The current spot interest rate curve is as follows: Years to Maturity12345 Spot Rate4.00%4.50%5.00%6.00%7.00% Tanner borrows 100,000 from a bank. The loan has a variable interest rate that resets at the beginning of each year. The interest rate will be the spot rate at the beginning of each year. Tanner will repay the loan by making 5 annual level principal payments of 20,000. Because he is concerned about high interest rates in the future, Tanner enters into a 5-year interest rate swap with Emily. The notional amount on the swap matches the outstanding balance on the loan. Calculate the swap rate Tanner pays.

Robin hood has hired you as his new strategic consultant to him successfully transform his social change enterprise. robin has told you that he counting on your strategic management knowledge to him and his merrymen achieve their goals. discuss in detail what you think should be robin’s two primary strategic goals and continue by also explaining your analytical reasons that support your recommendations.

After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of

You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?