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2 years ago

13

Which of the following does not belong in the M2 category? near money money market mutual funds deposits in savings currency hel

d in bank vaults

2 answers:

irakobra [83]2 years ago

5 0

deposits in savings accounts and money market mutual funds.

Finger [1]2 years ago

4 0

Currency held in bank vaults.

Hope this helps :)

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Answer:

20%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

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Cash flow each year from year one to seven = 84,000

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To find the IRR using a financial calacutor:

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I hope my answer helps you

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Answer:

it is A. True

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2 years ago

Kathy is a financial analyst in BTR Warehousing’s. As part of her analysis of the annual distribution policy and its impact on t

olya-2409 [2.1K]

Answer and Explanation:

The computation is shown below.

1. Value of the firm operations is

= Free Cash Flow × (1 + Growth Rate) ÷ (WACC - Growth Rate)

= $87 million × (1 + 8%) ÷ (13% - 8%)

= $1,879.20

This is the answer but the same is not provided in the given options

2. The intrinsic value of equity immediately prior to stock repurchase is

= Value of Firm's Operations + Value of Non Operating Assets - Value of Debt - Value of Preferred Stock

= $1,879.20 + $120 - $232 - $145

= $1,622.20

This is the answer but the same is not provided in the given options

3. The intrinsic stock price immediately prior to stock repurchase is

= Intrinsic Value of Equity Prior to Stock Repurchase ÷ Number of Outstanding Shares

= ($1,622.20) ÷ (21.75 million shares)

= $74.58

This is the answer but the same is not provided in the given options

4. The number of shares repurchased is

= Cash Used for Repurchase ÷ Intrinsic stock price

= $120 ÷ $74.58

= 1.61

This is the answer but the same is not provided in the given options

5. The intrinsic value of equity immediately after stock repurchase is

= Value of Firm's Operations - Value of Debt - Value of Preferred Stock

= $1,879.20 - $232 - $145

= $1,502.20

This is the answer but the same is not provided in the given options

6. The intrinsic stock price immediately after stock repurchase is

= Intrinsic Value of Equity After Stock Repurchase ÷ Number of Outstanding Shares after Repurchase

= ($1,502.20) ÷ (21.75 million shares - 1.61 million shares)

= $74.59

This is the answer but the same is not provided in the given options

This statement is false because if the stock price changes after a firm conducts its share repurchase, then there are arbitrage opportunities. Thus, the price of the stock remains the same after a repurchase

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2 years ago

The owner of an interior lot has received notice that the city intends to place a sidewalk across his property. The lot measures

LUCKY_DIMON [66]

Answer:

<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>

<em></em>

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The homeowner's cost will be 50% of $4000

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Answer: Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

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2 years ago