You want to lease a set of golf clubs from pings ltd. the lease contract is in the form of 12 equal monthly payments at an apr of 8.6 percent compounded monthly. because the clubs cost $1,800 retail, pings wants the pv of the lease payments to equal $1,800. suppose that your first payment is due immediately. what will your monthly lease payments be? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?

Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.