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2 years ago

Greg's agrees to buy hal's sports store on condition that he is approved by first state bank for the financing. this approval is

1 answer:

6 0

The approval in which Greg's agrees to buy Hal's sports store on condition that he is approved by first state bank for the financing is condition precedent. The condition precedent is a condition that is required in order something else to occur<span> and must come to pass before a specific contract is considered.</span>

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On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $180 million. The bonds mat

pychu [463]

Answer:

Bond Price = $149.1136446 million rounded off to $149.11

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 180 million * 0.08 * 6/12 = 7.2 million

Total periods (n) = 20 * 2 = 40

r or YTM = 0.1 * 6/12 = 0.05 or 5%

The formula to calculate the price of the bonds today is attached.

Bond Price = 7.2 * [( 1 - (1+0.05)^-40) / 0.05] + 180 / (1+0.05)^40

Bond Price = $149.1136446 million rounded off to $149.11

3 0

2 years ago

Gina DeLong has lived in her home for 26 years. During that time the city has tripled in population, traffic is a mess, and ther

sashaice [31]

Answer:

Question: Which amendment is involved. What is the right thing to do according to The Bill of Rights?

Answer: The 5th Amendment. A compensation should be made to Gina DeLong for the destruction of her home.

Explanation:

The 5th amendment creates a number of rights relevant to criminal and civil legal proceedings.

It requires that due process of the law be part of any proceeding that denies a citizen - life, liberty or property and requires the government to compensate citizens when it takes their private property for public use.

In this case the City has experience massive growth which requires expansion of roads as a result of traffic overload. The expansion of roads would require that private citizens on these roads be relocated and Gina belongs in this category.

The 5th amendment gives Gina the right to a civil legal proceeding requesting the government to compensate her at a fair price for her property.

6 0

2 years ago

Winston Clinic is evaluating a project that costs $52, 125 and has expected net cash inflows of $12,000 per year for eight years

kvv77 [185]

Answer:

Payback period (years): 4.23 years

NPV: $6,685

IRR: 16%

MIRR: 14%

The project is financially acceptable because IRR and MIRR is greater than cost of capital

Explanation:

Payback period is calculating the number of year when cash inflow can cover cash outflow (regardless the present value of cash inflow).

As we can easily estimate, cash inflow in 5 year can cover the investment.

Then payback period = 4 years + 12000/52,125 = 4.23 years

We can use excel to calculate NPV, IRR, MIRR in the formula as below

Net present value of project: NPV=(discounting rate, cash outflow, cash inflow) = (12%, -52125,12000,12000......,12000) = $6,685

Internal rate of return: IRR= (cash outflow, cash inflow) = ( -52125,12000,12000,......,12000) = 16%

Modified internal rate of return: MIRR = (cash outflow, cash inflow, IRR, cost of capital) = (-52125,12000,12000......,12000,16%,12%) = 14%

<em>Please see attachment for more details.</em>

Download xlsx

5 0

1 year ago

The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.

dezoksy [38]

Why should i ever care just kidding

6 0

2 years ago

What is the overall purpose of differentiation?

Roman55 [17]

The overall purpose of differentiation is letter e, to create superior customer value. It is because differentiation is being defined as a way of making products to be more appealing or attractive in means of using unique qualities that may be of the customer's taste in a way of creating customer value.

8 0

1 year ago