CHAPTER 2 How to Calculate Present Values Answers to Problem Sets 1. If the discount factor is .507‚ then .507*1.126 = $1 2. 125/139 = .899 3. PV = 374/(1.09)9 = 172.20 4. PV = 432/1.15 + 137/(1.152) + 797/(1.153) = 376 + 104 + 524 = $1‚003 5. FV = 100*1.158 = $305.90 6. NPV = -1‚548 + 138/.09 = -14.67 (cost today plus the present value of the perpetuity) 7. PV = 4/(.14-.04) = $40 8. a. PV = 1/.10 = $10 b. Since the perpetuity
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Important values that are present throughout the Wonderful Wizard of Oz by L. Frank Baum are that of friendship and kindness. The story presents these values through the character of Dorothy seen both expressing and receiving kindness. By illustrating these occurrences‚ this paper will show how it is through the kindness that Dorothy gives and receives‚ as well as the friendships that result‚ that she is able to find her way home to Kansas. Upon entering the Land of Oz‚ Dorothy receives sympathy
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Virtual Reality: The Past‚ The Present‚ and The Future Clinton M. Lawrence INF103: Computer Literacy (ACF1132D) Instructor: Troy O’Neal September 5‚ 2011 Virtual reality (VR) is a term that applies to computer-simulated environments that can simulate physical presence in places in the real world‚ as well as in imaginary worlds. Over the next few minutes I will give you a well designed overlook of how over the years we have advanced in the field of virtual reality or as more commonly know as
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As with any other merger analysis‚ we need to examine the present value of the incremental cashflows. The cash flow today from the acquisition is the acquisition costs plus the dividends paidtoday‚ or:Acquisition of Hybrid–$550‚000‚000Dividends from Hybrid$150‚000‚000Total–$400‚000‚000Using the information provided‚ we can determine the cash flows to Birdie Golf from acquiringHybrid Golf. All earnings not retained are paid as dividends‚ so the cash flows for the next five yearswill be: Year 1Year
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World politics: Essay: A new age of protest We are witnessing an upsurge of protest in Europe‚ the Middle East‚ Latin America and Asia—with North America (Occupy aside) and Sub-Saharan Africa being the odd men out. The mainsprings of the protests may be different—some are responses to economic distress‚ others are revolts against dictatorship‚ still others express the aspirations of new middle classes in fast-growing emerging markets—but all have common underlying features. The economic‚ social
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African Americans: Past‚ Present‚ and Future Kenitra Evans HIS 204: American History Since 1865 Lisa Burgin February 10‚ 2011 African Americans: Past‚ Present‚ and Future African Americans have been through devastating trials and tribulations before 1865 and so on. Freedom following the Civil War was the beginning to a new face in such a head strong racist’s community. Slavery was only the beginning to the issues and derogatory mishaps in African American history.
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Christmas Carol The Ghost of Christmas Present Ghost : Come in‚ Scrooge! Come in! Come in and know me better‚ man! I am the Ghost of Christmas Present. Look upon me! You have never seen the likes of me before? Scrooge : Never. Ghost : Have never walked forth with my elder brothers? Scrooge : I don’t think that I have. You have many brothers? Ghost : More than 1‚800. 1‚842‚ to be exact. Scrooge : I see you wear a scabbard‚ but no sword. Ghost : Indeed. Peace on Earth. Good
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increase or decrease over the next few years? Give the reasons for your assessment. What factors drive average daily rates? What do you think of the long-term prospects of the capesize dry bulk industry? 2. How much is the cost of a new vessel in present value terms? Compared to the book value of the ship of $39M‚ what can you conclude about the effect of the installment payments? 3. Should Ms. Linn purchase the capesize carrier? Assume that it is going to be sold for scrap after 15 years. [Hint:
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commonly said that life is better than it was 50 years ago‚ but… is it a reality? In fact‚ the different lifestyles cannot be defined as superior or inferior‚ but it is a truth acknowledged that there are many changes from 1970 up the present. First of all‚ childhood is the period of life which has suffered the most important alterations. In the past‚ children were accustomed to play on the street all day long without adult’s supervision. On the one hand‚ boys used to ride their bicycles
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Jeff Harber Professor Barnaby Palmer GLA 618 OL1: Film Music History 6 December 2012 Back to the Future: Past‚ Present‚ and Future Whether you are a movie buff or just a dude from the 80 ’s‚ there is a good chance you have seen the classic movie “Back to the Future.” Accompanied by an iconic cast and crew‚ the movie garnered so much popularity‚ Universal Studios pumped out three installments of the Trilogy --”Back to the Future 1‚ 2‚ and 3. With Steven Spielberg ’s and Robert Zemeckis
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