1- Houston Pumps recently reported $230,000 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciation. The company had $35,250 of outstanding bonds that carry a 6.75% interest rate, and its federal-plus-state income tax rate was 35%. In order to sustain its operations and thus generate future sales and cash flows, the firm was required to spend $15,250 to buy new fixed assets and to invest $6,850 in net working capital. What was the firm's free cash flow? Round your answer to the nearest penny (1 cent).

2-Radoski Corporation's bonds make an annual coupon payment of 7.35% every year. The bonds have a par value of $1,000, a current price of $1,270, and mature in 12 years. What is the yield to maturity on these bonds? Note: Round to 2 decimal places.

3-Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (kd) is 7.90%, based on semiannual compounding. What is the bonds price? Round to the nearest penny (1 cent).

4-Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.50% per year. The required rate of return on the stock, ks, is 11.50%. What is the stock's expected price 5 years from now?

5-Wang Inc.s complete business value is $550 million. Its balance sheet shows $100 million notes payable, $200 million of long-term debt, $40 million of common stock, and $160 million of retained earnings. What is the best estimate for the market value of the firms equity, in millions?