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The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?
What will the value of each bond be if the going interest rate is 5%, 8%, and 12%? Assume that only one more interest payment is to be made on Bond S at its maturity ant that 15 more payments are to
Explain the main goal a financial manager is trying to achieve and the types of decision financial manager makes.
If the standard deviation of returns of the market is 0.1 and the beta of a well-diversified portfolio is 1.5, calculate the standard deviation of the portfolio.
If the beta of Microsoft is 1.11, risk-free rate is 3% and the market risk premium is 8%, calculate the expected return for Microsoft.
Van Dyke Corporation has a corporate tax rate equal to 36%. The company recently purchased preferred stock in another company. The preferred stock has an 8% before-tax yield. What is Van Dyke's afte
Suppose the December CBOT Treasury bond futures contract has a quoted price of 80-07. What is the implied annual interest rate inherent in the futures contract?
A stock has a beta of 1.55, the expected return on the market is 12 percent, and the risk-free rate is 4.8 percent. What must the expected return on this stock be?
After all, any shareholder who wanted to maintain proportionate ownership might simply buy shares in the open market. Would a prohibition of the company selling new shares to its own management acc
predict the effect of the bumper crop on the price of corn. Assume that the entire crop is sold this year, meaning that the price of supply is zero. Illustrate with complete graph.
Calculate point price elasticity of demand when Q=1600. Is the demand elastic or inelastic at this quantity? How do you know?
How is the marketing of services different than the marketing of a product?
The new bonds would be issued when the old bonds are called. Should the bonds be refunded? Calculate the NPV of refunding.
which is about the national average. A kilowatt-hour is 1,000 watts for 1 hour. If you require a 10 percent return and use a light fixture 500 hours per year, what is the equivalent annual cost of e
Identify 3 characteristics that describe an ethical analyst, and explani why they are important to invest.
Besides investment banking relationship , list at least three other sources of potential conflicts that can compromise an analyst's independence.
Using MACRS 3 Year Class, what are the after-tax Depreciation Tax Shields in the Purchase Decision? (Please Note that you can apply the MACRS 3 Year Class to an asset that has a useful life of 4 yea
Comparing Investment Criteria. The treasurer of Amaro Canned Fruits, Inc. has projected the cash flows of projects A, B, C as follow.
Compute the NPV and IRR for the above two projects, assuming a 14% requited rate of return.
The bonds mature on 3/24/2023 and the yield to maturity (rd) on the bonds is currently 9 percent. Based on this information, what is the total market value of this firm's debt in dollars?
Our firm is issuing 95 million in straight bonds at par with a coupon rat eof 5.5% and paying atotal fees of 2.5%. What is the net amount of funds that the debt will provide for your firm? The issui
Studies have shown that employee-training expenses will be $ 125,000. What will be the annual depreciation expenses of the processing line for capital budgeting purposes?
Pelamed Pharmaceuticals has EBIT of $300 million in 2006. In addition, Pelamed has interest expenses of $90 million and a corporate tax rate of 35%.
Today, at maturity, the exchange rate is 1.324 Swiss Francs per dollar. What was the annualized rate of return to the Swiss investor?