Business, 26.08.2019 19:00 ayoismeisalex

Josh purchased a baseball team for 100 million dollars and financed the entire purchase price at a nominal rate of interest payable 12 times per year at 6% per annum. josh planned to repay the loan with 10 annual payments of equal amount beginning one year after the loan began. right after josh made his fourth annual payment, he refinanced the loan at an effective annual interest rate of 5% for 15 more years. josh repaid this new 15 year loan with equal payments at the end of each year. how much were these new payments for the refinanced loan?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 22:00

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

Answers: 2

Answer

Business, 22.06.2019 01:00

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

Answers: 3

Answer

Business, 22.06.2019 04:50

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65

Answers: 3

Answer

Business, 23.06.2019 02:30

Suppose a jury of 12 people is chosen from the above pool, and this jury hears a case and discusses the verdict; x is the number who think the defendant is guilty.

Answers: 1

Answer

You know the right answer?

Josh purchased a baseball team for 100 million dollars and financed the entire purchase price at a n...

Questions

SAT, 08.10.2021 08:20

A load-bearing architectural shell often has a. thick walls and wide base to support the weight of the structure. b. pieces arranges so that the weig...