please show all steps to input for each problem into spreadsheet

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 80.01 (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. Q1. Danielle Baker (F382, Sp'06) and her husband have just purchased their first home via a First Guaranty Bank foreclosure sale. The home will be financed via a 15-year, 5.00% fixed rate loan. What amount has been borrowed if monthly, beginning of the month payments of $650.00 are required to repay the loan? Answer: 582,538.39. Q2. On May 1, 2004, you purchased 5,000 shares of AT&T common stock for a price of $18.74 per share. Ignoring any dividends received, if you sell these shares five years later, on April 30, 2009, at the market price of $25.19, what rate of return 17 A Round all dollar amounts in answers to the nearest $0.01 (cent). If not specifically mentioned, assume retums are annually compounded and that any payments or deposits are received or made at the end of the period. Q1. Danielle Baker (F382, Sp'06) and her husband have just purchased their first home via a First Guaranty Bank foreclosure sale. The home will be financed via a 15-year, 5.00% fixed rate loan. What amount has been borrowed if monthly, beginning-of-the- month payments of $650.00 are required to repay the loan? Answer: $82,538.39. Q2. On May 1, 2004, you purchased 5,000 shares of AT&T common stock for a price of $18.74 per share. Ignoring any dividends received, if you sell these shares five years later, on April 30, 2009, at the market price of $25.19, what rate of return (compounded bl-monthly) have you eamed? Answer: 5.9450% Q3. Dennis Haydell (F382, Fa"09) is a 27-year old, highly-motivated individual who wants to have saved more than a million dollars by his retirement at age 67. Fortunately, after completing his Ph.D. in Finance from Louisiana State University Dennis secured a high-paying job with the New Orleans Branch of the Federal Reserve Bank of Atlanta. Dennis is confident his low-risk investment portfolio will consistently earn an annual rate of 5.50%. p.a. If Dennis makes weekly, beginning-of-the-week deposits of $150.00 for the next 40 years what will his account be worth at his expected retirement? Answer: S1,137,807.79 Azur 04. Congratulations, you have matched four numbers in the Louisiana State Lottery. You 17 4 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 QS. Brennan Brupbacher (F382, Sp'10) recently received a five-figure inheritance due to the unfortunate death of a favourite relative. He has used this inheritance to invest in a low-risk, four-year First Guaranty Bank Certificate of Deposit, earning 3.25%, which is compounded bi-weekly. If this CD will be worth $62,630.48 at the end of the investment term, what is the initial amount Brennan has deposited into this account? Answer: $55,000.00 Q6. Karianne Yost (F381, Fa'05, F382, Sp'06) has secured a very good job as a securities analyst for Shearson, Lehman Bros. in Houston. She and her husband have purchased a $437,500 home in a Houston suburb. They have managed to accumulate a 20% down-payment for this purchase. Hancock Bank is now offering a special 15-year mortgage, with a fixed-rate of 4.875% for first-time loan buyers who qualify by having a credit score of at least 450, and who can afford a 20% down payment. Determine the monthly payments that Kari and her husband will be paying for the next 15 years Note: Round amount borrowed to the nearest 000's E.C. Alternate 1 Answer: $84,176.87. E.C. Alternate 2 Answer: $2,750.00 Q5. Brennan Brupbacher (F382, Sp'10) recently received a five-figure inheritance due to the unfortunate death of a favourite relative. He has used this inheritance to invest in a low-risk, four-year First Guaranty Bank Certificate of Deposit, earning 3.25%, which is compounded bi-weekly. If this CD will be worth $62,630.48 at the end of the investment term, what is the initial amount Brennan has deposited into this account? Answer: $55,000.00 Q6. Karianne Yost (F381, Fa'05, F382, Sp'06) has secured a very good job as a securities analyst for Shearson, Lehman Bros. in Houston. She and her husband have purchased a $437,500 home in a Houston suburb. They have managed to accumulate a 20% down-payment for this purchase. Hancock Bank is now offering a special 15-year mortgage, with a fixed-rate of 4.875% for first-time loan buyers who qualify by having a credit score of at least 450, and who can afford a 20% down-payment. Determine the monthly payments that Kari and her husband will be paying for the next 15 years. Note: Round amount borrowed to the nearest 000's. Answer: $2,745.04. Q7. Assume that Jake Duos (F382, Fa'06) has identified an interest-bearing account that will earn a 3.75% p.a., that is continuously-compounded. If Jake deposits $10,000 into this account what will it be worth at the end of year five? Answer: S12,062.30 Azuro 17 08. Timothy Paul LaBorde (F381, Fa'06, F382, Sp07) is making a short-term, 2-year investment into a First Guaranty Bank Certificate of Deposit. If Tim deposits $10,000, the account carns 2.75%, and is compounded daily, how much will this CD be worth at maturity? Answer: $10,565.38. 09. Assume you are 20 years old today and are a forward-thinking person who has dreams of retiring at age 65 (in 45 years). You are starting a savings fund with which to buy something frivolous (a boat, a fun car, a camp, etc.) at retirement and wish to have accumulated $125,000 for that purpose. If you consistently make monthly deposits into an account earning 5.00% over this entire period, what is the amount of the required monthly deposit? Answer: $61.68 Q10. Joshua Pitre (F410, Fa10) is a financial analyst at Hancock Bank who has suggested they offer a special type of certificate of deposit called a CONTIE that will pay interest that is compounded on a continuous basis. These instruments will be sold on a discount-basis and return $5,000 at maturity. How much would a customer expect to pay for a CONTIE that matures in two years if its quoted rate equals 2.45%? Answer: $4,760.91. 17. 4 Sj w x & fc B C D E F G H Pure Value of Slagle Payment AR PV PMT DIV/0! Yn FY Function FVEF Equation Present Value of a Single Payment ARate PY PMT DIV/01 FY Function PVIF Equation Yrs Finding Deposits to Aceste 3 Future Sum A Rate PY PMT #DIV/0! FV Function FVIFA Equation BY Finding Lean Payments to Repaya Present Value ARate PY PMT FV DIV/0! Function PVIFA Equation 1 2 Future Value of Amaly Due Yrs ARate PV PMET #DIV/0! FY FVIFA Equation Function 5 7 Present Value oss Ansity Due Yns ARate PV PMT DIV/ FV PVIFA Equation Function 9 30 31 22 33 Continuous Compounding Single Payments Yr ARate PV PMT FV Function Equation Implicit Interest Rate for Single Payments Yr ARate PV PMT 36 37 FV Function PVIFA Equation #DIV/0! 39 Implicit Rate of Return for Asity ARate PV PMT FV Function PVIFA Equation DIV/0! 41 Cat Discount Single Pays Alate PY PMT FV Function Sheet Alteration. A04 Sheet2 Sheet3 17