1. Compute the financial ratios for Global Manufacturing's industry. Using Global's ratios from problem 12, graph the firm's and industry ratios as we have done in this chapter. Analyze Global's performance in comparison to its industry.
2. May Industries zero coupon bonds (meaning they pay $0 in coupon payments) are priced at $260.50. These bonds have a maturity date of 18 years, but are callable in 10 years at a call price of $500.00. Using semiannual compounding, what is the yield to call (YTC)?