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Unformatted text preview: Chapter 18 Capital Budgeting and Valuation with Leverage Solutions to Chapter 18 Data Case Numerical solutions to this case are available in Excel spreadsheet form, available on the Instructors Resource Center: http://www.aw-bc.com, with the files for the Solutions Manual, and on the Instructors Resource Disk. The model solutions provided in the Excel spreadsheet and below use a stock price, risk-free rate, bond yield, and number of shares outstanding as of December 12, 2006. Financial statements amounts are for Toyotas fiscal year ended March 31, 2006. The spreadsheet solution contains two worksheets. The Solutions worksheet contains the numerical solutions to the case. The Statements worksheet contains the balance sheet and income statements for Toyota for the most recent four years downloaded from Nasdaq.com. The solutions will update if new inputs are used, such as a new stock price and updated yields. Additionally, if you paste new financial statements over the existing statements the solutions should updated yields....
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