16One year ago, you puchased 172 shares of ABC stock for $51.21 per share. During the year, you receiveda dividend of $5.66 per share. Today, you sold all your shares for$55.29. What are the percentage return on your investment?

17Five years ago, ABC Company invested $52,338 in a machinery. The investment in net working capital was $8,588 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $15,938. The book value of the machinery is $16,024. The tax rate is 30 percent. What are the terminal cash flows in Year 5?

18

ABC Company purchased a new machinery 4 years ago for $66,430. Today, it is selling this equipment for $27,297. What is the after-tax salvage value if the tax rate is 26 percent?

The MACRS allowance percentages are as follows, commencing with year one: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.

19

Over the past six years, a stock had annual returns of 10 percent, 5 percent, 7 percent, 8 percent, 2 percent, and -11 percent, respectively. What is the standard deviation of these returns?

20

What is the project's initial investment outlay based on the following information: The machinery could be purchased for $29,268. Shipping and installation costs would cost another $1,633. The project would require an initial investment in net working capital of $2,679. The company's tax rate is 30%.