The nasdaq composite index peaked at a level

Assignment Help Financial Management

Reference no: EM131813524

In February of 2000 the NASDAQ Composite index peaked at a level of 4,688 ?(just before the Tech Bubble? popped). In February of 2006 it was at a level of 2,052. The NASDAQ index has historically grown at an average annual rate of 8.0%. If the index continues to grow at its historic? rate, then how many years will it take for the index to grow from its Feb 2006 level back to the Feb 2000? level?

Reference no: EM131813524

Questions Cloud

Describe abells three-dimensional business-definition model : Describe Abell's three-dimensional business-definition model and explain where it can be utilized. Then, consider Reader's Digest Association.

Discuss depreciation will equal original cost of the asset : At the end of its estimated useful life, the accumulated depreciation will equal the original cost of the asset under which of the following depreciation method

Prepare the journal entries necessary at december : Prepare the journal entries necessary at December 31, 2012, to record the corrections and changes made to date related to the information provided

Estimate the minimum size sample required : An internet service provider wishes to estimate, to within one percentage point, the current proportion of all email that is spam, with 99.9% confidence.

The nasdaq composite index peaked at a level : In February of 2000 the NASDAQ Composite index peaked at a level of 4,688 ?(just before the Tech Bubble? popped).

Interest rates of your existing and potential new accounts : What is the difference in the effective interest rates of your existing and potential new accounts?

Examine the records of randomly selected students : In order to estimate the proportion of entering students who graduate within six years, the administration at a state university examined the records.

What should be the loss recognized from the sale of machine : The company has recorded monthly depreciation using the straight-line method. On March 1, 2023, the machine was sold for $12,000

Prepare a contribution format income statement for the year : Caltec, Inc., produces and sells recordable CD and DVD packs. Prepare a contribution format income statement for the year segmented by product lines

User Account

All Pages