Order custom papers, masters thesis and dissertation in 3 guided steps; human written!
Posted: March 2nd, 2023
Page 1 of 4 Goldey-Beacom College Corporate Finance (FIN623) I. Elsaify Final Exam Spring II, 2013 Warning You have promised, and are expected to, complete this Exam alone. You are not to discuss the Exam, or any part of it, in any way with anybody under any circumstances. Any evidence to the contrary will result in a failing grade in the course and a violation of the Academic Honor Code. Instructions: 1. Your Answer must be submitted by hand by 1:00pm Saturday, 4/27/2013 2. Your name must be written on every page. 3. Your Answer cannot exceed the Exam 4 pages. Page 2 of 4 1. (15 Points) Mr. Alert Tucker of Pleasant Valley, Ohio is an investor who is interested in allocating part of his portfolio to investment-grade corporate bonds with 15-year maturity. He recently received two proposals to choose from. Prudential: A 7% coupon bond that sells for $1,100. Coupon payments are made semiannually. Morgan Stanley: A 6% coupon bond that sells for $980. Coupon payments are made annually. a. Calculate each option YTM and CY. b. If Prudential bond can be called at the end of five years at a call value of 950, calculate YTC. c. If Morgan Stanley bond can be called at the end of seven years at a call value of 985, calculate YTC. Answer a. Bond N PMT FV PV I=YTM CY Prudential Morgan Stanley b. Bond N PMT CV PV YTC Prudential c. Bond N PMT CV PV YTC Morgan Stanley Page 3 of 4 2. (15 Points) DesinceLogic is a fast growing company that distributes 20% of its earnings as dividends. An institutional investor plans to hold the company stock for 10 years. The investor seeks 15% rate of return, and expects the stock to be traded at 30 times earnings at the end of 10 years. Current earning is $4/share (E0=4). Earning with grow at a rate of 21% during the first year, and decline by 3% every year during the following 4 years reaching 9% in year 5. The growth rate will continue to be 9% for the remaining 5 years. a. Use the combined earnings and dividend model to determine the current...
You Want Quality and That’s What We Deliver
We’ve put together our writing team with care, choosing talented writers who shine in their fields. Each one goes through a tough selection process, where we look for folks with deep expertise in specific subjects and a solid history of academic writing. They bring their own mix of know-how and flair to the table, making sure our content hits the mark—packed with info, easy to read, and perfect for college students like you.
We don’t do AI-written essays or copycat work—everything’s original. Competitive pricing is a big deal for us; we keep costs fair while delivering top-notch quality. Our writers are some of the best out there, and we charge rates that stack up well against other services. This means you get stellar content without draining your wallet. Our pricing is straightforward and honest, built to give you real value for your money. That’s why students turn to us for high-quality writing services that won’t break the bank.
Academic integrity is at the heart of what we do. Every paper starts from scratch, with original research and writing tailored just for you. We write 100% authentic—no plagiarism research essays. Our strict quality control process includes scanning every draft with top tools like SafeAssign and Turnitin, so you get a similarity score and proof of originality. We’re obsessive about proper citation and referencing too, crediting every source to keep things legit. It’s all about giving you peace of mind with content that meets the highest standards.
When you decide to place an order with Dissertation Writer, here is what happens: