(1) Determine the market value of a bond with a 10% annual coupon, face value $1000, with 8, 5 and 3 years to maturity, using k_d=8%. Show the magic buttons for all three calculations.

(2) A project has a $400,000 initial investment. The cash flows from the projects implementation are 60,000 for the first seven years, and $30,000 for the next seven years. Use i=10% Please calculate:

1. The Payback Period figure.
2. The discounted payback period.
3. The NPV of the project.

(iv) The profitability index of the project.

4. The IRR of the project.

Use (iii) above to determine if the project should be accepted.

(3) Find the current stock price in ten years (P₁₀), for a stock that is expected to pay a $5.00 dividend next year, and grow at a constant growth rate of 4%, with a required rate of return of 15%.