1 university of texas is considering purchasing a battery, Ask an Expert

Finance

1. University of Texas is considering purchasing a battery. The battery cost $36,has a useful life of 3 years and will cost $100 per year to keep changed.

2. Your grandfather upon your birth invested $1000 into an account for you. The account has earned an annual rate of 10% a year. On your 21st birthday you could withdraw the accumulated amount. How much can you withdraw?

3. What is the yield to maturity for a bond that pays $45 coupon payments once per year and matures in 10 years and is currently priced at 872.24?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92813454

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