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What problems may be indicated by an average collection period that is substantially above or below the industry average?
Given a five-year, 8% coupon bond with a face value of $1,000 and coupon payments made annually, determine its values given it is trading at the following yields: 8%, 6%, and 10%.
Prepare an amortization table for the first six months of the traditional 30-year mortgage. How much of the first payment goes toward principal?
Felix Jones, a recent engineering graduate, expects a starting salary of $ 65,000 per year. His future employer has averaged 5% per year in salary increases for the last several years.
A pulpwood-forming machine was purchased and installed 8 years ago for $45000. The declared salvage value was $5000, with a useful life of 10 years.
A payment of $10 at time 1 and a payment of $20 at time 4 is equivalent to a payment of $30 at time t assuming a constant force of interest delta = .05.
Assume that the force of interest is constant. The present value of a payment of 60 at the end of 10 years and 40 at the end of 20 years is equal to 40.
You deposit 5,000 into a retirement fund at the end of each year for the next 20 years at 5% effective annual interest rate.
John agrees to invest in a savings plan that requires deposits of $1000 at the start of each year for 6 years. According to the terms of the savings plan, the force of interest at time t is 0.03 + 0
How large should the endowment of a college be in order to guarantee the availability of funds for $1,000,000 per year? Assume that the endowment can be invested at an annual rate of 4.5%?
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $69,000 to invest.What annual rate of interest must you earn on your inve
An entrepreneur has to decide between two possible investment projects. Both projects cost $80.000 upfront. The short term project pays $35.000 for the next three years.
Your coin collection contains 40 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2050, ass
Imprudential, Inc. has an unfunded pension liability of $565 million that must be paid in 15 years. To assess the value of the firm's stock, financial analysts want to discount this liability back t
In 1895, the first Putting Green Championship was held. The winner's prize money was $310. In 2010, the winner's check was $1,290,000.
Analysis of past monthly movements in IBM's stock price produces the following estimates: ? = 2. 5% and ? = 1. 6. If the market index subsequently rises by 12% in one month and IBM's stock price inc
Demonstrate the differences resulting from a $1000 tax credit versus a $1000 tax deduction for a single taxpayer in the 25% tax bracket with $40,000 of pre-tax income.
Mary Watson is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned $45,000 as a sales assistant for Focused Business Analytics: $3,910 of her wages was withhe
Wal-Mart's Board discussed proposals to meet (some of) these challenges at a board retreat in 2005. Discuss these initiatives as outlined in the "Supplemental Benefits Documentation:
Hal was awarded a $15,000 scholarship to attend State Hotel School. All scholarship students must work 20 hours per week at the School residency during the term.
You can have 55,000 per year for the next two years, payable at the end of each year; or you can have 40,000 per year for the next two years, payable at the end of each year, along with a signing bo
Elmer was an extremely diligent employee this year and his employer gave him three additional days off with pay (Elmer's gross pay for the three days totaled $1,200, but his net pay was only $948).
What was the firm's cash flow to creditors during 2010? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollar
Hammett, Inc., has sales of $19,610, costs of $9,420, depreciation expense of $2,090, and interest expense of $1,580. Assume the tax rate is 30 percent.