Question
An investment opportunity offers you an interest of 0.55% per month, and paid monthly. What will be the value of your initial investment of $456
An investment opportunity offers you an interest of 0.55% per month, and paid monthly. What will be the value of your initial investment of $456 at the end of 11 years?
Multiple Choice
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$1,128.70
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$752.47
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$1,410.88
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$940.59
ABC common stock is expected to have extraordinary growth in earnings and dividends of 19% per year for 2 years, after which the growth rate will settle into a constant 5.30%. If the discount rate is 14% and the most recent dividend was $1.90, what should be the approximate current share price?
Multiple Choice
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$ 30.53
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$ 37.39
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$ 29.11
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$ 31.54
A project's expected return is 22%, which represents a 32% return in a boom, a 10% return in a normal, and a 5% return in a stagnant economy. What is the probability of a boom if these are the only three economic states and the probability of a stagnant economy is 16%?
Multiple Choice
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46.55%
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58.18%
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34.91%
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69.82%
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