Answer:
the maximum initial cost is 25.62674095 million
Explanation:
The computation of the maximum initial cost of the company is shown below:
But before that the discount rate is
= 0.6 ÷ 1.6 × 4.6% + 1 ÷ 1.6 × 10% + 3%
= 10.9750%
Now Maximum initial cost is
=2.3 ÷ (10.975% - 2%)
= 25.62674095 million
Hence, the maximum initial cost is 25.62674095 million
Answer:
The correct answer is D
Explanation:
Amicus curiae briefs, is a group or a person who does not serve the purpose and burdens the Court or who is not a party to an action but persist a strong interest in the matter. So, the filing is not favored.
In this case, documents filed through the interested parties in order to encourage the court, it will known as the Amicus curiae briefs.
Answer:
Total $46,319.9565
Explanation:
We need to calculate the value of the present value of the bond payment
and the maturity using the current market rate
C 2500 (50,000 x 0.10/2)
time 10 (5 years 2 payment per year)
rate 0.06 (12% annual --> divide by 2 to convert semiannual)
PV $18,400.2176
Maturity 50000
time 10
rate 0.06
PV $27,919.7388
PV bond interest payment $18,400.2176
PV maturity payment $27,919.7388
Total $46,319.9565
Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion