Pearce’s Cricket Farm issued a 30-year, 8% semiannual bond 3 years ago. The bond currently sells for 95% of its face value. The company’s tax rate is 35%. Assume the par value of the bond is $1,000.

a. What is the pre-tax cost of debt? (Do not round intermediate calculations. Round the final answer to 3 decimal places.)

Pre-tax cost of debt             %

b. What is the after-tax cost of debt? (Do not round intermediate calculations. Round the final answer to 3 decimal places.)

After-tax cost of debt             %

It is December 31. Last year, Campbell Construction had sales of $120,000,000, and it forecasts that next year’s sales will be $114,000,000. Its fixed costs have been—and are expected to continue to be—$60,000,000, and its variable cost ratio is 21.00%. Campbell’s capital structure consists of a $15 million bank loan, on which it pays an interest rate of 8%, and 750,000 shares of common equity. The company’s profits are taxed at a marginal rate of 40%. Given this data, complete the following sentences: Note: For these computations, round each EPS to two decimal places.

• The company’s percentage change in EBIT is . -12.26% -13.62% -16.34%

• The percentage change in Campbell’s earnings per share (EPS) is . -11.28% -14.10% -19.74%

• The degree of financial leverage (DFL) at $114,000,000 is . 0.97 1.04 2.82

Olsen Outfitters Inc. believes that its optimal capital structure consists of 70% common equity and 30% debt, and its tax rate is 40%. Olsen must raise additional capital to fund its upcoming expansion. The firm will have $2 million of retained earnings with a cost of rs = 14%. New common stock in an amount up to $8 million would have a cost of re = 17%. Furthermore, Olsen can raise up to $2 million of debt at an interest rate of rd = 11% and an additional $5 million of debt at rd = 14%. The CFO estimates that a proposed expansion would require an investment of $4.6 million. What is the WACC for the last dollar raised to complete the expansion? Round your answer to two decimal places.

1. Write a program that reads the letter codes of a telephone number pad and converts them into their corresponding number patterns.
2. a.        One acceptable form of output:

Sample input:              Sample Output:

800-MATTRESS 800-628-8737 (leave off the last “S”)

800-mattress                800-628-8737 (leave off the last “S”)

2. Another acceptable form of output:

Sample input:              Sample Output:

            8   8

0   0

  0 0

   M 6

A 2

T                                8

T                                8

R                                7

E                                 3

S                                 7

1. The letters ‘A’ to ‘Z’ and ‘a’ to ‘z’ should print the corresponding telephone digit.
2. This program should use two levels of loops.
   1. One loop should prompt the user to ask them if they wish to convert a telephone letter pattern. The user should be prompted when the program first begins execution and after each completed execution.
   2. (1)             If they do wish to convert a telephone letter pattern, the program should execute again.

(2)             If they do not wish to convert a telephone letter pattern, the program should

terminate

(3) Valid values that the user can enter as to whether they wish to execute the

program are: ‘Y’ or ‘y’ or “N’ or ‘n’ .

(a)      All other responses should error out and user the should be requested to

           enter a valid response.            

1. 2. The other loop should convert a 10 character letter pattern into the corresponding number pattern.
1.             The user should be prompted to enter the 10 letter sequence.
2.             Only the first 10 characters should be able to be entered and converted.
   3. The valid patterns for letter to number conversion of the telephone are:

A counter should keep track of how many telephone button conversions have been processed on and printed on the report.

A solid line of separators such as the **** or #### should be placed between each telephone button conversion done.

Place a good descriptive heading at the top of the report below the required first several output lines indicated at the top of this document.

At least three separate conversions should be processed.

D.        Save the program with the name: Lab4tele.cpp

E.        Test Data:

F.         For this program, hand in:

1. A copy of the source code for the program.
2. A copy of the screen print for the output for the program run.

PLEASE USE ANY LOOP(FOR, WHILE, DO). DO NOT USE STRINGS OR ARRAYS.  

Suppose two worlds, each having mass M and radius R, coalesce into a single world. Due to gravitational contraction, the combined world has a radius of only 7/8 R. What is the average density of the combined world as a multiple of ρ0, the average density of the original two worlds?

You run a regression of X’ Company stock's returns against the market returns over a five-year time period (using monthly data) and come up with the following output: Intercept = .20%, Slope = 1.20 Your stock had an annualized standard deviation of returns of 40% whereas the market standard deviation was only 20%. The annualized risk-free rate, on average, over the last five years has been 6% and it is currently at 7%. The risk premium = 8.5%. The annualized dividend per share currently is $2.00 and the stock is currently selling for $50 (There are 100,000 shares outstanding) Evaluate the performance of X Company over the five-year time period of your analysis.

You run a regression of X’ Company stock's returns against the market returns over a five-year time period (using monthly data) and come up with the following output: Intercept = .20%, Slope = 1.20

Your stock had an annualized standard deviation of returns of 40% whereas the market standard deviation was only 20%. The annualized risk-free rate, on average, over the last five years has been 6% and it is currently at 7%. The risk premium = 8.5%. The annualized dividend per share currently is $2.00 and the stock is currently selling for $50 (There are 100,000 shares outstanding)

Evaluate the performance of X Company over the five-year time period of your analysis.

11- Assume the total cost of a college education will be $303,000 when your child enters college in 18 years. You presently have $54,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? (Enter answer on percent with two decimals, i.e. 32.16)

12- You have $24,000 you want to invest for the next 40 years. You are offered an investment plan that will pay you 7 percent per year for the next 20 years and 9 percent per year for the last 20 years. How much will you have at the end of the 40 years?

(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

# Years:

13-

Year

Cash Flow

1

1083

2

816

3

1267

4

616

Eulis Co. has identified an investment project with the cash flows shown in the table above. If the discount rate is 11 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to two decimals, i.e. 32.16)

14-

Year

Cash Flow

1

1730

2

1017

3

784

4

1488

Vegetable Corp.. has identified an investment project with the cash flows shown in the table above. If the discount rate is 12 percent, what is the future value of these cash flows in year 4? (Do not round intermediate calculations and round your answer to two decimals, i.e. 32.16)

A developmental psychologist would like to know whether there is a difference in the sociability scores of children according to the number of siblings they have. He chose three random samples of n = 5 children each according to three groups and measured their level of sociability using a standardized test. The scores are shown in the table below. Do the scores indicate significant differences among the three groups?

a. Using the 5 steps of hypothesis testing, test at α .05. (15 pts)

b. Conduct two post hoc tests, Tukey’s HSD Test and the Scheffe Test, both at α .05, and compare your answers. (9 pts)

Need help with the ten step by hand ANOVA ... specifically the sum of squres/between/within calculations in the hypothesis testing

and the steps associated with the post hoc tests

Thank you!!