What is the present value of an annuity that pays

Assignment Help Financial Management
Reference no: EM132012825

Suppose the interest rate is 7.9 % APR with monthly compounding. What is the present value of an annuity that pays $ 105 every three months for five years?

(Note: Be careful not to round any intermediate steps less than six decimal? places.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132012825


Write a Review


Financial Management Questions & Answers

  Determine the average realized returns of the two stocks

What is the average return and standard deviation of the returns for a portfolio of 70% stock A and 30% stock B?

  What amount of endowment principal

Suppose that a firm wishes to create an endowment for a laboratory. It will earn an interest of 12% per year. Cash requirement are estimated to be $150,000 (to establish it), $40,000 per year indefinitely. Also $30,000 every fourth year and $50,000 e..

  Expected capital gains yield over the next year for bond

What is the current yield for Bond P? what is the expected capital gains yield over the next year for Bond P?

  What is the expected price of this stock one year

What is the expected price of this stock one year from now?

  What elements of the service package take place

If Galen's torque wrench measured a mean value of 61.4 foot-pounds in his re-assembly of the Camry engine, should Fred allow him to perform this work?

  Using triangular arbitrage methods

Using the banks’ offering data below for the Japanese yen, British pound and U.S. dollar, explain how both a profit and loss can be attained using triangular arbitrage methods. Create triangular graphics, similar to to illustrate your process. Includ..

  Preparing tax forma income statement

Connelly Corporation is a preparing a tax forma income statement for the 4th quarter. Solve for earnings after tax

  Some combination of the two

You plan to invest in Stock X, Stock Y, or some combination of the two. determine the betas of stock X and stock Y.

  Recommendation to the management of jeans manufacturing

Evaluate the proposed tightening of credit standards, and make a recommendation to the management of Jeans Manufacturing.

  Find the net initial investment for the new machine

Find the net initial investment for the new machine. Find the after tax salvage value of the new machine when the time comes for it to be sold.

  Pearsons correlation requires at least interval level data

Pearson’s Correlation requires at least interval level data. The effect size measure for Pearson’s correlation is the absolute value of the correlation.

  Calculate the effective interest rate of the two loans

Loan A is repaid monthly while the Loan B is repaid quarterly. Calculate the Effective Interest Rate of the two loans.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd