1.Your firm has the following income statement items. Sales of Kes 50,250,000, income tax of Kes1,744,000, operating expenses of Kes 8,750,000, cost of goods sold of Kes35,025,000, depreciation and amortization of Kes1,365,000, and interest expense of Kes750,000. For purposes of determining free cash flow, what is the amount of the firm's after-tax cash flow from operations?

2.You hold a portfolio with the following securities:

Percent

Securityof PortfolioBetaReturn

X Corporation20%1.3514%

Y Corporation35%0.9510%

Z Corporation45%0.758%

Compute the expected return and beta for the portfolio.

3.An investor, who just turned 51, wishes to places Kes 63,356.90 in a fund at the beginning of each year for 11 years. Assume the fund earns a rate of return of 7%, compounded annually. On his 62nd birthday, the investor plans to retire from his job, and live on his savings by withdrawing equal monthly payments from his fund. The investor will make withdrawals forever, every month [with payments will go to his kids when he dies, and his kids' kids after that, and so on]. Assume after he is 62, the fund is transferred to more conservative investments with a guaranteed annual rate of 4.08% compounded monthly. Please calculate the amount of the withdrawal this investor can make starting at age 62.

4.You are considering two investments. Investment A yields 10% compounded quarterly. Investment B yields r percent compounded semiannually. Both investments have equal annual yields. Find r

5.Dawn Swift discovered that twenty years ago, the average tuition for one year at an Ivy League school was Kes4,500. Today, the average cost is Kes29,000. What is the growth rate in tuition cost over this 20-year period? Round off to the nearest 0.1%.