De La Salle Professional Schools Inc.
Peachtree Securities, Inc. (B) A Case Analysis
Submitted to: Prof. Benel Lagua
In Partial Fulfillment of the Course Requirement In Financial Management
Submitted by: Cheng, Cindie Domo-ong, Kathleen Mendoza, Elissa Santos, Ana Liza Group 4 August 28, 2010
After a successful lecture on risk and return, Laura Donahue, a recently hired utility analyst for Peachtree Securities, Inc., was tasked by its president, Jack Taylor, to determine the value of TECO Energy’s securities (common stock, preferred stock and bonds) and then conduct a seminar to explain the process to the firm’s customers. To do this, Laura first reviewed the Value Line Investment Survey data and examined TECO’s latest
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Coupon Interest Rate = Coupon Payment Par Value
2c. What is the effective annual yield to maturity (YTM) on each issue?
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Effective Annual Yield = ((1 + semiannual YTM)2)-1
2d. In comparing bond yields with the yields on other securities, should the nominal or effective YTM be used? Explain. • The most important rate of return indicator is a bond's yield to maturity. The YTM factors in everything to give the true overall yield to an investor. It examines the nominal yield, current yield and years to maturity. The overall rate of return can be effected by the length of time the bond is held. 3. Suppose TECO has a second bond with 25 years left to maturity (in addition to the one listed in Table 1), which has a coupon rate of 7 3/8 percent and a market price of $747.48 3a. What is the (1) nominal yield and (2) the effective annual YTM on this bond?
3b. What is the current yield on each of the 25-year bonds?
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Current Yield = Annual Dollar Interest Paid Market Price
3c. What is each bond's expected price on January 1, 1994, and its capital gains yield for 1993, assuming no change in interest rates? (Hint: remember that the nominal required rate of return on each bond is 10.18%)
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The capital gains yield will be the change in price divided by the original (purchase) price. Computed as Capital Gains Yield = (Ending Price-Beginning Price)/Beginning Price
3d. What would
2. What types of symptoms did Jennifer, Cassandra, and James have in common? Which organ or tissue seems to
Explain to her (through her daughter as necessary) what you will be doing. You might want to explain that t takes extra time to listen to her heart & that just because you listen for a long time does not indicate there is a problem. Move your stethoscope in inch-long increments, in a Z pattern across the chest, from the base of the heart, across & down, then over to the apex. Although heart sounds are generally lower in pitch,
Scenario: John is a 4 year-old boy who was admitted for chemotherapy following diagnosis of acute lymphoblastic leukemia (ALL). He had a white blood cell count of 250,000. Clinical presentation included loss of appetite, easily bruised, gum bleeding, and fatigue. Physical examination revealed marked splenomegaly, pale skin color, temperature of 102°F, and upper abdomen tenderness along with nonspecific arthralgia.
As a member of management Clive Jenkins is responsible for boosting employee morale to ensure that company goals are met
The second choice for the alternative design for Dynacorp would be Functional / Product matrix of strategic design. Dynacorp manufactures a range of products in the field of global information systems and communications. Since it has the major functional structures defined such as engineering, manufacturing and marketing, it can be linked to the various products Dynacorp manufactures. This allows comparatively easier transformation from the existing structure.
1.00 point A bond with a 7-year duration is worth $1,073, and its yield to maturity is 7.3%. If the yield to maturity falls to 7.21%, you would predict that the new value of the bond will be approximately _________.
The current year is 1979, so from Exhibit 3 the 1980 dividend is forecasted to be $1.70, and the stock price in 1979 is $22.50. This gives a dividend yield of 7.56%, which is added to g. There are four ways to solve for g:
Scott Starson, a brilliant physicist has been in and out of mental institutions due to his bipolar disorder. He was lastly admitted again after he made death threats to his roommates and was found not criminally responsible for that offense. His physicians suggested different sorts of treatment for his illness. Scott Starson refused to give consent to the treatment for reason that he had a scientific research to finish and he didn’t want the medications to slow him down. His physicians not finding him competent enough to critically make that kind of decision, brought the case
Additionally, as expressed by Rebecca Ratner, Hsieh’s commitment to merging the workplace with social lives could present risk to the company in the form of unprofessional or inappropriate conduct that is not addressed properly.
1. Describe bone physiology and the bone remodeling cycle. Be sure to emphasize the two types of bone tissue and the roles of osteoblasts and osteoclasts.
Mr. Hugh Tudor (55 yrs) is a well-known person in Milville, where he has been living for 30 years. He is involved in lot of social activities and has a reasonable pension and savings. He is becoming restless in his retirement and shows interest in investing in The Leeds Livery, local British pub in Milville, which could provide him with more challenges. While discussing this matter with his friend, he found out that the pub has great potential to perform well as it once exceeded the profit percentage of the industry. Mr. Tudor is in the process of exploring this opportunity but still has several questions rising in his mind.
Incremental cash flows is the difference between the cash flows a company will have if it implements the new project versus the cash flows the company will have if they choose not to embark
Overview: Universal Luxury Group is an international group of companies principally engaged in the production and sale of luxury goods including Food and Beverages, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, and other business. Among them, this case is handling Perfumes and Cosmetics business group that accounts for EUR 2,231M, 19% of sales revenue.
Functional magnetic resonance imaging (fMRI) technology would be best reveal the location and extent of damage to Tim’s brain produced by his
1. What is meant by the globalization of human capital? Is this inevitable as firms increase their global operations?