FIN 515 NERD Education knowledge / fin515nerd.com

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FIN 515 NERD Education knowledge / fin515nerd.com
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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 1 Homework Problem FOR MORE
CLASSES VISIT www.fin515nerd.com Week 1 Mini
Case Assume that you recently graduated and have
just reported to work as an investment advisor at
the brokerage firm of Balik and Kiefer Inc. One
of the firms clients is Michelle DellaTorre, a
professional tennis player who has just come to
the United States from Chile. DellaTorre is a
highly ranked tennis player who would like to
start a company to produce and market apparel she
designs.
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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 2 Homework Problems FOR MORE
CLASSES VISIT www.fin515nerd.com   FIN 515 Week
2 Homework Problems (3-1) Days Sales
Outstanding Greene Sisters has a DSO of 20 days.
The companys average daily sales are 20,000.
What is the level of its accounts receivable?
Assume there are 365 days in a year.
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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 3 Homework Problems FOR MORE
CLASSES VISIT www.fin515nerd.com FIN 515 Week 3
Homework Problems 5-1 Bond Valuation with Annual
payments Jackson Corporations bonds have 12
years remaining to maturity. Interest is paid
annually, the bonds have a 1,000 par value, and
the coupon interest rate is 8. The bonds have a
yield to maturity of 9. What is the current
market price of these bonds?
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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 4 Homework Problems FOR MORE
CLASSES VISIT www.fin515nerd.com 6-5). Expected
Return Discrete Distribution
A stocks
return has the following distribution

(6-1). Portfolio Beta
Your
investment club has only two stocks in its
portfolio. 20,000 is invested in a stock with a
beta of 0.7, and 35,000 is invested in a stock
with a beta of 1.3. What is the portfolios beta?


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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 5 Homework Problems FOR MORE
CLASSES VISIT www.fin515nerd.com NPVs, IRRs, and
MIRRs for Independent Projects 10-8) Edelman
Engineering is considering including two pieces
of equipment, a truck and an overhead pulley
system, in this years capital budget. The
projects are independent. The cash outlay for the
truck is 17,100 and that for the pulley system
is 22,430. The firms cost of capital is 14.
After-tax cash flows, including depreciation, are
as follows
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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 6 Homework Problems FOR MORE CLASSES
VISIT www.fin515nerd.com Week 6 (121) AFN
Equation Baxter Video Productss sales are
expected to increase by 20 from 5 million in
2010 to 6 million in 2011. Its assets totaled 3
million at the end of 2010. Baxter is already at
full capacity, so its assets must grow at the
same rate as projected sales.
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FIN 515 NERD Education knowledge / fin515nerd.com
FIN 515 Week 7 Homework Problems FOR MORE
CLASSES VISIT www.fin515nerd.com Week
7 (16-1) Cash Management Williams Sons last
year reported sales of 10 million and an
inventory turnover ratio of 2. The company is now
adopting a new inventory system. If the new
system is able to reduce the firms inventory
level and increase the firms inventory turnover
ratio to 5 while maintaining the same level of
sales, how much cash will be freed up?
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FIN 515 NERD Education knowledge / fin515nerd.com