Answer:
$63.56 million
Explanation:
We are to find the present value of the cash flows in order to determine the value of the contract today
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 0 = $4.00 million
Cash flow in year 1 = $12.09 million
Cash flow in year 2 = $13.36 million
Cash flow in year 3 = $14.17 million
Cash flow in year 4 = $15.26 million
Cash flow in year 5 = $16.43 million
I = 6%
Present value = $63.56 million
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
c). cover letter
Explanation:
A cover letter is a formal letter or document that a job seeker sends to a potential employer together with a resume. The letter details the positions that the vacant applicant seeks to fill. The cover letter or job application letter accords the applicant the opportunity to market themselves to the employer.
In the cover letter, a job seeker states why they are the best candidate for the position. Applicants use the cover letter to convince the employer to hire them.
Currently, 20 countries are part of Latin America. They are: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay and Venezuela. Other than that, there are other territories that are not yet considered countries, but they are part of the list.
Answer:
32%
Explanation:
Since the question, it is mentioned that Mr. Seider owns 32% of the outstanding common stock of Greenfield Corporation. And, he also received the stock dividend of 10%.
But after the stock dividend, the ownership would remain the same i.e 32% because the dividend is based on the ownership criteria. As the dividend is distributed on the number of shares owned by the shareholder. So, the ownership would be 32% after the stock dividend
