1.Calculate the cost of new common equity financing of stock R using Gordon Model

Round the answers to two decimal places in percentage form (Write the percentage sign in the "units" box)

Last Year Dividend	Growth Rate of Dividends	Selling Price of Stock	Floatation Costs	Cost of Common Equity
Stock R	$1.29	7.0%	$60.65	$4.29	?

2.Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling for $1,377. it has an annual coupon rate of 16.09 percent, paid semiannually, and has 14-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?

Round to the nearest two decimals.

3. Deep Waters, Inc is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $335,200. The project will produce the following after-tax cash inflows of

Year 1: 121,100

Year 2: 168,200

Year 3: 168,600

Year 4 182,600

Round the answer to two decimal places in percentage form.

4.Cheeseburger and Taco Company purchases 17,079 boxes of cheese each year. It cost $17 to place and ship each order and 7.41 per year for each box held as inventory. The company uses Economic order quantity model in placing the orders. How many orders will be placed each year? Round the answer to the whole number.

5.Marco Chip, INC. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 29 years and a yield to maturity of 10.13 %, compounded semi- annually. What is the current price of the bond?