Answer:
$22,897.74
Explanation:
Given:
Loan amount (P) = $22,000
rate (R) = 8% = 8/100=0.08/365 = 0.000219178082
Number of days(n) = 6 month = (6 x 365)/12 = 182.5
Total Amount = ?
![A = P(1+ I)^n\\A = 22,000(1+0.000219178082)^{182.5}\\=22,000(1.000219178082)^{182.5}\\=22,000(1.04080658)\\= 22,897.744](https://tex.z-dn.net/?f=A%20%3D%20P%281%2B%20I%29%5En%5C%5CA%20%3D%2022%2C000%281%2B0.000219178082%29%5E%7B182.5%7D%5C%5C%3D22%2C000%281.000219178082%29%5E%7B182.5%7D%5C%5C%3D22%2C000%281.04080658%29%5C%5C%3D%2022%2C897.744)
Therefore, he have to pay $22,897.74 to the bank.
Answer:
E. identifying resources and capabilities in the company's home market.
Explanation:
Expanding into international markets gives a company access to new markets, thereby increases the number of its customers. The company will have to increase its production to cater to a large number of customers. Bulk production results in the company enjoying economies of scale.
For a company to enjoy to consider international markets, it must have already identified its capabilities in the domestic market. The reason for seeking foreign markets if to fully exploits its existing capabilities and resources. Expanding to international markets involves building on the already identified resources and abilities.
Answer:
3,500 units
6,000 units
Explanation:
Given:
Sales Price = $15 per unit
Variable cost = $3 per unit
Fixed cost = $42,000 per month
A. Break even point
Break even point(in units) = Total fixed cost / (Sales Price - Variable cost)
= $42,000 / ($15 - $3)
= $42,000/ $12
= 3,500 units
B. Number of sales unit
Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)
= ($42,000 + $30,000) / ($15 -$3)
= $72,000 / $12
= 6,000 units
<span>Geri is a minor. Without her parents' knowledge, she signs a contract to buy an airline ticket to Hawaii for spring break. Geri's parents are liable for no part of the price of the ticket. This is because minors lack the legal capacity to make a contract.</span>
Answer:
Explanation:
a)We find the portfolio weights first. For a two security portfolio
![sP^2 = x_1^2s_1^2 + 2x_1x_2s_1s_2r_1_2 + x_2^2s_2^2](https://tex.z-dn.net/?f=sP%5E2%20%3D%20x_1%5E2s_1%5E2%20%2B%202x_1x_2s_1s_2r_1_2%20%2B%20x_2%5E2s_2%5E2)
![(0.10)^2 = 0 + 0 + x_2^2(0.16)^2](https://tex.z-dn.net/?f=%280.10%29%5E2%20%3D%200%20%2B%200%20%2B%20x_2%5E2%280.16%29%5E2)
x2 = 0.625 and x1 = 0.375
Then
rp = x1r1 + x2r2
rp = (0.375 ´ 0.06) + (0.625 ´ 0.14)
= 0.11
= 11.0%
Hence, he can improve the expected rate of return without any change in the risk of the portfolio.
b)
The expected return is:
rp = x1r1 + x2r2
rp = (0.5 *´ 0.09) + (0.5 ´* 0.14)
= 0.115 = 11.5%
![sP^2 = x_1^2s_1^2 + 2x_1x_2s_1s_2r_1_2 + x_2^2s_2^2](https://tex.z-dn.net/?f=sP%5E2%20%3D%20x_1%5E2s_1%5E2%20%2B%202x_1x_2s_1s_2r_1_2%20%2B%20x_2%5E2s_2%5E2)
sP2 = (0.5)^2(0.10)^2 + 2*(0.5)(0.5)(0.10)(0.16)(0.10) + (0.5)^2(0.16)^2
sP2 = 0.0097
sP = 0.985 = 9.85%
Hence, he can never perform better by investing equal amount in bond portfolio and index fund. The expected return increases to 11.5% and standard deviation decreases to 9.85%.