Router Inc lends $70,000 on a 120-day, 9% promissory note. The total interest that Router will receive at maturity is
a. $6,300
b. $2,100
c. $525
d. $1,890
b
Business
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A ________ is the ultimate user of a good or service
A) stakeholder B) market C) target market D) marketer E) consumer
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Worldwide Inc, a large conglomerate, has decided to acquire another firm
Analysts are forecasting a period (2 years) of extraordinary growth (20%), followed by another 2 years of unusual growth (10 %), and finally a normal (sustainable) growth rate of 6% annually. If the last dividend was D(0 ) = $1.00 per share and the required rate is 8%, what should the market price be today? A) $93.70 B) $72.76 C) $99.66 D) $98.57 E) $68.87
Business