A leading broker has advertised money multiplier certificates that will triple your money in nine years;...

A leading broker has advertised money multiplier certificates that will triple your money in nine years; that is, if you buy one for $333.33 today, it will pay you $1,000 at the end of nine years. What rate of return will you earn on these money multiplier certificates?

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jeff jeffy answered 2 months ago

you want to triple your money in 17 years. what is the rate of return if...

you want to triple your money in 17 years. what is the rate of return if the interest rate is compounded quarterly?

Your broker, the leading sales generator at the firm Dewey, Cheatem and Howe, calls you with...

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some years ago, the three leading aluminum producers in the US changed prices nine times by...

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We are evaluating a project that costs $710,000, has a life of nine years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 122,000 units per year. Price per unit is $43, variable cost per unit is $21, and fixed costs are $714,970 per year. The tax rate is 24 percent, and we require a return of 13 percent on this project. The projections given for price,...

We are evaluating a project that costs $933,000, has a life of nine years, and has...

We are evaluating a project that costs $933,000, has a life of nine years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 127,000 units per year. Price per unit is $35, variable cost per unit is $20, and fixed costs are $935,799 per year. The tax rate is 23 percent, and we require a return of 19 percent on this project. The projections given for price,...

How has paying interest on reserves held at the Fed affected the following: money multiplier, lending...

How has paying interest on reserves held at the Fed affected the following: money multiplier, lending and the money supply? Bear in mind we are dealing with a number of different platforms here, so think through your answer.

A nine-year bond has a yield of 15% and a duration of 12.094 years. If the...

A nine-year bond has a yield of 15% and a duration of 12.094 years. If the bond's yield changes up by 15 basis points, what is the percentage change in the bond's price? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "%" sign in your response.) Change in bond's price %

Jason has participated in the flower auction for the last nine years as an agent for...

Jason has participated in the flower auction for the last nine years as an agent for Holt Ltd. (Holt). Every occasion Holt had been given clear direction to buy whatever kinds of flowers he felt the store would need and be able to sell. There always was a wide array of flowers available at the auction; there were exotic flowers like orchids, as well as greenery like vines, and potted plants like camellia bushes and rose bushes. On this, occasion,...

You receive a year-end statement from your broker that details your stock ownership over the years,...

You receive a year-end statement from your broker that details your stock ownership over the years, and the total gain or loss over the holding period for each. You want to devise a method to make a meaningful comparison of the returns in order to determine which stock performed the best and which performed the worst. The problem is, the holding periods all have different starting and ending dates and are different lengths. Stock returns Stock Buy date Buy price...

You are promised to triple your investment in 7 years. What rateof interest per year...

You are promised to triple your investment in 7 years. What rate of interest per year are you being promised?Group of answer choices18.23%Need more information16.99%14.38%

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