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If the probability that a fluorescent light has a useful life of at least 800 hours is 0.9, find the probabilities that among 20 such lights
(a) Exactly 18 will have a useful life of at least 800 hours;
(b) At least 15 will have a useful life of at least 800 hours;
(c) At least 2 will not have a useful life of at least 800 hours.
A corporation has decided to provide the pension for key employee who is scheduled to retire in 12 years-What should the annual payments be in order to fund this pension?
ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with nine years to maturity that is quoted at 115 percent of face value. The issue makes semiannual payments and has an embedded cost of 10.2 percent ..
you work for an international construction company that has been contracted to build the tallest skyscraper in the
Calculate the degree of operating leverage for 10,500 and 12,000 based on a starting point of 9,500 used in part b.
consider a project to produce solar water heaters. it requires a 10 million investment and offers a level after-tax
jennifer ponders mutual fundsjennifer hollins is the director of a major charitable organization in lexington kentucky.
Sara was also approached by a bank, wanting her company's business, offered a letter of credit back-up facility with an annual fee of 50 basis point rather than a line of credit. Sara wondered how this would affect the cost of the commercial paper..
What happens to the dollar price that a U.S. (a) importer pays and (b) exporter receives if prices are agreed in euros and the dollar then appreciates by 10 percent with respect to the euro?
RealTimeService offers computer consulting, training and repair services. For the most recent fiscal year, profit was $230,000 as follows.
1. Thornley Machines is considering a 3-year project with an initial cost of $618,000. The project will not directly produce any sales but will reduce operating costs by $265,000 a year. The equipment is depreciated straight-line to a zero boo..
requirementsfor many years japanese financial companies including insurance companies banded assets together as a
How much less could you have deposited last year if you could have earned a fixed rate of 6.5 percent and still have the same amount as you currently will when you retire 38 years from today?
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