It will cost $4,000 to acquire a small ice cream cart. cart sales are expected to be $3,200 a year for five years. after the five years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. what is the payback period of the ice cream cart?

Job applications give employers uniform information for all employees, making it easier to

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?