1)Singing Fish fine foods has $2,070,000 for capital investments this year and is considering two potential projects for the funds. Project One is updating the store's deli section for additional food service. The estimated after-tax cash flow of this project is $590,000 per year for the next five years. If the appropriate discount rate for the deli expansion is 9.7% and the appropraie discount rate for the wube section is 9.0% use the NPVto determine which project Singing Fish should choose for the store. Adjust the NPV for unequal lives with the equivulent annual annuity. Does the decision change?

SHOW WORK!!! (Round to the nearest cent)

A) If the appropriate discount rate for the deli expansion is 9.7%, what is the NPV of the deli expansion?

B) If the appropriate discount rate for the wine section is 9.0%, what is the NPV of the wine section?

C)Based on the NPV, Singing Fish Fine Foods should pick the wine section or deli expansion project?

D)What is the adjusted NPV equivalent annual annuity of the deli expansion?

E)What is the adjusted NPV equivalent annual annuity of the wine section?

F)Based on the adjusted NPV, Singing Fish Fine Foods should pick the wine section or deli expansion project?

G)Does the decision change? Yes or No?

2)Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend was was Div0=$0.30 per share. The's stock's trager is 13%. What is the stock's price if

SHOW WORK!!! (Round to the nearest cent)

A)the annual growth rate is 2%?

B)the annual growth rate is 4%?

C)the annual growth rate is 6%?

D)the annual growth rate is 8%?

E)the annual growth rate is 11%?

3) What is the yield of the following bonds if interest(coupon) is paid annually? (Round to two decimal places)

SHOW WORK !!!

A)Par Value-$1,000

Coupon Rate-6%

Years To Maturity-30

Yield To Maturity-?

Price-$690

B)Par Value-$5,000

Coupon Rate-9%

Years To Maturity-5

Yield To Maturity-?

Price-$5,400

C)Par Value-$5,000

Coupon Rate-5%

Years To Maturity-30

Yield To Maturity-?

Price-$3,310

D)Par Value-$5,000

Coupon Rate-8%

Years To Maturity-15

Yield To Maturity-?

Price-$3,900