Alumnus of west virginia university

Assignment Help Finance Basics
Reference no: EM13754239

An Alumnus of West Virginia University whishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely. The donor plans to give money now and for each of the next 2 years. If the size of each donation is exactly the same, the amount that must be donated each year at I = 8% per year is closest to:

  • $190,820
  • $122,280
  • $127,460
  • $132,040

How much must be deposit in your retirement account each year for 10 years starting now if you want to be able to withdraw $50,000 per year forever beginning 30 years from now? Assume the account earns interest at 10% per year.

  • $4,239
  • $4,662
  • $4,974
  • $5,471

Additional Requirements

Level of Detail: Only answer needed

Reference no: EM13754239

Capital expenditures and depreciation grow

Assuming that revenues, capital expenditures and depreciation grow 10% a year and that net income grows 12% a year for the next four years, and that the non-cash working cap

Range of outcomes and probabilities

An investment has the following range of outcomes and probabilities. Outcomes (Percent) Probabilities of Outcomes 5% .30 7% .25 12% .45 Calculate the expected value and the

Calculate your total percentage return

You purchase 1,000 shares of Spears Grinders, Inc. stock for $45 per share. A year later, the stock      pays a dividend of $1.25 per share, and it sells for $49.

Should diamond bank pursue this strategy

Diamond Bank considers borrowing 10 million Singapore dollars in the interbank market and investing the funds in dollars for 60 days. Estimate the profits (or losses) that c

What are the values of the real money supply and the current

Suppose that the nominal money supply is growing at the rate of 10% per year and that this growth rate is expected to persist forever. Currently, the nominal money supply is M

What production capacity will ideko require each year

Under the assumptions that Ideko’s market share will increase by 0.5% per year (implying that the investment, financing, and depreciation will be adjusted as described in Prob

Find the current price of bonds

The Morgan Corporation has two different bonds currently outstanding. Bond M has a face value of $27,500 & matures in 17 years. The bond makes no payments for the 1st seven ye

Computation of forward rate agreements

On the 15th of May 2013 you enter a Forward  Rate Agreement (FRA)  to borrow on the 15th of September 2013 $1'000'000 for 8 months at a fixed annualized interest rate of 5%


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd