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How to calculate the yield on a 3-mth US Treasury Bill, face-value \$100,000, with 67 days to maturity, currently trading at a market price of \$91,000. Assume a 360 day count applies.

Ima Hogg wants to determine the quantity of ingredients to use in making each pound of sausage at a minimum cost. The available ingredients and their relevant data are: Hog bellies cost \$.30, and...

On January 1, Pete Rowe bought a ski chalet for \$51,500. Pete is renting the chalet for \$56 per night. He estimates he can rent the chalet for 200 nights. Pete’s mortgage for principal and interest...

A manufacturing company is thinking of launching a new product. The company expects to sell \$950,000 of the new product in the first year and \$1,500,000 each year thereafter. Direct costs including...

A new lawnmower cost \$350, less 30%, 20%, and 10%, and sells to allow for overhead expenses of 30% of the selling price and a profit of 20% of the selling price. During a sale, the lawnmower is marked...

A) How much to repay over the life of the loan? B) How much to pay in interest over the course of the loan?

You are 60 year old, currently, you have \$10,000 invested in a lump-sum distribution of \$50,000 from a pension plan, which you roll over into an IRA, you continue to make \$2,000 annual payments to...