Emily and Joel Schumaker are married clients have just been approved for a twenty-year, $150,000 mortgage. They have been given a choice of two loans. One loan has an annual percentage rate (APR) of 8 percent and does not carry a fee, and the other has an APR of 7.5 percent but carries a discount fee of 2 percent of the initial loan amount. The fee for the second mortgage is payable in cash at loan inception and cannot be financed with the loan. From a present value cost perspective, which loan is the better deal, assuming they sell their home immediately after paying the 120th payment and require a 9 percent effective annual rate of return? In other words, which option has the lower cost?

Orange corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. today, the market interest rate on these bonds is 5.5%. what is the current price of the bonds, given that they now have 19 years to maturity?

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?