Looking to form a study group with a few people in and around Zurich.
Main idea would be to study together, motivate one another and to have fun while we’re going for it.
For a linear demand curve, at the price where elasticity is -2.0, reducing prices will:
increase total revenue and we are not at the point of maximum total revenue.
decrease total revenue and we are not at the point of maximum total revenue.
increase total revenue and we are at the point of maximum total revenue.
You are interested in determining how long it will take an investment of
€10,000,000 to double in value. The current interest rate is 7 percent compounded
annually. How many years will it take €10,000,000 to double to €20,000,000?
So I basicly do:
PV = 10.000.000 // FV = 20.000.000 CHS // r = 7 // and ask my HP12C for N than I get 11
But the answer in the book is 10,24, what is happening? The result looks right to me, how its not 11 in the book?
ps: is the question example 19 in TVM, page 343, can somebody help, please?
Hi,guys. can anyone help me with the following question:
In 2015, a company undertook the following two transactions :
(1) Borrowed money from an insurance company and pledged some of its production facilities as collateral for the loan.
(2) Entered into an agreement with a local construction company to build a new research facility at a fixed price. Construction is to begin by 1 January 2016 and be completed by 31 December 2018.
So, I just recently started studying for L1.
When I was going through ethics I had no trouble with the end of chapter practice questions.
When I got to time value of money I had a really hard time memorizing the formulas and ended up getting a 55% on the end of chapter questions.
If the price elasticity of demand is –1.5 and a change in the price of the product increases the quantity demanded by 4%, then what is the percent change in price?
Study plan for June exam, considering someone starts studying from November.
Hi,guy, just wanna make sure which one of the following is correct: （1）beginning retained earnings+ NI-Dividend paid=End retained earnings (2）beginning retained earnings+ NI+contributed captial-Dividend paid=End retained earnings Is it one of them correct or both？ Please help and thanks in advance.
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.