Questions
You are searching the internet for investment opportunities and identify a 15-year annuity. The annuity will...

You are searching the internet for investment opportunities and identify a 15-year annuity. The annuity will cost $42,000 today in exchange for 5.5 percent annual payments. What will the annual cash flow be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Multiple Choice $4,870.54 $4,466.82 $4,184.28 $4,811.74 $3,984.16

In: Finance

Interest is compounded annually unless stated otherwise. Payments are at the end of the year unless...

Interest is compounded annually unless stated otherwise. Payments are at the end of the year unless stated otherwise. All bonds have a face value of $1000. Taxes are 0 unless specified otherwise.

  1. Use the following information to estimate the weights for the cost of capital equation for STANCO:
    1. From the balance sheet: Assets = 800M. Debt = 200M and Equity = 600M
    2. The firm has 20M shares outstanding that trade for $50 per share. The market value of the debt is close to the book value from the balance sheet. Use market values to estimate the weights.

In: Finance

If the present value of an ordinary, 7-year annuity is $9,600 and interest rates are 9.0...

If the present value of an ordinary, 7-year annuity is $9,600 and interest rates are 9.0 percent, what’s the present value of the same annuity due? (Round your answer to 2 decimal places.)

In: Finance

What is the yield to maturity of a eight​-year, $5,000 bond with a 4.5​% coupon rate...

What is the yield to maturity of a eight​-year, $5,000 bond with a 4.5​% coupon rate and semiannual coupons if this bond is currently trading for a price of $4,615​?

A.5.71​%

B.8​%

C.6.85​%

D.2.86​%

A $47,000 loan is taken out on a boat with the terms 3​% APR for 36 months. How much are the monthly payments on this​ loan?

A.$1,640.18

B.$1,366.82

C.$1,776.86

D. $1,503.50

A pottery factory purchases a continuous belt conveyor kiln for $46,000. A 9​% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $482.51​, over what term is this loan being​ paid?

A.12years

B.15years

C.14years

D.13

years

In: Finance

What is the component cost of debt in this scenario: a 10 year annual coupon bond...

  1. What is the component cost of debt in this scenario: a 10 year annual coupon bond at 8% that sells for $1125 with a tax rate of 40%?

  1. 6.28%
  2. 3.77%
  3. 4.8%
  4. 8%

In: Finance

Pearl Corp. is expected to have an EBIT of $2,500,000 next year. Depreciation, the increase in...

Pearl Corp. is expected to have an EBIT of $2,500,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $160,000, $110,000, and $150,000, respectively. All are expected to grow at 15 percent per year for four years. The company currently has $13,000,000 in debt and 850,000 shares outstanding. At Year 5, you believe that the company's sales will be $17,930,000 and the appropriate price-sales ratio is 2.7. The company’s WACC is 9.1 percent and the tax rate is 22 percent.

What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

In: Finance

The following information for the past year is available from Thinnews Co., a company that uses...

The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply factory overhead:

Actual total factory overhead cost $24,000
Actual fixed overhead cost $10,000
Budgeted fixed overhead cost $11,000
Actual machine hours 5,000
Standard machine hours for the units manufactured 4,800
Denominator volume—machine hours 5,500
Standard variable overhead rate per machine hour $3

1.The total actual variable factory overhead cost incurred during the year was:
2.The standard fixed overhead application rate is:

3. The variable factory overhead efficiency variance is:

4. The variable overhead spending variance is:

5. Under a three-variance breakdown (decomposition) of the total factory overhead variance, the total factory overhead spending variance is:

6. Under a two-variance breakdown (decomposition) of the total factory overhead variance, the total flexible-budget variance is:

In: Accounting

The parents of a 4-year-old boy explain to the clinic nurse that for weeks the child...

The parents of a 4-year-old boy explain to the clinic nurse that for weeks the child has been irritable and listless and even though he has developed a poor appetite, has gained weight. What signs and symptoms should the nurse look for, and what condition should the nurse suspect? What nursing interventions and parent education are appropriate?

In: Biology

A nutritionist claims that the mean tuna consumption by a person is 3.4 pounds per year....

A nutritionist claims that the mean tuna consumption by a person is 3.4 pounds per year. A sample of 80 people shows that the mean tuna consumption by a person is 3.3 pounds per year. Assume the population standard deviation is1.14 pounds. At alphaαequals 0.07​,can you reject the​ claim?

1) identify the null hypothesis and alternative hypothesis __________

2) Identify the standardized test statistic.(round to two decimal places)

z= _____

3) find the P value

p=_____

4) decide whether to reject or fail to reject the null hypothesis. Is their sufficient evidence?

In: Statistics and Probability

Assume that 17.00 % is the appropriate rate for the following cash flow stream. Year Cash...

Assume that 17.00 % is the appropriate rate for the following cash flow stream.

Year

Cash Flow ($)

1

3,000

2-11

4,000

12-25

6,000

26-40

10,000

1. What is the Present Value of the cash flows?

2. What is the Future Value of the cash flows?

Round your answer to the nearest dollar and do NOT enter a dollar sign.

In: Finance