17]
Royal carribean cruises are going up, as well as walmart!
5 0
3 years ago
Dominique is a visiting professor at the local university. Dominique was a graduate student from August 2015 to May 2017 in F-1
PtichkaEL [24]

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.

7 0
3 years ago
Sweet Sue Foods has bonds outstanding with a coupon rate of 5.50 percent paid semiannually and sell for $1,917.12. The bonds hav
Darina [25.2K]

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%

7 0
3 years ago
Suppose you observe the following situation:
vladimir2022 [97]

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%.

3 0
3 years ago
Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,000. For each of the next 5 y
IrinaVladis [17]

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} ]

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} ]

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 =  PV ( 1 + r )^n

Where

PV = $8,594.11

r = 15%

n = 6

Placing values in the formula

Future value =  8,594.11 ( 1 + 0.15 )^6

Future value =  $19,878.70

8 0
3 years ago
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