1) Partnership. Nick Selver and Rita Andrew began the company as a partnership.
2) partners: This word best describes the interest-holding people in a partnership
3) Incorporate: This word best describes converting the partnership to a corporation in order to democratize ownership of the company and sell stock publicly
4) Stock Market: This is the market in which shares of a public company are traded on the open market.
Answer:
FV = A(<u>(1 + r)</u>n - 1)
r
FV = 1,000(<u>(1+ 0.08</u>)3 - 1
0.08
FV = 1,000 x 3.2464
FV = $3,246.40
The correct answer is B
Explanation:
In this case, there is need to calculate the future value of an ordinary annuity for 3 years at 8% interest rate.
Answer: Trade Deficit
since import > exports
Answer:
r = 0.37 or 37%
Explanation:
CAPM equation helps us to calculate the required rate of return on a stock based on three factors that include risk free rate, market return and beta of the stock.
The beta tells the systematic risk of the stock. The equation for required rate of return (r) is,
r = rRF + β * (rM - rRF)
Thus, using CAPM, the reuired rate of return for Yahoo stock is,
r = 0.04 + 3.3 * (0.14 - 0.04) => 0.37 or 37%
