Reference no: EM132824015
Question - On March 28, 2008, Toyota Motor Credit Corporation (TMCC), a subsidiary of Toyota Motor, offered some securities for sale to the public. Under the terms of the deal, TMCC promised to repay the owner of one of these securities $100,000 on March 28, 2038, but investors would receive nothing until then. Investors paid TMCC $24,099 for each of these securities; so they gave up $24,099 on March 28, 2008, for the promise of a $100,000 payment 30 years later.
a) Based on the $24,099 price, what rate was TMCC paying to borrow money?
b) Suppose that, on March 8, 2016, this security's price is $39,583. If an investor had purchased it for $24,099 at the offering and sold it on this day, what annual rate of return would she have earned?
c) If an investor had purchased the security at market on March 8, 2016, and held it until it matured, what annual rate of return would she have earned?
Keeping in view the importance
: Keeping in view the importance, what do you understand about the concept of career in the context of career development?
|
Are the given requirements consistent with goss v lopez
: Are these requirements consistent with Goss v. Lopez? Support your position with examples from case law, the U.S. Constitution, or other readings.
|
Types of drinking and driving offenses
: In Maryland, there are two types of drinking and driving offenses:
|
How did net income as a percentage of total revenue change
: How did net income as a percentage of total revenue change from fiscal 2013 to fiscal 2015? Identify the most important reasons for this change.
|
What annual rate of return would she have earned
: If an investor had purchased the security at market on March 8, 2016, and held it until it matured, what annual rate of return would she have earned
|
Is due process required prior to an afterschool detention
: Is due process required prior to an afterschool detention? Why or why not? You must support your position with examples from case law, the U.S. Constitution.
|
Casino gambling industry in the united states
: The overall gaming industry consists of casinos, pari-mutuel wagering (horse racing, dog racing, and jai-alai), tribal gaming operations
|
What is templeton corporation production budget for year
: What is Templeton Corporation's production budget for this year? Templeton Corporation produces ice cream machines. Last year, Templeton sold 40,000 machines.
|
Perform a steep analysis with example
: Gather information on a specific organization you might want to work for. Information can be gathered from the library, directly from the organization.
|