FIN 401 Lecture Notes - Preferred Stock, Middle-Earth Dwarf Characters, Dividend Policy
26 Sep 2014
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Friday, february 26, 10:00 a. m. version a - solution. Aids allowed: closed book except for an 8"1/2 by 11" note sheet. Answer all multiple choice questions on the scan sheet. All multiple choice questions are worth 1 mark each. The following stock quote for ydv enterprises, inc. appeared in the financial pages of today"s newspaper. 1. 83: what was the closing price for this stock that appeared in yesterday"s newspaper, . 25, . 38, . 71, . 25, . 54. Today"s price = div. /yield = . 48/1. 05 = 45. 71. Earnings = # of shares * eps = . 91 * 1. 069m = 977,372: velor inc. has 10 percent coupon bonds on the market that have 15 years left to maturity. Note: default value or face value is . If the bond currently sells for , what is its ytm: 7. 52, 9. 41, 12. 53, 14. 71, none of the above. N=15, pmt=100, fv=1000, pv=-562, ytm = . 1897: allarco inc. has identified an investment project with the following cash flows.
