FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 years from now you will receive the first of 9 annual $16133 payments. The interest rate is 4% EAR. What is the present value

image text in transcribed
4 years from now you will receive the first of 9 annual $16133 payments. The interest rate is 4% EAR. What is the present value of this cash flow stream? (Note: retain at least four places of a decimal in your calculation) Select one: O $403325.00 O $41144.25 O $106638.85 $102537.36 O $344763.72

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Finance

Managing Finance

Authors: CMI Books

1st Edition

1781252181, 978-1781252185

More Books

Students also viewed these Finance questions

Question

★★★★★
This case involves a lawsuit by a company owned by the band, The Beach Boys, against one of their members, Al Jardine. The members of the Beach Boys incorporated two separate businesses. One...

Answered: 1 week ago

Question

★★★★★
Question 13 Putnam Company Below is an income statement for Putnam Company: Sales $600,000 Variable costs (150,000) Contribution margin $450,000 Fixed costs (300,000) Profit before taxes $150,000 If...

Answered: 1 week ago

Question

★★★★★
15.62 Consider the one-way analysis of variance setup. a. Show that the within-groups sum of squares can be written as follows: SSW = a K i=1 a ni j=1 x2 ij - a K i=1 nix2 i b. Show that the...

Answered: 1 week ago

Question

★★★★★
Hart Enterprises recently paid a dividend, D0, of $1.25. It expects to have non-constant growth of 20% for 2 years followed by a constant rate of 5% thereafter. The firms required return is 10%. a....

Answered: 1 week ago

Question

★★★★★
4 years from now you will receive the first of 9 annual $16133 payments. The interest rate is 4% EAR. What is the present value of this cash flow stream? (Note: retain at least four places of a...

Answered: 1 week ago

Question

★★★★★
XYZ Corporation issued $ 2 0 , 0 0 0 , 0 0 0 of 5 year, 6 % bonds on May 1 of the current year at face value, with interest payable semi - annually on May 1 and November 1 . The bonds were issued at...

Answered: 1 week ago

Question

★★★★★
don't copy paste previous answers i am already report that answers Noah and Kelly know that small businesses need to have a presence on the web to attract customers. However, they are not sure how...

Answered: 1 week ago

Question

★★★★★
1. (20 points) Consider the dataset given in the table below. The data corre- sponds to US national unemployment rates for males (y;) and females (x). Males Females 2.9 4 7.7 7.4 4.9 5 7.9 7.2 9.8...

Answered: 1 week ago

Question

★★★★★
BiggerBetter Widgets Co. makes World-Class Widgets using a relatively simple process (see flow chart below) with the following parameters. Their factory works from 9 AM to 5 PM; all operations shut...

Answered: 1 week ago

Question

★★★★★
You invest $138 today. After 11 years will you have $229. What simple interest rate did you earn on your investment? Answer as a decimal. Round to the nearest ten thousandth.

Answered: 1 week ago

Question

★★★★★
2. (10 points) The curve is the intersection of the plane x = -1 and the cone z = x + y. Find the curvature of y at the point (-1,2,5). 22

Answered: 1 week ago

Question

★★★★★
Question Should an employer finance its obligations under a death benefit plan in advance?

Answered: 1 week ago

Question

★★★★★
Question What mistakes in plan design or other circumstances would cause an employer death benefit to be included in the employees estate?

Answered: 1 week ago

Question

★★★★★
Question What is the impact of a split dollar plan on corporate earnings for accounting purposes?

Answered: 1 week ago

Previous Question Next Question