Answer:
Pirate Recording Company Inc.
The firm's stock would most likely be classified as a(n):
growth stock.
Explanation:
Since Pirate Recording Company's stock is expected to grow rapidly more than the market average, it is regarded as a growth stock. Stockholders expect to make more capital gains by selling the stocks in the future than from collecting dividends. As Pirate Recording is in an expansion mood, with new capital injections of $150 million, it will be retaining its earnings to pursue its growth potential, thus, further exciting potential stockholders.
Answer:
sorry if this dosent help
Explanation:
Considering the leap from being a product manager to a leadership role, but not sure what’s involved in managing product managers? You’re smart to look into this. The responsibilities of product leadership and the skills required, are very different those of a product manager.
Managing product managers can be an exciting and rewarding career. But before we jump into the details, here’s one key point that might change your perspective.
Answer:
In order to have $2,000 in five years time $1481.48 must be invested today at 7.0% simple interest
Explanation:
The amount to invest in the CD now can be computed using the present value formula,which is given below:
A=P*(1+rn)
P=A/(1+rn)
A is the future value which is expected cash flow in 5 years time i,e $2000
r is the rate of return on the CD which is 7.0%
n is the number of years the funds would be placed in the CD and that is 5 years
P=$2000*(1+7.0%)^-5
P=$2000/1+(0.07*5)
P=$2000/(1+0.35)
P=$2000/1.35
P=$1481.48