Question: For the below i already know correct answer but can some please explain why that is correct. Q1 The dividends of tracking stock are tied

For the below i already know correct answer but can some please explain why that is correct.

The dividends of tracking stock are tied to a particular division, rather than the company as a whole. Tracking stock usually has no voting rights, and the financial disclosure for the division is not as regulated as for the company.

Ans: True

Whats the present value of a future $1000 due in 10 years? We assume current interest rate is = 8%, compounded QUARTERLY.

Selected Answer:	$454.2
Answers:	$452.9
Correct	$454.2
	$485.8
	$527.3

Based on the information from Question 37, whats the ending balance of the amortized loan at the end of the second year

Selected Answer:	$0
Answers:	$0
Correct	$359.4
	$388.3
	$682.8

Question 48

5 out of 5 points

The original sale price of a car is $22,194.96. The required down payment is $1,410. What is the monthly payment if the customer can apply for a 3-year auto loan with a promotional financing rate at 2.99%?

Selected Answer:	$604.36
Answers:	$577.36
	$598.25
Correct dont need explain	$604.36
	$645.36

Based on the information from Q48, if a customer decides to skip the 2.99% financing promotion loan but take the cash rebate offer, how much cash does the customer need to pay to buy the new car? We assume that regular market interest rate for auto loan is 6%.

Selected Answer:	$19,865.92
Answers:	$19,264.02
	$19,865.92
	$21,213.64
Correct	$21,275.92

Based on the information from Q48 and Q49, whats the amount of cash rebate can the customer receive from the dealer if he decides to pay for the car with all cash instead of applying for the auto loan with the 2.99% low interest rate?

Selected Answer:	$2,329
Answers:	$1,521
	$2,329
correct	$919
	$3,930

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