FIN 571 Week 6 Assignment
https://assets.pinterest.com/images/PinExt.png

11.20
– the NPV is wrong – the answer to accept it is correct -i have one more
chance to answer correctly12.24 – Both of the answers were wrong
-i
have two more chances to answer correctly.
I
also have these three additional problems that I’ll pay an additional $20.00
for if you’re interested. let me knowthanks for all the hard work, thus far.
Problem 6.27
You
wrote a piece of software that does a better job of allowing computers to
network than any other program designed for this purpose. A large networking
company wants to incorporate your software into their systems and is offering
to pay you $517,000 today, plus $517,000 at the end of each of the following
six years for permission to do this. If the appropriate interest rate is 7
percent, what is the present value of the cash flow stream that the company
is offering you? (Round answer to the nearest whole
dollar, e.g. 5,275.)

$
Present
value
Problem
8.24

Trevor
Price bought 10-year bonds issued by Harvest Foods five years ago for
$952.25. The bonds make semiannual coupon payments at a rate of 8.4 percent.
If the current price of the bonds is $1,014.87, what is the yield that Trevor
would earn by selling the bonds today? (Round
intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer
to 2 decimal places, e.g. 15.25%.)

Effective
annual yield
%
Problem 9.15
The
First Bank of Ellicott City has issued perpetual preferred
stock
with a $100 par value. The bank pays a
quarterly dividend of $1.65 on this stock. What is the current price of this
preferred stock given a required
rate of return of 13.0 percent?(Round answer to 2
decimal places, e.g. 15.25.)