Please respond according to the detailed instructions . This is at a doctorate level. Need clear explanations to all questions Document Preview: Finance: HOMEWORK Spring 2013 THE BOOK USED FOR THIS...

1 answer below »
Please respond according to the detailed instructions . This is at a doctorate level. Need clear explanations to all questions


Document Preview:

Finance: HOMEWORKSpring 2013 THE BOOK USED FOR THIS ASSIGNMENT IS ROSS, JAFFE AND WESTERFIELD AND JAFFE, CORPORATE FINANCE, 9th Edition IN THESE PROBLEMS, All payments occur at the end of the period unless stated otherwise. Interest is compounded annually unless stated otherwise. Face value of all bonds is $1000. FORMAT: You can use a Word document, an Excel spreadsheet or both. Please do not embed Excel into a Word document. Please use single-spaced, 11 pt. or 12 pt. font. _____________________________________________________________________________________ Multiple Choice: MUST ADD COMMENTS TO EXPLAIN YOUR REASONING. Expected return on a project; it is the rate that makes net present value (NPV) break even. Payback period Cost of capital Profitability index Internal rate of return The bond contract is known as the Indenture Debenture Covenant Which of the following cash flows would you exclude from the current analysis of a project? Cannibalism of future sales in existing product lines Additional use of electricity and water Last year’s survey of market demand All of the above are included When a stock trades in the secondary market, the firm gets additional cash. True False Finance: HOMEWORKSpring 2013 THE BOOK USED FOR THIS ASSIGNMENT IS ROSS, JAFFE AND WESTERFIELD AND JAFFE, CORPORATE FINANCE, 9th Edition IN THESE PROBLEMS, All payments occur at the end of the period unless stated otherwise. Interest is compounded annually unless stated otherwise. Face value of all bonds is $1000. FORMAT: You can use a Word document, an Excel spreadsheet or both. Please do not embed Excel into a Word document. Please use single-spaced, 11 pt. or 12 pt. font. ___________________________________________________________________________________ Multiple Choice: MUST ADD COMMENTS TO EXPLAIN YOUR REASONING. Which of the following makes a market operate less efficiently? Easier access to...



Answered Same DayDec 22, 2021

Answer To: Please respond according to the detailed instructions . This is at a doctorate level. Need clear...

Robert answered on Dec 22 2021
125 Votes
Finance: HOMEWORK Spring 2013


THE BOOK USED FOR THIS ASSIGNMENT IS ROSS, JAFFE AND WESTERFIELD AND JAFFE, CORPORATE
FINANCE, 9th Edition

IN THESE PROBLEMS,
All payments occur at the end of the perio
d unless stated otherwise.
Interest is compounded annually unless stated otherwise.
Face value of all bonds is $1000.

FORMAT: You can use a Word document, an Excel spreadsheet or both. Please do not embed Excel
into a Word document. Please use single-spaced, 11 pt. or 12 pt. font.
_____________________________________________________________________________________
Multiple Choice: MUST ADD COMMENTS TO EXPLAIN YOUR REASONING.

1. Expected return on a project; it is the rate that makes net present value (NPV) break even.

A) Payback period
B) Cost of capital
C) Profitability index
D) Internal rate of return
Explanation: - Internal rate of Return is the discount rate at which Net Present Value of projects becomes
equal to zero. It means actual rate at which project is earning cash flows.

2. The bond contract is known as the

A) Indenture
B) Debenture
C) Covenant

Explanation: - An indenture agreement is the official agreement between a bond issuer and
bondholder. It includes all the particulars of all the terms and conditions of the bonds.

3. Which of the following cash flows would you exclude from the current analysis of a project?

A) Cannibalism of future sales in existing product lines
B) Additional use of electricity and water
C) Last year’s survey of market demand
D) All of the above are included
Explanation: - Since we have to analyze the project by comparing future benefits with additional cost due to
project. Last year’s survey of market has nothing to do with it and hence excluded from current analysis of a
project.

4. When a stock trades in the secondary market, the firm gets additional cash.

A) True
B) False

Explanation: - Secondary market is a place where investors buy and sell securities from other
investors without interacting with corporation itself. Therefore firm gets no additional cash when
stock trades in secondary market.






Finance: HOMEWORK Spring 2013


THE...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here