**Problem 5.17 **Your finance text book
sold 53,250 copies in its first year. The publishing company
expects the sales to grow at a rate of 20 percent for the next
three years, and by 10 percent in the fourth year. Calculate the
total number of copies that the publisher expects to sell in year 3
and 4.
**
(If you solve this problem with algebra round intermediate
calculations to 6 decimal places, in all cases round your final
answers to the nearest whole number.)
**

** **

**Problem 5.21 **Find the
present value of $3,500 under each of the following rates and
periods.

**
(If you solve this problem with algebra round intermediate
calculations to 6 decimal places, in all cases round your final
answer to the nearest penny.)
**

**a. **8.9 percent compounded monthly
for five years

**b. **6.6 percent compounded
quarterly for eight years

**c. **4.3 percent compounded
daily for four years

**d. **5.7 percent
compounded continuously for three years.

**Problem 6.19 **Trigen Corp.
management will invest cash flows of $331,000, $616,450, $212,775,
$818,400, $1,239,644, and $1,617,848 in research and development
over the next six years. If the appropriate interest rate is 6.75
percent, what is the future value of these investment cash flows
six years from today?
**
(Round answer to 2 decimal places, e.g. 15.25.)
**

**Problem 6.27 **You wrote a
piece of software that does a better job of allowing computers to
network than any other program designed for this purpose. A large
networking company wants to incorporate your software into their
systems and is offering to pay you $500,000 today, plus $500,000 at
the end of each of the following six years for permission to do
this. If the appropriate interest rate is 6 percent, what is the
present value of the cash flow stream that the company is offering
you?
**
(Round answer to the nearest whole dollar, e.g. 5,275.)
**

** **

**Problem**
**Barbara’s investment**

a. What is the expected return on
Barbara’s investment?
**
(Round answer to 3 decimal places, e.g. 0.076.)
**

b. What is the standard deviation of the
return on Barbara's investment?
**
(Round intermediate calculations and answer to 5 decimal
places, e.g. 0.07680.)
**

**Problem 8.24 **Trevor Price
bought 10-year bonds issued by Harvest Foods five years ago for
$936.05. The bonds make semiannual coupon payments at a rate of 8.4
percent. If the current price of the bonds is $1,048.77, what is
the yield that Trevor would earn by selling the bonds today?
**
(Round intermediate calculations to 4 decimal places, e.g.
1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
**

** **

**Problem 9.15 **The First Bank of
Ellicott City has issued perpetual preferred stock with a $100 par
value. The bank pays a quarterly dividend of $1.65 on this stock.
What is the current price of this preferred stock given a required
rate of return of 11.6 percent?
**
(Round answer to 2 decimal places, e.g. 15.25.)
**

### Other samples, services and questions:

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.