Assume a government starts with zero debt. This government then rus an anyhual deficit for 28 years of $33st At the end of those 28 years, what would be amount ofthe govermment debt? Please round to 2 decimal places if needed. Be sure to include a negative sign(-)it is a decrease and do not include a dollar sign (S) whenanswering

Government debt refers to the amount of liabilities raised by the government for the purpose of…

Assume a government starts with zero debt. This government then rus an annual defcit for 28 years of $3.351. At the end of those 28 years, what would be amount of the government debt? Please round to 2 decimal places if needed. Be sure to include a negative sign (-)it is a decrease and do not include a dollar sign (S when answering

Assume a government starts with zero debt. This government then rus an annual defcit for 28 years of $3.351. At the end of those 28 years, what would be amount of the government debt? Please round to 2 decimal places if needed. Be sure to include a negative sign (-)it is a decrease and do not include a dollar sign (S when answering

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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I have a few questions...For the interest on the long-term debt, the amount you have is not 7% of the balance in the long-term liability account. As you change that, please remember that change may change some of the calculations in Parts B, C, and D. Thanks so much for your help!
27.03%; $1,270You are offered a credit card with an APR of 25% based on monthly compounding. What is the annual effective rate? If you had a balance of $1,000 on that card and were permitted to make no payments for a year, how much would be owed for that year? 27.03%; $1,270 25%; $1,250 28.07%; $1,281 30.5%; $1,305 29.5%; $1,295
What is the value in year 4 of a $710 cash flow made in year 6 if interest rates are 9 percent? ( do not round intermediate calculations. Round your answer to 2 decimal places.)
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Goliath Banking Corporation (GBC) offers an "Income Investment Product" (IIP) for customers. The details for this product is as follows: Customers pay $908.08904319366 to buy an IIP. The IIP will pay out $44 at the end of each year for 9 years The IIP will pay out a further single payment of $1,000 after 9 years There are no further payments after this single payment at time 9. (b) If instead GBC were to offer investors an effective annual return of 4.9376%, what price should they charge for this product? Give your answer in dollars, to the nearest cent. (c) Suppose that GBC decides to delay the final single payment of $1,000 by one year (assume this is permitted in the fine print of the IIP). Assuming no other changes are made, which ONE of the following statements is true for investors that have already purchased the IIP? a. The investors will now receive a lower return on their investment since their payments have been delayed. b. Investors will pay a lower price for this…
PLEASE DO NOT ANSWER IN EXCEL. ANSWER IT MANUALLY.
What is the interest rate per annum (in percentage form) applied when the Php5,000 triples in 25 years? *Do not type in the units and the comma separator (the comma that separates the hundreds and thousands) **If answer is not a whole number, then enter it with two (2) decimal places only. No rounding off of numbers. (e.g. 0.12)
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A firm borrows 2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus 2000 more for 2 years at 8%. What is the lump sum due? a. 3,260.34 b. 3,280.34 c. 3,270.34 d. 3,250.34 solution please in written with regards to multiple choices
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6. A company wishes to borrow $7500 000 for 8 years. One source will lend the money at j2 = 9% if it is amortized by semi-annual payments. A second source will lend the money at j2 returned in a lump sum at the end of 5 years. If the second source is used, in order to pay back thel principal, a sinking fund will be established by semi-annual deposits that accumulate at j2 = 3.9%. = 7.6% if only the interest is paid semi-annually and the principal is (a) What is the semi-annual cost under the amortization plan? (b) What is the semi-annual cost under the sinking fund plan? (c) Which plan should the company choose, and how much can they save semi- annually by using the better plan?

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