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1 year ago

8

The common stock of Royal Ranch House is selling for $20.23. The firm pays dividends that are expected to grow at a rate of 4.40

% indefinitely. Your investment horizon is 9 years. What do you estimate the price of Royal Ranch House stock will be at that time?

1 answer:

ElenaW [278]1 year ago

7 0

20-(65)xy-mx+b might ce the ranch house stock

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Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars. From the data he gathered, he knows the deflator for

schepotkina [342]

Answer:

$2449

Explanation:

Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars.

Also the deflator for 1998 is 30 and for 2008, it is 74

Now he avoids making a misleading calculation

Therefore, the the nominal 1998 GDP of $993 billion in 2008 dollars

= 993/30×74= $2449.4≅$2449

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a) Sixteen years ago your parents opened a saving account in your name and made a lump sum deposit, today the balance of this ac

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Answer:

$102,348.034

Explanation:

It is a simple problem of Compound Interest, we have to find the Principle amount invested.

Given:

Future value (F) = $260,000

Rate(R) = 6% = 6/100 = 0.06

Number of years (n) = 16 years

Initial deposit (C) = ?

Calculation:

$Future value (F) = C\times (1+R)^n\\Future value (F) = C (1+0.06)^{16}\\260,000 = C(2.54035168)$

$260,000/2.54035168 = C

$102,348.034 = C

So, Initial cash Deposit = $102,348.034

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Assume TTT (a) collected $420 million in 2018 for magazines that will be distributed later in 2018 and 2019, (b) provided $204 m

larisa [96]

Answer

The answer and procedures of the exercise are attached in the following archives.

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You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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1 year ago

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MArishka [77]

Answer:

The endowment fund is not satisfied with the advisor's performance

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Judging from a nominal interest rate perspective where return expected of an investment comprises of real rate of return and an extra return which is a compensation for inflation rate in the economy,the endowment fund is not satisfied with performance of the advisor.

The satisfactory rate of return that would be expected of the advisor is computed below:

nominal interest rate=real rate+inflation rate

real rate is 8.2%

inflation rate is 2.9%

nominal interest rate=8.2%+2.9%

=11.10%

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1 year ago

Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $270,000. During June

nika2105 [10]

Answer and Explanation:

The preparation of flexible budget report is shown below:-

Xion CO.

Flexible budget report

Flexible budget Actual results Variances Favorable/

Unfavorable

Sales $864,000 $885,000 $21,000 Favorable

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(-) Variable

cost $378,000 $351,000 $27,000 Favorable

(10,800 × $35)

Contribution $486,000 $534,000 $48,000 Favorable

(-) Fixed cost $270,000 $285,000 $15,000 Unfavorable

Net income $216,000 $249,000 $33,000 Favorable

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