Paula is trying to get a loan for $10,000 to start a business as a financial advisor and is trying to decide between several options. (15 points)

i) A $10,000 loan that needs to be paid back after 5 years with a 5% nominal annual interest rate, compounded monthly.
ii) A $10,000 loan that needs to be paid back after 6 years, the first 2 years there is no interest, and after the annual effective interest rate is 10%.
Hint: When solving for the annual payment consider PV=A+A+A(P/A, i%,n), where A is the uniform annual payment.

Assuming that in each case he plans to make equal yearly payments for the full length of the loan, starting in year 1: a. What is the amount of his yearly payment in each case? (2*5 points) b. Now assume that the interest rate of the market is an effective annual rate of 3%, what is the present value of the annuity payments for each option? Based on this metric, which is better? (4+1 points)

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal. b) rental rates in france will increase. c) wages in france will decrease. d) rental rates in portugal will increase.

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?