1. If you were CEO, is there anything else that you might want to explore before making your final decision? Like risk analysis,IRR decomposition, etc.
2. Consider for a moment that a university is an enterprise. Give three possible lines of busines for this enterprise.
3. Seether Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 11.0 percent coupon bonds on the market that sell for $971.56, make semiannual payments, and mature in 15 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?