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| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
5.9 What is the PW (at i = 5%) of SuperTool’s new test equipment? The development cost is $1.2M. Net revenues will begin at $300,000 for the first 2 years and then decline at $50,000 per year. Super- Tool will terminate sales when net revenues decline to zero.
5.10 A 10-year, 9% bond, issued by Cheap Motors Manufacturing on January 1, 2010, matures on December 31, 2019. If investors require a 12% return, how much should they be willing to pay on January 1, 2014? (Face value of the bond is
$10,000, and interest is paid annually.)
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