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can I get the answer only no explanation 5. Caldwell Ltd. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds

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can I get the answer only no explanation

5. Caldwell Ltd. sold an issue of 30-year, $1,000 par value bonds to the public. The bonds carry a 10.85% coupon rate and pay interest semi-annually. It is now 12 years later. The current market rate of interest on the Caldwell bonds is 8.45%. What is the current market price (intrinsic value) of the bonds? Round off to the nearest $1. A. $751 B. $1,177 C. $1,220 D. $976 6. The Buffalo Philharmonic Orchestra is planning to present performances on two consecutive nights in January. It will cost them $5,000 per night for the musicians, theatre rental and event insurance. The theatre will also take 10% of gross ticket sales. How many tickets must they sell at $10.00 per ticket to break even? A. 1,000 tickets B. 1,112 tickets C. 1,223 tickets D. There is not enough information. 7. Which of the following are typical consequences of good capital budgeting decisions? A. The firm increases in value. B. The firm gains knowledge and experience that may be useful in future decisions. C. Good capital budgeting decisions help a company define its core competencies. D. All of the above. 8. Project H requires an initial investment of $100,000 and produces annual cash flows of $50,000, $40,000 and $30,000. Project T requires an initial investment of $100,000 and produces annual cash flows of $30,000, $40,000 and $50,000. If the required rate of return is greater than 0% and the projects are mutually exclusive. A. H will always be preferable to T. B. T will always be preferable to H. C. H and T are equally attractive. D. The project rankings will change with different discount rates. 9. Which of the following overhead expenses is a relevant, incremental cash flow? A. The project will represent 10% of the firm's revenues, so 10% of the CEO's compensation is allocated to the project. B. The project will occupy 10% of the firm's available space, so 10% of the firm's property insurance is allocated to the project. C. The project will increase the number of employees by 10%, so an additional human resources assistant must be hired to handle personnel issues directly related to the project. D. None of the expenses above should be allocated to the project

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