Homework Answers
Price of the preferred stock =Annual dividend/rate of return
Price of the preferred stock =(1.5*4)/7.5%
Price of the preferred stock =80
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96 OTn9 (0 aluel quesion Wll save this response Question 41 The preferred stock of your...
1. What is the yield to maturity of a bond that pays 12% coupon rate with...
1. What is the yield to maturity of a bond that pays 12% coupon rate with semi-annual coupon payments, has a par value of $1,000, matures in 9 years, and is currently selling for $897? a) 14.05% b) 11.90% c) 7.03% d) 12.97% 2. a company just paid a dividend of $1.25, and those dividends are expected to grow at a constant rate of 5% forever. If the required return of the investors is 11%, what is the stock price...
* tA 17 LU Window ques0T Wll save this response uestion 62 Question 62 of 12...
* tA 17 LU Window ques0T Wll save this response uestion 62 Question 62 of 12 points Bubba is a shrimp isherman who could eam $5,000 as a fishing tour guide Instead, he is a lull-time shrimp fsherman In calculating the economic prolt of his shimp business, the 55000 that Bubba gave up is Save Aasw counted as part of the shrimp business's total revenue marginal revenue implicit costs O explicit costs. Moving to another question will save this response...
Question Completion Status: Moving to another question will save this response. Question 13 of 5 Question...
Question Completion Status: Moving to another question will save this response. Question 13 of 5 Question 13 1 points Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? A firm's WACC will decrease as their corporate tax rate decreases The weight of the debt can be based on the face value of the bond issue(s) outstanding multiplied by the quoted price(s) when expressed as a Ob.%age of the face value o. The pre-tax...
Question 30 10 points Save Answer Raymond Mining Corporation has 8.7 million shares of common stock...
Question 30 10 points Save Answer Raymond Mining Corporation has 8.7 million shares of common stock outstanding, 310.000 shares of 6% $100 par value preferred stock outstanding, and 147.000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $35 per share and has a beta of 1.35, the preferred stock currently sells for $91 per share, and the bonds have 20 years to maturity and sell for 116% of par. The market risk premium is...
tax is 38% and YTM before taces is 5.880% Remaining Time: 1 hour, 41 minutes, 23...
tax
is 38% and YTM before taces is 5.880%
Remaining Time: 1 hour, 41 minutes, 23 seconds Question Completion Status: A Moving to another question will save this response Question 44 of 55 Question 44 10 points Save Answer Raymond Mining Corporation has 10.1 million shares of common stock outstanding, 450,000 shares of 5% 5100 par valse preferred to outstanding, and 175,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $19 per share and...
Question 14 4 pts You have compiled the following information on your investments. What rate of...
Question 14 4 pts You have compiled the following information on your investments. What rate of return should you expect to earn on this portfolio? Stock # of Shares price per share 150 23 400 37 expected return 12.8% 3.6% 9.8% 24.5% 200 42 350 O 10.27 percent 10.01 percent o 9.54 percent O 9.83 percent Question 18 4 pts Kim's Bridal Shoppe has 15,000 shares of common stock outstanding at a price of $11 a share. It also has...
Question 36 (Mandatory) (0.5 points) At your full-service brokerage firm, it costs $120 per stock trade....
Question 36 (Mandatory) (0.5 points) At your full-service brokerage firm, it costs $120 per stock trade. How much money do you receive after selling 200 shares of Ralph Lauren (RL), which trades at $85.13? $16,906.00 $16,546.00 $17,026.00 $17,146.00 Question 37 (Mandatory) (0.5 points) You would like to sell 400 shares of International Business Machines (IBM). The current bid and ask quotes are $96.24 and $96.17, respectively. You place a limit sell-order at $96.20. If the trade executes, how much money...
guante question will save this response. Question : Question 1 16 points s Match each of...
guante question will save this response. Question : Question 1 16 points s Match each of the following stockholders' equity concepts to the most appropriate term (a-h). The account used to record the difference when issue price exceeds a. authorized shares par value of stock 3 b , issued shares The dollar amount assigned to each share of stock outstanding shares The number of shares currently held by stockholders d . par value • A class of stock having first...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
1. What is the yield to maturity of a bond that pays 12% coupon rate with semi-annual coupon payments, has a par value of $1,000, matures in 9 years, and is currently selling for $897? a) 14.05% b) 11.90% c) 7.03% d) 12.97% 2. a company just paid a dividend of $1.25, and those dividends are expected to grow at a constant rate of 5% forever. If the required return of the investors is 11%, what is the stock price...
* tA 17 LU Window ques0T Wll save this response uestion 62 Question 62 of 12 points Bubba is a shrimp isherman who could eam $5,000 as a fishing tour guide Instead, he is a lull-time shrimp fsherman In calculating the economic prolt of his shimp business, the 55000 that Bubba gave up is Save Aasw counted as part of the shrimp business's total revenue marginal revenue implicit costs O explicit costs. Moving to another question will save this response...
Question Completion Status: Moving to another question will save this response. Question 13 of 5 Question 13 1 points Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? A firm's WACC will decrease as their corporate tax rate decreases The weight of the debt can be based on the face value of the bond issue(s) outstanding multiplied by the quoted price(s) when expressed as a Ob.%age of the face value o. The pre-tax...
Question 30 10 points Save Answer Raymond Mining Corporation has 8.7 million shares of common stock outstanding, 310.000 shares of 6% $100 par value preferred stock outstanding, and 147.000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $35 per share and has a beta of 1.35, the preferred stock currently sells for $91 per share, and the bonds have 20 years to maturity and sell for 116% of par. The market risk premium is...
tax
is 38% and YTM before taces is 5.880%
Remaining Time: 1 hour, 41 minutes, 23 seconds Question Completion Status: A Moving to another question will save this response Question 44 of 55 Question 44 10 points Save Answer Raymond Mining Corporation has 10.1 million shares of common stock outstanding, 450,000 shares of 5% 5100 par valse preferred to outstanding, and 175,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $19 per share and...
Question 14 4 pts You have compiled the following information on your investments. What rate of return should you expect to earn on this portfolio? Stock # of Shares price per share 150 23 400 37 expected return 12.8% 3.6% 9.8% 24.5% 200 42 350 O 10.27 percent 10.01 percent o 9.54 percent O 9.83 percent Question 18 4 pts Kim's Bridal Shoppe has 15,000 shares of common stock outstanding at a price of $11 a share. It also has...
Question 36 (Mandatory) (0.5 points) At your full-service brokerage firm, it costs $120 per stock trade. How much money do you receive after selling 200 shares of Ralph Lauren (RL), which trades at $85.13? $16,906.00 $16,546.00 $17,026.00 $17,146.00 Question 37 (Mandatory) (0.5 points) You would like to sell 400 shares of International Business Machines (IBM). The current bid and ask quotes are $96.24 and $96.17, respectively. You place a limit sell-order at $96.20. If the trade executes, how much money...
guante question will save this response. Question : Question 1 16 points s Match each of the following stockholders' equity concepts to the most appropriate term (a-h). The account used to record the difference when issue price exceeds a. authorized shares par value of stock 3 b , issued shares The dollar amount assigned to each share of stock outstanding shares The number of shares currently held by stockholders d . par value • A class of stock having first...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
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