Question
In: Finance
Mitchell Huntzberger recently sold his holdings in the stock market for $297,480 and is planning to...
Mitchell Huntzberger recently sold his holdings in the stock market for $297,480 and is planning to invest the proceeds in a 5 year bank certificate of deposit with a rate of 4.70%. The amount Mitchell will have when the certificate matures is closest to:
A. $374,275.31. B. $236,441.85. C. $323,616.67.
Solutions
jeff jeffy answered 2 years agoRelated Solutions
Mitchell Huntzberger recently sold his holdings in the stock market for $516,990 and is planning to...
Mitchell Huntzberger recently sold his holdings in the stock
market for $516,990 and is planning to invest the proceeds in a
4-year bank certificate of deposit with a rate of 3.45%. The amount
Mitchell will have when the certificate matures is closest to:
A.
$546,508.11.
B.
$592,112.35.
C.
$451,398.55.
Mitchell Huntzberger recently sold his holdings in the stock market for $427,635 and is planning to...
Mitchell Huntzberger recently sold his holdings in the stock
market for $427,635 and is planning to invest the proceeds in a 3
year bank certificate of deposit with a rate of 4.15%. The amount
Mitchell will have when the certificate matures is closest
to:
A. $483,115.61.
B. $452,958.83.
C. $378,525.74.
Mitchell Huntzberger recently sold his holdings in the stock market for $427,635 and is planning to...
Mitchell Huntzberger recently sold his holdings in the stock
market for $427,635 and is planning to invest the proceeds in a 3
year bank certificate of deposit with a rate of 4.15%. The amount
Mitchell will have when the certificate matures is closest to:
A.
$378,525.74.
B.
$452,958.83.
C.
$483,115.61.
Demarius owns investment A and 1 share of stock B. The total value of his holdings...
Demarius owns investment A and 1 share of stock B. The total
value of his holdings is 2,017.94 dollars. Investment A is expected
to pay annual cash flows to Demarius of 330 dollars per year with
the first annual cash flow expected later today and the last annual
cash flow expected in 6 years from today. Investment A
has an expected annual return of 13.56 percent. Stock B is expected
to pay annual dividends of 38.79 dollars forever with the...
Recently, you sold 500 shares of stock for $16.60 a share. the sale was a short...
Recently, you sold 500 shares of stock for $16.60 a share. the
sale was a short sale with an initial margin requirement of 70
percent. The maintenance margin is 35 percent. The stock is
currently trading at $17.80 a share. What is your current short
position in this stock?
Dave’s Delicious Muffins are sold in California and Oregon. They recently conducted a market research test...
Dave’s Delicious Muffins are sold in California and Oregon. They
recently conducted a market research test and discovered that the
price elasticity of demand for their muffins is .8 in Oregon and
1.7 in California. Currently, muffins are sold for $3 apiece in
both locations. They are looking for advice on their pricing
strategy.
Q 41
Question 41
If they increase their price of muffins in California, from $3
to $3.30, what percentage decline would we expect in the quantity...
Dave’s Delicious Muffins are sold in California and Oregon. They recently conducted a market research test...
Dave’s Delicious Muffins are sold in California and Oregon. They
recently conducted a market research test and discovered that the
price elasticity of demand for their muffins is .8 in Oregon and
1.7 in California. Currently, muffins are sold for $3 apiece in
both locations. They are looking for advice on their pricing
strategy.
Q 37
Should they increase their price in Oregon?
Select one:
a. no
b. we need more information to determine
c. yes
Question 38
Should they...
A random sample of 9 recently sold homes in a local market collects the list price...
A random sample of 9 recently sold homes in a local market
collects the list price and selling price for each house. The
prices are listed below in thousands of dollars. A group of
realtors wants to test the claim that houses are selling for more
than the list price.
List Price
490
275
289
349
460
499
325
380
299
Sell Price
485
275
280
360
465
490
340
395
315
(a) Find d¯, the mean of the differences....
Passive Stock Market Investor (PSMI) holds one stock market index ETF in his/her portfolio, but has...
Passive Stock Market Investor (PSMI) holds one stock market
index ETF in his/her portfolio, but has learned that investing in a
bond market index ETF as well may reduce his/her portfolio risk due
to diversification. The annual returns for both ETFs for the last
ten years are listed below. Measured by the standard deviation of
returns, by how much would PSMI’s portfolio’s historical risk been
reduced if PSMI invested 70% in the stock market index ETF and 30%
in the...
Passive Stock Market Investor (PSMI) holds one stock market index ETF in his/her portfolio, but has...
Passive Stock Market Investor (PSMI) holds one stock market
index ETF in his/her portfolio, but has learned that investing in a
bond market index ETF as well may reduce his/her portfolio risk due
to diversification. The annual returns for both ETFs for the last
ten years are listed below. Measured by the standard deviation of
returns, by how much would PSMI’s portfolio’s historical risk been
reduced if PSMI invested 60% in the stock market index ETF and 40%
in the...
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