You have a loan outstanding. it requires making three annual payments of $1000 each at the end of the next three years. your bank has offered to allow you to skip making the next two payments in lieu of making one large payment at the end of the loan's term in three years. if the interest rate on the loan is 5%, what final payment will the bank require you to make so that it is indifferent to the two forms of payment? berk, jonathan; demarzo, peter; harford, jarrad (2017-01-18). fundamentals of corporate finance (berk, demarzo & harford, the corporate finance series) (page 121). pearson education. kindle edition.
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Business, 21.06.2019 13:30, chonawilson4
Employees who are paid to complete a task, such as build a house, are paid on a(n) basis
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Business, 22.06.2019 20:40, ninjaben
On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share
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Business, 22.06.2019 22:30, dontcareanyonemo
Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:
Answers: 1
You have a loan outstanding. it requires making three annual payments of $1000 each at the end of th...
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