Question
Angelina Jolie set up a Energy Poverty fund that helps developing countries get access to clean energy. There is $4 million in the fund, of
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Angelina Jolie set up a Energy Poverty fund that helps developing countries get access to clean energy. There is $4 million in the fund, of which each year a fixed amount is paid in perpetuity. If the fund earns a 5% interest rate p.a. compounded yearly, how much is available to withdraw each year for clean energy projects?
$200,000.00
$240,000.00
$800,000.00
$16,666.67
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A car dealer offers to sell you a car for $3,000 down and $4,000 at the end of each of the next two years. What is the effective price of the car assuming that you can invest your money at a 5% p.a. interest rate? What is the effective price of the car assuming that you can invest your money at a 5% p.a. interest rate?
$10,333.57
$10,437.64
$9,748.65
$9,940.61
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What is the source of value for a firm?
Equity
Investments
Cash Flows
Revenue
Thanks
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