Calculate the cost of discounting a 292000 bankers, Financial Management

+44 141 628 6080
[email protected]

Calculate the cost of discounting a 292000 bankers

Calculate the cost of discounting a $292,000 bankers’ acceptance if it is due in 90 days and is sold at $287,915. Ignore bank fees. (Use a Financial calculator to arrive at the answers. Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Effective annual yield

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Calculate the cost of discounting a 292000 bankers

Reference No:- TGS02630831

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Financial Management

Q : Father is planning to deposit a constant fraction of his

child will begin college in exactly 18 years the yearly tuition at the scool is currently 30000 per year this cost is

Q : What level of pretax cost savings do we require for this

a proposed cost-saving device has an installed cost of 780000 the device will be used in a five-year project but is

Q : She sold all stocks today for 4353 during that period the

1 mary purchased 100 shares of sweet pea co stock at a price of 4285 six months ago she sold all stocks today for 4353

Q : Name two or more functions of the fed other than monetary

1 what is the ear of 154 per annum compounded weekly show your answer to two decimal points2 name two or more functions

Q : Calculate the cost of discounting a 292000 bankers

calculate the cost of discounting a 292000 bankersrsquo acceptance if it is due in 90 days and is sold at 287915 ignore

Q : Create all journal entries and post entries to t-accounts

corporation a sold parts to a german customer on december 1 year 1 with payment of 100000 german marks to be recieved

Q : Whats the shape of the curve flat rising inverted or

whatrsquos the shape of the curve flat rising inverted or hump-shaped if you believe in expectations hypothesis is the

Q : What is a second method of forecasting a stocks future

1 what is a second method of forecasting a stockrsquos future price that applies the time value of money2 a bond has a

Q : What is the effective annual interest rate corresponding to

1 mr smith plans to deposit money in a bank that pays 10 per year compounded daily what is effective interest rate

1950361

Questions
Asked

3,689

Active Tutors

1423388

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

How does judith butlers theory of gender performativity

What can drag tell us about gender? How does Judith Butler's theory of gender performativity help you understand the ways in which individuals

Stratified sample of participants

I want to have a focus group with a stratified sample of participants from our course, therefore I need to make sure:

Examining audience demographics and psychographics

Examining the audience demographics and psychographics can help formulate an approach that will help your audience know what the problem is

Conduct an abc assessment

Select a target behavior of your own (or ask for permission to record a friend's/family member's behavior), and conduct an ABC assessment.

Problem regarding the absentminded

Grant's mom tells him to take out the trash tomorrow morning before he leaves for school. She tells him not to be absentminded and forget

Pros and cons of automatic and controlled thinking

In class, we discussed some of the pros and cons of automatic and controlled thinking.

Describe techniques for substance use disorder treatment

content area top Part 1 Which one of the following techniques for substance use disorder treatment can be described as a? "client-centered,