1. Assume that a corporation has 100,000$ of taxable income from operations plus 5,000$ of interest income and 10,000$ of dividend income. What is the company’s federal tax liability?
2. Lincoln national just paid out dividend of 2.48 and dividends are expected to grow 5% each year. if the required rate if return is 12%, what's the intrinsic value of the company's stock?
3. BIM has 100000 invested in a 2-stock porfolio. 25000 is invested in stock A which has a beta of 1.70, and the remaining 75000 is invested in stock B, which has a beta of 1.26. what's the portfolio's beta?