Project 4: Workbook NcCK

Great job, you did very well on these problems. I consider this a milestone submission for steps 1,2, and 4, so it won’t be graded.  Your submission of step 5 will be graded. The Report to Management that you submitted here is for Project 3, please submit it there. The following are the areas that need improvement before the final submission:

FINANCING AND INVESTING

· All are correct .

VALUATION OF PERFORMANCE

· Question 3: Incorrect calculations

· Formula is Cost of Capital = Risk-free rate + (Beta(Market rate – Risk-free rate)). Use the Risk-free rate given in the problem, not the one you calculated.

ANNUITIES

· All is correct.