subject
Business, 12.01.2022 09:40 ecletcicbeauty946

To honor your instructor in ECON 310, you have decided at graduation to endow a professorship in engineering economics that pays $300,000 per year in perpetuity (i. e., forever). If accounts at the UM Foundation earn 4% interest, you will have to make a lump-sum gift of to achieve your goal. A. $8,625,000 B. $11,856,322 C. $6,325,000 D. $7,500,000

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:20
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
question
Business, 22.06.2019 04:30
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
Answers: 3
question
Business, 22.06.2019 11:00
Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld
Answers: 2
question
Business, 22.06.2019 11:30
Which of the following is not an example of one of the four mail advantages of prices on a free market economy
Answers: 1
You know the right answer?
To honor your instructor in ECON 310, you have decided at graduation to endow a professorship in eng...
Questions
question
Health, 01.09.2020 18:01
question
Computers and Technology, 01.09.2020 18:01
Questions on the website: 13722360