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Please explain thoroughly this problem, thank you. Suppose the average casino patron in Las Vegas loses $110 per day, with a standard deviation of $700. Assume winnings/losses are normally distributed.
a. What is the probability that a random group of nine people averages more than $500 in winnings on their one-day trip to Las Vegas?
b. What is the probability that a random group of nine people averages more than $500 in losses on their one-day trip to Las Vegas?
Will the future value be larger or smaller if we compound an initial amount more often than annually (e.g., semiannually, holding the stated (nominal) rate constant)? Why?
density farms inc. had sales of 500000 cost of goods sold of 180000 selling and administrative expense of 70000 and
Compute the IRR for this project. How many IRRs are there? Using the IRR decision rule, should the company accept the project? What's going on here?
what is the major advantage of fixed exchange rate system? why do you think countries have tried to establish various
Investment X offers to pay you $5,500 per year for nine years, whereas investment Y offers to pay you $8,000 per year for 5 years. Which of these cash flow streams has the highest present value if the discount rate is 5% If the discount rate is 22..
What is a package policy? Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies. Identify the causes of loss that are covered under the Causes-of-loss basic form.
One firm is funded by equity and debt in equal amounts (at market value). One analyst estimated the WACC in the firm at 5% and the stable growth rate.
Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is $20 per unit per year.
1. a firm must know where to position its product based on priceand 2. what type of strategy consists of geographical
What is the expected free cash flow in the second year of the project if the firm's marginal tax rate is 35â%?
Compute Current period productivity and Previous period productivity. Did the worker's productivity increase, decrease, or remain the same?
If you were brave enough to ask, what APR would Friendly's say you were paying? (Do not round intermediate calculations and enter your answer as a percent).
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