lump sum of $50‚000 in ten years or an annuity of $8‚000 for ten years. Which is worth more now‚ if the discount rate is (a) 6% (b) 19%? 4. Suppose you open a saving account with $1‚800 earned in a summer job. The account’s stated interest rate is 11%. Calculate effective annual rate (EAR) if interest is paid (a) semiannually‚ (b) quarterly‚ (c) monthly and (d) daily. 5. You can buy a security at a price of $10‚250. If you buy the security‚ you will receive five annual payments of $2‚500‚ the
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Economics‚ Case No. 8 THE PRODUCTION FUNCTION AT TOYOTA Throughout most of the 20th century‚ business in the United States‚ especially in manufacturing‚ was dominated by the paradigms of mass production and scientific management. The focus was primarily on finding ways to produce at lower unit costs without much overt concern about quality and consumer satisfaction. Now‚ a new view of the productive enterprise has emerged. The new view focuses more on quality and customer satisfaction as the driving
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just paid its annual dividend of $9. The share price is $60. The required return of the stock is 10% pa as an effective annual rate. What is the implied growth rate of the dividend? (a) -0.8565 (b) -0.0500 (c) -0.0435 (d) 0.0000 (e) 0.1500 Question 2: A stock is expected to pay a dividend of $15 in one year (t=1)‚ then $25 for 9 years after that (payments at t=2 ‚3‚...10)‚ and on the 11th year (t=11) the dividend will be 2% less than at t=10‚ and will continue to shrink every year after that forever
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(benefits) may be spread over many years. The time value of money principle states that dollars today are not the same as dollars in the future (because we would all prefer possessing dollars today to receiving the same amount of dollars in the future). Therefore‚ before we can place the costs and benefits on the scale‚ we must make sure that they are comparable. We do this by taking the present value of each‚ which restates all of the cash flows into "today ’s dollars." Once all of the cash flows
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Anthropology 2A Reading response #1 9/30/13 Article 19. Who Needs Love! The author of‚ “Who Need Love!” Nicholas D. Kristof interviewed several married couples in Japan about their marriages. The answer was surprising; most of the couples in Japan are‚ by international standards‚ exceptionally incompatible. However the strength of the Japanese family is extremely higher than the ones in the U.S. The divorce rate in the U.S. is 55 percents‚ however the divorce rate in Japan is almost only half
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Prayer is an invocation or act that seeks to activate a rapport with a deity‚ an object of worship‚ or a spiritual entity through deliberate communication. Prayer can be a form of religious practice‚ may be either individual or communal and take place in public or in private. It may involve the use of words or song. When language is used‚ prayer may take the form of a hymn‚ incantation‚ formal creed‚ or a spontaneous utterance in the praying person. There are different forms of prayer such as petitionary
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Discussion Case: The Gap Inc.’s Social Responsibility Report Do you think Gap has demonstrated global corporate citizenship‚ as defined in this chapter? Why or why not? The Gap showed global corporate citizenship as they develop a comprehensive monitoring software factory in the garment industry In its response to problems in its contractor factories‚ do you think Gap moved through the stages of corporate citizenship presented in this chapter? Why or why not? Gap move through the stages
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Accounting Standard AASB117‚ Leases‚ was made by the Australian Accounting Standards Board on 15 July 2004 under the section 334 of the Corporations Act 2001. The objective of AASB117 is to prescribe appropriate accounting policies for the lessees and lessors in order to assist entities in classifying leases as operating or finance leases and disclosure to apply in relation to leases. AASB 117 includes economic life‚ fair value‚ finance leases‚ operating leases and also hire purchases contracts which
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http://www.studymode.com/essays/Case-Study-About-Ibm-1222250.html Component Check OBJECTIVES & STRATEGIES IBM is repositioning itself from a computer company to an information technology service company through a series of acquisitions and divestitures. Thirteen acquisitions of approximately $4.8 Billion were completed enabling IBM to expand its business. Since then IBM concentrated on becoming stronger in high-added businesses. It concentrates on development and manufacture of the advanced
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In this video‚ VCU 17th annual international business forum the center topic of discussion is the ‘sustainability in era of globalization”. Key issues regarding sustainability is being discussed here. Sustainability means to meet the needs of present generation without compromising the need for future generation. If we see current situation multinational corporations have no interest in the long term - particularly in time spans measured in generations. They make their decisions based on return
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