7. (7 points) a building was constructed on land purchased last year at a cost of $150,000. construction began on january 1 and was completed on december 31. the payments to the contractor were as follows. date payment 1/1 $120,000 4/1 320,000 8/1 460,000 10/1 100,000 to finance construction of the building, a $400,000, 12% construction loan was taken out on january 1. the loan was repaid on december 31. the firm had $200,000 of other outstanding debt during the year at a borrowing rate of 8%. determine the amount of interest to be capitalized.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?