What is the numerical range for credit scores? O 400-620 O 300-850 O 350-750 O 300-800

Q: Consider a borrowing of $400,000, with monthly payments to be made over 15 years with a 15% add-on…

A: Annual Percentage Rate = [( 1 + r/n)n ] -1 r = 15%/12 = 1.25% n = 12

Q: All of the following can hurt your credit score EXCEPT

A: Credit Score: It is a metric used to measure the ability of individuals to pay back the amount…

Q: g factory has been offered a contract to produce a part for a new printer. The contract would last…

A: Solution:- Internal Rate of Return (IRR) means the rate of return the project is yielding. At IRR,…

Q: David has a total wealth of $50,000, which corresponds to 500 utils of happiness (i.e., David's…

A: Expected utility is defined as an utility of an aggregate or entity economy over the specified time…

Q: Based on the following information, compute the (1) current ratio and (2) working capital. (Round…

A: Current ratio = Current assets/Current liabilities Working capital= Current assets - Current…

Q: A) Brock purchases equipment that has a fair value of $50,000. Brock pays $10,000 as a downpayment,…

A: Fair Value of Equipment is $50,000 Downpayment is $10,000 Principal amount of note is $60,000 Annual…

Q: a. What is the company’s total book value of debt? (Enter your answer in dollars, not millions of…

A: Cost of debt (yield to maturity) refers to the total return generated by a bond until it matures.…

Q: What is the inventory turnover if an annual credit sales value of 365 million; accounts receivable…

A: Solution:- We know, Inventory Turnover Ratio means the ratio of cost of goods sold to the average…

Q: Economics Sherry has a goal of retiring with $371,060 by making weekly deposits into an investment…

A: First, we need to calculate the weekly deposit made.  Weekly Deposits made: N = 52* 27 years = 1404…

Q: White Chocolate Co. has a current period cash flow of $1.2 million and pays no dividends. The…

A: Stock used to comprise all the shares into the ownership of the company and are divided in finance.…

Q: On May 6, May Payment makes a purchase of $258.50 on her credit card. The purchase appears on her…

A: A credit card is a pay later facility where banks pay on behalf of customers at the time of purchase…

Q: Given the following information for Huntington Power Co., find the WACC. Assume the company’s tax…

A: Working Note #1 Computation of  weight of debt and equity Particulars No. Value Total (GH¢)…

Q: A year-end bonus of $26,000 will generate how much money at the beginning of each month for the next…

A: Bonus amount (PV) = $26000 Interest rate = 6.36% Monthly interest rate (r) = 6.36%/12 = 0.53% Number…

Q: For a 10%, $1,000 coupon bond, a longer term bond (say, 15 years) is: less affected by changes in…

A: Solution 5:- Volatility means the change in price of bond when market interest rate changes.

Q: es for-profit and not-for-profit o

A: Step 1   For-Profit Organizations: A for-profit organization operates with the primary goal of…

Q: Beta is a measure of? Risk in a well diversified portfolio Systematic risk The extent to which the…

A: Beta is measure of stocks movement or volatility in respect to market. Stocks with higher beta are…

Q: Ms. Jones deposited $400 at the end of each month for 20 years into a savings account earning 6%…

A: Solution: The total amount in the saving account after twentieth year is the sum of future value of…

Q: Sam is buying a refrigerator. He has two choices. A used one, at $475, should last him about three…

A: Explanation : If we have two option and same provide the positive NPV then we should select that…

Q: You have $2,100 to invest for 2 years. Which account should you choose to have the largest account…

A: Future Value: It is the future worth of the current amount and is computed by compounding the…

Q: Time Value Comparison of Single Amounts Assume you need to choose one of the alternatives shown…

A: Given: Particulars Amount Year Interest rate Alternative 1 $28,500 3 11% Alternative 2…

Q: Not use excel Q)You take out a home loan for $250,000, with an annual interest rate of 6% for 30…

A: Solution:- When a loan is taken, it is to be repaid as a lump sum payment or in installments. When…

Q: Which of the following is NOT true. An options contract is a contractual agreement between two…

A: Option trading allows a person to buy or sell an asset at a particular price. The price of an option…

Q: Yesterday, John bought a ten-year, $50,000 coupon bond with an annual rate of 5% compounded…

A: Solution:- Coupon rate of bond shows that how much coupon does the bond is paying to the bondholder,…

Q: 3. Timmy borrows $10,000 and agree to make annual payments for five years (beginning one year after…

A: Borrowed amount = $10,000 Interest rate = 0.07 First payment = $1,000 Second payment = $2,000 Third…

Q: ou pay no intere True

A: A debit card allows users to pay by deducting money customer’s bank account instead of borrowing…

Q: +ve risks and -ve risks

A: A risk is an unexpected event that may impact and affect any area of your project says, people,…

Q: Bea Fehr requires a personal loan to purchase appliances that cost S5000. She meets with the loan…

A: Cost of Equipment is  $5,000 Time period of loan is 3 years Interest rate of Institution- A is 934%…

Q: You purchase an RV by making a down payment of $10,700. The terms of your finance agreement have an…

A: Cash Price = Down Payment + total  Installment amount paid

Q: What is the difference between a credit card and a debit card? O A credit card is loaned money, plus…

A: Debit card or debit card are the facilities given by the banks to their customers so that they can…

Q: The following bond list is from the business section of a financial newspaper on January 1, 2016.…

A: Given, The Coupon rate of bond 4.13% Term is 5 years The bond pays semi annual coupons

Q: Assume that your rich aunt has given you $25,000 in a gift. You have come up with three ways to…

A: The potential gains that an individual, venture capitalist, or corporation disregards while choosing…

Q: Why does have equity habve a higher vost of capital compared to debt?

A: Reasons why equity have higher cost of capital than debt is 1) Debt has tax advantages I,e tax…

Q: Suppose you want to buy a $147,000 home. You found a bank that offers a 30-year loan at 3.3% APR.…

A: Mortgage/ Borrowings:  Borrowings are the loan which is taken by the individual to meet its…

Q: ABC Construction Corporation is planning to purchase STUVW Mining Corporation which is owned by S,…

A: When two or more companies join together or one company tends to acquire the other company, it is…

Q: The following data pertains to Xena Corp.   Xena Corp. Total Assets $23,610 Interest-Bearing Debt…

A: Cost of debt capital = Average borrowing rate for debt ×[1- Tax rate]

Q: vails the loan offered by his company with a minimal interest of 1.5% every 6 months. He borrows…

A: Loan is an agreement between two people where one lends a sum of money and the other borrows. The…

Q: 2. MalikCo is currently an all-equity firm with expected EBIT of Rs. 240,000 in perpetuity. The…

A: As you have asked a multiple part questions, we will answer the first three subparts for you. To get…

Q: What was the original interest rate?

A: The original interest rate can be found using the time value of money concept. In excel, the RATE…

Q: QS 24-23 (Algo) Internal rate of return LO P4 Perez Company is considering an investment of $30,490…

A: Internal Rate of Return:  Internal Rate of Return (IRR) is the required rate of return at which the…

Q: State Probability, p(s) End-of-Year Price Annual Dividend HPR P(HPR) HPR Diviation from E(R_)…

A: The equations used are given as follows:   P(HPR)=Probability×HPRHPR Deviation from…

Q: The chart below shows the exchange rate between the U.S. dollar and Norway's currency, the kroner,…

A: Given, The chart that shows the exchange rate between US dollar and Kr.

Q: Name two reasons that requiring more disclosure in the securities market is helpful.

A: Disclosure means making the information or facts about the company known to the public, customers…

Q: Liza Ammorante borrow  125,000 per annum to be paid in 5 years time, on equal yearly at 6.735% per…

A: An amortized mortgage is a loan that is paid off in equal periodic installments. The installments…

Q: Use the NPV method to determine whether Juda Products should invest in the following projects: •…

A: Answer 1:- The net present value (NPV) of a project is calculated as present value of cash inflows…

Q: Dayton Mechanical, Inc. is currently evaluating a potential new investment. The investment will be…

A: The net benefit to leverage factor: The net benefit to leverage factor, in this case, can be…

Q: Using the balance sheet provided, what is the decimal value for the XYZ Company Balance Sheet Assets…

A: Balance Sheet: A balance sheet is a statement which provides financial data related to the assets,…

Q: ana has to pay RM1,200 every month for 360 months to settle a housing loan at 4% compounded…

A: Here we will use the concept of time value of money. As per the concept of time value of money the…

Q: apital Investments Project DC Company is considering the purchase of a new machine. The price of…

A: Cost of capital is 15% To Find: Net present Value

Q: Find the future value of £2000 when it grows at an annually compounded rate of 5% for 10 years. An…

A: Future Value,  FV=PV(1+i)n Here, PV (Present Value) = 2000 i (interest rate) = 5% = 0.05 n (number…

Q: Paula Boothe, president of the Bramble Corporation, has mandated a minimum 9% return on investment…

A: Return on investment = (Return or operating income/Investment)×100