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Griff's property tax is $670.64 and is due April 10. He does not pay until June 21. The county adds a penalty of 7.5% simple interest on unpaid tax. Find the penalty Griff will pay. (Assume there are 365 days in a year.)
Basic Finance, Finance
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Jones Inc currently pays no dividends, choosing instead to re-invest all earnings in the firm. However, the firm anticipates that beginning in year 7, they will run out of profitable investments and begin paying a divide ...
Fake Company Lambda just paid a large dividend to common shareholders of $1.24. Company executives also announced a plan to keep the dividend growing at 3.5% for the foreseeable future. If your required return on equity ...
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