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Mark wants to withdraw $6,500 at the end of three years and $8,000 at the end of five years. He wants to do this in such a way that the account balance drops to zero after the last withdrawal. Assuming that the interest rate is 5%, how much money should Mark deposit today to ensure that his needs are met?
$6,268.21
$11,883.15
$5,614.94
$653.26
Explain how Activity Based Costing can benefit Corporations. You may wish to give an example of a company where activity based costing could be applied.
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The chief financial officer suggested that in the coming year all 120,000 sq yds should be devoted to Bermuda grass.
The risk free rate is 3%, the market risk premium is 3.6% & the beta is 1.10. The market is at equilibrium, using the above information: What are the dividends 1 year from now?
Write a half-page pamphlet in everyday language that could be used to educate your client about port olio formation. It was found, from the results of a special MRI scan calibrated to detect preferences for risk and return,
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The trading cost per sale or purchase of marketable securities to be $35.50 per transaction. What will be its optimal cash return point?
Finally, they talk with various financial advisers and other investors to gather additional information.
1. define social responsibility.2.list the three main reasons for government regulation of businesses.3.explain the
Your brother who is 6 years old, just received a trust fund that will be worth $24,000 when he is 21 years old. If the fund earns 0.11 interest compounded annually, what is the value of the fund today?
Property insurance on the building is $9,000 per year and will not change because of the new activity. How much of the insurance premium should be allocated to the new product line?
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