FedEx Corp. stock ended the previous year at $126.19 per share. It paid a $2.00 per share dividend last year. It ended last year at $129.49.
If you owned 490 shares of FedEx, what was your dollar return and percent return? (Round your percent return answer to 2 decimal places.)

Answers

Answer 1

Your dollar return on the investment in FedEx Corp. was $2,032 and your percent return was 3.29%.

To calculate the dollar return on your investment in FedEx Corp., you need to first determine the total amount of dividends received and the change in the stock price over the year.
In this case, you owned 490 shares of FedEx, so you received a total of $980 in dividends ($2.00 per share x 490 shares). Additionally, the stock price increased from $126.19 to $129.49 per share, resulting in a capital gain of $3.30 per share. Therefore, the total dollar return on your investment is:
($3.30 per share x 490 shares) + $980 in dividends = $2,032
To calculate the percent return, you need to divide the dollar return by the initial investment and then multiply by 100 to express the result as a percentage.
Your initial investment in the 490 shares of FedEx was:
490 shares x $126.19 per share = $61,827.10
So, the percent return on your investment is:
($2,032 / $61,827.10) x 100 = 3.29%
Therefore, your dollar return on the investment in FedEx Corp. was $2,032 and your percent return was 3.29%.

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Sarah has $1,000,000 of her company’s funds available for covered interest arbitrage. The U.S. interest rate is 5%, and Sarah would like to earn a higher rate if she can. The one‑year interest rate in Zambia is 12 percent. Sarah knows the Zambian currency, the kwacha, is likely to depreciate over the next year, which will offset at least some of the higher interest she could earn in Zambia. The spot rate of the Zambian currency, the kwacha, is $.056, and the one-year forward rate of the Zambian kwacha is $.054. What profits, if any can Sarah make using the $1,000,000 in U.S. dollars for covered interest arbitrage with Zambian kwacha? (Be sure to express the profits in U.S. dollars.)

Answers

Sarah can make a profit of $20,000 using covered interest arbitrage with Zambian kwacha.

1. Convert $1,000,000 to Zambian kwacha using the spot rate: $1,000,000 * ($.056/kwacha) = 17,857,142.86 kwacha.


2. Invest the kwacha at 12% interest rate in Zambia for one year: 17,857,142.86 kwacha * 1.12 = 19,999,999.99 kwacha.


3. Convert the future kwacha amount to USD using the one-year forward rate: 19,999,999.99 kwacha * ($.054/ kwacha) = $1,080,000.


4. Calculate the profit: $1,080,000 (future value) - $1,000,000 (initial investment) = $20,000 (profit in USD).

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chantell, a seller on amazon, wants her products to be visible when shoppers select the prime filter during their search process. which shipping option should she use?

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To guarantee her items are obvious when customers select the Prime channel amid their look handle on Amazon, Chantell ought to utilize Amazon's Fulfillment by Amazon (FBA) benefit.

FBA may be a program that permits dealers to store their items in Amazon's fulfillment centers, and Amazon takes care of the shipping, taking care of, and client benefits for those items. When a client chooses the Prime channel amid their look preparation,

Amazon will as it were appear items that are qualified for Prime shipping, which incorporates items satisfied by Amazon through FBA. By utilizing FBA, Chantell can increment her chances of having her items appeared to Prime clients, which can lead to more deals and more prominent permeability for her brand on Amazon.

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FV = PV(1+i)n , what is the FV of $100 three years from now,compounded at 10% interest annually?$102.52$102.53$134.39$133.10

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The future value (FV) of $100 three years from now, compounded at 10% interest annually, is $133.10. Therefore, the correct option is option 4.

We are required to find the future value (FV) of $100 three years from now, compounded at 10% interest annually using the given formula:

FV = PV(1+i)^n

In order to determine the future value, follow these steps:

1. Identify the variables:

PV = 100 (present value)

i = 0.10 (10% annual interest rate as a decimal)

n = 3 (number of years)

2. Plug the variables into the formula:

FV = 100(1+0.10)^3

3. Calculate the future value:

FV = 100(1.10)^3

FV = 100(1.331)

FV = 133.10

Hence, the future value (FV) is Option 4: $133.10.

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actual output3,000unitsraw materials used in production11,370gramsactual direct labor-hours1,910hourspurchases of raw materials12,100gramsactual price of raw materials purchased$ 1.20per gramactual direct labor rate$ 11.40per houractual variable overhead rate$ 2.10per hour the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the labor efficiency variance for july is:

Answers

The labor efficiency variance for July is $12,396.

How to determine the labor efficiency variance

To calculate the labor efficiency variance, we need to first determine the standard direct labor hours for the production of 3,000 units.

If the company's standard labor rate is $11.40 per hour, then the total standard direct labor cost for 3,000 units would be:

Standard direct labor cost = Standard direct labor rate x Standard direct labor hours

Standard direct labor cost = $11.40 per hour x (3,000 units / expected units per hour)

Standard direct labor cost = $11.40 per hour x (3,000 units / 1,000 units per hour)

Standard direct labor cost = $34,200

Next, we can calculate the actual direct labor cost for the production of 3,000 units.

If the actual direct labor hours were 1,910 and the actual direct labor rate was $11.40 per hour, then the actual direct labor cost would be:

Actual direct labor cost = Actual direct labor rate x Actual direct labor hours

Actual direct labor cost = $11.40 per hour x 1,910 hours

Actual direct labor cost = $21,804

The labor efficiency variance is the difference between the standard direct labor cost and the actual direct labor cost:

Labor efficiency variance = Standard direct labor cost - Actual direct labor cost

Labor efficiency variance = $34,200 - $21,804

Labor efficiency variance = $12,396

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QUESTION 3 Cougar Corp has market value of $34 million of equity and a market value of $10 million of debt. Cougar Corp has a tax rate of 20%. If Cougar Corp has a cost of equity of 14.3% and a cost of debt of 7.4%, what is the WACC for Cougar Corp? (Answer in percent: For 0.05324 answer, 5.324)

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The weighted average cost of capital (WACC) for Cougar Corp is 10.42%.

How to calculate  the weighted average cost of capital (WACC)?

The formula for calculating the weighted average cost of capital (WACC) is:

WACC = (E/V) x Re + (D/V) x Rd x (1-Tc)

Where:

E = Market value of equity

D = Market value of debt

V = Total value of the firm (E + D)

Re = Cost of equity

Rd = Cost of debt

Tc = Tax rate

Substituting the given values into the formula, we get:

WACC = (34 / (34 + 10)) x 0.143 + (10 / (34 + 10)) x 0.074 x (1-0.20)

= 0.726 x 0.143 + 0.274 x 0.0592

= 0.1042 or 10.42%

Therefore, the WACC for Cougar Corp is 10.42%.

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A consulting contract between a management consulting firm and a software company is governed by what source of law?
- law at equity
- the uniform commercial code
- statutory law
- common law

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The correct answer is (c) statutory law. Consulting contract between a management consulting firm and a software company is generally governed by the statutory law. Statutory law refers to the body of laws that are created by the legislative branch of the government.

These laws are usually codified, which means that they are written down in a systematic way and are easily accessible for everyone to read.In the case of consulting contracts, there are usually specific laws that govern the terms and conditions of the agreement. These laws may vary from state to state, but they generally cover important aspects such as the scope of work, payment terms, confidentiality, and intellectual property rights.

While common law and law at equity may also apply to consulting contracts, they are usually not the primary sources of law that govern these agreements. Common law refers to the body of law that is based on judicial decisions and legal precedents, while law at equity is a type of law that is based on principles of fairness and justice.The correct answer is (c) statutory law.

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An owner has retain 3 separate brokers using open listing agency agreements. Broker a holds an open house at the property every weekend. Broker be frequently advertises of property in the local newspaper. Broker C shows the property to several prospective buyers was unsuccessful in obtaining and offer. One weekend a prospect, carrying a newspaper containing broker be and for the property, arrives several hours before broker a open house is scheduled to begin. The owners shows the property to the prospect in suspects fully ned go sheaedes a sale agreement. When broker a arrives for the open house the owner advises her that the property has been sold that morning the commission is ?

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In this scenario, the commission would go to the broker who procured the buyer, which in this case would be Broker B since the prospect arrived with a newspaper containing their advertisement.

This is known as the "procuring cause" and is often used to determine which broker is entitled to the commission in open listings. However, the situation could become complicated if Broker C also claims to have shown the property to the same prospect before they arrived with the newspaper ad. Ultimately, it would be up to the owner to decide which broker should receive the commission.

The owner has retained three separate brokers (A, B, and C) using open listing agency agreements. This means that the owner can work with multiple brokers, and only the broker who successfully brings a buyer to the owner will receive a commission.Broker A holds open houses at the property, Broker B advertises the property in the local newspaper, and Broker C shows the property to prospective buyers but has been unsuccessful in obtaining an offer.
One weekend, a prospect carrying a newspaper with Broker B's advertisement arrives before Broker A's open house. The owner shows the property to the prospect, who then decides to purchase the property and signs a sale agreement.
Since the prospect found the property through Broker B's advertisement and made an offer to the owner, Broker B is the one who successfully brought a buyer to the owner.

Therefore, the commission for the sale of the property will be awarded to Broker B.

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The Federal Reserve's Dual Mandate is to A. boost stock markets and keep borrowing rates as low as possible. B. achieve stable prices and maximum sustainable employment. OC.meet the goals of majority

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The Federal Reserve's Dual Mandate refers to the two main objectives that the central bank of the United States aims to achieve in order to promote a healthy economy. The correct answer is B. achieve stable prices and maximum sustainable employment.

The Federal Reserve, often simply called the Fed, was established by the Federal Reserve Act in 1913. The dual mandate was later emphasized by the Federal Reserve Reform Act of 1977, which specifically mentioned the two objectives.

1. Stable prices: This refers to maintaining low and stable inflation, which is essential for fostering a healthy economic environment. Inflation erodes the purchasing power of money and can lead to economic uncertainty. The Fed aims to keep inflation at around 2% annually.

2. Maximum sustainable employment: This objective focuses on achieving the highest possible employment rate without causing inflationary pressures. The Fed doesn't set a specific target for employment, as it is influenced by various factors, including demographic changes and technological advancements. However, the Fed estimates the natural rate of unemployment and adjusts its monetary policy accordingly to achieve maximum employment.

To meet these goals, the Fed uses various monetary policy tools, such as adjusting the federal funds rate, conducting open market operations, and regulating the money supply. By balancing these objectives, the Federal Reserve promotes economic growth and stability, benefiting the overall U.S. economy. The correct answer is B. achieve stable prices and maximum sustainable employment.

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The term "Dual Mandate" refers to the two main goals that the Federal Reserve seeks to accomplish in order to support a healthy economy in the United States. The correct answer is B. achieve stable prices and maximum sustainable employment.

Achieve stable prices and maximum sustainable employment is the right response. The Federal Reserve Act of 1913 created the Federal Reserve, sometimes known as the Fed. The Federal Reserve Reform Act of 1977, which clearly defined the two goals, later emphasised the dual mandate.

1. Stable prices: This refers to keeping inflation low and stable, which is crucial for promoting a positive economic climate. The purchasing power of money is reduced by inflation, which can also cause economic uncertainty. The Federal Reserve wants to control inflation at about 2% per year. Maximum sustainable employment: The goal of this objective is to increase employment as much as feasible while avoiding inflationary pressures. Since employment is influenced by a variety of factors, including demographic shifts and technological improvements, the Fed does not set a precise target for employment.

Complete question:

The Federal Reserve's Dual Mandate is to choices to correct answer.

A. boost stock markets and keep borrowing rates as low as possible.

B. achieve stable prices and maximum sustainable employment.

C.meet the goals of majority.

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Consider the following information regarding corporate​ bonds: Rating AAA AA A BBB BB B CCC Average Default Rate ​0.0% ​0.1% ​0.2% ​0.5% ​2.2% ​5.5% ​12.2% Recession Default Rate ​0.0% ​1.0% ​3.0% ​3.0% ​8.0% ​16.0% ​48.0% Average Beta 0.05 0.05 0.05 0.10 0.17 0.26 0.31 Wyatt Oil has a bond issue outstanding with seven years to​ maturity, a yield to maturity of​ 7.0%, and a BBB rating. The​ bondholders' expected loss rate in the event of default is​ 70%. Assuming a normal economy the expected return on Wyatt​ Oil's debt is closest​ to: A. ​3.5% B. ​4.9% C. ​6.7% D. ​3.0%

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The expected return on Wyatt Oil's debt is closest to 6.7% (Option C). The anticipated value of a financial investment's return is known as the expected return. It is a measurement of the random variable's distribution's centre, which is the return. Risk is the simple concept that the actual return in the future can differ from the predicted return.

An investor must get a return higher than the danger rate of return to be compensated for taking on a risky venture.
Here's a step-by-step explanation for calculating the expected return:

1. Identify the bond's rating: BBB
2. Find the average default rate for the bond's rating: 0.5% (from the given data)
3. Calculate the probability of no default: 100% - 0.5% = 99.5%
4. Identify the yield to maturity: 7.0%
5. Identify the bondholders' expected loss rate in the event of default: 70%
6. Calculate the expected return on the bond:

Expected return = (Probability of no default * Yield to maturity) - (Probability of default * Loss rate in the event of default)

Expected return = (99.5% * 7.0%) - (0.5% * 70%)

Expected return = 6.965% - 0.35% = 6.615%

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Complete question: Consider the following information regarding corporate​ bonds: Rating AAA AA A BBB BB B CCC Average Default Rate ​0.0% ​0.1% ​0.2% ​0.5% ​2.2% ​5.5% ​12.2% Recession Default Rate ​0.0% ​1.0% ​3.0% ​3.0% ​8.0% ​16.0% ​48.0% Average Beta 0.05 0.05 0.05 0.10 0.17 0.26 0.31 Wyatt Oil has a bond issue outstanding with seven years to​ maturity, a yield to maturity of​ 7.0%, and a BBB rating. The​ bondholders' expected loss rate in the event of default is​ 70%. Assuming a normal economy the expected return on Wyatt​ Oil's debt is closest​ to:

A. ​3.5%

B. ​4.9%

C. ​6.7%

D. ​3.0%

Explain why aperson might choose or have to take a 30 year mortgagevsa15 yearmortgage. List at least two reasons.

Answers

A person might choose or have to take a 30-year mortgage vs. a 15-year mortgage for various reasons because it has  lower monthly payments and provide greater financial flexibility

The reason a person might take a 30-year mortgage, first 30-year mortgage typically comes with lower monthly payments, as the loan amount is spread over a longer period. This can make it more affordable for individuals with budget constraints, allowing them to qualify for a larger loan and potentially purchase a more expensive home.

Second, a 30-year mortgage can provide greater financial flexibility, as the lower monthly payments leave more room in the budget for other expenses, savings, or investments. This could be especially appealing to those who expect their income to increase over time or who want to prioritize other financial goals during the early years of homeownership. In summary, a person might choose a 30-year mortgage over a 15-year mortgage due to the lower monthly payments and greater financial flexibility it offers. These factors can make homeownership more attainable and allow individuals to better manage their overall finances.

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Can you guys help me with this thank you.

I’m considering buying 100 stocks for $1.75 a share and an ROI of 8%. What is my expected profit?​

Answers

Your expected profit would be $14 if you purchase 100 stocks for $1.75 per share with an ROI of 8%

What is the Expected profit on the stock?

To calculate your expected profit, you need to take into account the total cost of purchasing the stocks and the expected return on your investment.

Total cost of purchasing 100 stocks at $1.75 per share:

100 stocks x $1.75 per share = $175

Expected return on investment (ROI) of 8%:

$175 x 0.08 = $14

Therefore, your expected profit would be $14 if you purchase 100 stocks for $1.75 per share with an ROI of 8%. However, please keep in mind that this is only an estimate, and actual returns may vary depending on market conditions and other factors.

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: Marted out 200 Pag question if you think that organization culture cannot be easily changed which perspective about Culture are you adopting A B Question 11 Not yet answered Marked out of 200 p Flag question What does "job content and job context mean according to Herzberg's theory of motivation (please show your understanding of these concepts and teenide enoug examples of what each would include in practical terms] A B 7 Marked out of 4,00 P Flag question Question 12 Nor yet answered What does the concept of stakeholder mean? Why is this concept important for understanding and managing organizations please define the concept. give some examples of stakeholders in a business organization and explain why this concept is important A 11! BE3 А B 1

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A stakeholder is a person, group or organization with a vested interest, or stake, in the decision-making and activities of a business, organization or project. Stakeholders can be members of the organization they have a stake in, or they can have no official affiliation.

Explain about the Herzbergs theory?

Regarding the second question about Herzberg's theory of motivation, job content refers to the actual tasks and responsibilities of a job, while job context includes factors such as working conditions, pay, and relationships with coworkers and supervisors. Herzberg believed that job content factors, such as meaningful work and opportunities for growth, were more important for long-term motivation than job context factors. Examples of job content factors could include a sense of purpose in one's work or the ability to take on new challenges, while examples of job context factors could include comfortable working conditions or fair compensation.

The concept of stakeholders refers to all individuals or groups who have a vested interest in the success or failure of an organization. This includes not only shareholders or owners, but also employees, customers, suppliers, and members of the community where the organization operates. Understanding and managing stakeholders is important because these groups can have a significant impact on the organization's success or failure. For example, customers who are dissatisfied with a company's products or services may stop buying from them, while employees who are unhappy with their working conditions may be less productive or leave the company altogether. By considering the needs and interests of all stakeholders, organizations can make more informed decisions and build stronger relationships with those who are invested in their success.

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the clean air act imposes permit requirements for stationary sources of pollution. which states are most likely to oppose strict permit requirements? responses states without many stationary sources of pollution states without many stationary sources of pollution states with histories of smog events states with histories of smog events states whose economies rely on coal, oil, or gas states whose economies rely on coal, oil, or gas large eastern states

Answers

States whose economies rely on coal, oil or gas (option E), are most likely to oppose strict permit requirements imposed by the Clean Air Act.

These states heavily rely on these industries for their economic growth and any strict regulations could potentially harm their economies. Additionally, states with histories of smog events may also oppose strict permit requirements as they may view them as an unnecessary burden.

However, it is important to note that large eastern states with significant urban areas may also push back against strict permit requirements due to the potential impact on their local economies. States without many stationary sources of pollution may not have as strong of an opinion on the matter.

The enactment of the Clean Air Act of 1970 (1970 CAA) resulted in a major shift in the federal government's role in air pollution control. This legislation authorized the development of comprehensive federal and state regulations to limit emissions from both stationary (industrial) sources and mobile sources.

Therefore, the correct statement here is Option E States whose economies rely on coal, oil or gas.

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A financial institution has written currency call options for a multinational corporation. The financial institution's portfolio is currently delta neutral, but not gamma or vega neutral. To make the portfolio delta, gamma and vega neutral, the financial institution must be able to buy or sell a. Two traded options. b. The underlying asset and one traded option c. The underlying asset or a futures contract, and two traded options d. One traded option

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To make the financial institution's portfolio delta, gamma, and vega neutral, they would need to buy or sell the underlying asset and one traded option. The correct answer is option b.

Delta, gamma, and vega are measures of the sensitivity of the option price to changes in the underlying asset price, volatility, and time to expiration, respectively.

To create a delta, gamma, and vega neutral portfolio, the financial institution must take offsetting positions in the underlying asset and options. This would allow them to adjust their exposure to changes in the asset's price, as well as changes in volatility and time decay.

Simply buying or selling two traded options (option a) may help with delta neutrality, but would not necessarily address the gamma or vega risk. Similarly, buying one traded option (option d) would not be enough to fully hedge their risk exposure. Alternatively, using only the underlying asset or a futures contract and two traded options (option c) could also achieve the necessary neutrality.

Therefore, the financial institution must be able to buy or sell the underlying asset and one traded option to make the portfolio delta, gamma and vega neutral.

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What is the future value of an annuity of $333 a year for 5 years at the rate of 6% per year with the first payment in year one?

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The future value of an annuity is $333. To calculate the future value of an annuity, we can use the formula:

FV = Pmt x [(1 + r)n - 1] / r

where:

FV = future value
Pmt = payment per period
r = interest rate per period
n = number of periods

In this case, Pmt = $333, r = 6% per year (or 0.06 per period), and n = 5 years. However, since the first payment is made in year one, we need to adjust the formula by multiplying the numerator by (1 + r), as follows:

FV = $333 x [(1 + 0.06)⁵ - 1] / 0.06 x (1 + 0.06)
FV = $333 x [1.3382] / 0.0636
FV = $7,012.71

Therefore, the future value of an annuity of $333 a year for 5 years at the rate of 6% per year with the first payment in year one is $7,012.71.

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the government begins to provide free primary school education. which input in the production function changes, and what is the effect on economic growth in the country?

Answers

The provision of free primary school education by the government can have a positive impact on economic growth by investing in human capital, reducing inequality, and increasing social mobility.

The input in the production function that changes when the government provides free primary school education is human capital. Human capital refers to the knowledge, skills, and abilities that individuals possess, which can be developed through education and training. By providing free primary school education, the government is investing in the human capital of its citizens.The effect on economic growth in the country can be positive in the long run. Education is a key driver of economic growth as it enhances the productivity of the workforce.

When individuals are educated, they are more likely to have higher-paying jobs, and this can lead to higher levels of income and increased economic activity. Additionally, education can lead to the development of new technologies, innovations, and ideas, which can drive economic growth.Moreover, by providing free primary school education, the government is ensuring that more children have access to education, regardless of their economic background.

This can help to reduce inequality and increase social mobility, as individuals from lower-income households are given the opportunity to receive an education and pursue higher-paying jobs. In the long run, this can lead to a more educated and skilled workforce, which can contribute to increased economic growth.

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5 1 point Kronlund Corp. is considering buying a new machine, which would save on labor costs over its life of 4 years. The machine costs $182,000 and will be depreciated straight-line over 4 years to a salvage value of $27,000, at which point the machine will be sold at the salvage value. The machine will save the company $92000 a year in labor costs (pre-tax) but will require a one-time increase in working capital, mainly machine supplies, of $12,000 at time to which is recoverable in the last year of the project). The firm's marginal tax rate is 31%, and the opportunity cost of capitalis7% What is the NPV of the project? Note that this problem is similar to the Lily Coples in the lecture notes, I recommend doing this problem in Excel, although that's not required. Answer in dollars, but without the dollar sign)

Answers

The NPV of the project is negative, which means that the project is not financially attractive, and it is not expected to generate enough cash flows to cover the initial investment and opportunity cost of capital.

To calculate the NPV of the project, we need to calculate the cash inflows and outflows for each year, and then discount them to their present values using the opportunity cost of capital.

Year 0:

Initial investment: -$182,000

Working capital increase: -$12,000 (recoverable in year 4)

Year 1 to 4:

Annual savings in labor costs: $92,000

Depreciation expense: $38,750 (($182,000 - $27,000)/4)

Tax savings (31% of depreciation expense): $12,013

Year 4:

Sale of machine: $27,000

Tax on sale (31% of gain): $15,713 (($27,000 - $38,750) x 31%)

Using a discount rate of 7%, the present value of each year's cash flow is:

Year 0:

PV = -$194,000 (initial investment + working capital increase)

Year 1 to 4:

PV = $68,858 ($92,000 - $12,013) / (1 + 7%)^n, where n = year number (1 to 4)

Year 4:

PV = $15,767 ($27,000 - $15,713) / (1 + 7%)^4

Therefore, the NPV of the project is:

NPV = sum of PVs = -$13,607 (rounded to nearest dollar)

So, the NPV of the project is negative, which means that the project is not financially attractive, and it is not expected to generate enough cash flows to cover the initial investment and opportunity cost of capital.

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8. Morgan decides to pay more than the required minimum monthly amount for their loan to pay off the loan faster. They want to have the loan paid in full after 10 years. Round answers to two decimal places. a. Assuming all the same conditions of the original student loan, what would Morgan's new monthly payment need to be if they wanted to pay off the loan in 10 years? (3 pt) b. What is the total amount Morgan will pay if they pay off the loan in 10 years? (4 pt) c With the 10-year loan, how much will Morgan pay in interest? (4 pt)

Answers

a. To pay off the loan in 10 years, Morgan's new monthly payment should be $271.58 b. Morgan will pay a total amount of $32,589.62. c. With the 10-year loan, Morgan will pay $6,789.62 in interest.

a. To calculate the new monthly payment, we first need to find the present value (PV) of the loan, which is the loan amount of $25,000. Next, we need to find the interest rate per month (r) by dividing the annual interest rate of 5.5% by 12, which gives us 0.00458.

Then, we find the number of months (n) in 10 years, which is 120. Using these values and the formula for a loan payment with extra payments, we can solve for the new monthly payment:

PV = $25,000

r = 0.00458

n = 120

New monthly payment = (PV * r) / (1 - (1 + r)^(-n)) + extra payment per month

New monthly payment = ($25,000 * 0.00458) / (1 - (1 + 0.00458)^(-120)) + 0

New monthly payment = $271.58

Therefore, Morgan's new monthly payment needs to be $271.58 to pay off the loan in 10 years.

b. To find the total amount Morgan will pay if they pay off the loan in 10 years, we can use the new monthly payment of $271.58 and the total number of payments of 120 to find the total amount paid. The total amount paid is equal to the new monthly payment multiplied by the total number of payments:

Total amount paid = $271.58 * 120

Total amount paid = $32,589.62

Therefore, Morgan will pay a total amount of $32,589.62 if they pay off the loan in 10 years.

c. To find the amount of interest Morgan will pay over the 10-year period, we can subtract the original loan amount from the total amount paid:

Interest paid = Total amount paid - Original loan amount

Interest paid = $32,589.62 - $25,000

Interest paid = $7,589.62

Therefore, Morgan will pay $7,589.62 in interest over the 10-year period. This amount is lower than the interest they would have paid under the original loan term of 15 years, due to the shorter repayment period and additional payments.

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True or False The key to successfully integrating two companies is to have a culture of strict equality between the target firm and the acquiring firm.

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The statement ;The key to successfully integrating two companies is to have a culture of strict equality between the target firm and the acquiring firm' is False because the key to successfully integrating two companies is to have a culture of strict equality between the target firm and the acquiring firm.

While it is important to integrate the two companies and establish a shared culture, a strict culture of equality may not always be the best approach.

Instead, a culture of mutual respect, collaboration, and open communication may be more effective in achieving successful integration.

It is also important to recognize and respect the unique strengths and differences of both companies, and to find ways to leverage these differences to create value for the newly combined organization.

This may involve identifying common goals and values, establishing clear communication channels, and fostering a sense of shared purpose among all employees.

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the sales comparison approach to appraisal is preferred because it is the only objective appraisal approach.A. TrueB. False

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B. False the sales comparison approach is preferred for its objectivity and ability to compare similar properties, but it is not the only objective appraisal approach. Other appraisal methods, like the cost approach and income approach, also provide objective assessments of property value.

The statement is false. While the sales comparison approach is one of the most commonly used appraisal methods, it is not the only objective appraisal approach. There are other appraisal approaches, such as the cost approach and the income approach, which also provide objective methods for determining the value of a property. The cost approach involves estimating the cost to replace the property and subtracting depreciation to arrive at the property's value. This method is particularly useful for new or unique properties that do not have comparable sales data. The income approach involves estimating the potential income that a property could generate and then applying a capitalization rate to arrive at the property's value. This method is particularly useful for income-producing properties, such as rental properties or commercial buildings.

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The statement "The sales comparison approach to appraisal is preferred because it is the only objective appraisal approach" is false because the sales comparison approach is not the only objective approach. There are other objective approaches as well. Option B is correct.

The given statement "The sales comparison approach to appraisal is preferred because it is the only objective appraisal approach" is false because while the sales comparison approach is a widely used appraisal method, it is not the only objective approach. Other approaches, such as the cost approach and the income approach, are also objective methods used in real estate appraisal. Each approach has its merits and is employed depending on the property type and market conditions. Thus, option B is correct.

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Resources are scarce and therefore the concept of valuemaximization is overstretched. Discuss

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The concept of value maximization refers to the practice of making the most efficient use of scarce resources to achieve the best possible outcome.

However, with resources becoming increasingly scarce, it can be argued that the concept of value maximization is overstretched. This is because there may come a point where resources are so limited that the pursuit of value maximization becomes unrealistic. In such a scenario, it may be necessary to re-evaluate our priorities and focus on more sustainable practices that prioritize the conservation of resources. This may involve finding ways to reduce waste and increase efficiency, as well as exploring alternative sources of energy and materials.

Ultimately, the key to achieving value maximization in a world with limited resources lies in striking a balance between economic growth and environmental sustainability. This will require a shift towards more responsible and ethical practices that prioritize the long-term health and well-being of both people and the planet. The concept of value maximization refers to the practice of making the most efficient use of scarce resources to achieve the best possible outcome.

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Illustrate the challenges and prospects of using e-wallets in Malaysia, and what it means for businesses and customers. Discuss the strategies to leverage the strengths and opportunities as well as overcome the weaknesses and threats.

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Challenges for using e-wallets in Malaysia include low penetration rates, lack of interoperability, and concerns about security and fraud.

However, the prospects are promising as the government encourages cashless payments and the younger generation adopts digital payment methods. Businesses can leverage this trend by accepting e-wallet payments and offering incentives to customers who use them.

Customers can benefit from the convenience and speed of e-wallets, but should also be cautious about protecting their personal information. To overcome weaknesses and threats, companies can invest in secure technology and partnerships with other payment providers to expand their reach.

They can also educate customers on the benefits and safety measures of using e-wallets. Overall, e-wallets present a significant opportunity for businesses to tap into the growing trend of digital payments in Malaysia.

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Blue light management Inc and New wealth Corp each have 50,000 shares outstanding and both stocks trade for $8 per share. Blue light management pays a dividend of $0.75 per share and New wealth pays a 5 percent stock dividend. After the dividends are paid, what are the number of shares outstanding for Blue light management Inc and New wealth Corp?

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Thus  the number of shares outstanding for Blue light management Inc would remain at 50,000 shares while the number of shares outstanding for New wealth Corp would increase to 52,500 shares after the dividends are paid.

After Blue light management Inc pays its dividend of $0.75 per share, the total dividend payout would be $37,500 (50,000 shares x $0.75 per share). This would leave the company with a remaining market capitalization of $400,000 (50,000 shares x $8 per share - $37,500 dividend payout).For New wealth Corp, a 5 percent stock dividend would mean that each shareholder would receive an additional 2,500 shares (50,000 shares x 5 percent).

Therefore, the total number of shares outstanding for New wealth Corp after the stock dividend would be 52,500 shares (50,000 original shares + 2,500 shares from the stock dividend).So, the number of shares outstanding for Blue light management Inc would remain at 50,000 shares while the number of shares outstanding for New wealth Corp would increase to 52,500 shares after the dividends are paid.

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if a mortgage pool consists of five 10 percent frms totaling $500,000, five 9 percent frms totaling $450,000, and ten 8 percent frms totaling $750,000, what is the weighted average coupon rate? multiple choice

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He weighted average coupon rate of the mortgage pool is approximately 8.85%.

The weighted average coupon rate of the mortgage pool can be calculated by multiplying the coupon rate of each group by its respective share of the total pool and then summing up the results.

The calculation is as follows:

- For the five 10 percent frms totaling $500,000, the total coupon payment is $50,000 (10% of $500,000). Their share of the total pool is 500,000/1,700,000 or 29.41%.
- For the five 9 percent frms totaling $450,000, the total coupon payment is $40,500 (9% of $450,000). Their share of the total pool is 450,000/1,700,000 or 26.47%.
- For the ten 8 percent frms totaling $750,000, the total coupon payment is $60,000 (8% of $750,000). Their share of the total pool is 750,000/1,700,000 or 44.12%.

Therefore, the weighted average coupon rate can be calculated as:

(0.2941 x 10%) + (0.2647 x 9%) + (0.4412 x 8%) = 2.941% + 2.3823% + 3.5296% = 8.8539%.

Therefore, the weighted average coupon rate of the mortgage pool is approximately 8.85%.

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All of the following statements are true regarding overnight repurchase agreements EXCEPT:A. the investment has no liquidity riskB. the investment has no interest rate riskC. interest rates charged are most similar to the Federal Funds rateD. the issuer loses control of the underlying securities for the duration of the agreement

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The statement A. "the investment has no liquidity risk" is not true regarding overnight repurchase agreements. While overnight repurchase agreements can be considered a relatively low-risk investment, they still carry some level of liquidity risk.

In an overnight repurchase agreement, an investor provides short-term financing to a borrower in exchange for collateral, usually in the form of securities. The borrower agrees to repurchase the securities the following day at a slightly higher price, effectively paying the investor interest on the loan.

While the overnight nature of these agreements can help mitigate some types of risk, such as interest rate risk, there is still some level of liquidity risk. If the borrower is unable to repurchase the securities the following day, the investor may be left holding securities that are difficult to sell or may have to accept a lower price for them, resulting in a loss.

Therefore, while overnight repurchase agreements can be a relatively safe and stable investment option, they still carry some level of liquidity risk that investors should be aware of.

The other statements are generally true regarding overnight repurchase agreements, including that interest rates charged are most similar to the Federal Funds rate, and that the issuer loses control of the underlying securities for the duration of the agreement

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Options A and C are true statements regarding overnight repurchase agreements, but option D is not entirely accurate as the issuer retains ownership of the underlying securities, but they are used as collateral during the duration of the agreement.

Out of the given statements, option B is not true regarding overnight repurchase agreements. These agreements do have interest rate risk, as the interest rates charged are most similar to the Federal Funds rate. The proportion of a loan or investment's value that is charged or earned as a fee for borrowing or lending money is known as the interest rate. Interest rates are the cost of borrowing money for borrowers, whereas they are the return on investment for lenders. Interest rates can be either fixed or variable, and they can change based on a number of variables, including the borrower's credit score, the length of the loan, and the current state of the market. Due to their ability to affect rates of borrowing, spending, and inflation, interest rates also play a significant role in monetary policy and the entire economy.

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5) selec oneWhich functional area does the following statement most relate to: "Customers are not brand loyal"loveSelect one:or a Marketingor b. Managementor c. Financeor d. Human Resources

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The statement "Customers are not brand loyal" relates most to the marketing functional area  (option a).

Marketing is responsible for understanding and identifying customer behavior and preferences, and developing strategies to attract and retain customers. If customers are not brand loyal, it means that they are more likely to switch between different brands or products based on factors such as price, quality, and availability.

This information is crucial for marketers in developing effective branding and advertising campaigns that will resonate with their target audience and create customer loyalty. By understanding the behavior and preferences of their customers, marketers can create a strong brand image and develop strategies that will help to attract and retain customers over the long term.

Option a is answer.

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Widely recognized as one of the founding fathers of modern conservatism, and renowned as a relentless critic of the French Revolution, Edmund Burke nonetheless believed in the necessity of change, as he wrote: "a society without the means of some change is without the means of its conservation". How did he reconcile these seemingly contradictory approaches to politics and society? Elaborate with particular reference to his political thoughts on history, tradition, civic morals and prejudice.

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Edmund Burke reconciled these seemingly contradictory approaches to politics and society through a nuanced understanding of gradual, prudent change as opposed to radical, abrupt transformations.

Burke believed that society should adapt to the evolving demands and needs of its people, but that such adaptations should be grounded in historical context and cultural traditions. He argued that history and tradition provide society with valuable lessons and a foundation on which to build future developments.

Furthermore, Burke maintained that civic morals and social norms play a crucial role in maintaining the stability of society. By preserving these aspects, a society can ensure that changes do not lead to chaos or disorder.

In relation to prejudice, Burke acknowledged its existence but emphasized that it should not be the sole basis for decision-making. Rather, he suggested that a combination of rational judgment and the wisdom derived from tradition should guide political actions.

Overall, Edmund Burke's political philosophy advocated for a cautious, evolutionary approach to change in society, balancing the necessity of adaptation with the importance of conserving history, tradition, and civic morals.

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Global trade today is considered ________ because it employs ____, _____, and _____ modes of transport with ______ being the most commonly used.1.intermodal, rail, ground, mail, ocean freight2.intermodal, rail, ground, air, ocean freight3.intermodal, ocean, ground, air, rail freight4.just in time, rail, ground, air, ocean freight

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Global trade today is considered intermodal because it employs rail, ground, air, ocean freight modes of transport, with intermodal (using multiple modes of transport for a single shipment) being the most commonly used.

Intermodal transportation allows for greater efficiency, flexibility, and cost savings in global trade. For example, a shipment may travel by truck to a rail terminal, then by train to a port, and finally by ship to its destination.

This combination of transportation modes can help to reduce transportation costs, improve delivery times, and increase overall supply chain efficiency.

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Global trade today is considered intermodal because it employs rail, ground, air, ocean, and sometimes even mail modes of transport with ocean freight being the most commonly used.So, the correct option is 2. intermodal, rail, ground, air, ocean freight.


The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. So, the correct option is 2. intermodal, rail, ground, air, ocean freight.

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T/F information moves in both directions in the service chain for mobile workers

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For mobile workers, the information flow in the service chain is bidirectional. A supply chain is dynamic and entails a continuous flow of information, goods, and money among its various stages. Hence it is True.

By allowing each level of the supply chain to use orders from the previous stage to predict future demand, sharing POS data reduces the bullwhip effect. The supply chain can be improved most effectively by lengthening the entire replenishment period and relaying accurate demand data to all levels.The bullwhip effect happens when inaccurate information about product-demand spreads from one partner to the next along the supply chain.

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what risk do firms face when using licensing or franchising as an entry strategy in the chinese market? a costly transportation fees b quotas imposed c protection of intellectual property d shortage of employees e cost overruns

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When using licensing or franchising as an entry strategy in the Chinese market, firms face several risks, including the Protection of intellectual property, Shortage of employees, Cost overruns, Quotas imposed, and Costly transportation fees.

1. Protection of intellectual property: The risk of intellectual property theft or infringement is high in China, which can affect the competitiveness and profitability of the firm.

2. Shortage of employees: The availability of skilled and qualified employees can be limited in certain regions, which can hinder the growth and expansion of the franchised or licensed business.

3. Cost overruns: The cost of setting up and operating a franchise or licensed business can be high due to compliance with local regulations, marketing expenses, and other operational costs.

4. Quotas imposed: The Chinese government may impose quotas on foreign firms, limiting their market access and expansion opportunities.

5. Costly transportation fees: The cost of transporting goods and materials to and from China can be expensive, which can impact the profitability of the franchised or licensed business.

Overall, firms need to carefully assess the risks and benefits of using licensing or franchising as an entry strategy in the Chinese market and develop strategies to mitigate the potential risks.

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