What is the rate of return on an investment of $10,606 if the company will receive $2,000

Question:

What is the rate of return on an investment of $10,606 if the company will receive $2,000 each year for the next 10 years?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

See More Books

Question Posted: Mar 05, 2012 04:50 AM

See More Questions

What is the rate of return on an investment or the interest rate on a loan and how do you calculate the rate?
Compute the rate of return on an investment having the following cash flow. Year Cash Flow 0................................-$850 0.................................+600...
What does the rate of return on total assets measure, and how is it calculated?
n Write a program that finds how many zeros in the list and puts the result in cntr variable (Copy and paste a program that is not related to the requirements will get Ox0000) .data list1 .word...
(a) What is the difference between classifying expenses in an income statement by nature or by function? (b) Does this classification apply only to a single-step income statement, to a multiple-step...
Find the derivative of the function.
Is the field line pattern created by a magnetic dipole the same as the field line pattern created by an electric dipole? Draw both field line patterns.
Discuss the ethical issues that caused the downfall of Countrywide Financial. Not too long ago, Countrywide Financial seemed to have everything going for it. Co-founded in part by Angelo Mozilo in...
18. The atomic number of elements P, Q, R and T are 19,17, 14 and 6 respectively. The pair of elements that can react to form an ionic compound is A. Q and T B. R and Q C. Q and P D. R and T 19. The...
The Solo Hotel opened for business on May 1, 2014. Here is its trial balance before adjustment on May 31 Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows...
Clare Jaccard has $5,000 to invest. Because she is only 25 years old, she is not concerned about the length of the investments life. What she is sensitive to is the rate of return she will earn on...
Raina Herzig wishes to choose the best of four immediate-retirement annuities available to her. In each case, in exchange for paying a single premium today, she will receive equal, annual,...
The following facts apply to the ABC Company in the year 20XX. 1. Stockholders invest $1,000,000. 2. The company buys land for $20,000 and a building for $380,000 in cash. 3. The company borrows...
What is the strategy behind using television in an IMC campaign?
What must sales promotion do both visually and verbally to be successful within an IMC campaign?
How can radio be personalized?
How does public relations employ a two-way dialogue with consumers? Why is this so important?
Why is out-of-home growing?
Which of the following statements is not correct? a. Database systems resolve task data dependency b. The flat-file model encourages data redundancy c. A primary goal of database systems is to...
In a certain school district, 3% of the faculty use none of their sick days in a school year. Find the probability that 5 faculty members selected at random used no sick days in a given year.
Define quality policy.
Sweet Potato Corporation is considering the acquisition of a new cooking machine. The initial investment is estimated at $2.52 million, and the machine will have a 5-year life with no salvage value....
Sweet Potato Corporation is considering the acquisition of a new cooking machine. The initial investment is estimated at $2.52 million, and the machine will have a 5-year life with no salvage value....
Colorado Cleaning has a 5-year maximum acceptable payback period. The firm is considering the purchase of a new washing machine and must choose between two alternative ones. The first machine...
What are the key historical factors supporting the building of relationships between indigenous communities and settlers from Britain and France? What were the strengths and difficulties? What is an...
Let n be a positive integer, n2. The graph G illustrated below has vertices a1, a2, ..., an, b1, b2, ..., bn. C1, C2, ..., C, and d, and edges ab, bici, cia, and, bnd, cnd and aja+1, bibi+1, CiCi+1...
How should an organization deal with third-party network access?

What is the rate of return on an investment of $10,606 if the company will receive $2,000

Question:

Step by Step Answer:

N 10 PV ...View the full answer

Principles Of Managerial Finance

Students also viewed these Finance questions