Finance Assignment | Homework For You |

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Finance Assignment | Homework For You |

ou will receive $2,000 a month for ten years. If yo
16. You just won the grand prize in a national writing contest as your prive eam 7 percent on your money, what is this prize worth to you today! A. S172.252.71 B. S178.411.06 2.000 C. S181,338.40 D$185.33333 E. S190.450.25 10 7%
17. Gerold invested $6,200 in an account that pays 5 percent simple interest. How much money will he have at the end of ten years! A. $8,710 B. $9.000 C. $9.300 D. 59.678 E. S10,099
18. What is the present value of $150,000 to be received 8 years from today if the discount rate is 11 percent? A $65.088.97 B $71.147.07 C. $74,141.41 D. 579,806.18 E. $83.291.06
19. The Sarbanes-Oxley Act of 2002 is a governmental response to: A. decreasing corporate profits. B. the terrorists attacks on W11/2001. C. a weakening economy D. deregulation of the stock exchanges. E.management greed and abuses.
20. What is the profitability index for an investment with the following cash flows given a 14.5 percent required return? Year 0 Cash Flow -$46,500 $12,200 $38,400 $11,300 A. 0.94 B 0.98 C.1.02 D. 106 EL.II. Get Finance homework help today
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Finance Assignment | Homework For You |

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