Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

The number X of computers that a hardware store sells in a week obeys the Poisson distribution with 2 λ = . The profit on each computer is Rs. 2000.00. If at the time of opening the store 10 computers are in stock (with no replenishment during the daytime), the profit from the sale of the computers during the day is ( ) 2000 , 10 Y min X = . Find the probability distribution of Y

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91947062
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Basic Finance

How much money would you need to deposit today at 2600

How much money would you need to deposit today at 26.00% annual interest compounded monthly to have $48,866 in the account after 7 years? If you deposit $806 into an account paying 23.00% annual interest compounded quart ...

Question - laurie vaden is a nurse practitioner with her

Question - Laurie Vaden is a nurse practitioner with her own practice. She has developed contracts with several large employers to perform routine physical, fitness for duty exams, and initial screening of on-the-job inj ...

Company rapid growth is considering the following

Company Rapid Growth is considering the following project: Year 0 1 2 3 4 5 Cash Flows- $80500 $10000 $26000 $33800 $37200 $59100 What's the payback period of the project?

You are a new financial analyst for acme bank and funeral

You are a new financial analyst for Acme Bank and Funeral Directors (they decided to diversify). Anyway you are looking at the following for a company you are considering for a loan. Sales = $650,000, their operating pro ...

How can health systems developers ensure the protection of

How can Health systems developers ensure the protection of patient health information during the system development process

Question - a person wishes to buy a 150000 apartment the

Question - A person wishes to buy a $ 150,000 apartment. The down payment is 20 percent and the balance is to be financed at 9 percent p.a. over the next 30 years. What would be the monthly mortgage payment?

Jim manages a small factory that produces circuit boards

Jim manages a small factory that produces circuit boards. Jim operates from the belief that a good product creates demand. He focuses much of his energy on developing operational efficiencies and increasing output. The c ...

If the rate of inflation is 43 what nominal interest rate

If the rate of inflation is 4.3%?, what nominal interest rate is necessary for you to earn a 2.8 %real interest rate on your? investment? ?(Note: Be careful not to round any intermediate steps less than six decimal? plac ...

Lifehouse software has 10 percent coupon bonds on the

Lifehouse Software has 10 percent coupon bonds on the market with 7 years to maturity. The bonds make semiannual payments and currently sell for 104 percent of par. What is the current yield on Lifehouse's bonds? The YTM ...

Cardinal industries had the following operating results for

Cardinal Industries had the following operating results for 2018: Sales = $33,813; Cost of goods sold = $23,967; Depreciation expense = $5,947; Interest expense = $2,685; Dividends paid = $1,951. At the beginning of the ...

  • 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