1. A fifteen-year bond with a 10% coupon is selling for $856.78. Calculate the YTM on the bond.
A. 7.04%
B. 8.15%
C. 4.27%
D. 8.53%
2. Which one of the following is NOT included in CBCF?
A. Depreciation
B. operating cost
C. Revenue
D. Interest Expense
3. You have revenue of $100,000 and cash operating cost of $40,000. Depreciation is $20,000 and interest expense is $10,000. The tax rate is 30%. ACF is:
A. $48,000.
B. $41,000.
C. $35,000.
D. $21,000.