After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. If Schenkel has 445,000 shares outstanding, and the stock currently sells for $54, how much will it cost you to buy a seat if the company uses straight voting? (Do not round intermediate calculations.)

The after-tax cost of debt is what percent : A bond that has a $1000 par value (face value) and a contract or coupon interest rate of 11.2 percent. Interest payments are $56.00 and are paid semiannually. The bonds have a current market value of $1128 and will mature in 10 years. The firm margin.. |

Stock portfolio invested : You own a stock portfolio invested 30 percent in Stock Q, 20 percent in Stock R, 30 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are .89, 1.22, 1.06, and 1.24, respectively. What is the portfolio beta? |

Risk for high medical expenditures : The law now gives a worker who becomes unemployed the right to buy continuing health insurance coverage after leaving the company. Why might it be rational for a factory worker who loses his or her job to give up this legal right to purchase coverage.. |

Explain the cash conversion cycle and net working capital : Explain the cash conversion cycle (CCC) and net working capital. Why is this important to the contemporary executive? How do executive decisions regarding CCC and net working capital affect the company? |

It cost you to buy seat if company uses straight votind : After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. If Schenkel has 445,000 shares out.. |

Explain what capital structure-two publicly traded companies : Explain what capital structure is. Find two publicly traded companies and compare and contrast their capital structures. |

What stock price would you consider appropriate : The Perfect Rose Co. has earnings of $1.90 per share. The benchmark PE for the company is 14. What stock price would you consider appropriate? What if the benchmark PE were 17? |

Riskier stock exceed required return on less risky stock : Stock R has a beta of 1.3, Stock S has a beta of 0.4, the expected rate of return on an average stock is 11%, and the risk-free rate of return is 3%. By how much does the required return on the riskier stock exceed the required return on the less ris.. |

What is current share price-the growth rate falling off : Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 14 percent, and the company just paid a di.. |

## What is the net present value of paying the pointsA homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with zero points or at a rate of 5.5 percent with 2.25 points. If you will keep the mortgage for 30 years, what is the net present value of paying the points (to .. |

## What are main elements in calculating the cost of capitalwhat are main elements in calculating the cost of capital? how would an increase in debt affect it? how would you |

## What is the probability of running out of stockDemand for an item is 100 units a week with a standard deviation of 10 units. Lead time is one week and the reorder level used is 115 units. What is the probability of running out of stock? |

## Defined as the par value of common stockWhat is the maximum amount that Beta Corporation can pay in cash dividends, without impairing its legal capital, if it is headquarter in a U.S. state where capital is defined as the par value of common stock? |

## What was its interest expenseYAM Corp. recently reported $3.5million of net income. Its EBIT was $5.25 million, and its tax rate was 30%. What was its interest expense? |

## Perform financial analysis of a public companyHow does the above relate to the market that the business is in, i.e. need to perform competitive and economic analysis and macro economic analysis is company's sales cyclical or counter cyclical for example |

## It would have risen if the bond had not been callableIf you buy a callable bond and interest rates dec, will the value of your bond rise by as much as it would have risen if the bond had not been callable? Explain. |

## Two projects are mutually exclusiveFor a project to have more than one IRR, then both IRRs must be greater than the WACC. If two projects are mutually exclusive, then they are likely to have multiple IRRs. If a project is independent, then it cannot have multiple IRRs. |

## Retirement account rateA 40-year-old individual establishes a retirement account that is expected to earn 7 percent annually. Contributions will be $2,000 annually at the beginning of each year. Initially, the saver expects to start drawing on the account at age 60. |

## Find the present value of the cash flow streamsFind the present value of the following cash flow streams. The appropriate interest rate is 8%. |

## Compute the book value-liquidation value-replacement valueWe know the following about Carl & Co. Total assets are $200m, D is $60m, E is $130m, cash is $50m and the # of shares is 1m. We estimate that the market value of equity is 3 times the book value of it. Finally, a fire sale of the firm would bring 40.. |

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd