Fin 515 Week 4 Weekly Problems and Midterm Exam

833 WordsDec 21, 20154 Pages
FIN 515 WEEK 4 WEEKLY PROBLEMS AND MIDTERM EXAM To purchase this, Click here http://www.activitymode.com/product/fin-515-week-4-weekly-problems-and-midterm-exam/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIN 515 WEEK 4 WEEKLY PROBLEMS AND MIDTERM EXAM Fin 515 Week 4 Weekly Problems and Midterm Exam Prob 7-2 – Prob 7-4 – Prob 7-5 –Prob 9-2 –Prob 9-4 – Prob 9-4 – Prob 9-5 – Prob 9-6 – Prob 9-7 FIN 515 Week 4 : Business Valuation and Stock Valuation - Exam 1. (TCO A) Which of the following statements is CORRECT? (Points : 10) 2. (TCO G) Which of the following statements is CORRECT? (Points : 10) 3. (TCO G) LeCompte Corp. has $312,900 of assets, and it uses only common equity capital (zero debt). Its sales for the last year…show more content…
(Points : 10) 5. (TCO B) You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you received for the car assuming an interest rate of 6.0%? Years: 0 1 2 3 4 |-----------|--------------|--------------|--------------| CFs: $0 $1,000 $2,000 $2,000 $2,000 (Points : 10) 6. (TCO B) Suppose you borrowed $14,000 at a rate of 10.0% and must repay it in five equal installments at the end of each of the next five years. How much interest would you have to pay in the first year? (Points : 10) 7. (TCO D) A 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT? (Points : 10) 8. (TCO D) Garvin Enterprises’ bonds currently sell for $1,150. They have a six-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? (Points :

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