FIN 571 Week 6 Assignment
smartwork
11.20 - the NPV is wrong - the answer to accept it is correct -i have one more chance to answer correctly12.24 - Both of the answers were wrong
-i have two more chances to answer correctly.
I also have these three additional problems that I'll pay an additional $20.00 for if you're interested. let me knowthanks for all the hard work, thus far.
Problem 6.27
You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into their systems and is offering to pay you $517,000 today, plus $517,000 at the end of each of the following six years for permission to do this. If the appropriate interest rate is 7 percent, what is the present value of the cash flow stream that the company is offering you? (Round answer to the nearest whole dollar, e.g. 5,275.)
| $ |
Problem 8.24
Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $952.25. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,014.87, what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
Effective annual yield |
| % |
Problem 9.15
The First Bank of Ellicott City has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.65 on this stock. What is the current price of this preferred stock given a required rate of return of 13.0 percent? (Round answer to 2 decimal places, e.g. 15.25.)
Current price | $ |
- 9 years ago
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- fin_571_week_6_assignment.xlsx