NOTES FOR THE TEACHER CHAPTER 3 : MONEY AND CREDIT Money is a fascinating subject and full of curiosities. It is important to capture this element for the students. The history of money and how various forms were used at different times is an interesting story. At this stage the purpose is to allow students to realise the social situation in which these forms were used. Modern forms of money are linked to the banking system. This is the central idea of the first part of the chapter. The present
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Assignment #2 Personal Finance p. 183 Combined Yearly Combined Income Estimate Category Vicki Tim Assets Checking Account Car 401K Income Gross Annual Salary After-‐Tax Monthly Salary (Monthly Take Home Pay) Liabilities Student Loan Credit Card Balance Monthly Expenses Rent Food Student Loan Credit card payments Entertainment Wedding Expenses Gas / Repairs Retirement Savings 401k
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000‚ and her expenses are as follow: _______________________________________ Salaries to hired help $45‚000 Supplies $15‚000 Rent $10‚000 Utilities $1‚000 Interest on bank loan $10‚000 ________________________________________ Calculate (a)the explicit costs‚ (b) the implicit costs (c) the business profit (d) the economic profit and (e) the normal return on investment in the business. a)
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Capital Expenditures | 1.8 | 4.2 | 0.2 | 3.8 | 4.7 | | | Other information: | | Tax rate | 35% | Book value of debt ($MM) | 165 | Book value of equity ($MM) | 375.9 | Share price ($) | 10.3 | Beta | 0.81 | Shares outstanding(MM) | 52.3 | Interest rate on company debt | 4.95% | Current bond yields on similarly rated companies | 5.15% | Inflation | 2.30% | Average Market Return 1926 - 2005 | 11.50% | Excess Cash on hand ($MM) | 38 | Average Market Risk Premium | 8.20% | 1. Calculate
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credit". | | | 2. What is a credit score? (0.5 points) Your credit score is a three-digit number generated by a mathematical algorithm using information in your credit report 3. What is installment credit? (0.5 points) a loan repaid with interest in equal periodic payments. 4. What is revolving credit? (0.5 points) Credit that is automatically renewed as debts are paid off. 5. What is noninstallment credit? (0.5 points) Non-installment credit refer to a system of credit that is payable
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is: NPVB (0.10) = −325 − 75a1 − 90va1 − 120v 2 a1 + 1000v3 = −325 − (75 + 90v + 120v 2 ) 1− v δ + 1000v3 = 182.1 So‚ using a risk discount rate of 10%‚ Project B appears more favourable. (b) For Project A‚ we need to find the interest rate i that satisfies the equation of value: −150 − 250v − 250v 2 + 1000v 3 = 0 At 10%: −150 − 250v − 250v 2 + 1000v3 = 167.4 At 20%:
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REVERSE MORTGAGE LOAN Senior Citizens are an increasing component of the Indian society and dependency in old age is increasing in the country. Most senior citizens have spent a life time working‚ providing and saving. They have built a home‚ brought up their children‚ often giving them the best possible education‚ got their children married and are now retired from service. While on one hand‚ there is significant increase in longevity and low mortality‚ on the other hand‚ cost of good
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The Open Polytechnic of New Zealand Trimester 1‚ 2012 71303 Corporate Finance Final Examination Time allowed Three hours‚ plus 10 minutes to read this paper. Instructions 1. 2. 3. 4. Answer all questions. Read each question carefully. Start each question on a new page. Show all of your workings. Mark allocation Question Part A Part B 1. 2. 3. 4. 5. Cost of capital Risk and return Investment timing real option Capital structure Dividend policy 14 12 15 20 15 Total 100 Topic Multiple-choice
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NPA MANAGEMENT 2010 UNIVERSITY OF MUMBAI A PROJECT REPORT ON “A study of Non Performing Asset Management” IN PARTIAL FULFILLMENT OF MASTER OF MANANGEMENT STUDIES (MMS) FINANCE SUBMITTED BY SAHIL B MULLA NCRD’S STERLING INSTITUTE OF MANAGEMENT STUDIES Sector - 19‚ Near Seawoods Dara ve Petrol Pump‚ Nerul (E)‚ Navi Mumbai - 400 706 NCRDs Sterling Institute of Management Studies 1 NPA MANAGEMENT 2010 Date :5th APRIL 2010 CERTIFICATE This is to certify that Mr. SAHIL B
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Netflix Netflix was founded in 1997 and is headquartered in Los Gatos‚ California. Netflix is a company that provides online movie rental subscription services in the United States. The company offers its subscribers access to a library of movie‚ television‚ and other filmed entertainment titles on digital versatile disc (DVD) and Blu-Rays. Its members can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs and PCs. It also partners with consumer
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