Reference no: EM131186551
The Hamptons Home of a Famed Socialite Hits the Market
“Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan – a Gilded Age heiress and socialite, renowned for her beauty and wealth. Now Ms. Balsan’s onetime Hamptons home is slated to hit the market priced at $28 million with Tim Davis of the Corcoran Group.
Located on Ox Pasture Road in Southampton, the shingle-style home was built around 1900 and is known as “Gardenside” or “Cara-Mia”. Ms. Balsan, the great-granddaughter of railroad magnate Cornelius Vanderbilt, owned the house until her death in 1964.
According to public records, the estate is owned by Robert G. Goldstein, executive vice president and president of global gaming operations at Las Vegas Sands Corp, and his wife Sheryl, who purchased the house in 2007 for $17.4 million.” (The Wall Street Journal, August 1, 2014, M2)
In your initial response to the topic you have to answer all 5 questions.
Calculate the annual compound growth rate of the house price during the period when the house was owned by Robert G. Goldstein (since 2007). (Round the number of years to the whole number). Please show your work.
Assume that the growth rate you calculated in question #1 remains the same for the next 20 years. Calculate the price of the house in 20 years. Please show your work.
Assume the growth rate that you calculated in #1 prevailed since 1900. Calculate the price of the house in 1900.Please show your work.
Assume the growth rate that you calculated in #1 prevailed since 1900. Which price was paid for the house in 1964? Please show your work.
You were using the time value of money concept to answer the question #3. Think about the time line for that problem. What is the time point 0 in that problem? Please explain your answer.
|
The development of a strategic analysis
: Strategic Analysis :- Identification of e-sonic's industry based on the North American Industry Classification System (NAICS).
|
|
Developing struts application
: What are the reasons for an error message not being displayed while developing struts application?
|
|
Create a bus matrix based
: Imagine that you are a senior data warehouse architect for LECAL Corporation. Your company has been contracted by the U.S. Department of Education to develop a data warehouse which will track student performance on a series of planned nationwide ..
|
|
Determine the amount of oxygen in the tank
: The pressure gage on a 2.5-m3 oxygen tank reads 500 kPa. Determine the amount of oxygen in the tank if the temperature is 28°C and the atmospheric pressure is 97 kPa.
|
|
The hamptons home of a famed socialite hits the market
: “Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan – a Gilded Age heiress and socialite, renowned for her beauty and wealth. Now Ms. Balsan’s onetime Hamptons home is slated to hit the market priced at $28 million with Tim Davis of ..
|
|
Problem regarding the personal identification number
: Consider an automated teller machine (ATM) in which users provide a personal identification number (PIN) and a card for account access. Give examples of confidentiality, integrity, and availability requirements associated with the system and, in e..
|
|
What methods and techniques are used in counter intelligence
: What methods and techniques are used in counter intelligence collection? Explain and what are common sources for counterintelligence? Explain.
|
|
What kinds of queries would be useful to woodcraft
: What kinds of queries would be useful to Woodcraft, assuming that it wants to improve its sales, relationship with its customers, or other aspects of its business? Describe what information you might want to select from the database in the form of a ..
|
|
How can we prevent an attack at our firm
: Being very specific, explain how did they break in to get this data? Who did the attacking and what did they get? Was the data lost encrypted? Would that help? Why? How can we prevent an attack at our firm?
|