Calculate the single risk premium (to 2 decimal places) to be charged today on an insurance product that pays regular claims of $500 in 1,2,3, ...,25 years from today. Use an interest rate of 4% per annum.

Frank, the fire chief, told his employees to "Think big and endeavor to be more detailed and caring while at work and in setting goals.

Terrell has an employer-sponsored 401 (k) plan that he contributes to, and his employer matches 25% of his 401 (k) contributions. Terrell's salary is $40,000, and last year he contributed $5000 to his 401 (k) plan.

An item's real value is A. Equal to its price B. Always greater than its perceived value C. Equal to the cost of its production D. An average of the price of competitor items

Services United is considering a new project that requires an initial cash investment of $78,000. The project will generate cash inflows of $29,500, $32,700, $18,500, and $10,000 over each of the next four years, respectively.

Carmen informs the sales clerk of an electronics store that she needs a computer that can maintain a 12-hour battery charge. The sales clerk sells a computer to Carmen and withholds the fact that it cannot maintain a 12-hour battery charge.

An ordinary annuity selling at $14,130.15 today promises to make equal payments at the end of each year for the next twelve years (N). If the annuity's appropriate interest rate (IN) remains at 8.

The weighted average cost of capital for a firm with debt is the: Discount rate that the firm should apply to all of the projects it undertakes. Rate of return a firm must earn on its existing assets to maintain the current value of its stock.

Assume that the economy has three types of people. 20% are fad followers, 75% are passive investors, and 5% are informed traders. The portfolio consisting of all informed traders has a beta of 1.4 and an expected return of 16%.

Carrie is having problems with her co-worker Shawn. Shawn is always late in completing his part of their projects. Carrie decides to talk to Shawn. She speaks to him calmly to identify the problem.

Transent Foods announced that its current sales are $1,233,450 this year. The company forecasts a growth rate of 16 percent for the foreseeable future. How long will it take the firm to produce earnings of $3 million? (Round off to the nearest year.