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You are serving a jury. A plaintiff is suing the city for injuries sustained after a freak street sweeper accident. In the trial doctors testify that it will be five years before the plaintiff is able to return to work. The jury has already decided in favor for the plaintiff. You are the foreperson of the jury and propose that the jury give the plaintiff an award to cover the following: (a) The present value of two years back pay. The plaintiff annual salary for the past two years would have been 47,000 and 50,000 respectively. (b) The present value of five years'future salary. You assume the salary would be 54,000 per year. (c)$150,000 for pain and suffering (d) $20,000 for court costs. Assume that the salary payments are equal amounts paid at the end of each month. (E) If the interest rate you choose is a 9 percent EAR, what is the size of the settlement? (F) If you were the plaintiff, would you like to see a higher or lower interest rate?
If you had to describe or define generally accepted accounting principles or standards, what essential characteristics would you include in your explanation?
International Finance multiple choice questions - How many US dollars will it take to purchase a Canadian item valued at 543 Canadian? 10. "Tariff" is a trade restriction. List one other trade restriction.
What is the value of SGP to Brau and find the formula to calculate HV Value?
When a corporation uses the financial markets to raise new funds, the sale of securities is said to be made in the primary market and Capital markets refer to those markets dealing with securities that have a life of one year or less and money mark..
The interest rate on all debt is 10% and cash earns no interest income. Assume that all additional debt is added at the end of the year which means that you should base the forecasted interest expense on the balance of debt at the start of the ye..
What is the market value of the debt and what is the market value of the firm also find what is the stock price?
You are planning to buy of new car. You have negotiated with the salesperson at dealership & you can buy the vehicle for $30,000.
X Ltd. went into liquidation. Its assets realized Rs.1,75,000, excluding the amount realized by sale of securities held by the secured creditors.
The price in the market to day fairly reasonable to buy using CAPM and what point will the stock reach an "equilibrium" at which it again is perceived as fairly priced?
Past year Mike bought 100 shares of Dallas Company common stock for dollar 53 per share. During the year he earned dividends of $1.45 per share.
Financial institutions are subject to regulations to ensure that they do not take many risk & can safely facilitate the flow of funds through financial markets.
Determine the long-run earnings growth rate for MLWT and the current (date 0) share price for MLWT
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