Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment-This statement is False
Explanation:
Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment
The above statement is false, since it is a bad investment because after figuring out the stock's value you get $108.15, which is less than what you initially paid for it.
Answer:
4284 persons
Explanation:
The new population of the town will be computed as:
Increase in population = Current population × Increase in population %
where
Current population is 4200 persons
Increase in population % is 2%
Putting the values above:
= 4200 persons × 2%
= 84 persons
So, the new population would be:
New population = Current population + Increase in population
= 4200 + 84 persons
= 4284 persons
Therefore, next year, there would be 4284 persons
Answer:
having declining price levels affect the reinvestment rate of your current income stream
Answer:
D
Explanation:
Whether or not workers compensation applies to this situation depends on the office policy regarding the proper closing of computer desk drawers.
Answer:
c. 7%
Explanation:
According to the given scenario, the computation of the annual stated interest rate on the bonds is shown below:-
Sated interest Rate = Cash interest ÷ Face Value of the bond × 2
= $7,000÷ $200,000 × 2
= 7%
Therefore for computing the annual stated interest rate on the bonds we simply applied the above formula. hence the correct option is c