What is the implied annual rate of interest

Assignment Help Finance Basics
Reference no: EM13273500

If you can double your money in 9 years, what is the implied annual rate of interest, given that compounded semi-annually? Note: give your answer in percentages. Note: Do not put % sign in your answer. Simply write the number in percentages in the answer box.

Reference no: EM13273500

Questions Cloud

Explain the equilibrium vapor pressures of water : The equilibrium vapor pressures of water at 25*C and 50*C are 3.16 kPa and 12.51 kPa, respectively. Consider a 1.00 L sample of air at 50*C, with 45% relative humidity, trapped in a rigid cylinder. Suddenly the temperature of the gas is reduced to..
Why are such statements misleading : You frequently hear in the news that the latest film is the biggest blockbuster ever, earning record revenues in the first weekend of release, and so on.
Select the correct expression for keq and description : Choose the correct expression for Keq and description (homogeneous or heterogeneous) for the following reaction: Sn2+(aq) + H2(g)---> Sn(s) + 2 H+(aq)
Which of the following is the most liquid form of savings : Which of the following is the most liquid form of savings?
What is the implied annual rate of interest : If you can double your money in 9 years, what is the implied annual rate of interest, given that compounded semi-annually? Note: give your answer in percentages. Note: Do not put % sign in your answer. Simply write the number in percentages in the..
What is the time-averaged power delivered to the speaker : An audio amplifier, represented by the AC source and the resistor R, what is the time-averaged power delivered to the speaker
The issuer of a letter of credit : The issuer of a letter of credit:
Explain what is stray light : What is stray light. How does it affect the performance of the spectrometer? Can one minimize it in the design of a spectrometer.
Calculate the uncertainty in the kinetic energy : A disk with a moment of inertia of 75+1.5 kgm2 rotates at a speed of of 156+5 radians/sec

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the yield on 3-year tresasury securities

The real risk-free rate is 3%. Inflation is expected to be 2% this year and 4% the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2-year Treasury securities? What is the yield on 3-year Tresasury securities?

  What was the loss to the company due to underpricing

When Global Partners went public in September 2008, the offer price was $22.00 per share and the closing price at the end of the first day was $23.70. The firm issued 4.90 million shares. What was the loss to the company due to underpricing.

  Prepare an outline to hand out at the session

I need help creating an outline for the below data. You are a assistant manager of Human Resources for this regional office of Cost Club.

  What is the simple interest rate

The simple interest charged on a 8-month loan of $6200 is $247.50. What is the simple interest rate?

  Calculation of npv of the investment

Suppose you have an investment opportunity in Japan. It requires an investment of $1 million today and will produce a cash flow of Y114 in one year with no risk. Assume risk free interest rate in the US is 4 percent.

  Calculate the purchase price of the machine

The tax rate of Paisley is 32% and it can borrow money at 10% interest rate. Calculate the purchase price of the machine, which will equalize the cost of leasing to the cost of buying.

  Decision making models and preferred stock

Given two projects, what are the decision models that you can use to make a decision as to which project you should accept? Which is the better?

  Explain what are the betas of the three risky assets

Suppose the market portfolio comprised of 4% invested in Asset 1, 76% invested in Asset 2, and 20% invested in Asset 3. What is the expected return of this portfolio and explain what are the betas of the three risky assets

  Calculate how many votes cast for directors

Ross have 918 shares of OJC. There are thirteen directors to be elected: 31,000 shares of common stock are outstanding. There is cumulative voting.

  Short-term loan interest rates

Why are interest rates on the short-term loans not necessarily comparable to each other? Provide three possible reasons.

  Calculate the price of a share

You are given the following data: Stockholders' equity $3.75 billion, price or earnings ratio 3.5, common shares outstanding fifty million, and market or book ratio 1.9.

  How economic policy affected the lending institutions

From an economic growth & prosperity level, we have to look at the role of financial system. We know that high inflation means higher interest rates,

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