I would very much appreciate some quick help with these questions. I have only one hours -- exams.

QUESTIONS: 1. The Lincoln Co. sold $1,000 par value noncallable bonds years ago. Now 20 years later to maturity and a 7.00% annual coupon that is paid semiannually. Bond sells for $925 and tax rate is 40%. What is the component cost of debt for use in the WACC calculation? 2. Company is considering projects S and L. Cash flow are shown below. Projects are mutually exclusive, equally risky, and not repeatable. If decision is made by choosing the project with the higher MIRR than the one with higher NPV, how much value will be foregone? Under such conditions choosing projects on the basis of MIRR will case $0.0 value to be lost. r: 8.75% YEAR 0 1 2 3 4 CFs -$1,110 $375 $375 $375 $375 CFL -$2,200 $725 $725 $725 $725 (a) $38.75; (b) $42.16; (c) $32.12; (d) $35.33; e $40.15 3. McLeod is considering an investment with expected return of15% and standard deviation of 10%. What is the investment coefficient? (a) 0.81; b 0.73; c 0.98; d 0.67; e 0.89 4. Last year company had a FA/Sales ratio of 40%, comprised of $250 million of sales and $100 million of fixed assets, using 75% capacity. Company developing financial forecast for coming year and wants to set its target Fixed Assets/Sales ratio at level it would have had had been operating at full capacity. What target FA/Sales ratio should the company set. (a) 31.5%; b 34.7%; c 28.5%; d 30.0%, e 33.1%. 5. North construction had $850 million sales last year; $425 of fixed assets were used at only 60% capacity. What is the maximum sales growth rate North could achieve before it had to increase its fixed assets? (a) 66.67%; b 54.30%; c 57.16%; d 60.17%; e 63.33% 6. Yesterday Berryman Investments was selling for $90/share. Today, completed a 7-for-2 stock split. If total market value was unchanged, what is the price of stock today? (a) 23.21; b $27.00; c $28.35; d $25.71; e $24.43 7. Anson Jackson Court Co. has $200,000 market value (and book value) of perpetual debt outstanding carrying a coupon rate of 6%. EBIT are $100,000 and zero growth company. AJC current cost of equity is8.8% and tax rate is 40%. Firm has 1,000 shares of common stock selling at$60.00/share. What is AJC's current total market value and WACC? (a) $600,000; 7.5% (b) $600,000; 8.0% (c) $800,000; 8.0% (d) $800,000; 7.5% (e) $800,000; 7.0% 8. Monar CFO wants to decrease cash conversion cycle by 10 days (based on 365 year). Average inventory carried is $750,000. Annual sales ae $10 million, cost of goods sold is 75% of annual sales, and avg. collection period is twice as long as its inventory conversion period. Firm buys on terms of net 30 days, and pays on time. CFO believes he can reduce avg. inventory to $647,260 with no effect on sales. By how much must the firm also reduce its accounts receivable to meet its goal in the reduction of the cash conversion cycle? (a) $151,027 (b) $136,986 (c) $123,630 (d) $130,137 (e) $143,836 9. Company offers credit terms of 4/30, net 90 days. What will be the nominal annual percentage cost of its non-free trade credit if it pays 120 days after the purchase (365 days). (a) 19.56% (b) 17.74% (c) 18.63% (d) 16.05% (e) 16.90% (b)