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6. How do you calculate a company s net profit margin? Your Company has an old machine to sell. It has a salvage value of

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6. How do you calculate a company s net profit margin? Your Company has an old machine to sell. It has a salvage value of $40,000 at this moment. You sold it for $60,000. The corporate tax rate is 35%. What is the cash flow you get from sale of the machine? 7. Your credit card has a 19.99% APR. It is compounded daily, what is your EAR (Effective Annual Rate)? You must show your work 8. 9. What are the three types of financial asset? 10. You purchased a AAA bond today at 97% of its par. It matures in 2030 and has a coupon rate of 6%. What is the Yield of Maturity of this bond

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