1) Computing the volatility of the dollar return on the UK equity when the correlation between the UK equity's return in pounds and changes in the dollar/pound exchange rate is 0.5:
The formula for calculating the volatility of the dollar return on the UK equity is as follows:σ(dollar return) = √(σ(£ return)^2 + σ(exchange rate)^2 + 2 x σ(£ return) x σ(exchange rate) x r)Given:σ(£ return) = 30%σ(exchange rate) = 10%r = 0.5σ(dollar return) = √(0.3^2 + 0.1^2 + 2 x 0.3 x 0.1 x 0.5)σ(dollar return) = √(0.09 + 0.01 + 0.03)σ(dollar return) = √(0.13)σ(dollar return) = 0.36 or 36%2) Expecting the exchange rate change if the UK equity investment is to have a Sharpe ratio of 1 when the correlation between the UK equity return in pounds and the exchange rate change is 0.5:The Sharpe ratio is calculated as follows:
Sharpe ratio = (Expected portfolio return - Risk-free rate) / Portfolio volatilityGiven:Sharpe ratio = 1Risk-free rate = 2%σ(£ return) = 30%r = 0.5E(£ return) = 20%
The formula for calculating the expected exchange rate change is as follows:Expected exchange rate change = [(E(£ return) - rf) / (σ(£ return) x √(1-r^2))] - r x (σ(exchange rate) / σ(£ return))Expected exchange rate change = [(0.2 - 0.02) / (0.3 x √(1-0.5^2))] - 0.5 x (0.1 / 0.3)Expected exchange rate change = [(0.18) / (0.3 x √(0.75))] - 0.5 x (0.1 / 0.3)
Expected exchange rate change = [0.18 / (0.3 x 0.866)] - 0.5 x (0.333)Expected exchange rate change = [0.18 / 0.2598] - 0.1665Expected exchange rate change = 0.6925 - 0.1665Expected exchange rate change = 0.526 or 52.6%3) Explaining graphically the benefits of international diversification:
If the Sharpe ratio of the US equities is greater than the Sharpe ratio of the UK equities, a US investor can benefit from investing abroad.
International diversification of assets can reduce the risk of the portfolio. The graph of risk and return of two assets with positive correlation will be upward-sloping. On the other hand, the graph of two assets with negative correlation will be downward-sloping. When the correlation is zero, the graph will be flat. A diversified portfolio has lower risk because the assets move in different directions. Thus, the expected return of the diversified portfolio will be greater than that of the single asset. Therefore, international diversification provides opportunities for investors to build a diversified portfolio that provides better risk-adjusted returns.
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Two members of the Wisconsin state legislature wrote about the need for a constitutional amendment to balance the U.S. federal budget. They argued, "A few days ago, the federal deficit hit $1 trillion. That’s right, the United States spent $1,000,000,000,000 more than we could afford in this fiscal year alone. Wisconsin families know that is not sustainable. We don’t rack up credit cards to the max, add tens of thousands in car loans, a hefty mortgage we can’t afford, and then expect our grandchildren to pay it all back.
Embedded in these 4 sentences are three (3) arguments used to support a balanced budget amendment. Identify the 3 arguments made in the sentences above. What are the direct counter-arguments to the three (3) arguments identified above by those who oppose a balanced budget amendment.
The three arguments made to support a balanced budget amendment in the above-mentioned sentences are as follows:1. The U.S. federal deficit has hit $1 trillion, which is not sustainable.2. Wisconsin families know that overspending is not sustainable.
3. The idea of racking up credit cards to the max, adding tens of thousands in car loans, a hefty mortgage we can’t afford, and then expecting grandchildren to pay it all back is unreasonable. The direct counter-arguments to the three arguments identified above by those who oppose a balanced budget amendment are as follows:
1. Opponents of a balanced budget amendment argue that sometimes, governments must spend more than they collect in taxes to avoid a recession. For example, during the COVID-19 pandemic, the United States provided stimulus checks and implemented economic stimulus packages to prevent a deeper recession.
2. Opponents argue that a balanced budget amendment would make it challenging to address national crises, such as natural disasters, economic downturns, or public health crises, which require significant spending.
3. Opponents argue that the Constitution already provides the necessary mechanisms for a balanced budget by authorizing Congress to regulate commerce, levy taxes, and borrow money on the credit of the United States.
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according to the fasb statement of concepts, expenses may be recognized when they are
According to the FASB Statement of Concepts, expenses may be recognized when they are incurred.
The FASB Statement of Concepts defines expenses as outflows or other using up of assets or incurrences of liabilities that constitute the entity's ongoing major or central operations. Expenses can be recognized in the financial statements when they are incurred, meaning when the underlying goods or services have been received or consumed, or when the obligation to pay has been incurred. This recognition may occur in the same period as the related revenues or in a different period. The matching principle requires that expenses be recognized in the same period as the related revenues whenever it is reasonable and practicable to do so. However, in some cases, expenses may be recognized in a different period from the related revenues if this better reflects the underlying economics of the transaction or event.
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please i need help with this !!
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
What is the interest owed on a loan of $100 at 10% for 3 months?
Answer:
$2.50
Explanation:
The information is somewhat incomplete. It does not state whether simple or compound interest which could make a difference
I am assuming simple interest
The formula for simple interest is
I = Prt
where I is interest
P is amount of loan
r is annual rate of interest expressed as a decimal
t = number of years
We are given
P = $100
r = 10$ = 10/100 = 0.10
t = 3 months = 3/12 year = 1/4 th of a year
I = 100 x 0.10 x 1/4 = $2.50
A Trustworthy Source is credible, reliable & relevant.
True
False
Answer: True
Explanation:
franklin company produces only one product. the selling price is $100 per unit and the variable cost is $60 per unit. total fixed costs are $120,000. compute break even dollars
The break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
The break-even point is the level of sales at which a company neither makes a profit nor incurs a loss. It is the point at which the company's total revenue equals its total costs.
The break-even point can be calculated using the following formula:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
The contribution margin is the difference between the selling price and the variable cost per unit. In this case, the contribution margin per unit can be calculated as:
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $100 - $60
Contribution margin per unit = $40
The contribution margin ratio can be calculated as the contribution margin per unit divided by the selling price per unit:
Contribution margin ratio = Contribution margin per unit / Selling price per unit
Contribution margin ratio = $40 / $100
Contribution margin ratio = 0.4 or 40%
Using the formula above, we can now calculate the break-even point in dollars:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
Break-even point (in dollars) = $120,000 / 0.4
Break-even point (in dollars) = $300,000
Therefore, the break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
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The break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
The break-even point is the level of sales at which a company neither makes a profit nor incurs a loss. It is the point at which the company's total revenue equals its total costs.
The break-even point can be calculated using the following formula:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
The contribution margin is the difference between the selling price and the variable cost per unit. In this case, the contribution margin per unit can be calculated as:
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $100 - $60
Contribution margin per unit = $40
The contribution margin ratio can be calculated as the contribution margin per unit divided by the selling price per unit:
Contribution margin ratio = Contribution margin per unit / Selling price per unit
Contribution margin ratio = $40 / $100
Contribution margin ratio = 0.4 or 40%
Using the formula above, we can now calculate the break-even point in dollars:
Break-even point (in dollars) = Total fixed costs / Contribution margin ratio
Break-even point (in dollars) = $120,000 / 0.4
Break-even point (in dollars) = $300,000
Therefore, the break-even point in dollars for Franklin Company is $300,000. This means that the company needs to generate at least $300,000 in sales to cover all its costs and break even.
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When the fed conducts open market operations, which of its functions is being implemented?.
When the Federal Reserve conducts open market operations, the functions being implemented is the enactment and maintenance of monetary policy.
The Federal Reserve System is the central system of banking in the United States which monitors financial system risks to ensure that the system supports a healthy economy. In open market operations (OMO), the Federal Reserve sells or buys securities in the open market to lower or raise interest rates respectively. It is conducted to regulate the supply of money that is in the US bank reserves.
It is among the tools used by Fed to boost or slow down economic activity of the country. By using OMO, the Fed can modify the federal funds rate leading to influences on other short-term rates, long-term rates, and foreign exchange rates. In turn, this can adjust the money and credit available in the economy and influences economic factors, such as output, unemployment, and the costs of goods and services.
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Phillipe has two job offers as given below and really has no preference for either company. Compare the total
compensations for the job offers and explain which job you think Phillipe should accept and why.
Company A
Company B
Gross pay $62,000
Gross pay $60,000
Medical insurance $3,400
25% of gross pay in employee benefits
Paid time off $8,000
Retirement $2,700
Job expenses $800
An employee has an annual salary of $48,700. They receive $1,530 in health insurance and $2,810 in paid time off per year. They drive their personal vehicle for work which costs them $500 per month, but the company reimburses them $0.53 per mile for the total work miles driven. If the employee drives 9,000 miles for work for the year, what will be their total employment compensation?
a. $43,130
b. $51,810
c. $57,810
d. $59,470
For Company A, the total compensation would be:
$62,000 (gross pay) + $3,400 (medical insurance) + $8,000 (paid time off) + $2,700 (retirement) + $800 (job expenses) = $76,900
For Company B, the total compensation would be:
$60,000 (gross pay) + 25% (of $60,000) in employee benefits = $75,000
Based on the total compensation, Company A would be the better choice for Phillipe to accept because it offers a higher total compensation package.
For the second question, the employee would receive $4,770 in reimbursement for their work mileage (9,000 miles x $0.53 per mile). So their total employment compensation would be:
$48,700 (annual salary) + $1,530 (health insurance) + $2,810 (paid time off) + $4,770 (mileage reimbursement) = $57,810
Therefore, the answer is c. $57,810.
To compare the total compensations for Phillipe's job offers, we first need to calculate the total compensation for each company.
Company A:
Gross pay: $62,000
Medical insurance: $3,400
Paid time off: $8,000
Retirement: $2,700
Job expenses: -$800 (as expenses are a cost to Phillipe)
Total compensation: $62,000 + $3,400 + $8,000 + $2,700 - $800 = $75,300
Company B:
Gross pay: $60,000
Employee benefits: 25% of gross pay = $60,000 * 0.25 = $15,000
Total compensation: $60,000 + $15,000 = $75,000
Between the two job offers, Phillipe should accept the offer from Company A, as it has a higher total compensation of $75,300 compared to Company B's $75,000. The difference in total compensation, although not significant, could provide Phillipe with slightly more financial stability and benefits.
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Alice loves all animals and is starting a new grooming business for dogs. She believes that animals are very important and plans to exceed any applicable regulations regarding cleanliness and health standards. Alice thinks some local regulations make no sense. For example, there is a local ordinance that all dogs must be kept on a leash at all times when not in a fenced area. Although Alice lives on a large lot with plenty of room for dogs to run free, she plans to obey the leash regulation and all others. She is aware, however, that members of the community have had success in changing local regulations by petitioning city council. Alice plans to proceed in that manner to attempt a change in the leash law. Alice's idea that dogs have basic rights, and her plan to exceed laws involving cleanliness and health standards is rooted in which of the following?A. Legal positivism.
B. The historical school.
C. Legal realism.D. Natural law.
E. Cost-benefit analysis.
Answer:
D. Natural law.
Explanation:
As a concept, natural law states that everyone, including people, animals and all other living things, e.g. trees, have God given or natural rights. These rights include our right to live and be free, and are not established by any law created by humans, instead we (and the rest of living creatures) are born with them. Laws made by human societies have no right to interfere or break natural laws, since natural laws are the basis of all other laws.
Some people believe that natural law only applies to humans, but others, e.g. ecologists and animal lovers, believe that they apply to all living creatures.
profit is the only
Organizational objectives of the business.Do you agree
Explanation:
I agree because without profit what's the use of the business
Papa's Pizza has the following items for the past year: Net sales are $24,128, net income is $2,223, total assets at the beginning of year are $14,898, and total assets at the end of year are $15,465. What is the profit margin? 9.2%
61.7%
14.6%
14.9%
To calculate the profit margin, we divide the net income by net sales and express the result as a percentage:
Profit margin = (Net income / Net sales) x 100%
In this case, we have:
Net sales = $24,128
Net income = $2,223
Therefore:
Profit margin = ($2,223 / $24,128) x 100% = 9.2%
So the profit margin for Papa's Pizza for the past year is 9.2%.
Businesses want to produce better
products, at better prices, with
better service for customers. Which
of the following is true about
customers?
A. Customers want unlimited goods and resources
from businesses.
B. Businesses can provide unlimited goods and
services for customers.
C. Customers' needs will be satisfied by unlimited
resources.
Answer:
A
Explanation:
Why are job referrals valuable to both job seekers and employers?
A process is capable of producing 3 units per minute (when producing). After each batch, the process requires a 40 minute setup before production can resume. Round your answer up to the next whole number. Do not round intermediate calculations What batch size (in units) will achieve a target capacity of 70 units per hour? 75 units
To achieve a target capacity of 70 units per hour with a process that can produce 3 units per minute and requires a 40-minute setup after each batch, a batch size of 75 units would be needed.
The batch size can be calculated by dividing the target capacity by the production rate per minute and accounting for the setup time.
Given that the process produces 3 units per minute, the production rate per hour would be 3 units/minute * 60 minutes = 180 units/hour. However, since there is a 40-minute setup time after each batch, the effective production time per hour would be reduced to (60 minutes - 40 minutes) = 20 minutes.
To achieve a target capacity of 70 units per hour, we need to divide the target capacity by the effective production time per hour: 70 units/hour / 20 minutes = 3.5 units/minute.
Since the process can only produce whole units, the batch size must be rounded up to the next whole number, resulting in a batch size of 4 units.
Therefore, a batch size of 75 units would achieve a target capacity of 70 units per hour with the given process constraints.
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To decrease buyer power, the firm can a.​Differentiate its product b.​Decrease dependency on a single buyer c.​Sell its products in locations with multiple buyers d.​All of the above
Answer:
I need these pt thx plz plzpl
Which one of the following payroll tax deposit schedules is not a rule that applies for a class of employers?
a. Monthly deposit rule
b. Semi-weekly deposit rule
c. One-day deposit rule
d. Yearly deposit rule
e. Eight-day deposit rule
The payroll tax deposit schedule that is not a rule that applies for a class of employers is the yearly deposit rule.
This is because all employers are required to make payroll tax deposits either monthly or semi-weekly, depending on the amount of their tax liability. The one-day and eight-day deposit rules only apply to certain small employers, while the monthly and semi-weekly deposit rules apply to all employers. The yearly deposit rule is not an option for any employer, as it does not meet the requirements for timely deposit of payroll taxes.
So, in summary, the long answer is that the yearly deposit rule is not a rule that applies for any class of employers, as all employers must either deposit payroll taxes monthly or semi-weekly.
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1market review in nepal with that market picture
For project work of class 8th O.B.T.E subject
Research has shown that the scenarios of things in the Nepalese market. The market under review here is called the Kalimati fruit and vegetable market and it is located at Kathmandu, Nepal.
What is the Kalimati fruit and vegetable market about?Kalimati fruit and vegetable market is known to be the largest wholesale market that is known to often sell agricultural products in the country of Nepal.
One can find this market in Kathmandu, Nepal. it is said to be maintained by the Kalimati Fruit and Vegetable Market Development.
This market was set up in 1987 and as at that time, it was known to be a wholesale center run by the Nepal government and it was said to be set up by United Nation Capital Development Fund.
The sellers here are known to sell lowest of five kilograms and it also has a retail market for small traders to sell their products.
Study has shown that it has 425 wholesaler, 65 retail and also about 27 fish shops that can be found the market.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
If you tell me a good counter to this argument fast, I'll give u brainliest + five star (HELP)
If a school duration is not year-round, then students will most likely forget alot of things they learned over school year.
We certainly blank out things over time, and there's no reason to evaluate that what students learn in school should be an exception.
What do you mean by Argument?Making an argument involves two or more individuals reacting to one another's claim and support for such a claim.
There are a few unusual reasons why the brain forgets, but the two main causes are decay and disuse. Decay is a natural process that refers to the gradual loss of information over time. When we first learn something, it is stored in our short-term memory, which is relatively small and can only hold a very small amount of information.
Therefore, The statement “If a school duration is not year-round, then students will most likely forget a lot of things they learned over the school year.” is correct.
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what makes recession and recover different?
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
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Grouper Corporation issued $360,000, 7%, 20-year bonds on January 1, 2022, for $324,655. This price resulted in an effective-interest rate of 8% on the bonds. Interest is payable annually on January 1. Grouper uses the effective-interest method to amortize bond premium or discount. New attempt is in progress. Some of the new entries may impact the last attempt grading. Your answer is partially correct. Prepare the schedule using effective-interest method to amortize bond premium or discount of Grouper. (Round answers to 0 decimal places, e. G. 5,275. ) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value
To prepare the schedule using effective-interest method to amortize bond premium or discount of Grouper, we need to calculate the annual interest payment, interest expense, and the amortization of bond premium or discount for each year:
Annual interest payment = $360,000 × 7% = $25,200
Year Interest to Be Paid Interest Expense Discount Amortization Unamortized Discount Bond Carrying Value
1 $25,200 $25,972 ($772) $44,728 $319,928
2 $25,200 $26,394 ($778) $43,950 $318,846
3 $25,200 $26,831 ($784) $43,166 $317,582
4 $25,200 $27,283 ($791) $42,375 $316,009
5 $25,200 $27,751 ($797) $41,577 $314,531
6 $25,200 $28,235 ($803) $40,772 $313,047
7 $25,200 $28,735 ($809) $39,959 $311,656
8 $25,200 $29,251 ($816) $39,140 $310,254
9 $25,200 $29,784 ($822) $38,313 $308,842
10 $25,200 $30,334 ($828) $37,479 $307,412
11 $25,200 $30,901 ($834) $36,638 $305,963
12 $25,200 $31,485 ($841) $35,789 $304,505
13 $25,200 $32,087 ($847) $34,932 $303,043
14 $25,200 $32,707 ($853) $34,067 $301,573
15 $25,200 $33,345 ($860) $33,195 $300,095
16 $25,200 $34,001 ($866) $32,315 $298,601
17 $25,200 $34,675 ($872) $31,427 $297,099
18 $25,200 $35,368 ($879) $30,531 $295,590
19 $25,200 $36,080 ($885) $29,627 $294,095
20 $25,200 $36,811 ($892) $28,715 $292,603
At maturity, the bond carrying value will be equal to the face value of $360,000. The bond premium of $35,345 ($360,000 - $324,655) will be fully amortized by the end of the 20-year term.
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Why is creative thinking important to generate business ideas?
Answer: Creative thinking is necessary for business problem-solving.
Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!
what are five marketing strategies that retailers spend half of their annual budget on?
The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.
The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.
The five marketing strategies they spend half of their annual budget on includes on the following:
Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.Learn more about this here
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Answer:Product, Price, Promotion, Place, and People
Explanation:
You purchased a call option for $3.45 17 days ago. The call has a strike price of $45, and the stock is now trading for $51. If you exercise the call today, what will be your holding-period return? If you do not exercise the call today and it expires, what will be your holding-period return?
Answer:
73.9%;-100%
Explanation:
1. Calculation to determine what will be your holding period return If you exercise the call today
First step is to determine the Forest profit
If the call is exercised
Gross profit =$51 - 45
Gross profit= $6
Second step is to calculate the Net profit
Net profit =$6 -$3.45
Net profit = $2.55.
Now let calculate The holding period return Holding period return=$2.55/$3.45
Holding period return = .739 *100
Holding period return=73.9%
Therefore If you exercise the call today, what will be your holding-period return will be 73.8%
2. Calculation to determine what will be your holding period return If you do not exercise the call today and it expires,
Holding period return= ($0 -$3.45)/$3.45
Holding period return=-$3.45/$3.45
Holding period return = -1.00*100
Holding period return= -100%
Therefore If you do not exercise the call today and it expires, what will be your holding period return will be -100%
what can i do if my total in cash account is not the same in credit and debit side?
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
mom???????????????????????
mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.
Which of the following are reasons you can claim additional allowances CHOOSE ALL THAT APPLY
A. You file as head of household if you are eligible
B. You are a single filer and plan to make a large purchase next year such as a house or car
C. You're eligible to claim the Child Tax Credit
D. You had at least the minimum amount required of child or dependent care expenses that you plan on claiming credit
Answer:
no por que. no se inglés ponlo en español
Please Help! I Have Limited Time!
1. To effectively prepare for an interview, you should
A. ask your friends what they know about the company and its strengths
B. call the company and request information about the company culture
C. send an email to the company and ask about industry trends
D. use the company's website to learn about its mission and executive team
2. Which of the following work factors should you look for in a career if professional growth is important to you?
A. The ability to complete challenging tasks
B. The ability to create positive relationships
C. The ability to earn a high salary
D. The ability to take time off for vacations
Answer:
1. D. use the company's website to learn about its mission and executive team
2. A. The ability to complete challenging tasks
Answer: for 1 is d: use the company's website to learn about its mission and executive team
Anwser: for 2 is A: The ability to complete challenging tasks
Guys I love cricket and my favourite ipl team is KKR
Answer:
same pinch ☺️☺️..............
#3 Shaq Fu Corporation is a fast-growing supplier of office products. Analysts project the following free cash flows during the next 3 years, after which FCF is expected to grow at a constant 6.00% rate. Shaq Fu’s cost of capital is 10.00%. Shaq Fu has 8.00 million shares outstanding, and carries 86.00 million in debt. Round to two decimal places
Equity value = 398.29
share price = equity value/number of shares
share price = 398.29/9
share price = 44.25
How to solveWACC= 11.00%
Year Previous year FCF FCF growth rate FCF current year Terminal value Total Value Discount factor Discounted value
1 0 0.00% -24 -24 1.11 -21.6216
2 -24 0.00% 40 40 1.2321 32.4649
3 40 0.00% 35 612.5 647.5 1.367631 473.44642
Long term growth rate (given)= 5.00% Value of Enterprise = Sum of discounted value = 484.29
Where
Total value = FCF + horizon value (only for last year)
'
Horizon value = FCF current year 3 *(1+long term growth rate)/( WACC-long term growth rate)
Discount factor=(1+ WACC)^corresponding period
Discounted value=total value/discount factor
Enterprise value = Equity value+ MV of debt
484.29 = Equity value+86
Equity value = 398.29
share price = equity value/number of shares
share price = 398.29/9
share price = 44.25
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