This preview shows pages 1–2. Sign up to view the full content.
Corporate Finance (Fin 2200)
Name________________
ID Number (last 5 digits)___________
Assignment 2: Due May 23 2007 at the beginning of class
Do your work on separate pages and keep them for your personal reference.
Only final answers will be
marked, but the key will include more detailed explanations.
On exams you should be prepared to show all work
(time lines, formulas, and numbers in formulas — you are
not
to indicate which buttons you pushed on your
calculator). In the questions below “your ID” refers to the 5 digits you write on the upper right hand corner of this
page. For example, suppose your student number is 6812345, then “your ID” is 12345; the “first 2 digits of your
ID” is 12; and the “last 2 digits of your ID” is 45.
Answer in the spaces provided.
Do not round
any intermediate calculations.
All final dollar answers
must
be rounded to two decimal places
(e.g., $125.89).
Other final answers
must
be rounded to 4 decimal places (e.g., 0.1234 or 12.34%).
Unless otherwise indicated, assume that the effective interest rate per year is
(12+(1/100) times the last two digits of your ID )% in all questions. For example, if your ID is 12345, then
use 12.45% as the effective interest rate per year, unless otherwise indicated.
1)
This preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
This is the end of the preview. Sign up
to
access the rest of the document.
 Three '09
 JAMES

Click to edit the document details