Name Kejxj Section: 12:30 2
FIN 312
Spring 2012
Test Two
-You have the regular class period (one hour and 15 minutes) in which to complete this test (including ﬁlling in the
multiple choice blanks.) Cheating will not be tolerated. You are responsible for

Lease and
Intermediate-Term
Financing
Chapter 19
Overview
Leasing is a means of obtaining economic
use of an asset for a specific period of time
without obtaining an ownership interest in
the asset
The property owner (lessor) agrees to allow
the property

The difference between my estimated betas for Yahoo, 3M Company, and Dominion
Resources and Zacks estimates can be attributed to the usage of a smaller sample size. I am
only estimating the betas of these three companies using three years of stock market

Hayden Roche
Honors Excel Project 1
Dr. Morgan
Due: 2/10/15
1) Highlighted in green on Excel spreadsheet
2) MCCs are shown in the box on sheet one and see sheet two for the XY scatter plot.
3) The companys optimal budget would be to accept projects A-F. T

Project 1
5
4
6
15
30
2
3
4
Budget
Sum
If we want our budget to be 30 million what can we spend on project 4
If statement
if(condition,TRUE,FALSE)
if(grade>=70,"pass","fail")
78 pass
45 fail
95 pass
155,000
75,000
2,225,000
155,000
75,000
2,225,000
0.25 =

Hayden Roche
FIN H3120
Excel Project 2 Written
4/7/15
a) Yes, We Lease It should write the lease in the first scenario, but not in the second.
When the WACC is 11% the NAL is positive, $14,390.58, so they would write the
lease. When the WACC changes to 15

Hayden Roche
FIN H3120
Honors Excel Project 2
Due: 4/9/15
1. The net advantage to leasing is actually negative in this scenario. With a salvage
value of $0, the NAL = -$8,102.78.
2. FedEx Kinkos should accept the term loan alternative. Without a salvage v

Hayden Roche
FIN H3120
Honors Excel Project 3
Due: 4/23/15
1. Using your spreadsheet in part 1, answer the following questions:
a. When volatility (sigma) increases, the call option price goes up.
b. When risk-free interest rate (r) increases, the call op

Variable
Stock Price
Exercise Price
Interest Rate
Time to Expiration
Standard Deviation
You should get:
Value of Call Option
Symbol
S
X
r
T
C
Value
Value for ln
$100.00 1.0526315789
$95.00
10.00%
0.25
50.00%
$13.70
d1:
d2:
0.43017318
0.18017318
The last d

‘2
Name 12:30 2:00
FIN 312
Spring 2011
Test Three
You have the regular class period (one hour and ﬁlteen minutes) in which to complete this test (including
ﬁlling in the blanks). Additional time will not be provided. Cheating will not be tolerated. You ar

Name KCj section: 12:30 2:00
FIN 312
Spring 2012
Test One
You have the regular class period (one hour and 15 minutes) in which to complete this test. Additional time will not
be provided. Cheating will not be tolerated. You are responsible for any addit