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please input all information in order to enter in spreadsheet and show work not FV Managerial Finance 410 Spreadsheet Assignment #1 Instructions: You are to
please input all information in order to enter in spreadsheet and show work
not FV
Managerial Finance 410 Spreadsheet Assignment #1 Instructions: You are to use the Assignment Spreadsheet #1 to answer the following questions. No "Values-Only" Spreadsheet with the Solutions is going to be provided for this exercise, however, the final dollar-value or percentage answer is provided for your verification purposes. Thus, it is critical that you correctly fill in all required cells as part of the COMPLETE answer. 1) In the LILAC cell type the corresponding Question Number. 2) In the YELLOW cells enter the Variables required to calculate both the EQUATION! BASED ANSWER and the FUNCTION. 3) Highlight the appropriate cell in BRIGHT GREEN that contains the EQUATION-BASED ANSWER 4) Insert the appropriate FUNCTION in the PALE BLUE cell. 5) Copy the FUNCTION from its cell into the adjacent TAN cell and convert it into text. 6) PV Answers calculated using an Excel FUNCTION must be shown as a negative number, Round all dollar amounts in answers to the nearest $0.01 (cent). If not specifically mentioned, assume returns are annually compounded and that any payments or deposits are received or made at the end of the period. Q4. Congratulations, you have matched four numbers in the Louisiana State Lottery. You have two choices as to how you may receive your prize, described below. Verify that you are indifferent between the two alternative payout schemes if your required return on investments of similar risk is 5.50%. Alternative 1: You receive an after-tax prize of $84,176.87, today. Alternative 2: You would receive a quarterly, after-tax prize of $2,750 every three months for the next ten years. Answer: 5.50%. Note: There are three approaches that could be used to answer this question. I would suggest that you save this problem for last, to see which of the ten spreadsheet solutions have not been used. Extra Credit: Determine the two additional approaches that could also be used to answer this question. Enter the Complete Alternative Answers in Cells (G46) and (G48) and Functions (in cells H46 and H48) to receive full extra credit. Hint: You should be able to use previously-determined functions (albeit with a little modification) and use COPY as we did in class to do this extra credit. E.C. Alternate 1 Answer: $84,176.87. E.C. Alternate 2 Answer: $2,750.00. Managerial Finance 410 Spreadsheet Assignment #1 Instructions: You are to use the Assignment Spreadsheet #1 to answer the following questions. No "Values-Only" Spreadsheet with the Solutions is going to be provided for this exercise, however, the final dollar-value or percentage answer is provided for your verification purposes. Thus, it is critical that you correctly fill in all required cells as part of the COMPLETE answer. 1) In the LILAC cell type the corresponding Question Number. 2) In the YELLOW cells enter the Variables required to calculate both the EQUATION! BASED ANSWER and the FUNCTION. 3) Highlight the appropriate cell in BRIGHT GREEN that contains the EQUATION-BASED ANSWER 4) Insert the appropriate FUNCTION in the PALE BLUE cell. 5) Copy the FUNCTION from its cell into the adjacent TAN cell and convert it into text. 6) PV Answers calculated using an Excel FUNCTION must be shown as a negative number, Round all dollar amounts in answers to the nearest $0.01 (cent). If not specifically mentioned, assume returns are annually compounded and that any payments or deposits are received or made at the end of the period. Q4. Congratulations, you have matched four numbers in the Louisiana State Lottery. You have two choices as to how you may receive your prize, described below. Verify that you are indifferent between the two alternative payout schemes if your required return on investments of similar risk is 5.50%. Alternative 1: You receive an after-tax prize of $84,176.87, today. Alternative 2: You would receive a quarterly, after-tax prize of $2,750 every three months for the next ten years. Answer: 5.50%. Note: There are three approaches that could be used to answer this question. I would suggest that you save this problem for last, to see which of the ten spreadsheet solutions have not been used. Extra Credit: Determine the two additional approaches that could also be used to answer this question. Enter the Complete Alternative Answers in Cells (G46) and (G48) and Functions (in cells H46 and H48) to receive full extra credit. Hint: You should be able to use previously-determined functions (albeit with a little modification) and use COPY as we did in class to do this extra credit. E.C. Alternate 1 Answer: $84,176.87. E.C. Alternate 2 Answer: $2,750.00 Step by Step Solution
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