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FIN 2801

PlumbridgeCorp. reported EPS of $2.30 for 2010. In 2010 Plumbridge had earnings available to common stockholders of $ 1,380,000. How many outstanding shares of common stock did Plumbridge have in 2010?

What is the future value of a 10-year ordinary annuity of $15,000 per year assuming a discount rate of 10% per year?

The future value of an annuity due with $400 annual deposits into an account paying 7% interest over the next 8 years is?

The present value of $800 received at the end of year 6, assuming an opportunity cost of 7%, is?

The future value of an ordinary annuity with $200 annual deposits into an account paying 6% interest over the next 10 years will be?

What will the equal annual end of year payments need to be to fully amortize a $25,000, 12% loan over a 5 year period?

The future value of an ordinary annuity of $3,500 each year for 25 years, deposited at 9% is?

If you put $26,000 in asset A, $33,000 into asset B, and $55,000 into asset C, and if the expected return to A is 10%, B is 12% and C is 14%, what is the expected return on the portfolio?
Assume you purchased 100 shares last year of Hilton Co. for $25 per share. The price 1 year later is $27 per share. If a $2.50 dividend was paid, what is the return?

Given the following information, should the asset be purchased and why? Explain in 1-2 sentences.
State of the Economy Probability Return Boom .25 0.16 Normal .5 0.14 Bust .25 0.12

The risk free rate of interest is 5%, the return on the market is 12%, and the beta of the firm is 1.0

12. A bond pays no interest. It has $1,000 par and matures in 5 years. What is the value if the market rates are 10%?

13. What is the approximate yield to maturity for a $1,000 par value
bond selling for $1,100 that matures in 5 years and pays a 10% coupon?

14. Using the following data, what is the change in net working capital for LL Corp.?

Current Account …