What is the annuity approximate irr

Assignment Help Finance Basics
Reference no: EM132607615

You purchase a two year annuity for $2800. The annuity pays $1500 each year. What is the annuity's approximate IRR?

Reference no: EM132607615

Questions Cloud

Valuation model appropriate for a financial institution : Is the weighted average cost of capital (W A C C) valuation model appropriate for a financial institution?
Find the probability that for family with four children : What is the probability that at least one music box made by the assistant is selected and What is the probability that C wins
What is the cash price of the? bond : A ?$17,000 bond redeemable at par on May 16, 2007 is purchased on December 25, 2001. Interest is 6.4?% payable? semi-annually
Explain the difference between nominal and ordinal data : Big Data is everywhere and various businesses around the world are driven by Big Data. Explain the difference between nominal and ordinal data.
What is the annuity approximate irr : You purchase a two year annuity for $2800. The annuity pays $1500 each year. What is the annuity's approximate IRR?
Determine the total amount that be included in inventory : Sandy Chen owns a small specialty store, named Chen's Chattel, whose year-end is June 30. Determine the total amount that be included in inventory
Calculate the value of a bond that matures in 15 years : Calculate the value of a bond that matures in 15 years and has a $1,000 par value. The annual coupon interest rate is 13 percent and the? market
Wikis for learning and collaboration : A wiki is a collaborative web site that collects and organizes content, How simply awareness can help with security countermeasures?
What are some major healthcare financial initiatives : What are some major healthcare financial initiatives or trends that impact quality, cost, and access to healthcare?

Reviews

Write a Review

Finance Basics Questions & Answers

  Nbspdiscuss how the organization can capitalize on the

write a brief company history including a mission statement if available.section iithoroughly explain at least two

  What is calibration with respect to the bsm model

What is calibration with respect to the BSM model? Explain how to use calibration correctly. When is calibration used incorrectly?

  Consumer confidence survey

One of the indices that economists use to gauge consumer expectations is the consumer confidence survey

  Determine the outcome of the hedge

Determine the outcome of the hedge if, in fact, interest rates increase by 1% by October 2017. Did the hedge succeed in locking in today's lower interest rate?

  Presentation to a multiple-perspective audience

How much of the opposing side should you share in a presentation to a multiple-perspective audience, and what techniques would you use?

  How much profit can you earn on given amount

In New York, you can exchange $1 for 0.8026 or 0.6149. Suppose that, in Berlin, 1 costs 1.1814. How much profit can you earn on $40, 116 using triangle.

  What will be the buyback value of the printing machine

If the cost of borrowing is 6% compounded semi annually, what will be the buyback value of the printing machine at the start of the 3rd year?

  The financial side of running the business

Mr. Hillbrandt has learned a lot about the financial side of running the business during the first year with the company and is now contemplating making changes to the corporate capital structure. He needs your assistance one more time.

  Equal annual end-of-year payments

1. The equal annual end-of-year payments required to repay a loan of $60,000 borrowed at 12% for ten years is:

  The genesis operations management team nearing completion

the genesis operations management team nearing completion of its agreement with sensible essentials was asked by senior

  What is difference between value of a stock and its price

What is the difference between the value of a stock and its price? In terms of behavioral finance, identify, discuss, and explore the implications of three different emotional/behavioral biases.

  Ipo prospectus

Can you please explain, the use of a prospectus developed before an IPO. Why does a firm do a road show before its IPO?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd