THE MARKUP ON A NEW DIAMOND RING SHOULD BE 25% BASED ON THE SELLING PRICE. IF THE SELLER PAID $4,525.00 FOR ONE, THEN HOW MUCH SHOULD IT BE SOLD FOR TO ACHIEVE THE DESIRED MARKUP? A. $6,033.33 B. $4,550.00 C. $5,756.25 D. $5,000.00
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- 15.You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%? a. $1,245.61 Ob. $1,067.95 Oc$1,311.17 d. $1,124.16 Oe. $1,183.33The current spot rate for USD/GBP is 1.058 1.086. If you were to buy £4,799,207 worth of dollars and then sell them five minutes later, how much would the dealer make on your transactions? I
- Need answerYou have just purchased a four-month, $500,000 negotiable CD, which will pay a 5.5 percent annual interest rate. a. If the market rate on the CD rises to 6 percent, what is its current market value? b. If the market rate on the CD falls to 5.25 percent, what is its current market value?A buyer just made a $5,000 purchase that is payable in 50 days. Assuming the buyer’s opportunity cost of funds is 3.65%, calculate the present value cost of the purchase. PVcredit = $________
- If you invest $15,000 today, how much will you have in (for further instructions on future value in Excel, see Appendix C): A. 20 years at 22% B. 12 years at 10% C. 5 years at 14% D. 2 years at 7%Need help15. You have some property for sale and have received two offers. The first offer is for $189,000 today in cash. The second offer is the payment of $100,000 today and an additional $100,000 two years from today. If the applicable discount rate is 8.75%, which offer should you accept and why? ● ● Notes: Interest rates are given as annual rates. If the payments are monthly, then the annual interest rate needs to be divided by 12 in order to get the rate per month. Use monthly rates in your calculations when the payments are monthly. Similarly, if the payments are monthly, then N is the number of months (not the number of years). Unless stated otherwise, assume that annuity payments occur at the end of the period (ordinary annuity) Upload an Excel, Word, or PDF file showing the answer and the supporting calculations. Clearly show your work with all steps included. If you are using mathematical formulas, write the formulas with all steps to get to the answer. If you are using a financial…
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