Question: Please to whoever solves this: This a test correction, I failed the test and i need to show complete and clear work so i can
Saint Joseph's University Finance Department S. Last year you bought Snipchat, Inc. at a price of $S8. Today (one year later) you sold Sripchat, and calculated that you earned a total return for the holding period of 17%. Snipchat's dividend yield was 3%. At what price did you sell the stock? a. $50.88 $59.74 $66.12 d. $67.86 e. $117.00 You take out a typical installment loan (for example, a 30-year mortgage or 5-year car loan). Payments are to be made at the end of each month. Which of the following statements is true about the loan? 6. a. The interest paid each month will decrease as time passes c. d. The amount of principal paid off each month will decrease as time passes The monthly payments will decrease as time passes There is not enough information to answer this question 7. You are considering two insurance settlement offers. The first offer includes annual payments of $12,000, $14,000, and $20,000 over the next three years, respectively. The other offer is the payment of one lump sum amount today. You are trying to decide which offer to accept given the fact that your discount rate is 3 percent. What is the minimum amount that you will accept today for the lump sum offer (in other words, to be indifferent between the two offers)? $15,254 b. )$43,150 $44,444 d. $46,00 e. $47,151 3 of 8
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
