Given the year end prices of the following stocks, estimate the expected return of a portfolio of 30% AAA and 70% BBB. Enter your answer as a percent without the % sign. Round your final answer to two decimals.
| Year | AAA | BBB |
|---|---|---|
| 2006 | 100 | 55 |
| 2007 | 105 | 65 |
| 2008 | 120 | 60 |
| 2009 | 110 | 70 |
| 2010 | 130 | 65 |
| 2011 | 160 | 80 |
In: Finance
Please explain me the step on financial calculator. The answer is D
In: Finance
After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.: Felix Godwin, Capital $454,290 Felix Godwin, Drawing 25,000 Fees Earned 520,245 Wages Expense 398,500 Rent Expense 95,600 Supplies Expense 35,865 Miscellaneous Expense 11,955 Journalize the two entries required to close the accounts. For a compound transaction, if an amount box does not require an entry, leave it blank. Apr. 30 Felix Godwin, Capital 454,290 454,290 Felix Godwin, Drawing 25,000 Wages Expense 398,500 Fees Earned 520,245 520,245 Supplies Expense 35,865 Miscellaneous Expense 11,955 Apr. 30 Rent Payable 95,600 Felix Godwin, Capital 407,615
In: Accounting
The price of a car you are interested in buying is $93.65k. You negotiate a 6-year loan, with no money down and no monthly payments during the first year. After the first year, you will pay $1.26k per month for the following 5 years, with a balloon payment at the end to cover the remaining principal on the loan. The annual percentage rate (APR) on the loan with monthly compounding is 5%. What will be the amount of the balloon payment 6 years from now?
Note: The term “k” is used to represent thousands (× $1,000).
Required: Suppose the loan has initially been paid in full (without a balance due at maturity), the amount would have totaled $37k. Calculate the absolute percentage difference between the fully amortized loan and the balloon payment.
In: Finance
Derek will deposit $5,825.00 per year for 10.00 years into an account that earns 9.00%, The first deposit is made next year. He has $11,818.00 in his account today. How much will be in the account 47.00 years from today?
Answer format: Currency: Round to: 2 decimal places.
In: Finance
Derek will deposit $8,984.00 per year for 10.00 years into an account that earns 8.00%, The first deposit is made next year. How much will be in the account 43.00 years from today?
Answer format: Currency: Round to: 2 decimal places.
In: Finance
a)Prepare an amortization schedule for a 10-year loan of $300,000. The interest rate is 12% and the loan calls for equal payments. How much interest is paid in the fifth year? How much interest is paid over the life of the loan?
b)What is the present value of $2,625 per year at a discount rate of 8%, if the first payment is received six years from now and the last payment is received 20 years from now?
In: Finance
The firm is planning to invest up to £65 million next year. The information about the available investment projects is given in the table below.
|
Project |
The initial investment, millions of £ |
Internal rate of return |
Net present value, millions of £ |
Profitability index |
|
A |
50 |
15% |
12 |
|
|
B |
35 |
19% |
15 |
|
|
C |
30 |
28% |
42 |
|
|
D |
25 |
26% |
1 |
|
|
E |
15 |
20% |
10 |
|
|
F |
10 |
37% |
11 |
|
|
G |
10 |
25% |
13 |
|
|
H |
1 |
18% |
0.1 |
Assuming the projects are not divisible, use the profitability index(PI) as a criterion to determine the value-maximizing combination of projects. Show the calculations of the profitability indexes in the final column of the table.
In: Finance
There are no results for Drugs of Abuse Mr. V, a 47 year-old man, was recently promoted as a director of a transportation company. A routine inspection of the books shows that a large sum of money is missing. Subsequent investigation finds that Mr. V has been spending more than $20,000 a month to buy cocaine; currently he consumes 2-3 g/d. He also drinks several beers each day and 5-8 shots of vodka in the evening. He spends weekend nights in clubs, where he often consumes 2-3 pills of ecstasy. He began using drugs at age 18; during parties he mostly smoked cannabis (5-6 joints per weekend), but also tried cocaine. This “recreational use” came to an abrupt halt when he married at age 27 and entered a professional training program that allowed him to obtain his current job, now jeopardized by his cocaine use. 1. Is Mr. V addicted, dependent, or both? Explain your reasoning. (5points) 2. What is the reason for the use of several different addictive drugs at the same time? (5points) 3. Exogenous cannabinoids (marijuana) include several pharmacologically active substances, but the main psychoactive alkaloid is called __________________________. (2points) 4. When CB1 receptors are activated by marijuana it produces several effects. List at least 3 of the effects. (3points) 5. Ecstasy is a psychoactive drug primarily used for recreational purposes. Ecstasy increases the activity of three brain chemicals. Describe the three brain chemicals that it increases. (5points)
In: Nursing
At the beginning of the 2016 school year, Britney Logan decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:
| Cash balance, September 1 (from a summer job) | $8,080 |
| Purchase season football tickets in September | 110 |
| Additional entertainment for each month | 280 |
| Pay fall semester tuition in September | 4,400 |
| Pay rent at the beginning of each month | 390 |
| Pay for food each month | 220 |
| Pay apartment deposit on September 2 (to be returned December 15) | 600 |
| Part-time job earnings each month (net of taxes) | 1,000 |
a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign.
| Britney Logan | ||||
| Cash Budget | ||||
| For the Four Months Ending December 31, 2016 | ||||
| September | October | November | December | |
| Estimated cash receipts from: | ||||
| Part-time job | $ | $ | $ | $ |
| Deposit | ||||
| Total cash receipts | $ | $ | $ | $ |
| Estimated cash payments for: | ||||
| Season football tickets | $ | |||
| Additional entertainment | $ | $ | $ | |
| Tuition | ||||
| Rent | ||||
| Food | ||||
| Deposit | ||||
| Total cash payments | $ | $ | $ | $ |
| Cash increase (decrease) | $ | $ | $ | $ |
| Cash balance at beginning of month | ||||
| Cash balance at end of month | $ | $ | $ | $ |
b. Are the four monthly budgets that are
presented prepared as static budgets or flexible budgets?
c. Brittany can see that her present plan sufficient cash. If Logan did not budget but went ahead with the original plan, she would be $ at the end of December, with no time left to adjust.
In: Accounting