Helen recently received a credit card with a nominal interest rate of 20 percent.  With the card, she purchased some new clothes for $400.  The minimum payment on the card is only $15 per month.  If Helen makes the minimum monthly payment and makes no other charges, how long will it be before she pays off the card?

Moerdyk Company’s stock has a beta of 1.40, the risk-free rate is 4.25%, and the market risk premium is 5.50%. What is the firm’s required rate of return?

The Wei Company’s last dividend was $1.75. The dividend growth rate is expected to be constant at 1.50% for 2 years, after which dividends are expected to grow at a rate of 8.00% forever. Wei’s required return (rs) is 12.00%. What is Wei’s current stock price?

Suppose you invest $3,900 today in an account that earns a nominal annual rate (inom) of 16 percent, with interest compounded quarterly.  How much money will you have after 10 years?

Suppose you invest $4,200 today in an account that earns a nominal annual rate (inom) of 12 percent, with interest compounded monthly.  How much money will you have after 10 years?

If you could change one thing in the ENG3C course, what would you change?

Match each quote to the literary device and description of its function.

Most advertisements are targeted (designed to appeal to a specific group of people).

How does Ralph feel in chapter seven when he is staring out into the ocean?

Why should you not include information about your appearance in most job applications.