You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year 3, and $6,250 at the end of Year 4. What rate of return would you earn if you bought this asset?
A. 19.92%
B. 22.87%
C. 26.72%
D. 22.64%
E. 16.98%
Answer: D
You might also like to view...
Faller and Whitney Company, a firm that builds enterprise resource planning products for customers, wants to implement training programs for its employees as an HR initiative. Senior management proposes the use of an instructional design process. What should ideally be Faller and Whitney's next step?
A. person analysis B. task analysis C. competitor analysis D. organization analysis E. market analysis
Mike, a job analyst, conducts a job analysis at Great Bread, Inc. George, a first-level supervisor at Great Bread, conducts an initial tour of the work site for Mike. According to the conventional job analysis procedures developed by the U.S. federal government, which of the following steps should Mike perform immediately after the initial tour?
A. Mike should prepare a preliminary list of duties that will serve as a framework for conducting interviews. B. Mike should conduct an interview with George to get an overview of the job and to understand how the major duties fit together. C. Mike should review existing documents in order to develop further familiarity with the job. D. Mike should go on a second tour of the work site but with a different first-level supervisor, someone other than George.
Hometown Grocery, Inc. has 41,000 shares of common stock outstanding and 5000 shares of preferred stock outstanding. The common stock is $6.00 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2018, the company declares a total dividend payment of $55,000. What is the amount of dividend that will be paid for each share of common stock? (Round your answer to the nearest cent.)
A) $0.85 B) $24.60 C) $2460.00 D) $0.75
The canons of Christian faiths provide rules for believers to follow in living their lives and professing their faith
Indicate whether the statement is true or false