What is the present value of the annuity

Assignment Help Finance Basics
Reference no: EM132494841

What is the present value of the following annuity? $1,875 every quarter year at the end of the quarter for the next 4 years, discounted back to the present at 3.19 percent per year, compounded quarterly?

Round the answer to two decimal places.

Reference no: EM132494841

Questions Cloud

Calculate before tax and after tax cost of debt : floatation amount 30000. The debentures are redeemable after 5 years. Calculate before tax and after tax cost of debt assuming a tax rate of 50%
Security investment beta : John invested the following amounts in three stocks: Security Investment Beta
Determine the discount rate to the amounts : $20,000 nine years from now. Which one of the following statements is correct if both Lesly and Sohan apply a 7 percent discount rate to these amounts?
Determine the value of the bond to a friend : A bond with a $1,000 face value and a 9 percent annual coupon pays interest annually. The bond matures in 12 years.
What is the present value of the annuity : What is the present value of the following annuity? $1,875 every quarter year at the end of the quarter for the next 4 years
What is yield-to-maturity : What is its yield-to-maturity? Assume semi-annual compounding. (Enter as a decimal.
Sensitives to interest rate : Short term interest rate is more volatile than long-term interest rates, so short-term bond prices are more sensitives to interest rate changes
Definition for conceptual framework : Justify the recognition of the Asset based on the definition and recognition criteria in the conceptual framework. ?Joyce Ltd produces and sells masks
Calculate three ratios for starbucks for last two years : Choose and calculate three ratios for Starbucks for the last two years.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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