Answer: credit scores can help you better understand your current credit position.
Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.
<h3>Why should Savion sell the car?</h3><h3 />
The profit if he works on the car is:
= Selling price - Addtional work cost
= 5,800 - 2,400
= $3,400
The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.
The $4,000 is irrelevant as it is a sunk cost.
Find out more on sunk costs at brainly.com/question/13695005.
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Answer:
Credit unions
Explanation:
offer higher savings rates and lower interest rates on loans
Answer:
$51.86
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Cost of equity = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 3% + 0.76 × 6%
= 3%+ 4.56%
= 7.56%
The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.
Now the stock price at the end of the year would be
Price of stock = (Today price + dividend ) ÷ (1 + cost of equity)
$51 = (Today price + $3) ÷ (1 + 7.56%)
So, the today price would be
= $51.86
Answer:
c.
Figure out how much you need, then comparison shop using the Web and other resources.
Explanation:
I took the test
