1.Your finance text book sold 53,000 copies in its first year. The publishing company expects the sales to grow at a rate of 23.0 percent for the next three years, and by 9.0 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in year 3 and 4. (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answers to the nearest whole number.)
Number of copies sold after 3 years 
[removed] 

Number of copies sold in the fourth year 
[removed] 
2.Find the present value of $4,200 under each of the following rates and periods.
(If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)
a. 8.9 percent compounded monthly for five years.
Present value 
$[removed] 
b. 6.6 percent compounded quarterly for eight years.
Present value 
$[removed] 
c. 4.3 percent compounded daily for four years.
Present value 
$[removed] 
d. 5.7 percent compounded continuously for three years.
3. Trigen Corp. management will invest cash flows of $1,340,980, $1,335,670, $278,871, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 5.89 percent, what is the future value of these investment cash flows six years from today? (Round answer to 2 decimal places, e.g. 15.25.)
Future value 
$[removed] 

4. You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into their systems and is offering to pay you $485,000 today, plus $485,000 at the end of each of the following six years for permission to do this. If the appropriate interest rate is 7 percent, what is the present value of the cash flow stream that the company is offering you? (Round answer to the nearest whole dollar, e.g. 5,275.)
5.




6. Trevor Price bought 10year bonds issued by Harvest Foods five years ago for $959.04. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,064.02, what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
Effective annual yield 
[removed] 
% 
7. The First Bank of Ellicott City has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.65 on this stock. What is the current price of this preferred stock given a required rate of return of 10.0 percent? (Round answer to 2 decimal places, e.g. 15.25.)
Current price 
$[removed] 
101papers.com is always working towards customer satisfaction. Our professional academic writers always aim at producing comprehensive papers that possess quality and originality at pocketfriendly prices. Students are assured that all their private information is safe with us.
101papers.com provides a system where students can request for moneyback in case they cancel the order or in the rare instances of dissatisfaction. The refund policy adheres to the company’s term and conditions on moneyback.
Read moreWhile providing the best professional essay writing services, we guarantee all our students of plagiarismfree papers. All papers produced by our professional academic writers are checked against all web resources and previously completed papers to avoid plagiarism.
Read moreIn our urge to provide the best professional essay writing services, we guarantee students of free revision policy. The free revision policy is a courtesy service where students can request for unlimited for their completed papers. We always aim at achieving 100% customer satisfaction rates. The free revision policy is one among many of our major advantages.
Read moreAt 101papers.com, every student is entitled to total security. Our professional academic writers are always committed to protecting all private information of our customers. We do not share any personal information with third parties. Additionally, we provide safe systems for all online transactions.
Read moreWorking with us is the greatest step towards achieving all your academic goals. We always deliver the best professional essay writing services as promised. We, therefore, expect all students to work cooperatively with us, as we work towards achieving our goal, your satisfaction. This way, all services will be delivered accurately and on time.
Read more