1. Big Box retailing has a market capitalization of $350 million and 5 million shares outstanding. In order to finance its growth, the management of Big Box plans to raise further capital through a rights issue. All shareholders will be issued one right per share. For every five rights held by the stockholder, they can buy one share at a price of $17.00. How much money will this raise, if all shareholders exercise their rights?

2 .Trey purchases 75 shares of Turner stock for $100 per share. Trey pays $5,000 in cash and borrows $2,500 from his broker at 10 percent interest to complete the purchase. One year later, Trey sells the stock for $115 per share. Trey's return if the stock paid no dividends during the year is?

3) Given the following ATT Ltd. bond information: $1,000 par value, maturity Dec 22, 2023, semi-annual coupon 5.0 percent, price 105.50 and yield 6.8 percent. How much interest does it pay annually?