Question
In: Finance
A student is trying to value an internship opportunity for the upcoming summer. The internship will...
A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay her $2,147.00 at the end of each month. She will also get a “signing” bonus at the beginning of the internship for $585.00. If the student values this opportunity with a 3.72% APR with monthly compounding, find the value to her today.
Solutions
Expert Solution
monthly rate of interest = 3.72%/12 = 0.31%
| rate | 0.3100% | ||
| Cash flows | Year | Discounted CF= cash flows/(1+rate)^year | Cumulative cash flow |
| 585.00 | 0 | 585.00 | 585.00 |
| 2,147.00 | 1 | 2,140.36 | 2,725.36 |
| 2,147.00 | 2 | 2,133.75 | 4,859.12 |
| 2,147.00 | 3 | 2,127.16 | 6,986.27 |
Value of this opportunity = 6,986.27
jeff jeffy answered 2 years agoRelated Solutions
A student is trying to value an internship opportunity for the upcoming summer. The internship will...
A student is trying to value an internship opportunity for the
upcoming summer. The internship will last three months and pay her
$2,271.00 at the end of each month. She will also get a “signing”
bonus at the beginning of the internship for $850.00. If the
student can invest this money in an account that pays 5.04% APR
with monthly compounding, what is the value of her account at the
end of her internship?
Answer format: Currency: Round to: 2...
A student is trying to value an internship opportunity for theupcoming summer. The internship will...
A student is trying to value an internship opportunity for the
upcoming summer. The internship will last three months and pay her
$2,336.00 at the end of each month. She will also get a “signing”
bonus at the beginning of the internship for $650.00. If the
student can invest this money in an account that pays 5.64% APR
with monthly compounding, what is the value of her account at the
end of her internship?
Recall a time in a co-op placement, a summer job, an internship, a student club, a...
Recall a time in a co-op placement, a summer job, an internship,
a student club, a student team project, etc. when your values
conflicted with what you were expected to do in a particular,
nontrivial decision, and you spoke up and acted to resolve the
conflict.
Consider the following and write down your thoughts:
What did you do, and what was the impact?
What motivated you to speak up and act? Identify the values
that conflicted with what you were...
A, is a financial institution such as a VISA credit card company for a summer internship...
A, is a financial institution such as a VISA credit card company
for a summer internship a good idea and how does this internship
directly or indirectly affect career goals for economics finance
track second-year student? max 300 words
2. can someone also help me on this question for financial
instructions, What do you perceive as being the most challenging
personal or professional aspect of your summer experience? How do
you plan to overcome this/these challenge/s? up to 300 words...
You apply for a summer internship with a startup company, and your chance of getting an...
You apply for a summer internship with a startup company, and
your chance of getting an offer
is 80% if you well prepare for an interview. Otherwise, you
will only get 20% chance for an
offer. Suppose that the likelihood of your preparation going
well is 30%. What is the probability
that you get the internship?
On the first day of your summer internship, you've been assigned to work with the Chief...
On the first day of your summer internship, you've been assigned
to work with the Chief Financial Officer (CFO) of SanBlas Jewels
Inc. Not knowing how well trained you are, the CFO has decided to
test your understanding of interest rates. Specifically, she asks
you to provide a reasonable estimate of the nominal interest rate
for a new issue of Aaa-rated bonds to be offered by SanBlas Jewels
Inc. The final format that the chief financial officer of SanBlas
Jewels...
you landed a summer internship with a company that processes dental insurance claims for insurance companies....
you landed a summer internship with a company that processes
dental insurance claims for insurance companies. The company
receives the insurance claims from dental offices, achieves
authorization from the correct insurance company, and sends payment
checks. You do not deal with dental customers directly; instead,
you work with insurance companies on one side and dental offices on
the other.
After two months with the company, you think a number of frauds
may be occurring, and you feel the best way...
You have an internship this summer for the Cook County Department of Public Health. Your job...
You have an internship this summer for the Cook County
Department of Public Health. Your job is to work with the West Nile
Virus group. You need to identify possible reservoirs, vectors, and
determine how many people have been infected this year. Discuss
which three types of organisms you will be examining and why.
You are trying to value the following investment opportunity: The investment will cost you $24,197 today....
You are trying to value the following investment opportunity:
The investment will cost you $24,197 today. In exchange for your
investment, you will receive monthly cash payments
of $5,014 for 10 months. The first payment will occur at the end of
the first month. The applicable effective annual
interest rate for this investment opportunity is 8%. Calculate the
NPV of this investment opportunity. Round to two decimals (do not
include the $-sign in your answer).
A random sample of 75 students revealed 0.25 had acquired an internship for summer 2020 before...
A random sample of 75 students revealed 0.25 had acquired an
internship for summer 2020 before February 2020. If an associated
confidence interval started at 0.152 and ended at 0.348, what was
the level of confidence?
Group of answer choices
a) 90
b)80
c)99
d)95
For a t distribution with n = 19, find the probability for the
following region:
To the left of +2.5524
a)0.51
b)0.49
c)0.99
d)0.91
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- . Use the following information to calculate your company's expected return State Probability Return Boom 20%...
- You are considering the following two projects and can only take one. Your cost of capital...
- C++: Write a program that produces truth tables for the following compound propositions. Write the header...
- 1. What is the historical role of investment bankers ? Has this role changed ? Why...
- How were the original Internet requirements met through its design? What are the two main requirements...
- discuss crowdfunding on platforms: What features of the services incorporate virality? What are some of the...
- A textbook of mass 2.08 kg rests on a frictionless, horizontal surface. A cord attached to...
ADVERTISEMENT