Questions
An investment pays $1,900 per year for the first 4 years, $3,800 per year for the...

An investment pays $1,900 per year for the first 4 years, $3,800 per year for the next 7 years, and $5,700 per year the following 12 years (all payments are at the end of each year). If the discount rate is 7.70% compounding quarterly, what is the fair price of this investment?

Work with 4 decimal places and round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72.

In: Finance

Can you please implement this in Oracle sql Write a SELECT statement that returns one row...

Can you please implement this in Oracle sql

  1. Write a SELECT statement that returns one row for each customer that has orders with these columns:

The email_address from the Customers table

A count of the number of orders

The total amount for each order (Hint: First, subtract the discount amount from the price. Then, multiply by the quantity.)

Return only those rows where the customer has more than 1 order.

Sort the result set in descending sequence by the sum of the line item amounts.

In: Computer Science

The Huff Co. has just gone public. Under a firm commitment agreement, the company received $17.64...

The Huff Co. has just gone public. Under a firm commitment agreement, the company received $17.64 for each of the 3.2 million shares sold. The initial offering price was $22.50 per share, and the stock rose to $24.15 per share in the first day of trading. The company paid $984,900 in direct legal and other costs and incurred $340,000 in indirect costs. What was the flotation cost as a percentage of the net amount raised?

A- 38.56%

B-40.32%

C-41.68%

D-40.20%

In: Finance

Suppose that a firm's recent earnings per share and dividends per share are $5.00 and $1.00,...

Suppose that a firm's recent earnings per share and dividends per share are $5.00 and $1.00, respectively. Both are expected to grow at 5 percent. However, the firm's current P/E ratio of 18 seems high for this growth rate. The P/E ratio is expected to fall to 10 within five years. Compute a value for this stock by first estimating the dividends over the next five years and the stock price in five years. Then discount these cash flows using a 12 percent required rate.

In: Finance

Consider a stock that will pay a $2 dividend per year for 10 years (from t=1...

Consider a stock that will pay a $2 dividend per year for 10 years (from t=1 till t=10) after which the dividends are expect to increase at the constant growth rate of 3% per year (so, at=11 the dividend will be 2*1.03=$2.06, at t=12 it will be 2.06*1.03, etc. ) and the required return on the stock is 11%

Find the stock price today, the capital gain yield during the first year, the dividend yield during the 15th year

In: Finance

Converse Company has a bond currently outstanding. The bond has a face value of $1,000 and...

Converse Company has a bond currently outstanding. The bond has a face value of $1,000 and matures in 10 years. The bond makes no coupon payments for the first three years, then pays $40 every six months over the subsequent four years, and finally pays $60 every six months over the last three years. If the required return on these bonds is 6.2 percent compounded semiannually, what is the current price of the bond? (Hint: it may be useful to draw a timeline of the cash flows)

In: Finance

Ellis issues 9.0%, five-year bonds dated January 1, 2016, with a $550,000 par value. The bonds...

Ellis issues 9.0%, five-year bonds dated January 1, 2016, with a $550,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $572,305. The annual market rate is 8% on the issue date.

Required:

1. Complete the below table to calculate the total bond interest expense over the bonds' life.


2. Prepare a straight-line amortization table for the bonds’ life.

3. Prepare the journal entries to record the first two interest payments.

In: Accounting

Tullis Construction enters into a long-term fixed price contract to build an office tower for $10,600,000....

Tullis Construction enters into a long-term fixed price contract to build an office tower for $10,600,000. In the first year of the contract Tullis incurs $1,600,000 of cost and the engineers determined that the remaining costs to complete are $4,800,000. Tullis billed $3,600,000 in year 1 and collected $3,500,000 by the end of the end of the year. How much gross profit should Tullis recognize in Year 1 assuming the use of the percentage-of-completion method?

a. $0
b. $1,050,000

c. $2,650,000

d. $4,250,000

In: Accounting

Suppose that an oil well is expected to produce 12, 00,000 barrels of oil during its...

Suppose that an oil well is expected to produce 12, 00,000 barrels of oil during its first production year. However, its subsequent production (yield) is expected to decrease by 9% over the previous year's production. The oil well has a proven reserve of 10,500,000 barrels. Suppose that the price of oil is expected to be $120 per barrel for the next six years. What would be the present worth of the anticipated revenue trim at an interest rate of 10% compounded annually over the next six years?

In: Economics

In 1999, Sony introduced a new product into the U.S. market.It was Aibo, the first interactive...

In 1999, Sony introduced a new product into the U.S. market.It was Aibo, the first interactive robot dog. It was able to learn its name, respond to commands, dance, and be programmed to perform a variety of actions.

Assume Sony’s variable costs for producing this product were around $700, and market research indicated that the VTC of this product was around $1,400. Recommend a price thatconsumers should be charged for this product, and explain how you considered the factors determining initial-pricing strategy in making your recommendation.

In: Operations Management