6. Define or discuss briefly: a. Full-bodied money b. Representative full-bodied money c. Credit money d. Fiat money

Sara Inc's most recent earnings per share were $2.00. Sara has a consistent policy of paying out 30% of its earnings as dividend. Researchers say that Sara earnings will grow at a constant rate of 10% over the next 5 years, and then will grow at 5% after this. The cost of capital is 9%. a. using the norma two-stage dividend growth model( use gordon growth to find terminal value) find the value of the stock please explain formula to make chart preferably in excel

Research and discuss the topics of data analysis and data visualization as it relates to the accounting profession. How do they impact and enhance financial statement analysis? Research and discuss the topic of Sustainability and Corporate Social Responsibility. How can this reported information affect or enhance financial statement analysis. Should this type of reporting be required? Why or why not?

d. Calculate the future sum of

​$1 comma 5001,500​,

given that it will be held in the bank for

1515

years and earn

1111

percent compounded semiannually.

e. What is an annuity​ due? How does this differ from an ordinary​ annuity?

f. What is the present value of an ordinary annuity of

​$2 comma 4002,400

per year for

1212

years discounted back to the present at

1515

​percent? What would be the present value if it were an annuity​ due?

g. What is the future value of an ordinary annuity of

​$2 comma 4002,400

per year for

1212

years compounded at

1515

​percent? What would be the future value if it were an annuity​ due?

h. You have just borrowed

​$160 comma 000160,000​,

and you agree to pay it back over the next

2525

years in

2525

equal​ end-of-year payments plus

1515

percent compound interest on the unpaid balance. What will be the size of these​ payments?

i. What is the present value of a perpetuity of

​$1 comma 5001,500

per year discounted back to the present at

1818

​percent?

j. What is the present value of an annuity of

​$1 comma 2001,200

per year for 10​ years, with the first payment occurring at the end of year 10​ (that is, ten

​$1 comma 2001,200

payments occurring at the end of year 10 through year​ 19), given a discount rate of

1313

​percent?

k. Given a discount rate of

1111

​percent, what is the present value of a perpetuity of

​$1 comma 9001,900

per year if the first payment does not begin until the end of year​ 10?

a project with an initial cost of $29,350 is expected to generate cash flows of $7,200, $9,300, $9,400, $8,300 and $8,000 over each of the next 5 years respectively. what is the project payback period

Which is CORRECT about information asymmetry and adverse selection

1. Information asymmetry refers to the situation when buyers have more information on the product than the sellers.
2. Information asymmetry is the result of adverse selection.
3. In a used car market, if sellers with good cars are unwilling to sell at a large discount, then only bad cars will get sold. This suboptimal outcome is so-called “adverse selection”.
4. Due to information asymmetry, market investors interpret firm’s SEO announcement positively because they believe insiders consider the firm undervalued.

Has the doom loop between indebted banks and indebted sovereigns in Europe been broken? and What further steps should be taken to ensure that all bank failures in Europe can be handled at a bearable cost to society?

explain the difference between Banking crises and bank failures, is it true/false between Banking crises and bank failures  are the same since their causes and effects are the same.

Joel Foster is the portfolio manager of the SF Fund, a $3 million hedge fund that

contains the following stocks. The required rate of return on the market is 11.00% and

the risk-free rate is 5.00%.

What rate of return should investors expect (and require) on

this fund?

*****Please show work on EXCEL spreadsheet, please show EXCEL formulas****please do not answer unless you use excel

STOCK	AMOUNT	BETA
A	$1,075,000	1.20
B	675,000	0.50
C	750,000	1.40
D	500,000	0.75
	$3,000,000

Silver Sun Entertainment has a weighted-average cost of capital of 8.22 percent and is evaluating two projects: A and B. Project A involves an initial investment of 5,756 dollars and an expected cash flow of 8,519 dollars in 6 years. Project A is considered more risky than an average-risk project at Silver Sun Entertainment, such that the appropriate discount rate for it is 0.86 percentage points different than the discount rate used for an average-risk project at Silver Sun Entertainment. The internal rate of return for project A is 6.75 percent. Project B involves an initial investment of 4,760 dollars and an expected cash flow of 8,425 dollars in 5 years. Project B is considered less risky than an average-risk project at Silver Sun Entertainment, such that the appropriate discount rate for it is 1.78 percentage points different than the discount rate used for an average-risk project at Silver Sun Entertainment. The internal rate of return for project B is 12.1 percent. What is X if X equals the NPV of project A plus the NPV of project B?

An idea that has been put forward for addressing the Auckland housing market problems is that foreign buyers should be required to pay a tax on the land they have bought. How will this improve financial stability? and What are the drawbacks of this measure?

1) I offer to borrow money from you for 60 days at the following interest rate quotations:

A. a discount rate of 8.30%.

B. a simple interest money market rate of 8.37%.

C. a “bond equivalent” yield (simple interest 365 day) rate of 8.45%.    

Which is the better deal from your point of view?   Why?

Five years from today, you plan to invest $2,950 for 8 additional years at 5.3 percent compounded annually. How much will you have in your account 13 years from today?

Multiple Choice $4,962.80 $4,459.12 $4,845.57 $3,819.12

Keep in mind that regular annuities are assumed to take place at the end of the period. So when you make a car or house payment, while you make the payment on the first day of the month you are actually paying the interest for the past month. It's also very important to understand that interest rates are quoted as an annual rate, but if any compounding takes place more than once each year you must adjust your interest to use the tables. So a 10% interest rate for payments that happen each 6 months or semi-annually would require that you use the 5% column. 1. If you invest $5,000 at the end of each 6 month period beginning in 6 months,for 5 years at 8% interest, how much will you have at the end of the 5 years. Don't forget to adjust your interest rate when you go to the table as well as your number of periods.

Silver Sun Entertainment has a weighted-average cost of capital of 8.22 percent and is evaluating two projects: A and B. Project A involves an initial investment of 5,756 dollars and an expected cash flow of 8,519 dollars in 6 years. Project A is considered more risky than an average-risk project at Silver Sun Entertainment, such that the appropriate discount rate for it is 0.86 percentage points different than the discount rate used for an average-risk project at Silver Sun Entertainment. The internal rate of return for project A is 6.75 percent. Project B involves an initial investment of 4,760 dollars and an expected cash flow of 8,425 dollars in 5 years. Project B is considered less risky than an average-risk project at Silver Sun Entertainment, such that the appropriate discount rate for it is 1.78 percentage points different than the discount rate used for an average-risk project at Silver Sun Entertainment. The internal rate of return for project B is 12.1 percent. What is X if X equals the NPV of project A plus the NPV of project B?