I am sorry about that. I tired to put them in order as best as possible.

that was the entire question but its okay. Thank you

CASE A (30 Marks) Joe Brown is the owner of a successful clothes store in Miami. Although John is an excellent entrepreneur he is fascinated with finance and gets involved in a lot of trading in stocks and fixed-income securities and in particular bonds. His fascination has led him to manage his own portfolio which has grown significantly. His expertise has given him a good grasp of the more advanced strategies and techniques in finance. Joe is thinking of immunizing a large portion of his fixed income portfolio. He is planning to en-cash this part of his portfolio in approximately seven years and use it to buy a boat. In an effort to achieve this, John has identified four corporate bonds, each with a $50,000 investment, totaling $200,000. The par value of these bonds is $1,000. The bonds are listed as follows and are ANNUAL Coupon bonds: CASE B (25 Marks) Part (0) A dividend of $3.00 per share was paid out this year to the shareholders of Jamaica Private Services (UPS). The Moneyberry brokerage firm recently issued a report indicating that it was, in their opinion JPS's arrival dividend should grow at a rate of 10% per annum for each of the next five years and then level off at a constant growth rate of 6% per year thereafter. 1. If the required tate of retum is 12%, find the maximum price you would be willing to pay for the stock 13 Mars 2. If the stock's growth rate after year 5 was zero instead of 6% and all other information remained the same, what would the current intrinsic value of the stock? ( 4 Marks) 3. Compare and comment on the two stock values calculated above and briefly discuss why they are different. now. CASEC (25 Marks) Part A USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) 31-Dec- 31-Dec-31-Dec-31-Dec- 03 03 04 04 Stock Price Shares Price Shares w $ 75.00 10000 $50.00 20000 $150.00 5000 $65.00 10000 CASED (20 Marks) Part 1 Kindly see information given for the T&T Stock exchange over the last 3 days. Day No. of stks No. of Stks Vol shares Vol. shares rising in Price falling in Pr. rising Pr. falling Pr. 1 350 150 850 mn 420 mn 2 275 225 450 mn 725 mn 3 260 240 850 mm 420 mn > CASE A (30 Marks) Joe Brown is the owner of a successful clothes store in Miami. Although John is an excellent entrepreneur he is fascinated with finance and gets involved in a lot of trading in stocks and fixed-income securities and in particular bonds. His fascination has led him to manage his own portfolio which has grown significantly. His expertise has given him a good grasp of the more advanced strategies and techniques in finance. Joe is thinking of immunizing a large portion of his fixed income portfolio. He is planning to en-cash this part of his portfolio in approximately seven years and use it to buy a boat. In an effort to achieve this, John has identified four corporate bonds, each with a $50,000 investment, totaling $200,000. The par value of these bonds is $1,000. The bonds are listed as follows and are ANNUAL Coupon bonds: 2 Calculate the Macaulay and modified duration for each bond in the portfolio. (Use the YIM roles calculated in question 1 above as your discount rate) (8 marks) Partii Balmar Corporation bonds have a $1,000 face value and will mature in 4 years. The bonds have a 7% coupon rate. Interest is paid annually and the required rate of return is 6 percent for these bonds 2. What is the price of the Balmar corporate bonds 14 Marks) What is the Macaulay duration of the Balmar corporate bonds? (6 Marks) What is the Modified duration of the Balmor corporate bonds 12 Marks) 3. If interest rates increase 50 basis points, what will be the new price for the Balmar bond CASE B (25 Marks) Part (1) A dividend of $3.00 per share was paid out this year to the shareholders of Jamaica Private Services (JPS). The Moneyberry brokerage firm recently issued a report indicating that it was in their opinion JPS's annual dividend should grow at a rate of 10% per annum for each of the next five years and then level off at a constant growth rate of 6% per year thereafter. 1. If the required rate of return is 12%, find the maximum price you would be willing to pay for the stock now. 13 Marks) 2. If the stock's growth rate after year 5 was zero instead of 6% and all other information remained the same, what would the current Intrinsic value of the stock ( 4 Marks) 3. Compare and comment on the two stock values calculated above and briefly discuss why they are different 13 Marks Part (1) Assume there are three companies that paid similar dividends in the past year of $2.25. Strangely enough all three companies have similar required rate of return of 10%. Additionally, the futute estimated annual growth rate of the dividends for each of the three companies is as follows: BAU Limited SELLImited GB Group Limited Growth = 0 Growth = 6 Year 1 $2:53 Dividends ore for the foreseeable $2.85 expected to stay future 3 $3.20 at $2.25 per $3.60 Years and havond rowth = 5 4 Assume there are three companies that paid similar dividends in the past year of $2.25. Strangely enou all three companies have similar required rate of return of 10%. Additionally, the future estimated annual growth rate of the dividends for each of the three companies is as follows: BAU Limited SFL Limited GB Group Limited Growth = 0 Growth = 6% Year 1 $2.53 Dividends are for the foreseeable 2 $2.85 expected to stay future 3 $3.20 at $2.25 per 4 $3.60 share. Year 5 and beyond: growth = 6% 1. What is the value of each of these companiese 16 Marks) 2. Comment briefly on the comparative values of the companies with emphasis on the cause of the major variation among them. 14 Marks) part (10) Sampson Software stock sells at a pre ratio of 21 times earings, it is expected to pay dividends of $2.00 por share in each of the next 5 years and generate an EPS of $5.00 in year 5. If the discount rate is 12% hant stocks Value Marks future expected to stay at $2.25 per share. $3.20 $3.60 Year 5 and beyond: growth = 8% 1. What is the value of each of these companies [ 6 Marks) 2. Comment briefly on the comparative values of the companies with emphasis on the cause of the malor variation among them. (4 Marks) Part (0) Sompson Software stock solls at a P/E ratio of 21 times earings, it is expected to pay dividends of $2.00 per share in each of the next 5 years and generate an EPS of $5.00 in year 5. If the discount rate is 125 compute the current stock value. 15 Marks) CASE C (25 Marks) Part A USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEMS 31-Dec. 31-Dec-31-Dec-31-Dec- 03 03 04 04 Stock Price Shares Price Shares W $75.00 10000 $50.00 20000 $150.00 5000 65001008 31-Dec-31-Dec-31-Dec-31-Dec- 03 03 04 04 Stock Price Shares Price Shares W $ 75,00 10000 $50.00 20000 $150.00 5000 $65.00 10000 Y $ 25.00 20000 $35.00 20000 2 $ 40.00 25000 $50.00 25000 Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003. (a) Calculate the price weighted series for Dec 31, 2003, prior to the splits. [2 Marks) (b) Calculate the price weighted series for Dec 31, 2003, after the splits 13 Marks) (c) Calculate the price weighted series for Dec 31, 2004 12 Marks) (d) Calculate the value weighted Index for Dec 31, 2004. Assume a base Index value of 100. The base year is Dec 31, 2003 (3 Marks) el Calculate the percentage return the value weighted index for the period Dec 31, 2003 to Dec 31 2004 12 Marks Tor Dec 31, 2004. Assume a base Index vol 100 year is Dec 31, 2003, 13 Marks) le) - Calculate the percentage retum in the value weighted index for the period Dec 31, 2003 to Decal 2004 12 Marks) Part B. You are given the following information regarding prices for a sample of stocks: Stock Price 2013 Price 2010 $46 $ 40 $50 37 36 10 23 7 D 59 61 26 82 70 45 32 30 32 Divisor 0.70 0.72 lol Assuring all stocks have the same number of stocks outstanding, calculate the market Index for all years using the same methodology used to calculate the Jamaica Stock Market Index Base index value is lo 1.00 CASED (20 Marks) Part 1 Kindly see information given for the T&T Stock exchange over the last 3 days Day No. of stks No. of Siksvol shares rising in Price falling in Pa rising PL 350 150 850 mn 275 450 m 260 240 850 mm Vol. shares falling Pr 420 mn 725 mn 420.mn 1 225 2 3 ID Which days would you consider bullish or bearisha Explain) (6 Marks) Fynlain the content of movine vormwit inte orien mokinn w 31876 970-5836 (876) 970-5197 E-mai:ter supportautech.edw.jm 212 (0) (II) Which days would you consider bullish or bearisha Explain) (6 Marks) Explain the concept of moving average and how it aids decision making. (5 Marks) Part 2 Seprod stock recently closed at $52.51. Assume that you write a covered call on Seprod by writing a March call with a strike price of $55, and buying 100 shares at the market price. The option premium is $3.70 per stock. (a) What is the total profit if the stock price remain unchanged (3 Marks) (b) What is the total profit loss if the stock price goes up to $55 (3 Marks) (c) What is the total profil loss if the stock price goes down to $498 (3 Marks) CASE A (30 Marks) Joe Brown is the owner of a successful clothes store in Miami. Although John is an excellent entrepreneur he is fascinated with finance and gets involved in a lot of trading in stocks and fixed-income securities and in particular bonds. His fascination has led him to manage his own portfolio which has grown significantly. His expertise has given him a good grasp of the more advanced strategies and techniques in finance. Joe is thinking of immunizing a large portion of his fixed income portfolio. He is planning to en-cash this part of his portfolio in approximately seven years and use it to buy a boat. In an effort to achieve this, John has identified four corporate bonds, each with a $50,000 investment, totaling $200,000. The par value of these bonds is $1,000. The bonds are listed as follows and are ANNUAL Coupon bonds: CASE B (25 Marks) Part (0) A dividend of $3.00 per share was paid out this year to the shareholders of Jamaica Private Services (UPS). The Moneyberry brokerage firm recently issued a report indicating that it was, in their opinion JPS's arrival dividend should grow at a rate of 10% per annum for each of the next five years and then level off at a constant growth rate of 6% per year thereafter. 1. If the required tate of retum is 12%, find the maximum price you would be willing to pay for the stock 13 Mars 2. If the stock's growth rate after year 5 was zero instead of 6% and all other information remained the same, what would the current intrinsic value of the stock? ( 4 Marks) 3. Compare and comment on the two stock values calculated above and briefly discuss why they are different. now. CASEC (25 Marks) Part A USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) 31-Dec- 31-Dec-31-Dec-31-Dec- 03 03 04 04 Stock Price Shares Price Shares w $ 75.00 10000 $50.00 20000 $150.00 5000 $65.00 10000 CASED (20 Marks) Part 1 Kindly see information given for the T&T Stock exchange over the last 3 days. Day No. of stks No. of Stks Vol shares Vol. shares rising in Price falling in Pr. rising Pr. falling Pr. 1 350 150 850 mn 420 mn 2 275 225 450 mn 725 mn 3 260 240 850 mm 420 mn > CASE A (30 Marks) Joe Brown is the owner of a successful clothes store in Miami. Although John is an excellent entrepreneur he is fascinated with finance and gets involved in a lot of trading in stocks and fixed-income securities and in particular bonds. His fascination has led him to manage his own portfolio which has grown significantly. His expertise has given him a good grasp of the more advanced strategies and techniques in finance. Joe is thinking of immunizing a large portion of his fixed income portfolio. He is planning to en-cash this part of his portfolio in approximately seven years and use it to buy a boat. In an effort to achieve this, John has identified four corporate bonds, each with a $50,000 investment, totaling $200,000. The par value of these bonds is $1,000. The bonds are listed as follows and are ANNUAL Coupon bonds: 2 Calculate the Macaulay and modified duration for each bond in the portfolio. (Use the YIM roles calculated in question 1 above as your discount rate) (8 marks) Partii Balmar Corporation bonds have a $1,000 face value and will mature in 4 years. The bonds have a 7% coupon rate. Interest is paid annually and the required rate of return is 6 percent for these bonds 2. What is the price of the Balmar corporate bonds 14 Marks) What is the Macaulay duration of the Balmar corporate bonds? (6 Marks) What is the Modified duration of the Balmor corporate bonds 12 Marks) 3. If interest rates increase 50 basis points, what will be the new price for the Balmar bond CASE B (25 Marks) Part (1) A dividend of $3.00 per share was paid out this year to the shareholders of Jamaica Private Services (JPS). The Moneyberry brokerage firm recently issued a report indicating that it was in their opinion JPS's annual dividend should grow at a rate of 10% per annum for each of the next five years and then level off at a constant growth rate of 6% per year thereafter. 1. If the required rate of return is 12%, find the maximum price you would be willing to pay for the stock now. 13 Marks) 2. If the stock's growth rate after year 5 was zero instead of 6% and all other information remained the same, what would the current Intrinsic value of the stock ( 4 Marks) 3. Compare and comment on the two stock values calculated above and briefly discuss why they are different 13 Marks Part (1) Assume there are three companies that paid similar dividends in the past year of $2.25. Strangely enough all three companies have similar required rate of return of 10%. Additionally, the futute estimated annual growth rate of the dividends for each of the three companies is as follows: BAU Limited SELLImited GB Group Limited Growth = 0 Growth = 6 Year 1 $2:53 Dividends ore for the foreseeable $2.85 expected to stay future 3 $3.20 at $2.25 per $3.60 Years and havond rowth = 5 4 Assume there are three companies that paid similar dividends in the past year of $2.25. Strangely enou all three companies have similar required rate of return of 10%. Additionally, the future estimated annual growth rate of the dividends for each of the three companies is as follows: BAU Limited SFL Limited GB Group Limited Growth = 0 Growth = 6% Year 1 $2.53 Dividends are for the foreseeable 2 $2.85 expected to stay future 3 $3.20 at $2.25 per 4 $3.60 share. Year 5 and beyond: growth = 6% 1. What is the value of each of these companiese 16 Marks) 2. Comment briefly on the comparative values of the companies with emphasis on the cause of the major variation among them. 14 Marks) part (10) Sampson Software stock sells at a pre ratio of 21 times earings, it is expected to pay dividends of $2.00 por share in each of the next 5 years and generate an EPS of $5.00 in year 5. If the discount rate is 12% hant stocks Value Marks future expected to stay at $2.25 per share. $3.20 $3.60 Year 5 and beyond: growth = 8% 1. What is the value of each of these companies [ 6 Marks) 2. Comment briefly on the comparative values of the companies with emphasis on the cause of the malor variation among them. (4 Marks) Part (0) Sompson Software stock solls at a P/E ratio of 21 times earings, it is expected to pay dividends of $2.00 per share in each of the next 5 years and generate an EPS of $5.00 in year 5. If the discount rate is 125 compute the current stock value. 15 Marks) CASE C (25 Marks) Part A USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEMS 31-Dec. 31-Dec-31-Dec-31-Dec- 03 03 04 04 Stock Price Shares Price Shares W $75.00 10000 $50.00 20000 $150.00 5000 65001008 31-Dec-31-Dec-31-Dec-31-Dec- 03 03 04 04 Stock Price Shares Price Shares W $ 75,00 10000 $50.00 20000 $150.00 5000 $65.00 10000 Y $ 25.00 20000 $35.00 20000 2 $ 40.00 25000 $50.00 25000 Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003. (a) Calculate the price weighted series for Dec 31, 2003, prior to the splits. [2 Marks) (b) Calculate the price weighted series for Dec 31, 2003, after the splits 13 Marks) (c) Calculate the price weighted series for Dec 31, 2004 12 Marks) (d) Calculate the value weighted Index for Dec 31, 2004. Assume a base Index value of 100. The base year is Dec 31, 2003 (3 Marks) el Calculate the percentage return the value weighted index for the period Dec 31, 2003 to Dec 31 2004 12 Marks Tor Dec 31, 2004. Assume a base Index vol 100 year is Dec 31, 2003, 13 Marks) le) - Calculate the percentage retum in the value weighted index for the period Dec 31, 2003 to Decal 2004 12 Marks) Part B. You are given the following information regarding prices for a sample of stocks: Stock Price 2013 Price 2010 $46 $ 40 $50 37 36 10 23 7 D 59 61 26 82 70 45 32 30 32 Divisor 0.70 0.72 lol Assuring all stocks have the same number of stocks outstanding, calculate the market Index for all years using the same methodology used to calculate the Jamaica Stock Market Index Base index value is lo 1.00 CASED (20 Marks) Part 1 Kindly see information given for the T&T Stock exchange over the last 3 days Day No. of stks No. of Siksvol shares rising in Price falling in Pa rising PL 350 150 850 mn 275 450 m 260 240 850 mm Vol. shares falling Pr 420 mn 725 mn 420.mn 1 225 2 3 ID Which days would you consider bullish or bearisha Explain) (6 Marks) Fynlain the content of movine vormwit inte orien mokinn w 31876 970-5836 (876) 970-5197 E-mai:ter supportautech.edw.jm 212 (0) (II) Which days would you consider bullish or bearisha Explain) (6 Marks) Explain the concept of moving average and how it aids decision making. (5 Marks) Part 2 Seprod stock recently closed at $52.51. Assume that you write a covered call on Seprod by writing a March call with a strike price of $55, and buying 100 shares at the market price. The option premium is $3.70 per stock. (a) What is the total profit if the stock price remain unchanged (3 Marks) (b) What is the total profit loss if the stock price goes up to $55 (3 Marks) (c) What is the total profil loss if the stock price goes down to $498