Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Consider the following statement made by a manager of a large Australian investment fund (reported in Australian Financial Review, July 19, 2019): "Historically if you're a fund manager you would have thought the long-term interest rate is about 5 percent if we look over the last 30-odd years. Take a business growing at 4 percent a year, with a cost of equity of 10 percent based off a 5 percent riskfree rate and a 5 percent market risk premium: you would value that at around 16.6 times free cash flow. Now take a business growing at the same rate, with a 4 percent risk-free rate. At a 9 percent cost of equity that would command a 20 times multiple.
At a 3 percent risk-free rate, the cost of equity is 8 percent, and the multiple is 25. Finally at 2 percent - "which is where the world is at the moment" - the same business would be worth around 33 times free cash flow." Interpret this statement in light of the theories studied in class and explain where the firm valuation numbers discussed in the quote come from
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly, cost advantages that create monopolies, government actions that create monopolies, and government actions that reduce market power.
a) Calculate national savings, private savings and public savings. b) Determine the equilibrium interest rate.
Contrast and discuss the effect of the two policies on the nominal exchange rate.
What is the current state of the US economy? What are some of the major factors contributing to the current state of the economy? Cite key relevant statistics and economic indicators.
Say the economy is in recession and you are the newly hired Federal director of fiscal policy. List and explain the six properties of idea money.
Suppose N1= 16 and N2= 12. At which lake is the average catch per fisher greater? In light of this fact, how would you expect the fishers to redeploy themselves?
What changes did the people in the video expect the Internet to have on government? Which predictions and/or what perceptions proved true and which ones did not? Explain why the Internet fell short of expectations in terms of its impact on politics..
Realizing that the major function of benefit is to allocate resources according to consumer preferences, why are some groups in United States extremely critical of companies that earn increasing benefits
What is the equilibrium wage rate in an unregulated market? Determining the comparative advantage of a country requires that you look at the economic notion of.
Calculate the labor force participation rate. So the Labor Force Participation Rate is___? Please show the calculation process.
1.What does ifconfig do in Linux? 2.What are the ranges used for private ip addressing.
First, read Fuguitt and Wilcox, pages 181-183. Then, from the Stock and Watson text Web site find a data file CAschooldistricts that contains data on school districts for 420 districts in California. A detailed description is given in CAschool_D..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd