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Ann [662]
3 years ago
9

andy hastings borrowed 500 shares of stock from a broker. this stock is currently selling for $25 a share ($12500). the commissi

on was $125 . three weeks later the price of the stock was $22.50 a share so he bought the 500 shares. the commission was $115. he returned a stock certificate for 500 shares to the broker. what is the rate of return?
Business
1 answer:
Serhud [2]3 years ago
8 0

Answer:

I don't really know the answer

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If he wanted the cash award of each of the five prizes to be $45,000 and his estate could earn 7% per year, how much would he ne
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Answer:

The answer is $3,214,285.71

Explanation:

Price of each award is $45,000

And there are 5

Therefore, we have 5 x $45,000

=$225,000.

So, $225,000 is the future value.

Rate of return(r) in 7% and it is being assumed that it is forever.

So, so how much will be needed to fund his prizes(present value)?:

PV = FV/r

= $225,000/0.07

=$3,214,285.71

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3 years ago
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Answer:

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3 years ago
Select two skills and two personal values that you feel you have to offer in the workplace. Discuss the importance of these skil
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D. Stick to established rules whenever possible; avoid negotiation.
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3 years ago
Which statement best describes the two billing cycle method that some credit card companies use
Alborosie

Answer:

Double-cycle billing is a method used by creditors, usually credit card companies, to calculate the amount of interest charged for a given billing period. It takes into account not only the average daily balance of the current billing cycle (usually one month), but also the average daily balance of the previous cycle.

Explanation:

idk...my mom helped me answer this for you

3 0
3 years ago
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