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Alborosie
3 years ago
10

Help I need someone to do this fast I need it by tomorrow

Business
1 answer:
katen-ka-za [31]3 years ago
5 0

\huge\ \red \star\huge{ \green{\bold {\underline {\underline {\orange {Answer}}}}}} \ \purple \star

Good night

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Calculating the Amount for a Home Equity Loan. A few years ago, Michael Tucker purchased a home for $100,000. Today the home is
e-lub [12.9K]

Answer:

The maximum amount that Michel can borrow is 70,000 dollars.

Explanation:

Please see attachment .

3 0
4 years ago
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
suter [353]

Answer:

The stock will trade for 4.30 dollars in the market

Explanation:

The stock will be valued at the discounted value of their future cash flow.

w calculate the cas flow by multiplying by the grow rate given.

Then we discount using the present value of a lump sum:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $0.5000  

time   3.00  

rate  0.18

\frac{0.5}{(1 + 0.18)^{3} } = PV  

PV   0.30  

Then, for the entire of the dividend after year 6th we use the gordon model:

dividends / (rate - grow) and then we discount that

\frac{dividends}{return - growh}

Y# Cashflow Discounted

0 0          

1 0        

2 0          

3 0.5                 0.304315436

4 0.825         0.425525822

5 1.36125          0.595014921

6 1.4565375 2.971555503

Total 4.296411682

8 0
4 years ago
You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on
jeyben [28]

Answer:

$63,852

Explanation:

The computation is shown below:

a) PV of payments is

= $23,500 × (1.07^30 - 1) ÷ (0.07 × 1.07^30)

= $2,91,612

b) The Loan PV of payments is $3,00,000

c) And, the Balloon payment required is

= (Borrowed amount - loan PV payments) × (1 + rate of interest)^number of years

= ($300,000 - $291,612) × 1.07^30

= $63,852

5 0
3 years ago
Which one of the following stock index futures has a multiplier of $10 times the index value?
stiv31 [10]

Answer: b. Dow Jones Industrial Average

Explanation: The Dow Jones Industrial Average index futures has a multiplier of $10 times the index value which is used to calculate contract settlements and helps determine the dollar value of each point of price movement. For example, Dow multiplier is 10, meaning each Dow point is worth $10 per contract.

7 0
4 years ago
5. Find an example of a video ad either on TV or on the Internet, and then answer the
mezya [45]

Answer:

nike brand add

Explanation:

the add Brings inspiration and innovation to every athlete in the world by creating groundbreaking sport innovations, by making our products more sustainably, by building a creative and diverse global team and by making a positive impact in communities where we live and work.

8 0
3 years ago
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