Answer:
a. If the interest rate was 8%, how much would you have been prepared to bid for the prize?
this is an ordinary annuity:
annual payment = $9,420,713 / 20 = $471,035.65
number of periods = 19 periods
interest rate = 8%
therefore, the present value annuity factor = 9.6036
the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638
b. Enhance Reinsurance Company was reported to have offered S4.2 million. Use Excel to find the return that the company was looking for.
using the IRR function in Excel, the return that Enhance was looking for was 9.05%
Answer:
Too much globalization is lack of resources which leads to more disease and death
The internal growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum. The tax rate and the dividend payout ratio will be held constant. Current and. The Two Sisters has a 9 percent return on assets and a 75 percent retention ratio.
hope this helps.
Answer:
$7,000,000
Explanation:
Calculation to determine What would be the total compensation indicated by these options
Using this formula
Total Compensation =Beginning options*Fair value of the options
Let plug in the formula
Total Compensation =1,000,000 shares × $7
Total Compensation =$7,000,000
Therefore What would be the total compensation indicated by these options is $7,000,000
