11)For the problems below, complete the table given the following information and select the best answer for PV below:

Problem Number	PV	FV	r	n
a.	___	$100	.10	1
b.	___	$150	.10	2
c.	___	$150	.12	1
d.	___	$150	.12	20
e.	___	$150	.155	5

a. $72.98; b. $15.55; c. $133.97; d. $123.97; and e. $90.91

a. $133.97; b. $123.97; c. $90.91; d. $72.98; and e. $15.55

a.$15.55; b. $72.98; c. $90.91; d. $123.97; and e. $133. 97

e. a. $90.91; b. $123.97; c. $133.97; d. $15.55; and e. $72.98

12)For problems 26-28, complete the table given the following information:

Problem Number	PV	FV	r	n
a.	$100	$110.00	___	1
b.	$150	$169.50	___	1
c.	$200	$213.00	___	1

a. 10%; b. 13%; and c. 6.5%

a. 6.5%; b. 10%; and c. 13%

a. 13%; b. 10%; and c. 6.5%

a. 6.5%; b. 13%; and c. 10%

13)For problems 1- 5, complete the table given the following information using Formula 4.8 in your text:

Problem Number	PVA	A	n	r
1.	___	$100	2	.10
2.	___	$100	5	.10
3.	___	$100	2	.17
4.	___	$100	20	.10
5.	___	$100	5	.105

a. 1. $158.52; 2. $173.55; 3. $374.29; 4. $379.08; and 4. $1,277.03

b. 1. $1,277.03; 2. $379.08; 3. $374.29; 4. $173.55; 5. $158.52

c. 1. $158.52; 2. $374.29; 3. $379.08; 4. $173.55; 5. $1,277.03

d. 1. $173.55; 2. $379.08; 3. $158.52; 4. $1,277.03; and 5. $374.29

14)For problems 1 - 5, complete the table given the following information and Formula 4.9 in text and select the best answer for each below:

Problem Number	FVA	A	n	r
1.	___	$100	2	.10
2.	___	$100	5	.10
3.	___	$100	20	.10
4.	___	$100	2	.20
5.	___	$100	20	.20

a. 1.$210.00; 2. $220.00; 3. $610.51; 4. $5,727.50; and $18,668.80

b.1. $18,668.80; 2. $5,727.50; 3.$610.51; 4. $220.00; and 5. $210.00

c. 1. $210.00; 2. $610.51; 3. $5,727.50; 4. $220.00; and 5. $18,668.80

1. $210.00; 2. $610.51; 3. 220.00; 4. $18,668.80; and 5. $5,727.50

15)For problems 1 - 5, fill in the missing information using Formula 5.8 in text select the best answer below:

Problem Number	P 0	DIV 1	r	g
1.		$1.00	.10	.05
2.		$1.00	.12	.11
3.		$1.00	.09	.01
4.		$1.00	.09	.08
5.		$1.00	.19	.02

a. 1. $5.88; 2.$12.50; 3. $20.00; 4. $100.00; and 5. $150.00

b. 1. $150.00; 2. $100.00; 3. $20.00; 4. $12.50; and 5. $5.88

c. 1. $20.00; 2. $100.00; 3. $12.50; 4. $150.00; and 5. $5.88

d. 1. $12.50; 2. $20.00; 3. $5.88; 4. $100.00; and 5. $150.00

16)Assume that there is a call option on ABC Corp. with a strike price of $100 and an expiration date of June 18. What would the call option be worth on June 18 if the stock is worth:

$112

$102

$92

$100

a. $0, $0, $2, and $12

b. $24, $4, $0 and $0

c. $12, $2, $0, and $0

d. $36, $6, $0, and $0

18)Given the following cash flows, determine the net present value (NPV), profitability index (PI), internal rate of return (IRR), and payback for each of the following five projects (assume a discount rate of 10%):

Project	C0	C1	C2	C3
A	-$100	$ 0	$ 0	$145
B	-$100	$115	$ 0	$ 0
C	-$100	$230	-$120	$ 0
D	-$ 45	$ 20	$ 20	$ 20
E	-$100	$ 30	$ 30	$ 90

19)Your firm is considering the purchase of a machine that costs $10,000. The machine has a useful life of 5 years over which it will be depreciated using straight-line depreciation assuming zero salvage value. During the life of the machine, it is expected to generate revenues of $8,000 and cost $3,000 each year. What is the after tax cash flow in year 3, assuming a tax rate of 30%?

a. $2,100

b. $3,100

c. $4,100

d. $5,100

e. $6,100

20)In a particular year, a project generates cash inflows of $20,000 and project outflows of $12,000. If the tax rate is 34%, and if the after tax cash flow is $6,300, what is the depreciation amount in that year?

a. $3,000

b. 3,200

c. $3,500

d. $4,000

e. $4,500