This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: You have been given the opportunity to earn 20,000 five years from now if you invest 9,524 today. ... (Read 73 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jul 10, 2018
You have been given the opportunity to earn 20,000 five years from now if you invest 9,524 today. What will be the rate of return to your investment?
 
  What will be an ideal response?

Question 2

Which of the following is an advantage for a firm to issue common stock over long-term debt?
 
  A) the cost of equity financing is less than the cost of debt financing
  B) the primary claim of equityholders on income and assets in the event of liquidation
  C) no maturity date on which the par value of the issue must be repaid
  D) the tax deductibility of dividends which lowers the cost of equity financing


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 10, 2018
Answer to Question 1

Use financial calculator: PV= -9524, FV=20000, PMT=0, N=5, CPT I: 16

Answer to Question 2

C


lbcchick

  • Member
  • Posts: 550
Reply 2 on: Jul 10, 2018
:D TYSM

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
Toddler: 1–3 years. Toddler: 1–3 years.
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Climate change occurs over millions of years Climate change occurs over millions of years
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library