User Account

All Pages

How much does the bank need in the fund today

Assignment Help Accounting Basics
Reference no: EM133060199

Question - In light of the impact of the coronavirus pandemic, Katherine Mutual Bank in the Northern Territory, would like to set up a reserve fund. The fund will earn an interest rate of 4.7% per annum. If the fund pays a fixed amount of $11 million to the bank annually for an infinite period, starting three years from today, how much does the bank need in the fund today?

Reference no: EM133060199

Questions Cloud

Discuss the relevance of dividend policy : The terms irrelevance relevance and have been used to describe theories regarding the way dividend policy affects a firm's value. Explain what these terms mean
Journalize the transaction on books of Carla Vista Company : The selling price of the goods is $840. Both companies use perpetual inventory systems. Journalize the transaction on the books of Carla Vista Company
How would you characterize ahp operating strategy : Responses should be incorporated in the case study write-up. Each question require some quantitative analysis to supplement qualitative assessment:
Specific research topic thoroughly : Considering your specific research topic, "thoroughly" discuss your research efforts.
How much does the bank need in the fund today : If the fund pays a fixed amount of $11 million to the bank annually for an infinite period, starting three years from today, how much does the bank need
Fundamental concept with policy analysis : We learned that a fundamental concept with policy analysis is continual monitoring and assessment of the results of the implanted recommendations
What is Pinder Ltd weighted average cost of capital : Pinder Ltd operates under the classical tax system. If Pinder Ltd's tax rate is 30%, what is Pinder Ltd's weighted average cost of capital
Discuss the implication to financial statement analysis : Three economists won the 2013 Nobel Prize in Economics for showing that shortterm share prices cannot be predicted: Discuss implication to financial statement
Primary components involved in emergency management recovery : The student will complete a research assignment on covering the primary components involved in emergency management recovery.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd