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If pawn shops charge high interest rates on loans, why do people borrow money from them?
Suppose Congress passes a law that puts a ceiling of 10% per year on the interest rate that pawn shops can charge on loans.
Would this law be likely to help low-income people? Briefly explain.
Sharpe Products has 1 million outstanding shares and 9 directors. Cumulonimbus Holdings owns 175,000 shares of Sharpe. How many directors can Cumulonimbus elect with cumulative voting?
B. J. Orange Corporation is evaluating a security. One-year Treasury bills are currently paying 1.9%. Compute the investment's expected return and standard deviation.
What is the annual yield-to-maturity of the bond? (I.e., what is the discount rate one needs to use to get the price of the bond given the future cash flow of $100 in one year?)
Who Is Correct? Use the Internet to learn more about this issue. Which argument do you support? Offer your own opinion on this issue.
Describe the various tax rate structures; how are they different and which do you propose for the various types of taxes?
wine and roses inc. offers a 8.0 percent coupon bond with semiannual payments and a yield to maturity of 8.78 percent.
A student borrows $4000 for tuition to be paid back at a simple interest rate of 5% in 6 months. How much does he pay back in 6 months?
What smaller payment could be made one year earlier without delaying the start of the full scholarship payments?
War Corporation just paid a dividend of $1.50 a share (i.e., D0 = $1.50). The dividend is expected to grow 5 percent a year for the next 3 years, and then 10 percent a year thereafter. What is the expected dividend per share for each of the next 5 ye..
In South Carolina Palmetto Cash 5 lottery game, winning the jackpot requires that you select the correct 5 numbers between 1 and 38. How many different ways can those 5 numbers be selected?
Recall that this step determines the amount that could be deposited today, to satisfy the education funding need
calculate liquidity and profitability measures and explain various financial statement relationships for an excavation
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