Answer:
$125
Explanation:
Time value = Premium - Intrinsic value
Premium. = 2 or $200 i.e 2×100
Intrinsic value = 75
= $200 - $75
= $125
Answer:
Amount invested at 5.75% = $30,000
Amount invested at 7.25% = $14,000
Explanation:
Let the amount invested
at 5.75% = X
at 7.25% = Y
According to given condition
X + Y = $44,000 ( Eq 1)
and
0.0575X + 0.0725Y = $2,740 ( Eq 2)
By multiplying ( Eq 1) with 0.0575
0.0575X + 0.0575Y = $2,530 ( Eq 3)
By subtracting ( Eq 3) from ( Eq 2)
0.0725Y - 0.0575Y = $2,740 - $2,530
0.015Y = 210
Y = 210 / 0.015
Y = $14,000
X + $14,000 = $44,000
X = $44,000 - $14,000
X = $30,000
Check:
$30,000 x 5.75% + $14,000 x 7.25% = $2,740
$2,740 = $2,740
A client finances a newly constructed home with a federal housing management mortgage, the FHA requires the builder is The FHA set requirements for production and underwriting and insures loans made through banks and other private creditors for domestic building.
Finance is described because of the control of cash and consists of activities inclusive of making an investment, borrowing, lending, budgeting, saving, and forecasting. There are 3 primary forms of finance: (1) private, (2) company, and (3) public/government. The finance subject includes 3 fundamental subcategories: personal finance, corporate finance, and public (authorities) finance. customers and organizations use monetary services to collect economic goods and obtain economic desires.
Financing is the technique of providing finances for enterprise activities, making purchases, or making an investment. financial establishments, which include banks, are in the enterprise of offering capital to companies, consumers, and investors to help them attain their dreams.
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Answer:
$5.89
Explanation:
The computation of current dividend per share is shown below:-
(Dividend in One Year) ÷ Current Price
= 14% ÷ 2
= 7%
Dividend = Dividend yield × Stock currently sold per share
= 0.07 × $90
= 6.3
Current dividend per share = Dividend ÷ (1 + Dividend yield)
= 6.3 ÷ (1 + 0.07)
= 6.3 ÷ 1.07
= $5.89
Therefore for computing the current dividend per share we simply applied the above formula.