An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate of return of 12%, compounded annually, what's the most the investor should be willing to pay for the investment? a) $42,000b) $15,146c) $13,523d) $130,446
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate of return ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Kemper Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at a cost of $1,000,000. At December 31, 2020, the raw materials to be purchased have a market value of $950,000.
Answers (1)
Holt Company issues 10,000 shares of restricted stock to its new CEO, on January 1, 2020. The stock has a fair value of $260,000 on this date. The service period related to this restricted stock is 5 years.
Answers (1)
At the broadest level, the financial system moves the economy's scarce resources from a. the rich to the poor. b. financial institutions to business firms and government. c. households to financial institutions.
Answers (1)
The ability to combine marketing knowledge with operations knowledge is an example of ___ skills
Answers (2)
Alberto is a carpenter. He needs a new saw in order make more cabinets to sell to his buyers. To do this, he sells a bench he has made, and uses the money to purchase a new saw.
Answers (1)
New Questions in Business
Increases to owner's equity may be from expenses that are incurred. expenses exceeding revenue for the period. withdrawals of cash from the business by the owner. revenue that is derived from sales of goods or services
Answers (1)
Now consider a strangle using the same call with a strike price of $100 and a different put with a strike price of $95. Both have the same expiration date.
Answers (1)
Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its costs of equity is 15 percent, and the cost of debt is 8 Percent. The relevant tax rate is 35 percent.
Answers (1)
That the total dollar amount of the debits equals the total dollar amount of the credits in the ledger accounts can be verified through a (n) a. balance sheet b. trial balance c. chart of accounts d. income statement
Answers (1)
Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.
Answers (1)