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You bought a $1200 TV with your new credit card that charges 23% APR. Your plan is to pay off the card in 5 years.
a) How much is your monthly payment?
b) After two years you plan to have better credit and use a card with a lower rate. What will the balance be at this time?
c) If at the two year point, you can then afford to pay $45 per month, how many months will it take you to pay off the balance if the new rate is 12%?
Stock C splits three for one. What new divisor should be used in computing the price-weighted average?
Your company has been hired as consultants for Bubble Films, a Hollywood, California-based company that produces documentary films.
the michener company purchased a special machine 1 year ago at a cost of 12000. at that time the machine was estimated
What coupon rate must the new bonds offer in order to sell at face value? (Round your answer to 2 decimal places.)
Compare the market cap to your calculated value.
coogly company is attempting to identify its weighted average cost of capital for the coming year and has hired you to
What is the effective annual interest rate on this lending arrangement? (Do not round intermediate calculations. Answer should be a percent rounded to 2 decimal
The Role of Financial Management in a Firm. Summarize the role of management as it relates to finance in a corporation. In your post, address the following:
However, the $10000 he has right now is needed for urgent repairs to his home, repairs that will cost at least $15000 if he delays them for a year. What is the best alternative for Peter out of the following choices?
Develop a strategy for producing financial statements including income statements, balance sheet, statement of retained earnings, and cash flow for the purpose of showing the financial position of your firm to the board of directors
Describe the actions you will take to achieve tax savings in the present year.- Detail the means by which you will reduce your tax liability in the future.
As a junior financial analyst in a brokerage firm, you have been asked by your boss to show the usefulness of the World Wide Web as a convenient resource for financial research.
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