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Dewey Corp. is expected to have an EBIT of $3,050,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $240,000, $145,000, and $245,000, respectively. All are expected to grow at 20 percent per year for four years. The company currently has $19,000,000 in debt and 855,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3.3 percent indefinitely. The company’s WACC is 9.6 percent and the tax rate is 22 percent. What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
In: Finance
A family of four that is made up from a 2 and 8 year old plus their parents were traveling from Europe to the USA. On the way it was noticed that the 8 year old boy is having fever, headache and his head was tilting to the right in addition there was some form of rash developing on his hands and feet. Their father was feeling very fatigued with flu like symptoms that included a headache and tilting of the head with a pain in their neck. A rash was noticed on the father’s hands and some areas of his feet. The other two members of the family were doing very well. Upon arrival to the USA both the child and his father were admitted to the hospital. A spinal tap reflected the presences of Neisseria meningitidis in their CSF. The rash has spread more in the 8 year old but it is no longer showing on his father. They have all been vaccinated against this bacteria.
I. Explain the pathogenesis of the diseases in both the 8 year old and the father and why their symptoms differ.
II. Explain why the mother and the 2 year old did not have any symptoms of the disease.
III. Explain your method of treatment for both ill members and what precautions if any would take to protect the mother and the 2 year old.
In: Nursing
Ironwood Bank is offering a 30?-year mortgage with an APR of 5.90 % based on monthly compounding. If you plan to borrow $ 165,000?, what will be your monthly? payment?
In: Finance
What is the price of a 15-year, $1000 par value bond with a 7% coupon that pays interest seminannually if we assume that its yield to maturity is 8%? What would be the price of the bond if its YTM were 9%? Compute the percentage change in price: (new price - initial price) / initial price. Repeat the exercise for a 10-year, $1000 bond with a 7% coupon paying interest semiannually using the same two yields. What do you notice about the percentage change in price for the 10-year bond versus that for the 15-year bond?
In: Finance
Q1. The price of a stock is $40. The price of a 1-year European put option on the stock with a strike of $30 is quoted as $7 and the price of a 1-year European call option on the stock with a strike of $50 is quoted as $5. Suppose that an investor buys 100 shares, shorts 100 call options, and buys 100 put options. Draw a diagram illustrating how the investor’s P&L varies with the stock price over the next year.
Q2. Stock in CP Inc. is currently priced at $50 per share. A call option with a $50 strike and 90 days to maturity is quoted at $1.95. Compare the percentage gains and losses from a $97,500 investment in stock versus the option in 90 days for stock prices of $40, $50, and $60.
In: Finance
Jake deposits 5000 at the end of each year in an investment fund
earning an annual effective interest rate of 11.6%. The interest
from this investment fund is paid at the end of each year into a
savings account which earns an annual effective interest rate of
2.1%.
Find Jake's combined total accumulated value at the end of 16
years.
In: Statistics and Probability
You hold a 25 year bond from Telus with a par value of $1,000 and a coupon rate of $70 (7%) a year. This bond is currently selling for $1,023. (No calculations are needed in this question).
(a). What do you know about the yield of this bond? Explain.
(b). If Telus incurred a large amount of debt what would likely happen to the:
i. coupon rate on your Telus bond - explain
ii. Yield to maturity on your Telus bond - explain
iii. Your Telus bond price - explain
(c). If the Government of Canada suddenly increased interest rates on their bonds what would happen to the:
i. coupon rate on your Telus bond - explain
ii. Yield to maturity on your Telus bond - explain
iii. Your Telus bond price - explain
In: Accounting
You are provided with the following information related to class 8 assets for the current year:
Undepreciated Capital Cost (UCC) Beginning Balance: $82,000
Cost of additions: $2,000
Dispositions (i.e. reduction for disposals): $15,000
The class 8 rate is 20%. Using only this information, what is the maximum capital cost allowance (CCA) deduction for the current year for class 8?
In: Accounting
A 65-year-old male was admitted for evaluation of pain on swallowing and a sore throat that has persisted for the past year. The discomfort has not changed with the use of various over the counter cold remedies. The client has lost weight due to a decrease in appetite and difficulty swallowing. He has smoked 3 packs of cigarettes a day for 40 years.
A laryngoscopy showed a subglottic mass. The client had a total laryngectomy with tracheostomy to manage laryngeal cancer. He also has a nasogastric tube in place.
You will be providing care for this client during his first 72 hours after surgery.
Initial Discussion Post:
There are multiple nursing diagnoses that are applicable to this client during the time when you will be providing care.
Select one NANDA-I nursing diagnosis and describe why it is a priority for this client.
What is the cause or related factor for this NANDA-I nursing diagnosis?
Identify an outcome for this NANDA-I nursing diagnosis. The outcome must be patient centered and measurable.
Identify two (2) nursing interventions that will help this client achieve the outcome.
Describe how each intervention will help the patient achieve the outcome..
In: Nursing
Swanson & Hiller, Inc., purchased a new machine on September 1 of the current year at a cost of $138,000. The machine’s estimated useful life at the time of the purchase was five years, and its residual value was $8,000. The company reports on a calendar year basis.
Required:
a-2. Prepare a complete depreciation schedule, beginning with the current year, using the 200 percent declining-balance method. (Assume that the half-year convention is used).
a-3. Prepare a complete depreciation schedule, beginning with the current year, using the 150 percent declining-balance, switching to straight-line when that maximizes the expense. (Assume that the half-year convention is used).
c. Assume that Swanson & Hiller sells the machine on December 31 of the fourth year for $30,500 cash. Compute the resulting gain or loss from this sale under each of the depreciation methods used in part a.
In: Accounting