Prepare an amortization schedule for a three-year loan of $70,000. The interest rate is 8% per year, and the loan calls for equal annual payments. How much interest is paid in the third year? How much total interest is paid over the life of the loan?
|
Your company generated $3.0 million in revenue for 2014 and incurred $2.35 million in expenses. How much Federal tax due you owe? What is your average tax rate? What is your marginal tax rate?
|
One-year Treasury securities yield 5%. The market anticipates that 1 year from now, 1 year Treasury securities will yield 6%. If the pure expectations theory is correct, what is the yield today for 2-year Treasury securities? Calculate the yield usin..
|
A 6-percent corporate coupon bond is callable in 10 years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder, if the issuer calls the bond?
|
Suppose that a U.S. Treasury note maturing February 15, 2009 is purchased with a settlement date of February 7, 2007. The coupon rate is 4.5% and the maturity value of the position is $1,000,000. The next coupon date is February 15, 2007. What is the..
|
Pierce Furnishings generated $2 million in sales during 2012, and its year-end total assets were $1.3 million. Also, at year-end 2012, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,..
|
You need a 30-year, fixed-rate mortgage to buy a new home for $240,000. Your mortgage bank will lend you the money at a 7.5 percent APR for this 360-month loan, with interest compounded monthly. What will be the amount of the balloon payment if you a..
|
Maxwell Software, Inc., has the following mutually exclusive projects. Year Project A Project B 0 –$17,000 –$20,000 1 10,500 11,500 2 7,000 8,000 3 2,600 7,000 a-1. Calculate the payback period for each project. Payback period Project A years Projec..
|
Virus Stopper Inc., a supplier of computer safeguard systems, uses a cost of capital of 8 percent to evaluate average-risk projects, and it adds or subtracts 2 percentage points to evaluate projects of more or less risk. Currently, two mutually exclu..
|
Lamar Inc. is attempting to raise $5,000,000 in new equity with a rights offering. The subscription price will be $40 per share. The stock currently sells for $50 per share and there are 250,000 shares outstanding. How many rights are needed to buy a..
|
After the Enron scandal became public knowledge, various investigations were instigated in order to find out what occurred and why. Of the investigations that were carried out, which of the following was not one of them?
|
please answer the following four questions. important in order to receive full credit you need to answer the questions
|