What rate per year are you being offered

Assignment Help Financial Management
Reference no: EM131014447

An investment offers to triple your money in 36 months (don’t believe it).

Required:

What rate per year are you being offered? (Round your answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Reference no: EM131014447

Questions Cloud

Disadvantages of a federal system of government : Discuss at least three advantages and three disadvantages of a federal system of government. Explain how the filibuster works in the legislative process and discuss recent changes that have limited its use.
Company had cash and marketable securities worth : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,770, accounts payables worth $4,160,760, inventory of $7,121,760, accounts receivables of $3,489,160, notes pay..
What is the probability that a pipe section selected : Assume that the probability that a precast pipe reaches the end of its life this year is 0.16, while such probability for steel and PVC pipes are 0.01 and 0.005, respectively. What is the probability that a pipe section selected at random from thi..
Same effective annual rate as the quarterly payment bonds : The U.S. Delay Corporation, a subsidiary of the Postal Service, must decide whether to issue zero coupon bonds or quarterly payment bonds to fund construction of new facilities. The 1,000 par value quarterly payment bonds would sell at $795.54, have ..
What rate per year are you being offered : An investment offers to triple your money in 36 months (don’t believe it). What rate per year are you being offered?
Estimate the cost of construction for this project : Estimate the cost of construction for this project. Assume the estimates are fully loaded, ie they include labor, materials, applicable indirect costs such as overhead, etc
Sample company consist entirely of current assets : The assets of "Sample Company" consist entirely of current assets and net plant and equipment. The firm has total assets of $ 4,277,456 and net plant and equipment of $ 1,668,538. The company has notes payable of $ 108,290, long-term debt of $ 832,65..
Influence of crime and criminology in your assessment : Prioritized assessment of the strengths, weaknesses, threats and vulnerabilities of your selected organization's security system(s), including facilities, people, information systems, and other appropriate assets and The influence of crime and cri..
What annual increase in income would your firm realize : Assume that the only change in the original example data is that Blue Cross raises their discount to 20 percent. What price should be set?

Reviews

Write a Review

Financial Management Questions & Answers

  Successful brand with the name top goal

Creative Solutions, Inc. has a successful brand with the name Top Goal. The market size in which Top Goal competes is $2 billion, and Top Goal has generated sales of $150 million. It has a contribution margin of 30%. Both brands (Top Goal and Peak Go..

  Calculate the payback-profitability index-net present value

Using a 4.5% discount rate, calculate the Net Present Value, Payback, Profitability Index, and IRR for each of the investment projects below

  What is the investments net present value

Your firm is considering an investment that will cost $920,000 today. the investment will produce cash flows of $450,000 in year one, $270,000 in years 2 though 4, and $200,000 in year5. the discount rate that your firm uses for projects of this type..

  Considering investing in a project with the cash flows

Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the pro..

  Bond value and time

Bond value and time: Constant required returns Pecos Manufacturing has just issued a 15-year, 12% coupon interest rate, $1,000-par bond that pays interest annually. The required return is currently 14%, and the company is certain it will remain at 14..

  To gain an understanding of your selected business

throughout this course you will conduct a strategy audit for a selected company. begin this assignment by selecting an

  Analysis of future value-types of boreholes for drilling

In some manufacturing operation three types of boreholes for drilling may be used. The cheapest is a stainless high speed steel (HSS), but has a shorter one of gold or another oxide of titanium nitride life. what kind of hole should be used, accordin..

  Approved credit-amount financed and finance charge

Using the following information on the tables in Business Math Handbook that accompanies the course textbook to answer the question. $140.10 per month cash price: $5,000 Down payment: $0 cash or trade months with bank-approved credit; amount financed..

  Shares of common stock outstanding

At December 31, 2014, Sager Co. had 1,200,000 shares of common stock outstanding. In addition, Sager had 450,000 shares of preferred stock which were convertible into 750,000 shares of common stock. During 2015, Sager paid $900,000 cash dividends on ..

  Current share price problem

Far Side Corporation is expected to pay the following dividends over the next four years: $11 in year 1, $8 in year 2, $5 in year 3, and $2 in year 4. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. I..

  Calculate the annual benefit payment

An employer uses a career average formula to determine retirement payments to its employees. The annual retirement payout is 8 percent of the employees’ career average salary times the number of years of service. Calculate the annual benefit payment ..

  Inventory-total asset turnover-operating profit margin

Income Statement Balance Sheet Sales $20,000,000 Assets: Cost of Goods Sold 8,000,000 Cash $ 5,000,000 Gross Profit 12,000,000 Marketable Securities 12,500,000 Selling and Administrative 1,600,000 Accounts Receivable, Question 1 Use the following bal..

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