Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. You plan to buy a Honda car which currently costs $22,000. The car dealer offers the following two options: you can either borrow the entire amount at low interest rate of 1.99% per year compounded monthly for 36 months or get a cash rebate of $1,200 and borrow at 4.99% per year compounded monthly for 36 months. Which option is better for you?
Lower interest rate since monthly payment is $623
Lower interest rate since monthly payment is $630
Cash rebate rate since monthly payment is $623
Cash rebate rate since monthly payment is $635
2. You charged $1,000 on your credit card for Christmas presents. Your credit card company charges you 18.99% annual interest, compounded monthly. If you make the minimum payments of $30 per month, how long will it take ( to the nearest month) to pay off your balance?
a. 27 months
b. 64 months
c. 48 months
d. 54 months
Wildcat, Inc., has estimated sales (in millions) for the next four quarters as follows: Q1 Q2 Q3 Q4 Sales $ 120 $ 140 $ 160 $ 190 Sales for the first quarter of the year after this one are projected at $135 million. Accounts receivable at the beginni..
Your company sponsors a 401(k) plan into which you deposit 12 percent of your $65,000 annual income. Your company matches 50 percent of the first 5 percent of your earnings. You expect the fund to yield 8 percent next year. If you are currently in th..
Consider the numbers in the previous question. Assume that if the peso were to depreciate, investors figure it will depreciate by 25%. Also, assume that if the Argentine bank were to default on its dollar obligations, it would pay nothing to investor..
Bruce’s 2003 Chevrolet Malibu is pretty old now, and its resale value is low. Since he is always interested in saving insurance premium dollars when appropriate, which of the following types of insurance should he consider dropping??
Soft and Cuddly is considering a new toy that will produce the following cash flows. Should the company produce this toy based on IRR if the firm requires a rate of return of 17.5 percent?
Potter Industries has a bond issue outstanding with a 6% coupon rate with semiannual payments of $30, and a 10-year maturity.
A perpetuity has a original face value of $1,000 and a yield of 4%. what is the annual payment? if the yield rises to 10%, what is the new price? if the price rises to $2,000, what is the new yield?
Today is 01/01/02. On 06/30/03 we will have to make a payment of $100. We can only invest in a risk-free pure discount bond (nominal $100) that matures on 12/31/02 and in a risk-free coupon bond, nominal $100, that pays an annual coupon (on 12/31) of..
New Gadgets is growing at a very fast pace. As a result, the company expects to pay annual dividends of $0.55, 0.80, and $1.10 per share over the next three years, respectively. After that, the dividend is projected to increase by 5 percent annually...
What was the average real return on Crash-n-Burn’s stock?
Which one of the following is an example of a nondiversifiable risk?
What is enterprise data analytics? What are the two most important reasons for using data analytics in business today? Explain.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd