What is the present value of a $1,000 payment at the end of each of the next 10 years discounted back to the present at 5%?
A) $5,098
B) $7,722
C) $8,775
D) $9,112
Answer: B
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The highest value of total cost was $800,000 in June for Horchata Beverages, Inc. Its lowest value of total cost was $510,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8000 units, respectively. What is the fixed cost per month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $510,000 B) $290,000 C) $46,000 D) $8000
Which of the following is a right granted to an employee on the basis of legislation or judicial rulings?
A. The right to a specific health care package B. The right to pension funds C. The right to a bonus D. The right to bargain as part of a union
All officials handling union money must be bonded, and persons convicted of certain criminal offenses are barred from holding union office for:
a. six years. b. nine years. c. seven years. d. five years.
George is considering an investment in Parson Inc. and has gathered the information in the following table. What is the expected standard deviation for a share of the firm's stock?
State of the Economy Probability of the State Conditional Expected Return Parson Inc. Recession .25 -20% Steady .60 10% Boom .15 35 A) 17.46% B) 22.48 C) 27.54% D) 31.62%