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A firm with a 12 percent cost of capital is considering a project for this year’s capital budget.  The project’s expected after-tax cash flows are as follows: Year: 0 1 2 3 4 Cash flow: -$5,000 $2,400 $2,200 $2,400 $2,200 Calculate the project’s profitability index (PI).

Kiev Corporation’s outstanding bonds have a $1,000 par value, a 13 percent semiannual coupon, 10 years to maturity, and an 11.5 percent yield to maturity (YTM).  What is the bond’s price?

Suppose you inherited $275,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years?

Li & Associates’ common stock currently trades at $45 a share.  It is expected to pay an annual dividend of $2.48 a share at the end of the year (D1 = $2.48), and the constant growth rate is 7.8 percent a year.  What is the company’s cost of common equity if all of its equity comes from retained earnings?

Martinez Motors’ bonds have 8 years remaining to maturity.  Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 7 percent; and the yield to maturity is 9.5 percent.  What is the bond’s current market price?

Kiev Corporation’s outstanding bonds have a $1,000 par value, a 7 percent semiannual coupon, 18 years to maturity, and an 11 percent yield to maturity (YTM).  What is the bond’s price?

If you could change one thing in the ENG3C course, what would you change?

What is the most significant symbol in Lord of the Flies?  What does it represent and how is it important to the story?

How does Ralph feel in chapter seven when he is staring out into the ocean?

Match the following types of resumes