Probability of founding the mice in a field
The average number of field mice per acre in a 5-acre wheat field is estimated to be 12. Find the probability that fewer than 7 field mice are found:
(a) On a given acre;
(b) On 2 of the next 3 acres inspected.
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In February 2009 Treasury 6s of 2026 offered a semiannually compounded yield of 3.5965%. Recognizing that coupons are paid semiannually, calculate the bond"s price.
In addition, it received $12,500 in interest income from investment and another $10,000 in dividends from a wholly owned subsidiary. What is the company's total tax liability for the year?
Calculate for each year the loan balance that remains outstanding, the interest payment on the loan, and the reduction in the loan balance.
A common stock will pay a cash dividend of $4 next year. After that, the dividends are expected to increase indefinitely at 4% per year. If the discount rate is 14%, what is the PV of the stream of dividend payments?
Rights per Share. Mason Corporation intends to raise $1.5 million in a rights offering.How many shares must be sold? How many rights are needed to purchase one share of stock?
What is the price per share of Avalanche Skis, Inc., stock today without the company making the new investment? If Avalanche announces that the new investment will be made, what will the per-share stock price be today?
On the basis of your statement in part (1), draft a brief memo to the president to explainwhy cash decreased during such a profitable year.
Nestlé, a Switzerland-based company, uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. All amounts in millions of Swiss franc, CHF.
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