Please see the attached. These questions are pretty repetitive. I don't need solutions... I just need answers. Thank you.

1. What is the value of a bond that has a par value of $1,000, a coupon rate of 17.24 percent (paid annually), and that matures in 8 years? Assume a required rate of return on this bond is 13.53 percent. 2. General Mills has a $1,000 par value, 12-year bond outstanding with an annual coupon rate of 3.60 percent per year, paid semiannually. Market interest rates on similar bonds are 12.70 percent. Calculate the bond's price today. 3. Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 25 years and a yield to maturity of 8.29 percent, compounded semiannually. What is the current price of the bond? 4. What is the yield to maturity of a 23-year bond that pays a coupon rate of 8.25% per year, has a $1,000 par value, and is currently priced at $1,298.05? Assume semi-annual coupon payments. Round the answer to two decimal places in percentage form 5. Dan is going to buy a 19-year bond that pays a coupon rate of 11.56% per year, and has a $1,000 par value. The bond currently priced at $1,326.92? What is the yield to maturity of this bond? Assume annual coupon payments. 6. Try to determine the required rate of return on Mary Farm Corporation's common stock. The firm's beta is 1.6. The rate on a 10-year treasury bond is 2.38 percent, and the market return is 8.06 percent. 7. You hold a portfolio with the following securities: Security Percent of portfolio Beta Stock A 23% 1.50 Stock B 48% 1.32 Stock C 29% 1.87 Calculate the beta portfolio. 8. Calculate the expected return on stock: State of the economy Probability of the state Percentage returns on stock Economic recession 25% -8.5% Boom 12% 15.6% Steady economic growth 63% 3.4% 9. The Black Bear Company just paid an annual dividend of $5.98. If you expect a constant growth rate of 8% percent, and have a required rate of return of 12.65 percent, what is the current stock price according to the constant growth dividend model (Gordon model)? 10. You are considering the purchase of a share of Blue Grass, Inc. common stock. You expect to sell it at the end of one year for $87 per share. You will also receive a dividend of $5.36 per share at the end of the next year. If your required return on this stock is 7.39 percent, what is the most you would be willing to pay for Blue Grass, Inc. common stock now? 11. Given the following information on Big Brothers, Inc. capital structure, compute the company's weighted average cost of capital (WACC). The company's marginal tax rate is 40%. Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box) Type of Capital Percent of Capital Structure Before-Tax Component Cost Bonds 50% 14.55% Preferred Stock 12% 15.44% Common Stock Please calculate it 14.46% 12. The Black Bird Company plans an expansion. The expansion is to be financed by selling $117 million in new debt and $173 million in new common stock. The before-tax required rate of return on debt is 6.07% percent and the required rate of return on equity is 15.42% percent. If the company is in the 34 percent tax bracket, what is the weighted average cost of capital? 13. Garden Tools Inc. has bonds, preferred stock, and common stocks outstanding. The number of securities outstanding, the current market price, and the required rate of return for these securities are stated in the table below. The firm's tax rate is 35%. Calculate the firm's WACC adjusted for taxes using the market information in the table. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) The Number of Securities Outstanding Selling price The Required Rate of Return Bonds 1,208 $1,225 10.69% Preferred Stocks 4,322 $75.43 18.25% 1,864 $119.08 16.34% Common Stocks Your Answer: 14. Calculate the cost of new common equity financing of stock Q using Gordon Model Round the answers to two decimal places in percentage form box) (Write the percentage sign in the "units" Last Year Dividend Stock Q $3.41 Growth Rate of Dividends 8% Selling Price of Stock $59.10 Floatation Costs Cost of Common Eq $3.19 15. Last year the Black Water Inc. paid dividends $4.57. Company's dividends are expected to grow at an annual rate of 5% forever. The company's common stock is currently selling on the market for $62.11. The investments banker will charge flotation costs $4.71 per share. Calculate the cost of common equity financing using Gordon Model. 16. Paul Sharp is CFO of Fast Rocket Inc. He tries to determine the cost of equity financing for his company. The stock has a beta of 2.50. Paul estimated that the market return is 7.94%. The current rate for 10-year Treasury Bonds is 4.20%. Calculate cost of common equity financing using CAPM - SML formula. 17. Nature Food Inc. needs to estimate the cost of financing on preferred stock. The firm has preferred stock outstanding that pays a constant dividend of $2.73 per year. That preferred stock is currently selling for $53.87. However, the underwriter would charge flotation costs of $3.27 per share. What is the form's cost of preferred stock financing? 18. The Yo-Yo Corporation tries to determine the appropriate cost for retained earnings to be used in capital budgeting analysis. The firm's beta is 1.74. The rate on six-month T-bills is 3.48%, and the return on the S&P 500 index is 8.21%. What is the appropriate cost for retained earnings in determining the firm's cost of capital? 19. Heavy Rain Corporation just paid a dividend of $4.09 per share, and the firm is expected to experience constant growth of 5.20% over the foreseeable future. The common stock is currently selling for $93.39 per share. What is Heavy Rain's cost of retained earnings using the Gordon Model (DDM) approach? 20. Black Hill Inc. sells $100 million worth of 21-year to maturity 8.91% annual coupon bonds. The net proceeds (proceeds after flotation costs) are $988 for each $1,000 bond. What is the before-tax cost of capital for this debt financing? 21. Great Seneca Inc. sells $100 million worth of 23-year to maturity 6.50% annual coupon bonds. The net proceeds (proceeds after flotation costs) are $985 for each $1,000 bond. The firm's marginal tax rate is 40%. What is the after-tax cost of capital for this debt financing? 22. Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 14.08 percent. The initial outlay is $465,268. Year 1: $134,996 Year 2: $180,636 Year 3: $192,937 Year 4: $182,017 Year 5: $149,585 ? 23. Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's cost of capital is 8.08 percent. What is the PI of a project if the initial costs are $1,414,390 and the project life is estimated as 10 years? The project will produce the same after-tax cash inflows of $550,335 per year at the end of the year. 24. Good Morning Food, Inc. is using the profitability index (PI) when evaluating projects. You have to find the PI for the company's project, assuming the company's cost of capital is 14.97 percent. The initial outlay for the project is $436,864. The project will produce the following end-of-the-year after-tax cash inflows of Year 1: $198,297 Year 2: $121,006 Year 3: $288,658 Year 4: $267,066 25. A project has an initial outlay of $2,089. It has a single payoff at the end of year 7 of $7,683. What is the profitability index (PI) of the project, if the company's cost of capital is 5.16 percent? 26. A project has an initial outlay of $1,132. It has a single cash flow at the end of year 7 of $4,250. What is the internal rate of return (IRR) for the project? 27. Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $319,500. The project will produce the following after-tax cash inflows of Year 1: 137,600 Year 2: 90,400 Year 3: 147,400 Year 4: 153,600 28. Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $510,400. Year 1: 193,100 Year 2: 187,100 Year 3: 166,500 Year 4: 198,600 Year 5: 174,300 29. Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 13.04 percent.The initial outlay is $313,200. Year 1: $153,000 Year 2: $190,700 Year 3: $136,500 Year 4: $141,800 Year 5: $124,100 30. Tall Trees, Inc. is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 9.21 percent. What is the MIRR of a project if the initial costs are $2,266,400 and the project life is estimated as 5 years? The project will produce the same after-tax cash inflows of 531,900 per year at the end of the year. 31. 32. 33. Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping's cost of capital is 13.47 percent. What is the NPV of a project if the initial costs are $2,015,750 and the project life is estimated as 11 years? The project will produce the same after-tax cash inflows of $555,938 per year at the end of the year. 34. A project has an initial outlay of $3,047. It has a single payoff at the end of year 10 of $8,176. What is the net present value (NPV) of the project if the company's cost of capital is 12.26 percent? Round the answer to two decimal places. 35. 36. 37. 38. 39. The prices for the White Swan Corporation for the first quarter of the last year are given below. Find the holding period return (percentage return) for February. End of the month Stock price January $103.69 February $104.18 March $93.63 40. You purchased 100 shares of General Motors stock at a price of $107.31 one year ago. You sold all stocks today for $90.10. During the year, the stock paid dividends of $5.54 per share. What is your holding period return? 41. Sarah purchased 100 shares of General Electric stock at a price of $50.64 three months ago. She sold all stocks today for $51.71. During the year the stock paid dividends of $3.12 per share. What is Sarah's holding period return 42. You purchased 250 shares of General Motors stock at a price of $85.46 two years ago. You sold all stocks today for $74.51. During this period the stock paid dividends of $5.90 per share. What is your annualized holding period return (annual percentage rate)? 43. You purchased 300 shares of General Electric stock at a price of $78.89 four years ago. You sold all stocks today for $67.94. During that period the stock paid dividends of $2.71 per share. What is your annualized holding period return (annual percentage rate)? 44. John purchased 100 shares of Black Forest Inc. stock at a price of $153.59 three months ago. He sold all stocks today for $158.20. During this period the stock paid dividends of $5.24 per share. What is John's annualized holding period return (annual percentage rate)? 45. Mary purchased 100 shares of Sweet Pea Co. stock at a price of $42.36 six months ago. She sold all stocks today for $46.18. During that period the stock paid dividends of $1.38 per share. What is Mary's effective annual rate