As a jewelry store manager, you want to offer credit , with interest on outstanding balances paid monthly. To carry receivables, you must borrow funds from your bank at a nominal 6%, monthly compounding. To offset your overhead, you want to charge your customers an EAR (or EFF%) that is 2% more than the bank is charging you. What APR rate should you charge your customers? Round your answer to two decimal places
Parla International (PI) is in heavy equipment industry. The debt rating for PI is AA and the yield spread on AA rated bonds for five year maturity is 3% per year. The yield on a five year treasury is 4% per year. The company recently announced that it would issue convertible and callable bonds. The…
Due Week 10 and worth 250 pointsIn preparation for this assignment, please view the Jurisville scenarios and resulting simulations from Weeks 8 through 10 in the Corrections unit.In the scenarios and resulting simulations, Robert Donovan, a Jurisville probation officer, discusses the intricacies of probation. Kris, the defendant, is offered an intensive supervised probation plan to…
The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, explain how interest rates impact the availability of investment capital.
For Integration of Faith 2, continue your review of Nehemiah. Examine 3 examples of Nehemiah’s ability to lead and control. Compare to concepts in the text, and add your own analysis of the characteristics you define. Explain how 1 of these biblical examples could apply to current business practices. This assignment must be at least…
Problem 1 (26 points)The J. Mehta Company’s production manager is planning a series of one-month productionperiods for stainless steel sinks. The forecasted demand for the next four months is as follows:Month1234 Demand for Stainless Steel Sinks120160240100 The Mehta firm can normally produce 100 stainless steel sinks in a month. This is done duringregular production hours…
Show all revelant work9.8 Specify three important properties of the sampling distribution of themean.9.9 If we took a random sample of 35 subjects from some population, theassociated sampling distribution of the mean would have the followingproperties (true or false).(a) Shape would approximate a normal curve.(b) Mean would equal the one sample mean.(c) Shape would approximate…
