Purple Turtle Group buys on terms of 1.5/10, net 60 from its chief supplier.
If Purple Turtle receives an invoice for $1,889.99, what would be the true price of this invoice?

a) $1,954.72 b) $1,861.64 c) $2,327.05 d) $1,303.15

The nominal annual cost of the trade credit extended by the supplier is:

a) 13.10% b) 13.76% c) 11.10% d) 11.54%

The effective annual rate of interest on trade credit is .
Suppose Purple Turtle does not take advantage of the discount and then chooses to pay its supplier late, so that on average, Purple Turtle will pay its supplier on the 65th day after the sale.
As a result, Purple Turtle can decrease its nominal cost of trade credit by % by paying late.

Why might complaints of age discrimination grow when the economy is slow? companies work very hard to retain their best talent in a recession. older employees provide a large pool of talented workers. companies may try to lower their labor costs by laying off higher paid workers. companies may try to provide more opportunities to younger workers. older workers are least affected by a slow economy?

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?