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The vice president of a bank wishes to provide banking services so that the probability of the number of waiting customers being greater than 8 is less than .07. The vice president of a bank wishes to provide banking services so that the probability of the number of waiting customers being greater than 8 is less than .07. Would this condition be satisfied if the number of waiting customers is a Poisson random variable with a mean of 5? Justify your answer with appropriate calculations.
Dividends have grown at the rate of 4.6% per year and are expected to continue to do so for the for the foreseeable future. What is Cryton's cost of capital where the firms tax rate is 30%?
If the cost of common equity for the firm is 18.2%, the cost of preferred stock is 10.9% , the before tax cost of debt is 7.6% and the firm's tax rate is 35% what is QM's weighted average cost of capital?
Read the two articles in the links below about affinity credit cards and schools. After reading these, do you think universities should enter into agreements to offer affinity credit cards to students? Why or why not? Discuss the ethics of such offer..
If the firm could purchase a press that would provide slightly better quality and $26,000 annual cash inflow for 10 years for a price of $120,000 which alternative would you recommend? Why?
1. Interest on a certain issue of bonds is paid annually with a coupon rate of 8%. The bonds have a par value of $1,000. The yield to maturity is 9%. What is the current market piece of these bonds? The bonds will mature in 5 years.
Explain why the Madoff scam could exist for so long. Explain why manias and financial frauds will continue to occur and why they are difficult to extinguish.
Which of these two bonds should the investor select? Why?
your current supervisor has asked for your assistance with shredding some office documents. you have some understanding
How much will Earl's and Ivana's savings programs be worth at the retirement age of 65? Who is better off financially at retirement, and by how much?
Zoro Corporation has a beta of 2.0. The risk-free rate of interest is 5%, and the return on the stock market overall is expected to be 13%. What is the required rate of return on Zoro stock?
How comfortable do you feel with analyst's recommendations? Can you see how they can be in error sometimes?
use bank of america ba 2012 annual report to answer the following questions1. what are the types of deposits that ba
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