1. Discuss the benefits to BMW North America of owning BMW Bank.
2. Using Principles of Maagerial Finance 14th Edition, Integrative Case 2, C. Use the financial data presented to determine Track's operating cash flow (OFC) and free cash flow (FCF) in 2015. Evaluate your findings in light of Track's current cash flow difficulties.
3. A ten-year bond with a face value of $5,000 pays a dividend of $250 every six months. Calculate the bond interest rate. If the bond is purchased for $3,994.25 at the end of year one, what is the effective annual interest rate? What is the nominal annual interest rate?