Rate of return on the eiffel tower as real-estate investment

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Show all works 1. the revered Rossignol Brothers investment banking house ' goes public' with an IPO(coincidentally) on the very same day you receive a $12,000 signing bonus as their new employee. as part of a "Rossie" profit-sharing plan, this dynamic company's new equity issue is available to you (one time only)at $100 per share. if returns to Rossie equityhoders are expected to average 17.5%(annually-stated,compounding on a weekly basis),how many years will it take for your "lump sum" t=0 investment to provide the 25% down payment on that coveted $97,000 Viper?what is the effective annual rate of return on Rossie stock? 2. After the period calculated above passes,”generous” financing is provided by New York Auto World(found in the same building as Rossie).NYAW’s credit term are 25% down, with the balance paypal in monthly installments at a fixed 24%(annually-stated) interest rate. But loan maturity is in only one year! What would your month-by-month payment to NYAW be equal to? Interest paid to NYAW in the third month of the schedule is ? principle remaining outstanding at end of month seven equals? 3. What is the implicit(annually-stated) rate of return on the Eiffel Tower as a real-estate investment? This landmark was built in 1889 at cost of 12 million French francs; today’s appraised value(compounded daily )equals 4895 million francs.

Reference no: EM131989887

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