For a stock price that was initially $55.00, what is the price after 4 years if the continuously compounded returns for these 4 years are 4.5%, 6.2%, 8.9%, -3.2%?
A) $64.80
B) $74.80
C) $84.80
D) $94.80
A
You might also like to view...
What does an entrepreneur need to be aware of before entering a foreign market?
What will be an ideal response?
Susan Brown has decided that she would like to go back to school after her kids leave home in five years. To save for her education, Susan would like to invest $25,000 in an investment that provides a high return. If her marginal tax rate is 35 percent, what is Susan's after-tax rate of return for the following investment options? Qualified dividends are taxed at 15 percent.(1) Corporate bond issued at face value with 10 percent stated interest rate payable annually.(2) Dividend-paying stock with an annual qualifying dividend equal to 10 percent of her investment.(3) Growth stock with an annual growth rate of 8 percent and no dividends paid. (Round your interim calculations to the nearest whole number.)
What will be an ideal response?
At the beginning of 2017, Brady, Inc has the following account balances
Accounts Receivable $43,000 (Debit) Allowance for Bad Debts $8,000 (Credit) Bad Debts Expense $0 During the year, credit sales amounted to $840,000. Cash collected on credit sales amounted to $790,000, and $17,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 2.5%. The amount of bad debts expense for 2017 is ________. A) $21,000 B) $41,825 C) $17,000 D) $12,000
If a bank loan officer were considering a company's loan request, which of the following statements would be CORRECT, other things held constant?
A. The lower the company's inventory turnover ratio, the lower the interest rate the bank should charge. B. The higher the days sales outstanding ratio, the lower the interest rate the bank should charge. C. The lower the total debt to total capital ratio, the lower the interest rate the bank should charge. D. The lower the company's TIE ratio, the lower the interest rate the bank should charge. E. The lower the current ratio, the lower the interest rate the bank should charge.