Par Value
Annual Dividend
Annual Dollar Dividend
Quarterly Dollar Dividend
$80
11%
$8.80
$2.20
When preferred stock becomes noncumulative, the board has to pay the most recent quarter dividends.
Dividend in this case would be paid at
$2.20
When preferred
A.
Answer:
b is the predicted value of Y when X equals O.
B.
Answer:
The predicted change of the value of Y for a unit increase in X.
C.
Answer:
Y=13
Tear
0.00
0.00
0.45
0.85
0.35
0.30
0.70
1.90
0.25
0.10
0.15
3.90
0.00
0.55
0.00
0.05
0.40
4.30
0.00
Visco
Future Value Calculation
FV = C x (1+R)^n
C = cash flow at period
r = rate of return
n = number of periods
Key is to get everything equivalent. Periods the same as well as interest rate.
Case
A
B
C
D
Interest Rate
12%
6%
9%
3%
Periods
2
3
2
4
$
$
$
$
FV
1
Stenbeck Company
Flexible Budget Performance Report
For the year ended July 31, 2014
Units
Sales Revenue
Variable Expenses
Contribution Margin
Fixed Expenses
Operating Income
Red is favorable
Green is unfavorable
explanation
Flexible
Sales
Actual
Budget F
Abel Car Inspection
Mixed Cost Variables for inspection
Variable cost is calculated per inspection
4000-3600/1000-600=400/400=$1 variable cost per inspection
Total Fixed Costs for 1000 inspections= $3,000
Total Fixed Costs for 600 inspections= $3,000
Form
Part 1
Hobby Cardz
Incremental Analysis of Special Order
Expected increase in revenues
Expected increase in expenses
$23,370
Variable manufacturing cost:
57,000 packs * $0.31
Expectec INCREASE in operating
income
Part 2
-17,670
$5,700
Order would be accep
Problem E18-14
A.
B.
C.
D.
E.
F.
G.
Financial
Stockholders & Creditors
Controlling
Managers
Financial
Managerial
Planning
good
Problem 18-22
Knight Corporation
Statement of Cost Good Manufactured
Beginning Raw Materials Inventory
Raw Materials Purchased
R
The payback period would be the time taken to recover the initial investment. The cash flows are as follows:
Year
Cash Flow
Cumulative CF
0
1
2
3
4
5
6
7
-$1,454,000
$300,000 $270,000 $260,000 $260,000 $260,000 $260,000 $260,000
-$1,454,000 -$1,154,000 -$
Mariner Designs Inc.
Comparative Income Statement
Years Ended December 31, 2014 and 2015
Net Sales Revenue
Expenses:
Cost of Goods Sold
Selling and Administrative Expenses
Other Expenses
Total Expenses
Net Income
2015
2014
$431,000 $372,350
200,000 187,55
Dubar Company
Sales Budget Past three (3) months ending June 30
April
Budgeted Packages to be sold
Sales Price each package
Total Sales
May
3000
$20
$60,000
June
3100
$20
$62,000
Total
3200
9300
$20
$20
$64,000 $186,000
Dubar Company
Production Budget Pas
Worksheet #9 Corporate Debt Instruments
1. What are the corporate bond classifications used by bond information services?
2. Answer the below questions.
a) What is the difference between refunding protection and call protection?
b) Which protection provid
Finance 499: Fixed Income Securities
Practice MIDTERM
NAME_
Student ID#_
Directions:
Do not begin this exam until told to do so.
READ THIS FIRST:
You must turn in this exam itself together with your answers in it.
I will post the exam and answers next w
FIN 499 Fall 2016
Practice Final Exam
Part I Multiple Choices (2 points each, 30 points in total)
1. An investor holds $100,000 (par value) worth of Treasury Inflation Protected Securities (TIPS) that
carry a 2.5% semiannual pay coupon. If the annual infl
FIN 499 Fall 2016
Midterm Formula Sheet
Time Value of Money
Future Value
Single CF
Present Value
FV
PV =
(1+r )n
FV =PV (1+ r) n
n
Multiple CFs
FV = Pt (1+ r)
Annuity
(1+r )n1
FV = A
r
n
PV =
nt
t=0
t=0
[
]
PV = A
[
Pt
(1+r )t
1
1
(1+r )n
r
]
Bond Pricing
FIN 499 Work Sheet #1
Introduction to Bonds
1. For a 10-year option-free bond with 5% coupon paid semiannually, if the investor wants to hold the bond
until maturity, what risks are present?
2. What is the relation between interest-rate risk and reinvestm
FIN 499 Fall 2016 Final Exam Formula Sheet
Treasury Securities
Treasury bill
Credit Analysis
Current ratio
Debt to
capitalization ratio
Coverage ratio
Municipal Bonds
Equivalent taxable
yield
Bank Discount Yield:
D
360
rBD = F t
Money Market Equivalent Yi
Homework #5 Cash Flows
Homework #5 Cash Flows
Cash Flow
Using a hurdle rate of 17%, which project provides the best return?
Use IRR and NPV functions Excel
1
2
3
4
5
IRR
NPV
Project A
Project B
Project C
-150,000.00
80,000.00
80,000.00
15,000.00
15,000.00
1
Principal
$
2
20,000.00
Principal
$
3
50,000.00
Principal
$
$
4
7,500.00
7,500.00
Principal
$
1,000.00
Principal
$
1,000.00
Principal
$
1,000.00
Option A -
5
Principal
$
6
Principal
$
7
5,200.00
Principal
$
8
8,000.00
10,000.00
Principal
Rate
Time - Yrs
UNIVERSIDAD SAN FRANCISCO DE QUITO
Victor Bucheli
Deber 1
1-16
a)
b)
c)
d)
e)
f)
g)
h)
Produccin
Produccin
Diseo de productos
Investigacin y desarrollo
MKT
Investigacin y desarrollo
MKT
Produccin
1-19
a)
b)
c)
d)
e)
Innovacin
Calidad
Tiempo
Tiempo
Costo
1
An Investment Analysis Case Study
This case is a group project that is due on March 30 before 10.30 am
Stating the obvious: Each group will turn in one report (sounds obvious, but might as
well make it explicit) electronically (as a pdf file). While you s
1. If Dozier uses the forward contract to hedge, what is Dozier's profit in US dollars?
Dozier will receive 1,057,500.
Assuming 3 months forward contract, they will receive:
1,057,500 * 1.4198 $/ = $1,501,438.50
They have received 117,500 today. Hence val
Report on Capital Asset Pricing Model
The capital asset pricing model (CAPM) is a model that describes the relationship between risk
and expected return and that is used in the pricing of risky securities. That is,
The CAPM says that the risk premium on s