1. You just purchased a house for 100,000 at a local county auction. You spent 50,000 to renovate the house and netted 160,000 after sale expenses. What is your ROI? 2. Five years ago, Shirley Harper bought a 10-year bond that pays 8 percent semiannually for 981.10. Today, she sold it for 1,067.22. What is the realized yield on her investment? 3. William took out a 30-year mortgage with an APR of 5.9%, compounding semi-annually. If the effective annual rate does not change, and William borrowed 300,000 to buy his home, then his monthly payment will be? 4. Financial management is primarily concerned with.... 5. What is your position on the goal of the firm? Justify your position. 6. Consider a coupon bond with a coupon rate of 10%. The face value amount is unknown. Suppose the bond is trading at a par. What can you say about yield to maturity of the bond? 7. What is the current price of an 8%, c100,000 corporate bond paying four coupons per year with exactly five years remaining and a market yield of 7.5%? 8. Mr. Owusu deposits 10,000 today and is promised a return of 17,000 in eight years. What is the implied annual rate of return? I 9. What is agency problem in corporations and identify three (3) ways to mitigate the cost. 10. Explain the documents indenture and Prospectus as used to facilitate investment decisions