Bad company's stock price is $40, and it has 6.0 million shares outstanding. You believe that if you buy the company and replace its management its value will increase by 43%. Assume that Bad has a poison pill with a 15% triggered all target shareholders-other then the acquirer-will be able to buy one new share in Bad for each share they own as a 50% discount? Assume that while you the price remains at 40 while you are acquiring your buyout shares. If Bad's management decides to resist your buyout attempt and you cross the 15% threshold of ownership.

A. How many new shares will be issued at what price?

B. What will happen to your percentage ownership of Bad?

C. What will happen to the price of your shares of Bad?

D. Do you lose or gain from triggering the poison pill? If you lose where does the loss go (who benefits)? If you gain, where does the gain come from (who loses)?

On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all transactions): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

A. Borrowed $115,600 for nine years. Will pay $6,300 interest at the end of each year and repay the $115,600 at the end of the 9th year.

B. Established a plant remodeling fund of $490,450 to be available at the end of Year 10. A single sum that will grow to $490,450 will be deposited on January 1 of this year.

C. Agreed to pay a severance package to a discharged employee. The company will pay $75,300 at the end of the first year, $112,800 at the end of the second year, and $150,300 at the end of the third year.

D. Purchased a $171,500 machine on January 1 of this year for $34,300 cash. A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year.

2-a. In transaction (b), what single sum amount must the company deposit on January 1 of this year? (Round your answer to nearest whole dollar.)

2-b. What is the total amount of interest revenue that will be earned? (Round your answer to nearest whole dollar.)

3. In transaction (c), determine the present value of this obligation.

4-a. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note?

4-b. What is the total amount of interest expense that will be incurred?

The following information applies to

BritanniaBritannia

Ltd. for the year ended 31 December​ 2009:

​Requirement:

Compute the​ price/earnings (PE) ratio for

BritanniaBritannia

Ltd. for 2009.

​First, calculate the earnings per share​ (EPS) for the company as​ follows:

​(Show your answer in​ pence, to two decimal​ places.)

Next you can calculate the​ price/earnings ratio.

The calculation of the​ price/earnings ratio for

BritanniaBritannia

Ltd.​ is:

​(Show your answer in​ 'times', to two decimal​ places.)

You are informed that the​ company's PE ratio on 31 December 2009 was three times as high as the figure calculated at

31 December 200831 December 2008.

Which one of the following statements is​ correct?

A.

The company has definitely not earned any more profit during this year.

B.

The company has definitely issued more shares in this year.

C.

The stock market appears to be less confident about the​ company's future.

D.

The stock market appears to be more confident about the​ company's future.

Choose from any list or enter any number in the input fields, then continue to the next question.

On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all transactions): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

Borrowed $117,600 for eight years. Will pay $7,300 interest at the end of each year and repay the $117,600 at the end of the 8th year.

Established a plant remodeling fund of $491,950 to be available at the end of Year 9. A single sum that will grow to $491,950 will be deposited on January 1 of this year.

Agreed to pay a severance package to a discharged employee. The company will pay $76,300 at the end of the first year, $113,800 at the end of the second year, and $151,300 at the end of the third year.

Purchased a $176,500 machine on January 1 of this year for $35,300 cash. A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year.

1. In transaction (a), determine the present value of the debt

2-a. In transaction (b), what single sum amount must the company deposit on January 1 of this year?

2-b. What is the total amount of interest revenue that will be earned?

3. In transaction (c), determine the present value of this obligation.

4-a. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note?

4-b. What is the total amount of interest expense that will be incurred?

Company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by a MBA student. The production line would be set up in unused space (Market Value Zero) in Sugar Land’ main plant. Total cost of the machine is $350,000. The machinery has an economic life of 4 years and will be depreciated using MACRS for 3-year property class. The machine will have a salvage value of $35,000 after 4 years.

The new line will generate Sales of 1,750 units per year for 4 years and the variable cost per unit is $110 in the first year. Each unit can be sold for $210 in the first year. The sales price and variable cost are expected to increase by 3% per year due to inflation. Further, to handle the new line, the firm’s net working capital would have to increase by $30,000 at time zero (No change in NWC in years 1 through 3 and the NWC will be recouped in year 4). The firm’s tax rate is 40% and its weighted average cost of capital is 11%.

**** Estimate the after tax salvage cash flow

*******Estimate the net cash flow of this project

Year zero

Year 1

Year 2

Year 3

Year 4

Estimate the NPV, IRR, MIRR, and profitability Index of the project.

Salaries for teachers in a particular elementary school district are normally distributed with a mean of $46,000 and a standard deviation of $4,900. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)

(a) Find the 90^th percentile for an individual teacher's salary.


(b) Find the 90^th percentile for the average teacher's salary.

Salaries for teachers in a particular elementary school district are normally distributed with a mean of $46,000 and a standard deviation of $4,500. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)

A) Find the 90^th percentile for an individual teacher's salary.

B)Find the 90^th percentile for the average teacher's salary.

Salaries for teachers in a particular elementary school district are normally distributed with a mean of $42,000 and a standard deviation of $5,700. We randomly survey ten teachers from that district. (Round your answers to the nearest dollar.)

(a) Find the 90^th percentile for an individual teacher's salary.
$ =

(b) Find the 90^th percentile for the average teacher's salary.
$ =

Immunology:

We have seen that inherited conditions in which an individual lacks antibodies can be treated by the intravenous administration of gamma-globulin from donors. Briefly indicate how the following donor characteristics may affect the “quality” of gamma-globulin obtained.

a) Age

b) Geographical location (relative to recipient)

c) Occupation

1. if a buffer has a 4 charge and it is involved in removing two hydrogen ions from a solution, the buffers charge will become:

2. How many times more basic is a solution with a pH of 9 compared to a solution with a pH of 2?

3. What is the term used when describing an electrolyte becoming individual ions?