Your building has been appraised at $2,000,000 using a cap rate of 10%. The lender is willing to provide you a 5-year mortgage loan with an LTV of 70%, an amortization period of 25 years and a mortgage interest rate of 7%. What will be your DSCR?

a. 1.9

b. 1.5

c. 0.7

d. 1.4

e. 1.7

A soil distributor sells fertilizer in 10 kg bags. A customer feels that the distributor sells underweight bags. To support his hunch, he purchases 8 bags of soil. They have an average weight of 9.75 kg with standard deviation 0.7 kg. Does the customer have a case against the distributor? Test using α = 0.05.

If the states in North America, Western Europe, and East Asia all were to meet the target of providing 0.7 percent of GNP in foreign assistance, what might the effects be? How much additional aid would be made available? To whom would it likely go? What effects might it have on the recipient states and on economic development overall?

Do you agree with the following statement? Justify your answer.

Although the industry is moving toward component-based construction, most software continues to be custom-built.

# please short answer in your words

Use C programming to Implement the breadth-first tree traversal. The tasks are:

a) Build the tree.

b) Perform breadth first traversal on the tree that you have built at step

a).

Note: "Please comment the program"

Booyah is a publicly traded company that sells both computer hardware and services. It has no debt outstanding or cash. In the most recent year, the company reported the following information about its two businesses:

Business              Revenues (in $ millions)               Enterprise Value/Sales Unlevered Beta

Computer hardware       $800                                                               0.7 1.22

Computer services          $500                                                               1.9 0.7

The company also provides the breakdown of revenues geographically:

A) Estimate the cost of equity in US dollars for Booyah

B) Now assume that Booyah wants to sell just its hardware business in the United States at fair value (based on the EV/Sales ratio for the sector) in the United States, borrow an additional $280 million in the US and invest the total amount in computer services in China. Estimate the cost of equity in US $ for Booyah after the transaction.

Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $6.3 million. The equipment will be depreciated straight-line over 6 years, but, in fact, it can be sold after 6 years for $538,000. The firm believes that working capital at each date must be maintained at a level of 15% of next year’s forecast sales. The firm estimates production costs equal to $1.00 per trap and believes that the traps can be sold for $4 each. Sales forecasts are given in the following table. The project will come to an end in 6 years, when the trap becomes technologically obsolete. The firm’s tax bracket is 40%, and the required rate of return on the project is 9%.

Suppose the firm can cut its requirements for working capital in half by using better inventory control systems. By how much will this increase project NPV?