+1-415-670-9189
info@expertsmind.com
Find opportunity cost of the trip
Course:- Finance Basics
Reference No.:- EM1349673





Assignment Help >> Finance Basics

You can either spend spring break working at home in Alabama for $100 a day for five days, or you can spend the week in Costa Rica where travel expenses will total $800 (food, hotel, and a plane ticket.) What is the opportunity cost of the trip to Costa Rica? Explain how you determined your answer.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Finance Basics) Materials
Assume that you would normally not carry any bank balance that would meet the 20 percent compensating balance requirement. What is the rate of annual interest on each loan?
Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 15 percent, a beta of 1.6, and a standard deviat
The market is not normal. You propose a new, different method. Your model will lead to a higher valuation of the derivative investment. Your supervisor has told you, in no u
What is the required rate of return on a stock with a $2.50 expected dividend and a $19 price with 6% growth? What is the growth rate of the stock with a $3.00 expected divide
The bonds have a par value of $1,000, a current price of $930, and will mature in 20 years. What would the annual yield to maturity be on the bond if you purchased the bond
A 10-year corporate bond has a yield of 9%. Assume that the liquidity premium on the corporate bond is 0.7%. What is the default risk premium on the corporate bond? Round yo
Using only annual numbers, please calculate the common financial ratios found in table 3.5 in the textbook for these companies(Look at the attached slide# 11). What do these
You should try and reflect on the information obtained for your industry and strategy analysis and accounting analysis as you approach both the financial analysis and forec