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Author Question: Assume that liquid funds can be invested to yield 4.5 percent. If annual remittance checks total 2 ... (Read 32 times)

Yi-Chen

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on: Jul 10, 2018
Assume that liquid funds can be invested to yield 4.5 percent. If annual remittance checks total 2
  billion, what is it worth for the firm to reduce float by 1 day?
 
  A) 24,658 B) 246,575 C) 257,534 D) 388,349

Question 2

A major risk in using commercial paper for short-term financing is the inflexible repayment
  schedule.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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chereeb

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Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Yi-Chen

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

bulacsom

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

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