What is the present value of the annuity

Assignment Help Finance Basics
Reference no: EM132403034

What is the present value of the following annuity?

$1,122 every quarter year at the end of the quarter for the next 4 years, discounted back to the present at 10.75 percent per year, compounded quarterly?

Round the answer to two decimal places.

Reference no: EM132403034

Questions Cloud

Evaluate the quality and utility of literature sourced : Identify appropriate research philosophies for IT projects, which match organisational approaches and Utilise effective communication practice in organisations
How much money can you withdraw for the next 19 : You have accumulated $1,314,004 for your retirement. How much money can you withdraw for the next 19 years in equal annual end-of-the-year cash flows
Years of an ordinary annuity cash flow : What is the future value in 3 years of an ordinary annuity cash flow of $259 every quarter of a year at the end of the period
Describe the elements of the annual report : Describe the elements of the Annual Report. Which elements of the Annual Report are the most valuable?
What is the present value of the annuity : What is the present value of the following annuity?
How many years will the following take : How many years will the following take? $587 to grow to $5,805 if invested at 7.01 percent, compounded annually.
Why is the hr department important for your company : What issues will China face if it continues to grow? Why is the HR department important for your company? What is the HR department structure?
What is today price of the stock : After that, the dividends are expected to grow by 6% each year. If the required rate of return is 23%, what is today's price of the stock?
What is the required rate of return on the stock : The dividend is expected to grow at 7.56% each year. If the stock is currently selling for $277.01, what is the required rate of return on the stock?

Reviews

Write a Review

Finance Basics Questions & Answers

  What volume of sales does the firm break even

Annual fixed costs are $519,752 and the variable costs are $.71 cents per unit. The following equations will be useful.

  How much of a tax deduction will betty be able to take

Betty Sims has $26.000 of adjusted gross income and $4.160 of medical expenses She will be itemizing her tax deductions this year.

  Explain how interest rates influence the optimal choice

Wang Ming just won the American Powerball (lottery) and she must choose among three award options. She can elect to receive a lump sum today of $61 million, to receive 10 end-of-year payments of $9.5 million, or to receive 30 end-of-year payments ..

  Estimate the correct statement

John invested $1,000 in a risky investment and Bill invested $1,000 in a less risky investment. One year later, Bill's investment is worth $1,030.

  What is the purpose and importance of financial analysis

What is the purpose and importance of financial analysis? What are financial ratios? Describe the "five-question approach" to using financial ratios.

  Does given definition also apply to project management

Classical management has often been defined as a process in which the manager does not necessarily perform things for himself,- Does this definition also apply to project management?

  The stated interest payment made on a bond is called the

The stated interest payment made on a bond is called the

  How much will the eps be after the proposed repurchased

The DOTDOT Company has earnings available for common stockholders of RM4 million and has 320,000 shares of common stock outstanding at RM50 per share. The firm is currently contemplating the payment of RM3.50 per share in cash dividends.

  However companies are not required to have their bonds

companies pay rating agencies such as moodys and sampp to rate their bonds and the costs can be substantial. however

  Estimate the unlevered value of the firm

Bethlehem Steel, one of the oldest and largest steel companies in the United States, is considering the question of whether it has any excess debt capacity.

  Explain valuation of perpetual bond

Explain Valuation of perpetual Bond and In what respect is a perpetual bond similar to a non-growth common stock

  Should you lease or buy asset

Your company wants to purchase a new network file server for its wide-area computer network. The server costs $24000. Its will be obsolete in three years.

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