An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate
Question:
An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate / period is 6.0%. What is the present value of this annuity?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
WAHIDUL HAQUE
hello,
I'm a professional academic solution provider working as a freelance academic solution provider since 7 years. I have completed numerous projects. Help lots of students to get good marks in their exams and quizzes. I can provide any type of academic help to your homework, classwork etc, if you are a student of Accounting, Finance, Economics, Statistics. I believe in satisfying client by my work quality, rather than making one-time profit. I charge reasonable so that we make good long term relationship. why will you choose me? i am an extremely passionate, boldly honest, ethically driven and pro-active contractor that holds each of my clients in high regards throughout all my business relations. in addition, I'll always make sure that I'm giving my 100% better in every work that will be entrusted to me to be able to produce an outcome that will meet my client's standards. so if you are a student that is now reading my profile and considering me for your academic help. please feel free to look through my working history, feedback and contact me if you see or read something that interests you. I appreciate your time and consideration.
regards
4.90+
233+ Reviews
368+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...
-
Imagine that you have decided you need a new car, but not any car will do; you have decided to purchase the car of your dreams. Conduct some research as to the cost of this car. You have determined...
-
See page 129- 137 on attachment for more details there are five steps to the project. Step 1: Create the loan amortization schedule for the property. Step 2: Create the depreciation schedule. Step 3:...
-
The wheelbarrow and its contents have a center of mass at G. If F = 100 N and the resultant moment produced by force F and the weight about the axle at A is zero, determine the mass of the...
-
1. Why did Sony push back introduction of the OLED television? What was the advantage in waiting? What were the drawbacks? Was there a threat of moving to market with new technology too fast? How...
-
Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred ty Vignana for last year $83,000 $90,000 Cost of clay used...
-
ST62 Bond yields Elliot Enterprises bonds currently sell for $1,150, have an 11% coupon interest rate and a $1,000 par value, pay interest annually, and have 18 years to maturity. a. Calculate the...
-
Goldings finishing department had the following data for July: Required: 1. Calculate unit costs for the following categories: transferred- in, materials, and conversion. 2. Calculate total unit...
-
Campbell Soup Corporation expects to incur $300,000 of factory overhead and $500,000 of general and administrative costs next year. Direct labor costs at $25 per hour are expected to total $500,000....
-
An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate / period is 6.0%. What is the period 5 future value of this annuity?
-
Consider a system of four annuity variables. (a) An annuity pays $63.00 each period for 3 periods. For these cash flows, the appropriate discount rate / period is 8.0%. What is the present value of...
-
Johnstone Co. purchased a put option on Ewing common shares on July 7, 2025, for $240. The put option is for 200 shares, and the strike price is $70. (The market price of a share of Ewing stock on...
-
HealthyLife (HL) is a publicly-traded company in the Food Manufacturing Industry. HealthyLife has been around since the 1970s, and is mainly focused on the production and wholesale of "organic and...
-
The Role of Leadership in Shaping Organizational Culture Recent research stated that [c]ompanies with an established organizational culture that includes strong capabilities for change, commitment to...
-
Unscheduled absences by clerical and production workers are an important cost in many companies. Reducing the rate of absenteeism is, therefore, an important goal for a company's human relations...
-
Many of the largest tech firms, including Google, Apple, Amazon, and Microsoft, have spent hundreds of millions of dollars to improve their information technology infrastructure. Now, these companies...
-
In the business sense, a product refers to a commodity available for purchase, encompassing both services and tangible or intangible items. It may exist in physical, virtual, or cyber forms. Every...
-
Letterman Company computed earnings per share as follows. Net income Common shares outstanding at year-end Letterman has a simple capital structure. What possible errors might the company have made...
-
Draw the appropriate control flow graph of the given pseudocode.Make sure to only use one number for blocks of code which are all sequential and when the first line is executed, all of those lines...
-
Some of the common ways to align managerial goals with stockholders or bondholders goals are through compensation packages, hostile takeovers, or bond covenants. Briefly describe each and give an...
-
Ecco Company sold $150,000 of kitchen appliances with six-month warranties during September. The cost to repair defects under the warranty is estimated at 7% of the sales price. On October 15, a...
-
A company has a 13% WACC and is considering two mutually exclusive investments (that cannot be repeated) with the following cash flows: 0 1 2 3 4 5 6 7 Project A -$300 -$387 -$193 -$100 $600 $600...
Study smarter with the SolutionInn App