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Studentka2010 [4]
2 years ago
8

A loan that calls for periodic interest payments and a lump sum principal payment is referred to as a(n) ____ loan. Multiple Cho

ice amortized balloon interest-only modified pure discount
Business
1 answer:
melisa1 [442]2 years ago
4 0

Answer: INTEREST-ONLY LOAN

Explanation:

An interest-only loan is a type of loan where the debtor pays only interest in the interim period but the pays the principal at a specified date in a lump sum.

This kind of loan can be structured in different ways per borrower but the above is the basic nature of such loans.

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Global Tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth r
ad-work [718]

Answer:

A) $1.82

Explanation:

the dividends discount model is used to determine the value of stock given the distributed dividends and the required rate of return:

current dividend $0.20 per stock

dividends year 1 =  $0.23 per stock

dividends year 2 =  $0.2645 per stock

dividends year 3 =  $0.3042 per stock

dividends year 4 =  $0.35 per stock

after year 4, we need to calculate the growing perpetuity = dividend / (return rate - growth rate) = $0.35 / (17.4% - 2.5%) = $0.35 / 14.9% = $2.35

now we must find the present value of the cash flows:

PV = $0.23/1.174 + $0.2645/1.174² + $0.3042/1.174³ + $0.35/1.174⁴ + $2.35/1.174⁵ = $0.1959 + $0.1919 + $0.188 + $0.1842 + $1.0537 = $1.82

6 0
2 years ago
High-End Fashions, Inc., bought a production line of ankle-length skirts last year at a cost of $500,000. This year, however, mi
castortr0y [4]

Answer:

the $500,000 that the old production line costed must be treated as a sunk cost. Sunk costs are costs that have already been incurred and the firm cannot recover them no matter what they do. in this case, since ankle-length skirts are out of fashion, the production is useless and is worth $0.

Explanation:

6 0
2 years ago
A customer is upset because an advertised item has been sold out. how would you respond to the customer
jasenka [17]
If i was a worker at the lets say store I would say, "How about you give me your phone number and when its restalked or on sale again, I call you, ok?" 

If I was a bystander I would walk away probably, or try to help in some way, if the customer was a kid I would probably just give it to them.
6 0
2 years ago
Antarctica has been continuously glaciated for the last __________ years. geology
o-na [289]

Answer:

15 million years

Explanation:

Antarctica is the continent that is spread around the South Pole, known for being covered with ice, and being the coldest place on the planet. The glaciation of the continent started around 34 million years, started to speed up since 23 million years ago, and became dominant on this continent only around 15 million years ago. Antarctica has not always been covered in ice, and in fact, through the majority of its geologic history Antarctica has been covered with dense forests. This was possible because the continent was much further north, relatively close to the Equator, thus its climate was tropical, subtropical, and temperate. That all started to change as first Pangaea, and then Gondwanaland broke apart, and Antarctica was the piece that was moving toward the South Pole. As Africa, India, Australia, and at last South America drifted apart from Antarctica, the continent was left surrounded by ocean waters where very cold ocean currents occurred because of the continental drift. On top of it the continent got into a place where the sunlight is very weak, thus gradually it started to freeze and had become almost entirely glaciated.

3 0
2 years ago
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What unique things would separate you from other applicants applying for this money?
Sergio039 [100]
<span>The unique things that would separate me from other applicants applying for this job are the ff: (1) i do not care of the compensation but more on the learning i can gather at the end of the day; (2) it has always been my passion to the job; and (3) i want to share my skills and talents to the company as well.</span>
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2 years ago
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