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Question
round intermediate calculations. Round your answers to 2 decimal places.)
a. r = 7%; t = 10 years
b. r = 7%; t = 20 years
c. r = 3%; t = 10 years
d. r = 3%; t = 20 years
Question
there: (Do not round intermediate calculations. Round your answers to 2 decimal places.)
a. How much interest will you earn in the first year?
First year intrest rate ?
b. How much interest will you earn in the second year?
Second year interest rate?
c. How much interest will you earn in the 10th year?
ten year intrest rate?
Question
currently sells at $100 per share.
a. What will be the number of shares that you hold after the stock dividend is paid? (Do not round intermediate calculations.)
b. What will be the total value of your equity position after the stock dividend is paid? (Do not round intermediate calculations.)
c. What will be the number of shares that you hold if the firm splits five-for-four instead of paying the stock dividend?
Question
equal annual payments at an interest rate of 10%, what will your payment be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. What will your payment be if you make the first payment on the loan immediately instead of at the end of the first year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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