Coin merit?
1813 Type A / 1 Dump, Graded: Good Fine/Coin?I own one. And resonantly had it valued by a coin evaluation company surrounded by Sydney. How ever I think that the convenience of the coin do's not sound write. Its apparently worth $26,000. I hold had the coin for 5 years and bought it for $13,000. I be expecting the coin to by worth $33,500.
Can any one tell me if $26k is the right amount?
Answers: The price sounds nearly accurate from your description and from what I could find on the net...
What country be the coin minted in?
Finance Question - Help needed!?
You have in recent times purchased a 10-year, $1,000 par value bond.The coupon rate on this bond is 8 percent annually, next to interest being salaried each 6 months. If you expect to earn a 10 percent simple rate of return on this bond, how much did you rate for it?Answers: If by "simple rate" you mean give up, then you salaried $800.
8% interest on $1,000 par bond is $80 interest / year.
$80 annual interest payment divided by 10% = $800.
This investor expects to trademark a profit of 100% in10 years, ie to double his investment.
If he pays x, he will get the par attraction 1000 plus 800 interest. So,
(1000 +800) = 2x, or
x = 900
Finance problem - Please Help?
The Ace Company is considering investing in a piece of property which costs $105,000.The property will return a constant brass flow forever.If the firm's required rate of return is 9 percent and the corporate tax rate is 40 percent, what is the maximum after-tax change flow that would make the investment agreeable to Ace?Answers: Do your own homework.
There is no maximum - the higher the change flow the better. For example, $100 million would be better than $90 million. So I think you really are asking going on for the minimum cash flow, to some extent than the maximum cash flow.
If the firm's required rate of return is 9% after import tax, the minimum after-tax cash flow forever is $105,000 times 9% = $9,450.
The above answer is correct, but put in the picture your teacher he is not conversant.
a) There is no limit to a MAXIMUM legitimate cash flow, and
b) Why bequeath the TAX RATE 40%, when it is not needed contained by the calculation? Deliberate confusion of students is unacceptable, but I suspect he is confused himself. (Unless of course, you copied the question wrongly yourself!)
As the other two answerers have astutely noted, the interview as worded doesn't make any sense. I'm going to assume you made a mistake and you intended "What is the MINIMUM after-tax cash flow that would label the investment acceptable to Ace."
This is a web present value (NPV) problem. If the project have a NPV < 0, then the project destroys attraction and should not be undertaken. If the project have an NPV > 0, then it add value and should be undertake. If the NPV = 0, then Ace is indifferent.
Given the implication of NPV, the investment would be acceptable to Ace if the NPV be greater than or equal to zero. Therefore, what we own to do is solve for the cash flow that would relinquish an NPV of zero. That change flow, or any greater cash flow, would gross the project acceptable.
The equation looks similar to this:
NPV = [Cash flow * (1-Tax rate)]/discount rate - initial investment
The cash flow times 1 minus the charge rate gives us the after-tax bread flow. This property yields money forever, so this is a perpetuity, and the present expediency of a perpetuity beginning at T=1 is lately the cash flow divided by the discount rate. Then we a short time ago subtract out the cost of the investment.
Plug in the numbers and it looks resembling this:
0 = [X*(0.6)]/0.09 - 105,000
We're solving for the cash flow. If you do the math:
X = $15,750
That channel that if the per-period cash flow from this investment is $15,750, the NPV of the project will be exactly 0. An NPV of 0 isn't discouraging; it just technique that there be no change surrounded by value at adjectives. If we go even one dollar above $15,750, the project starts to in reality create value. Even one dollar smaller number than this number begins to verbs value. As such, the investment become acceptable to Ace if the per-period dosh flow is $15,750 or greater.