Business, 28.11.2019 00:31 skaterwolf1317
John rider wants to accumulate $115,000 to be used for his daughter’s college education. he would like to have the amount available on december 31, 2023. assume that the funds will accumulate in a certificate of deposit paying 8% interest compounded annually. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) answer each of the following independent questions.
required:
1. if john were to deposit a single amount, how much would he have to invest on december 31, 2018?
2. if john were to make five equal deposits on each december 31, beginning on december 31, 2019, what is the required amount of each deposit?
3. if john were to make five equal deposits on each december 31, beginning on december 31, 2018, what is the required amount of each deposit?
Answers: 2
Business, 22.06.2019 12:30, chycooper101
Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?
Answers: 1
Business, 23.06.2019 02:30, von1144
Driving would be more pleasant if we didn't have to put up with the bad habits of other drivers. a newspaper reported the results of a valvoline oil company survey of 500 drivers in which the drivers marked their complaints about other drivers. the top complaints turned out to be tailgating, marked by 24% of the respondents; not using turn signals, marked by 19%; being cut off, marked by 15%; other drivers driving too slowly, marked by 12%; and other drivers being inconsiderate marked by 5%.
Answers: 1
John rider wants to accumulate $115,000 to be used for his daughter’s college education. he would li...
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