1. FIN 515 Education for Service-- tutorialrank.com

2. FIN 515 Week 1 Homework Problem For more course tutorials visit www.tutorialrank.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 firm’s 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

3. FIN 515 Education for Service-- tutorialrank.com FIN 515 Week 2 Homework Problems For more course tutorials visit www.tutorialrank.com FIN 515 Week 2 Homework Problems (3-1) Days Sales Outstanding Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year.

4. FIN 515 Education for Service-- tutorialrank.com FIN 515 Week 3 Homework Problems For more course tutorials visit www.tutorialrank.com FIN 515 Week 3 Homework Problems 5-1 Bond Valuation with Annual payments Jackson Corporation’s 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?

5. FIN 515 Education for Service-- tutorialrank.com FIN 515 Week 4 Homework Problems For more course tutorials visit www.tutorialrank.com (6-5). Expected Return: Discrete Distribution A stock’s 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

6. FIN 515 Education for Service-- tutorialrank.com FIN 515 Week 5 Homework Problems re course tutorials visit www.tutorialrank.com (10-8) NPVs, IRRs, and MIRRs for Independent Projects Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year’s 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 firm’s cost of capital is 14%. After-tax cash flows, including depreciation, are as follows:

7. FIN 515 Education for Service-- tutorialrank.com FIN 515 Week 6 Homework Problems For more course tutorials visit www.tutorialrank.com Week 6 (12–1) AFN Equation Baxter Video Products’s 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. At the end of 2010

8. FIN 515 Education for Service-- tutorialrank.com FIN 515 Week 7 Homework Problems For more course tutorials visit www.tutorialrank.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 firm’s inventory level and increase the firm’s inventory turnover ratio to 5 while maintaining the same level of sales, how much cash will be freed up?

9. FIN 515 Education for Service-- tutorialrank.com