1) Given the expected market return of= 12.0%, a beta of= 0.75 for Benson Industries, and risk-free rate of= 4.0%, determine the expected return for Benson Industries?
a) 9.0%
b) 10.0%
c) 4.0%
d) 13.0%
2) Jolly Roger Kite Company has the payment cycle of 17 days, collection cycle of 31 days, and production cycle of 12 days. Determine the average cash conversion cycle for Jolly Roger Company?
a) 60 days
b) 2 days
c) 36 days
d) 26 days
Determine the present value today of the ordinary annuity cash flow of= $3,000 per year for forty years at the interest rate of 6.0% per year if first cash flow is 6 years from today?
a) $120,000.00
b) $33,730.40
c) $1,327,777.67
d) $45,138.89