Great Wall Pizzeria issued 10-year bonds with the face value of $100 one year ago at a coupon rate of 6.20 percent. Coupons are paid semiannually. If the YTM on these bonds is 7.4 percent per annum with a semiannual compounding frequency, what is the current bond price?

Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective annual return. How many years will it take for your account to grow to $20,000, if you increase your deposit each year by 5%? (Hint: use excel goal seek).

Enter answer in years, rounded to the nearest first decimal, as in "4.6" years

Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective annual return. How many years will it take for your account to grow to $20,000, if you increase your deposit each year by 5%? (Hint: use excel goal seek).

Enter answer in years, rounded to the nearest first decimal, as in "4.6" years

Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective annual return. How many years will it take for your account to grow to $20,000, if you increase your deposit each year by 5%? (Hint: use excel goal seek).

Enter answer in years, rounded to the nearest first decimal, as in "4.6" years

Spring Break All Year Round is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.5 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $268,800 after 3 years. The project requires an initial investment in net working capital of $384,000. The project is estimated to generate $3,072,000 in annual sales, with costs of $1,228,800. The tax rate is 35 percent and the required return on the project is 17 percent. (Do not round your intermediate calculations.) Required: (a) What is the project's year 0 net cash flow? (b) What is the project's year 1 net cash flow? (c) What is the project's year 2 net cash flow? (d) What is the project's year 3 net cash flow? (e) What is the NPV?

A stock has had the following year-end prices and dividends:

What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Forten Company's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) Other Expenses are paid in advance and are initially debited to Prepaid Expenses.

Additional Information on Current Year Transactions

1. The loss on the cash sale of equipment was $11,125 (details in b).
2. Sold equipment costing $64,875, with accumulated depreciation of $36,125, for $17,625 cash.
3. Purchased equipment costing $102,375 by paying $42,000 cash and signing a long-term note payable for the balance.
4. Borrowed $4,600 cash by signing a short-term note payable.
5. Paid $53,125 cash to reduce the long-term notes payable.
6. Issued 3,100 shares of common stock for $20 cash per share.
7. Declared and paid cash dividends of $51,300.

Required:
1. Prepare a complete statement of cash flows using the indirect method for the current year. (Amounts to be deducted should be indicated with a minus sign.)

Consider two bonds, a 3-year bond paying an annual coupon of 6.90% and a 10-year bond also with an annual coupon of 6.90%. Both currently sell at a face value of $1,000. Now suppose interest rates rise to 12%.

a. What is the new price of the 3-year bonds? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

b. What is the new price of the 10-year bonds? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Revenues generated by New Link product are forecast as follows: year 1: $40,000, year 2: $30,000, year 3: $20,000, year 4: $10,000. Expenses are expected to be 40% of revenues and working capital required in each year is expected to be 20% of revenues for the following year. The product requires an immediate investment of $45,000 in plant and equipment

a. What is the initial investment in the product? Remember working capital

b. If the plant and equipment are depreciated to a salvage value of zero using straight line depreciation and the firm’s tax rate is 40%, what are the project cash flows in each year?

c. If the opportunity cost of capital is 12%, what is project NPV, IRR, and MIRR?

Assume Maple Corp. has just completed the third year of its existence (year 3). The table below indicates Maple’s ending book inventory for each year and the additional §263A costs (UNICAP) it was required to include in its ending inventory. Maple immediately expensed these costs for book purposes. In year 2, Maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory. What book-tax difference associated with its inventory did Maple report in year 2 and year 3? (Enter a favorable difference as a positive and an unfavorable difference as a negative)

Please provide a step-by-step explanation so I can figure out what I'm doing wrong.