1. Consider the following cash flows ( CF’s):
(i) A single cash flow at t = 13 of $2000 and
(ii) A single cash flow at t = 6 of $1000.
Calculate the present value of these cashflow’s at time t = 0 if the rate of interest is 3.7-percent compounded each period.
2. To sustain corporate innovation, describe what kind of managerial mindset is needed.
3. A firm has a profit margin of 7.5% and an equity multiplier of 1.7. Its sales are $400 million, and it has total assets of $240 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.