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a) What is the actual (present) value of a $2,639.32 invaice issued on December 1 but payoble within 30 deys, until December 312 Use a

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a) What is the actual (present) value of a $2,639.32 invaice issued on December 1 but payoble within 30 deys, until December 312 Use a doily discount rate of 0.03% and give your answer rounded to two decimals. Your Answer: b) A three-year investment gains 7.2% in year 1,0% in year 2 and loses 1.6% in year 3 . What is its average annual rate of return? Give your answer in percent rounded to two decimals. Your Answer: e]provision of a service has a fixed cost of $1,900 end a variable cost of $3 per service request. its demand (D) is elestic with its perice (p) according to the formula D(p) =600 - 3p. If service is offered for $14 per tequest, what will be the provider's profit? Give your answer in full dollars. Your Answer: d) You are bidding for a new business contract against one other firm, Alids must be made in thousands of dollars, and the firm with the lowest bid will get the work and be paid their bid. Based on inside information, you know that the other firm will ask for $11k, $13k, $16k, $18k or $20k, and you 03t imate your own firm's cost of doing the work at $10,000. How much should you never ask for? Question options: e) In the prior problem, if you expect that each of the other firm's bids is equally likely, how much should you ask for to get the contract with a probability of 8ow? Question aptions: f) in the prior problem, it you decide to bid \$14k, what will be your expected profit? Question options

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