Author: Anonymous

If gravity gradually takes over as the dominant force in the Universe we would expect the Universe to ________________________.

The local cluster of galaxies that includes our Milky Way galaxy is called the Local Group?

Story Company is investing in a giant crane. It is expected to cost $6 million in initial investment, and it is expected to generate an end-of-year after-tax cash flow of $3 million each year for three years. Calculate the NPV at 12 percent.

If depreciation is $100,000 and the marginal tax rate is 35 percent, then the tax shield due to depreciation is

A four-year bond has an 8 percent coupon rate and a face value of $1,000. If the current price of the bond is $878.31, calculate the yield to maturity of the bond (assuming annual interest payments).

The constant dividend growth formula P0 = Div1/(r – g) assumes .

If the cash flows for project A are C0 = -1,000; C1 = +600; C2 = +400; and C3 = +1,500, calculate the payback period.

If the nominal interest rate per year is 10 percent and the inflation rate is 4 percent, what is the real rate of interest?

Consider a bond with a face value of $1,000, an annual coupon rate of 6 percent, a yield to maturity of 8 percent, and 10 years to maturity. This bond’s duration is

Suppose a firm has $100 million in excess cash. It could