Answer:
22 is the right answer bro fgjjfycugyvyygyghu
Answer:
1,073.54 total interest
Explanation:
39,000 x 9% x 80days/360 = 780 interest expense
Payment 4,200 - 780 = 3,420 deducted form the note:
39,000 - 3,420 = 35,580
35,580 x 9% x 33/360 = 293.54 interest expense
6,200 - 293.54 = 5,906.47 deduced form the note
35,580 - 5,906.47 = 29,673,53
293.54 interest expense
780 interest expense
1,073.54 total interest
Answer:
FTC: prohibits deceptive practices and provides information about choosing products
SEC: prohibits insider trading and regulates brokers and investment advisers
Answer:
The stock price is 38.63
Explanation:
We use the gordon model to calculate the horizon value and with htat the value of the stock:
![\frac{D_1}{r-g} = PV\\\frac{D_0(1+g)}{r-g} = PV\\](https://tex.z-dn.net/?f=%5Cfrac%7BD_1%7D%7Br-g%7D%20%3D%20PV%5C%5C%5Cfrac%7BD_0%281%2Bg%29%7D%7Br-g%7D%20%3D%20PV%5C%5C)
D1 = 2.60 x 1.04 = 2.704
rate of return 11% = 0.11
grow rate = 4% = 0.04
![\frac{2.704}{0.11-0.04} = PV\\](https://tex.z-dn.net/?f=%5Cfrac%7B2.704%7D%7B0.11-0.04%7D%20%3D%20PV%5C%5C)
P0 = 38.62857143
The taxes should be ignored as the gordon model do not include them in the calculations
Answer:
1. What is the Commerce Clause?
The Commerce Clause refers to the power held by Congress to regulate interstate commerce. Individual states can regulate commerce that takes place within their territory, but they cannot regulate trade between entities from their state and entities from other states.
2. Will the Arizona regulation withstand Commerce Clause scrutiny? Why or why not?
This is an actual court case and the US Supreme Court ruled against Arizona's regulation because it interferes with interstate commerce. The cantaloupes that Bruce Church produced were supposed to be sold in California, that means that 2 states are involved. The Commerce Clause applies whenever trade between 2 states are involved. An individual state's regulations cannot result in a burden for businesses engaged in interstate commerce.