Answer: -$100
Explanation:
Value of forward contract = Selling price - Forward price on bond
Forward price = Present value of cashflows + Present value of bond
Periodic rate = 7%/ 2 = 3.5% per semi annum
= 8% / 2 = 4%
3.5% will be used to discount the payment 6 months from now as that is the 6 month rate. The rest will be 4%.
= (80 / (1 + 3.5%) ) + ( 80 / ( 1 + 4%)²) + (940 / ( 1 +4%)²)
= $1,020.342
= $1,020
Value of forward contract = 920 - 1,020
= -$100
Answer:
The correct answer is $688
Explanation:
According to the given scenario, the calculation of total pay last week is as follows:
Total hours worked is 42 hours out of which normal hours is 40 and 2 hours is overtime
So,
= 40 hours × $16 + 2 hours × ($16 + $16 ÷ 2)
= $640 + 2 hours × $24
= $640 + 48
= $688
hence, the total pay last week is $688
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Answer:
Kwikee Shoppe
The way that Stella would overcome this bias is:
D. Focus on the stores that she closed that would not have improved with a different manager in place, additional advertising, or sales.
Explanation:
The other listed actions would enable Stella to overcome her personal bias, which may be clouding her sense of judgment. The focus on the stores that she had closed would only puff her ego instead of reducing bias. To focus on the past when Stella is proud of her achievements cannot allow her to objectively review the situation in order to improve on her decisions and performance.
Answer:
See explanation
Explanation:
The free cash flows value relevant to common equity shareholders because they consists of cash that can be distributed to shareholders as dividends. In other words this is Distributable Cash.