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Author Question: The president or chief executive officer is elected by a firm's stockholders and has ultimate ... (Read 117 times)

penguins

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on: Jul 10, 2018
The president or chief executive officer is elected by a firm's stockholders and has ultimate authority to guide corporate affairs and make general policy.
 
  Indicate whether the statement is true or false

Question 2

Find the equal annual end-of-year payment on 50,000, 15 year, and 10 percent loan.
 
  What will be an ideal response?


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chevyboi1976

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

Using financial calculator: PV=50,000, FV=0, N=15, I=10, CMP PMT: 6,573.69


penguins

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Reply 2 on: Jul 10, 2018
Wow, this really help

smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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