Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

Ten percent of the tools produced in a certain manufacturing process turn out to be defective.

Find the probability that in a sample of 10 tools chosen at random exactly 2 will be defective by using (a) the binomial distribution and (b) the Poisson approximation to the binomial distribution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91695958

Have any Question?


Related Questions in Basic Finance

Rick bought a 30-year bond when it was issued by macroflex

Rick bought a 30-year bond when it was issued by Macroflex Corporation 15 years ago. The bond has a $1,000 face value and a coupon rate equal to 7 percent and the coupon is paid every six months. If the yield on similar- ...

In terms of secondary data analysis what is behavioral

In terms of secondary data analysis, what is "behavioral targeting," and why has it become so important to marketers today? Why is it controversial?

Question the cement cost index changed from 630 to 654 from

Question: The cement cost index changed from 630 to 654 from the end of 2014 to the end of 2015. You could buy 100 pallets of cement for $200,000 at the end of 2014. How much money did you have to put into an account gai ...

The required return is 11 the dividend growth rate is 5 the

The required return is 11%, the dividend growth rate is 5%, the retention rate is 60%, and the payout rate is 40%. What is the justified, forward P/E ratio?

How to find efffective annual rate of interest the terms of

How to find efffective annual rate of interest. The terms of sale are 4/10, net 49.  How to find the required rate of return on equity. ABC Inc.'s stock is currently selling for $69.97 per share. The company just paid it ...

A new computer system will require an initial outlay of

A new computer system will require an initial outlay of $15,000, but it will increase the firm's cash flows by $3,000 a year for each of the next 6 years. a.  Calculate the NPV and decide if the system is worth installin ...

Fasb statement no 154 changed the requirements for

FASB Statement No. 154 changed the requirements for disclosures of accounting changes. Why could this be a concern to the analyst? a) The new disclosure rules cause the income statements to be inconsistent from year to y ...

The risk-free rate is 6 and the expected rate of return on

The risk-free rate is 6% and the expected rate of return on the market portfolio is 13%. a.  Calculate the required rate of return on a security with a beta of 1.15.  (Do not round intermediate calculations. Enter your a ...

A company recently had 26 million shares outstanding

A company recently had 26 million shares outstanding trading at $45/share. The company announces its intention to raise $290M by selling new shares. Studies show losses are 30%of the size of the new issue, so how large a ...

Grant technologies needs 300000 to pay its supplier grants

Grant Technologies needs $300,000 to pay its supplier. Grant's bank is offering a 210-day simple interest loan with a quoted interest rate of 11 percent and a 20 percent compensating balance requirement. Assuming there a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As