1.

Question 7.3 Homework ' Unanswered The internal rate of return for the following cash flows is closest to: {state your answer as a percentage to two decimal places: 10.52 not .1052] Type your numeric answer and submit Unanswered - Estternpleft 11 Submit Question 7.4 Homework . Answered Given the following projects, use the profitability index to rank them from highest to lowest. Project A C Cos $45.80 $92.68 $62.90 Present Value 147.23 194.45 165.35 Discount Rate 9.804 9.654 10 12%% Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a C, A, B b B, A, C C A, C, B X Your answer Hint X Compare the present value of the future cash flows with the cost, rank from highest to lowest. Answered - Incorrect . 1 attempt left Resubmit Question 8.1 Homework . Answered Companies generally initiate dividends to shareholders when the business reaches Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a the growth stage. b the mature stage. C the declining stage. Answered . 1 attempt left ResubmitQuestion 8.2 Homework . Answered Digby owns 240 shares of Quantex with a market value of $5,940. Quantex has just announced a 3 for 2 stock split. Assuming the value of Digby's holdings stays the same until the split is recorded, what would the price of Quantex be on the day of record? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $24.75 b $16.50 C $37.13 Answered . 1 attempt left Resubmit... Question 8.3 Homework . Unanswered Which of the following is not an advantage of stock repurchases versus cash dividends: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a The shareholder chooses when to incur the tax liability. b Earnings per share rises, all else equal. C Shareholders must sell their stock if the company is repurchasing it. Unanswered . 2 attempts left SubmitQuestion 7.4 Homework . Unanswered Many executives own shares in the companies they manage and are also in high tax brackets. When faced with the choice between declaring dividends and repurchasing shares, managers may opt to repurchase shares as it is not a taxable event for them unless they sell their shares and with fewer shares outstanding, the stock price will likely rise. The company's investors may prefer dividend payments. Given the discussion in the introduction to the course, this is an example of what theory in action? Type your answer and submit Unanswered . 2 attempts left SubmitQuestion 7.1 Homework . Answered Given the following cash flows and a discount rate of 9.5%, the net present value is closest to: CFO (27.50) CF1 8.75 CF2 11.30 CF3 14.90 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $1.26 b $28.76 C $7.45 Hint X Discount cash flows 1-3 and compare to cash flow 0 Answered - Incorrect . 1 attempt left Resubmit