In June 2024
Search & Filtering
a car loan should be fully repaid in 60 monthly installments of 5 million. if the loan is 250 million, what is the effective interest rate j12 of the loan
The present capital structure is as follows;
2 000 000 ordinary shares with a par value of R1.00 per share. These shares are
currently trading at R2.50 per share and the latest dividend paid is 40 cents. An
average dividend growth of 9% is maintained.
1 500 000 8% R2.00 preference shares, with a market value of R1.80 per shareR10 000 000 non- distributable reserves R2 000 000 7% debentures due in 6 years time and the current yield to maturity is
10%, and R1 000 000 15% bank loan.
Additional information:
The company has a beta of 2.1 a risk free rate of 7% and a return of market of 16%.
The company tax rate is 30%.
Required
3.1Calculate the adjusted weighted average cost of capital using capital asset pricing model as the cost of equity.(13 marks)
The Boxing Fund must pay Daniel an old boxer, R18 000 every three months indefinitely as compensation.Money is worth 11,4% per year, compounded quarterly.
The opening balance of this fund is approximately
The present value of an annuity is R62 543,42. The time under onsideration is 10 years and the appli able interest rate is 16% per year, ompounded monthly. The future value of this annuity is [1℄ R162 612,89. [2℄ R1 333 517,61. [3℄ R306 521,61. [4℄ R581 913,00.
A company estimates that it will need $103,000 in 13 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 6.3% compoundedmonthly, how much should each paymentbe?
Acme Annuities recently offered an annuity that pays 7.2% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $108,000 in 16 years?
In order to accumulate enough money for a down payment on a house, a couple deposits $772 per month into an account paying 3% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 7 years?
To save money for a new house, you want to begin contributing money to a savings account. Your plan
is to make equal contributions to the account for eight years. Each contribution will be R18 490,00. The
contributions will come at the end of every three month period, starting three months from now. The savings
account pays 9% interest per annum, compounded quarterly. How much money do you expect to have in
the account at the end of the eight years
Mabel borrowed an amount of money from her father. The loan will be paid back by means of payments of R25 000 each every second month for six years. An interest rate of 7,5% per year, compounded every two months, will be applicable. The amount of the loan is
Mabel borrowed an amount of money from her father. The loan will be paid back by means of payments of R25 000 each every second month for six years. An interest rate of 7,5% per year, compounded every two months, will be applicable. The amount of the loan is
-
![Help me with my assignment!]()
Who Can Help Me with My Assignment
There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
-
![How to finish assignment]()
How to Finish Assignments When You Can’t
Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
-
![Math Exams Study]()
How to Effectively Study for a Math Test
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
#340153 on Dec 2023