Answer:11.82%
Explanation:
Yr C/ flow int Amount
1 7400. 1.08^2 8631.
2 11600. 1.08^1. 12,528
3 -3,200. 1 -3,200
Total reinvested amount
17959
MIRR=modified internal rate of return=
(17,959/12,800)^1/3-1
=1.1182-1=0.1182=11.82%
Answer:
Insider Trading
Explanation:
Insider trading is an illegal act which is performed by an individual on the bases of confidential information. Any information which is not for public use and is used for personal benefit is an offense which is committed by Sally.
She leaked the information to Alice who further used that information to her own personal benefit which is straight off an illegal act falling in the category of insider trading.
Answer:
B. False
Explanation:
Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).
Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.
Return on investment can be used to determine
1. Profitability of a stock investment,
2. Profitability of the purchase of a business investment
3. Profitability of a real estate business
ROI = Net return / cost of investment × 100
Net return= Final value of investment - initial value of the investment
Answer:
The legal rate to quote is 31.88% per year
The effective annual rate is 36.98%
Explanation:
In calculating the legal rate, I used the rate function in excel,whose formula is below:
rate(nper,-pmt,pv)
The nper is the period of loan calculate as 1 year multiplied by 12 months
pmt is the periodic monthly loan repayment of $3838.25
pv is the today's value of the loan at $39000
Find detailed computation in the attached spreadsheet.
Answer:
<u>b. Must still arrange to obtain and pass a background screening</u>
Explanation:
<em>Remember,</em> a notary signing agent is responsible for endorsing loan documents a sensitive job.
Thus, background screening is compulsory for those involved in the lending process including Notaries who act as signing agents. Despite the background checks, there are benefits attached to this job because the signing agents earn income for loan documents they sign.
