A. One of the top business schools in America that you would like to attend has made an interesting offer: if you pay $100,000 in advance (refundable if you drop out), this will cover tuition, fees, books, and room and board for two years at a substantial discount. You will receive a very prestigious MBA, and should be able to find a job paying $75,000 to start. To come up with this amount of money, you need to choose whether or not to sell your 1,100 shares of Apple stock, your 100 corporate bonds (with $1,000 denominations, 12 years to maturity, 4.25% coupon rate, paid annually, and the current yield on similar bonds is 3.9%) or a combination of both. Provide the appropriate data and calculations that you would perform to make this decision. B. What are the advantages and disadvantages of selling a combination of stocks and bonds? Be sure to support your answers. C. Suppose that you choose to sell your stocks, bonds, or a combination of both. What is your choice, and what is your financial reasoning behind this choice? Consider supporting your answer with quantitative data. D. Suppose that you choose to accept the job with an annual starting salary of $45,000 per year. (Statistically, people in this field can anticipate doubling their salary within five years.) The job has good benefits and no relocation is necessary. However, you will not be able to attend your school. What is your financial reasoning behind this choice? Be sure to support your answer with quantitative data. II. Bonus Versus Stock A. The company has offered you a $5,000 bonus, which you may receive after completing 6 months on the job, (your current "required return" is 4%); or you may take another option on your date of hire, of 100 shares of the companys stock, which has a current stock price of $50 per share. Mathematically, what is the best choice? Why? (For this, please disregard the tax implications) B. What are the advantages and disadvantages of each option? Be sure to support your answers. C. What would you ultimately choose to do? What is your financial reasoning behind this choice? Consider supporting your answer with quantitative data. III. Compliance A. While investigating the shares offered to you by your potential boss, you discover that the company you are considering working for is being questioned by the SEC regarding some errors in a registration statement as required under the Securities Act of 1933. How does this influence you as a potential employee and as a potential shareholder? Be sure to reference any applicable statutes or laws. B. You know that accepting this job may eventually lead to a promotion into the role of the financial manager. As the potential financial manager, what federal and shareholder requirements would you need to be familiar with in order to ensure that you are being completely compliant?