1)

17 years ago, Mini max Inc. issued 30 years to maturity zero-coupon bonds with a par value of 1,000. Now the bond has. a yield to maturity of 9.86 percent, compounded semi-annually. What is the current price of the bond?

Round the answer to two decimal places.

2)

El Dorado storage has the following projections for Year 1 of a capital budgeting project.

sales $203,538

Variable cost 4117,557

Fixed cost adn selling, general and administrative expenses $12,631

Depreciation Expense $11,879

Tax Rate 35%

Calculate the operating cash. flow for year 1. Round the answer to two decimal