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Business: According to the Web site of Mars, the makers of M&M's Plain Chocolate Candies, 21% of the candies produced are green.* If we select 4 candies from a bag at random and record the number of green candies, the probability distribution is as follows: x 0 1 2 3 4 P(x) .3895 .4141 .1651 .0293 .0019 Find the expected value for the number of green candies.
What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually?
Relaxation of credit standards Lewis Enterprises is considering relaxing its credit standards to increase its currently sagging sales.
A large food processor also distributor is considering expansion into a chain of privately owned sports shoe outlets.
Compute of invoice price of a bond If the last interest payment was made 2 months ago and the coupon rate is 6%
You own a portfolio of two stock X and stock Y with 40 percent of the portfolio invested in Stock X. You have observed over many years that the variance of your portfolio value is 0.0144
What is the maximum increase in sales that can be sustained assuming no new equity is issued? (Do not round your intermediate calculations.)
The investor's income tax bracket is 30%. The long-term capital gains tax rate is 15 percent. What is the investor's second year's tax obligation?
Suppose that you have a growing perpetuity that starts next year with a $166.91 payment, grows at 7.6% and has a discount rate of 14.3%. What is the present value of this perpetuity?
what happened to the two currencies? Show the appreciation or depreciation rate for each currency.
Companies that are smart and conservative about their buybacks are not just creating value by maximizing float reduction, but they are also signaling to investors that they are likely well managed in other ways
Coverall Carpets is thinking to borrow $12,000 from the bank. The bank offers the choice of a 12% discount interest loan or a 10.19% add-on, one-year installment loan, payable in four equal quarterly payments.
Compute the return the firm should earn given its level of risk. (Round your answer to 2 decimal places.) Required return %
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