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Pretty Diamond Ltd is a limited company (‘the Company’) which engages mainly in the business of designing jewels. Recently, a designer in the Company, Miss Ho, while using a cutting blade, negligently injured the left eye of Miss Beauty, a wealthy customer of the Company. Beauty was badly injured and suffered a permanent loss of eyesight in her left eye. Beauty wanted to sue Miss Ho, estimating that her claim would be about HK$10 million.
Required:
a. Advise Beauty whether she should initiate criminal or civil proceedings by explaining the difference in nature of the two kinds of proceedings.
b. Advise Beauty to which court she should bring her claim and briefly describe the function and duties of this court.
You are thinking about buying a savings bond. The bond costs ?$59 today and will mature in 7 years with a value of $118. What annual interest rate will the bond? earn? The bond will earn an annual rate of __%
Flyin‘ Ryan‘s Tire Sales is considering the purchase of new tire balancing equipment. The machine will cost $12,600 and have an annual savings of $1,500 with a salvage value at the end of 12 years of $250. If MARR is 6%, calculate the pre-tax Benefit..
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Kiki owns 15% of Dexters corporation. What tax bearing does Kiki derive from this situation?
The required return on this stock is 12 percent, and the stock currently sells for $62 per share. What is the projected dividend for the coming year?
Compare and contrast the three major types of mortgage backed securities: Pass Through Security. Collateralized Mortgage Obligation or CMO. Mortgage Backed Bond How are they created/originated, where are they traded (primary or secondary markets), wh..
The Ski Pro Corporation, which produces and sells to wholesalers a highly successful line of water skis, has decided to diversify to stabilize sales throughout the year. The company is considering the production of cross-country skis.
Use the Black-Sholes-Merton model to find the price of a 12-month European call option on the stock with a strike price of $20.
What is g if you have the following information: Revenues= 100000, expenses=80000, Shares= 100000 equity= 100000 discount rate= 10% dividends= $.07 per share, Depreciation= $15000 Taxes= 30%
Stanley has $2,400 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,800 in 4 years. What interest rate would the investment have to yield in order for Stanley’s brother to deliver on h..
You have an investment account that started with $4000 10 years ago and which now has grown to $12000. What annual rate of return have you earned (you have made no additional contributions to the account)?
Which terms in the equation for Taylor rule can be influenced by the government through monetary policy?
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