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Alaska First Well LLC’s oil reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company’s earnings and dividends are declining at the constant rate of [g]% per year. If the firm just paid a dividend of $[d0]0 and rs= [r]%, what is the estimated value of Alaska First’s stock today? Round your answer to the nearest cent.

Which of the following is an example of a heterozygous genotype?

QUESTION 1 1.1 Determine the missing value in each of the equivalent fractions:   a)         b)                   (2) 1.2 Convert 3  to an improper fraction. (1) 1.3 Calculate the following:     1.3.1

BCC Industries just paid a dividend of $[d0] a share. The dividend is expected to grow [g]% a year for the next [n] years and then [g2]% a year thereafter. What is the expected dividend per share in year [t]? Do not round intermediate calculations. Round your answers to the nearest cent.

Wilson Technologies (WT) has just developed a solar panel capable of generating 125% more electricity than any solar panel currently on the market. As a result, WT is expected to experience [g1]% annual growth rate for the next 3 years. By the end of 3 years, other firms will have developed comparable technology, and WT’s growth rate will slow to [g2]% per year indefinitely. Stockholders require a return of [r]% on WT’s stock. The most recent annual dividend, which was paid yesterday, was $[d0]0 per share. Calculate the estimated intrinsic value of the stock today, P0. Round your answer to the nearest cent.

AA Corporation’s stock has a beta of 1.47. The risk-free rate is 3.49%, and the expected return on the market is 8.72%. What is the required rate of return on AA’s stock? Round your answer to two decimal places and express in percentage form.

Define the real risk-free rate of interest. It changes over time depending (primarily) upon which two economic conditions?

Because of a recession, the inflation rate expected for the coming year is only [i1]%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above [i1]%. Assume that the real risk-free rate is r* = [rf]% for all maturities and that there are no maturity risk premiums. If [n]-year Treasury notes yield [x] percentage points more than 1-year notes, what inflation rate is expected after Year 1? Round your answer to two decimal places and express in percentage form (x.xx%).

You currently have a 30-year fixed-rate mortgage financed at 6.25% on a $134,000 home. There are 15 years remaining on the mortgage.  Your banker friend tells you that for a small fee (2.5% of the principal borrowed), you can refinance the remaining balance of your mortgage at a fixed rate of 6.00% for 15 years.  What is the present value of the savings/loss to refinancing? If there is a loss to refinancing, enter the number as a negative. Round your answer to the nearest cent.

Why do investors require an inflation premium as part of their total return on a security (like a bond)?