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ohaa [14]
3 years ago
11

Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

Business
1 answer:
mr_godi [17]3 years ago
4 0

Answer:

38,000

explanation:

take 30,00+1,800(interest paid)=$38,000 (yearly payment)

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By means of the internet search for an employment test that may be used in companies for selection purposes give the name of at
uysha [10]

Answer:

The two companies are:

1. Mercer

2. Aen

Explanation:

1. The name of the tests. The tests are administered online https://www.practiceaptitudetests.com/top-employer-profiles/mercer-assessments/. There are four categories:

The various categories of tests are:

  1. Numerical
  2. Verbal
  3. Logical
  4. Situational
  5. Publisher

2. Adaptive Employee Personality Test (ADEPT-15®)

This is also administered online at https://www.asia.aonhumancapital.com/home/for-employers/people-and-performance/employee-assessment-and-selection/adaptive-employee-personality-test

This one is more personality inclined. It is for determining employees who are culture fit.

Cheers

3 0
3 years ago
You are considering the purchase of a common stock that paid a dividend of $3.00 yesterday. You expect this stock to have a grow
Ray Of Light [21]

Answer:

$50.8

Explanation:

As per given Data

Dividend Paid = $3

Worth of the stock is the present value of all the cash flows associated with the stock. Dividend is the only cash flow that a stock holder receives against its investment in the stocks. We need to calculate the present values of all the dividend payments.

Formula for PV of dividend

PV of Dividend = Dividend x ( 1 + growth rate )^n x ( 1 + r )^-n

1st year

PV of Dividend = $3 x ( 1 + 20%)^1 x ( 1 + 14% )^-1 = $3.16

2nd year

PV of Dividend = $3 x ( 1 + 20%)^2 x ( 1 + 14% )^-2 = $3.32

3rd year

PV of Dividend = $3 x ( 1 + 20%)^3 x ( 1 + 14% )^-3 = $3.50

After three years the dividend will grow at a constant rate of 5%, so we will use the following formula to calculate the present value

PV of Dividend = [ $3 x ( 1 + 20%)^3 x ( 1 + 5%) / ( 14% - 5% ) ] x [ ( 1 + 14% )^-3 ]

PV of Dividend = $40.82

Value of Stock = $3.16 + $3.32 + $3.50 + $40.82 = $50.8

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3 years ago
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8 0
2 years ago
g An investment bank agrees to underwrite an issue of 5 million shares of stock for Longard Corp. (1). If the investment bank un
Genrish500 [490]

Answer:

Longard Corp.

The money that Longard Corp. receives is:

= $75 million.

Explanation:

a) Data and Calculations:

Number of shares issued = 5 million

Investment bank underwriter pays per share to Longard Corp = $15

Stock price to the public = $20 per share

Total amount received from the underwriter = $75 million ($15 * 5 million)

b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer.  It then charges $5 per share (representing a total underwriting fee of $25 million).  This is why it remits only $75 million to Longard Corp.

6 0
3 years ago
A company issues $60,000 of 6%, 5-year bonds dated January 1 that pay interest semiannually on June 30 and December 31 each year
bekas [8.4K]

Answer:

Decrease, $2,000

Explanation:

The premium on bonds payable will <u>decrease </u>total interest expense recognized over the life of the bond by <u>$2,000</u>. The difference between the face value & the issue value $2,000 ($62,000 - $60,000) should be amortize over a period of time and of which is reduced from interest expense.

6 0
3 years ago
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