2. An 8 percent semiannual coupon bond is priced at $1,204.60. The bond has a $1,000 face value and a yield to maturity of 4.88 percent. How many years will it be until this bond matures?…
Resource: Chapter 20, Mayo, H. B. (2012). Basic finance: An introduction to financial institutions, investments, and management (9th ed.). Mason, OH: Thomson.…
The financial manager of every business is faced with many tough decisions in today’s economy. These decisions involve making choices that will affect the financial welfare of their company and shareholders. Many managers find market prices to be most useful as a means of measuring the value of the options they may be considering for investing or choosing projects and how to pay for them in a competitive market.…
may be found in the materials listed on the course page for the University of Phoenix student Web site…
Wei-Ling Song Associate Professor of Finance OFFICE HOURS: OFFICE: PHONE: FAX: e-MAIL: Teaching Assistants: Hui Wang Office: BEC 2627 e-mail: hwang31@tigers.lsu.edu Office hours: W 10:00 am to noon Office: BEC 2600R e-mail: yyang44@tigers.lsu.edu Office hours: T/TH 3:20 to 4:20 pm M 2:00 – 4:00 pm, or by appointment; additional office hours will be announced during exam weeks. 2921 Business Education Complex 225-578-6258 225-578-6366 wsong@lsu.edu…
(Note: You can use tables or a financial calculator. If you use a calculator, please provide the inputs you used to solve the problems.) (5 points each = total 20 points)…
Primary market is a part of the financial market where new security issues are initially bought and sold.…
Collins Office Supplies is considering a more liberal credit policy to increase sales, but expects that 9 percent of the new accounts will be uncollectible. Collection costs are 5 percent of new sales; production and selling costs are 78 percent; and accounts receivable turnover is five times. Assume income taxes of 30 percent and an increase in sales of $80,000. No other asset buildup will be required to service the new accounts.…
HP has been noted to be one of the chief corporations in the area of computer technologies. Ethisphere Institute naming HP as one of the 2009 World’s Most Ethical Companies (HP Global Citizenship: Ethics and compliance, n.d.) was one of the companies latest accomplishments. HP had to make numerous in-house changes in order to acquire an ethical award brought about by ethical mishaps. Noted in Markkula Center (2007), HP unethical corporate conduct landed a payout of 14.5 million dollars as component of a California lawsuit agreement. Part of the resolution prompt HP to rework the ethics and compliance division, develop reporting and partnership efforts, and to make available neutral case management staff (p. 7).…
FIN300 Spring 2013 Midterm #1 Study Guide General instructions: 1. This is NOT a comprehensive list of topics that may be covered on your exam. All the lecture material and everything from chapters 1-9 in your textbook (with noted exceptions) is fair game. However, it is probably a good idea to emphasize these topics when you study for the test. 2. Understanding the concepts is a prerequisite for succeeding in this course. 3. You should practice solving problems until you feel comfortable you can solve all of them correctly in a reasonable amount of time without referring to your lecture notes or textbook. The pool of practice problems includes practice problem sets posted on Compass, old exams, in-class problems, lecture examples and end of chapter problems from your textbook. 4. I will give you a formula sheet on the exam (see old midterms), but you still need to know where things come from and how to use them 5. The list of topics below is intended to give you a summary of the material we have covered. Ideally it will help you organize your time when preparing for the exam. 6. Do not assume that the exams will be identical in each section – it may turn out to be a costly mistake. 7. You may not take the midterm with a different instructor. 8. Please, don’t forget to bring approved calculators, pencils/pens, and erasers to the exam. You may want to bring a small ruler as well. 10. Exams will start and end on time (no extra 5 minutes for latecomers).…
B. Suppose you have two bank accounts, one called Account A and another Account B. Account A will be worth $6,500.00 in one year. Account B will be worth $12,600.00 in two years. Both accounts earn 6% interest. What is the present value of each of these accounts?…
From your knowledge of current events, discuss what you view as the most important economic policy of today. State your rationale for choosing this economic policy.…
Introduction to Financial Analysis for Corporations, 3’rd Edition (dark grey cover), by George W. Blazenko. A hard-copy can be purchased from the SFU bookstore. An electronic version of this manuscript is available free of charge from the course website. Documents…
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.…
This course provides a systematic treatment of the fundamentals of the theory and practice of Finance. The course will consist of lectures, case studies, and reviews of homework. It is designed to provide students with a broad, systematic view of finance in the corporate context. By the end of the class, successful students will be able to analyze firm performance, value financial assets, determine the cost of capital, evaluate capital structure and dividend policies, and know the basics of raising capital in order to make informed investment and financing decisions. Topic areas will include financial performance measurement, valuation, capital budgeting, capital market theory, basics of investments, cost of capital, raising capital, and capital structure and dividends.…