有题不会啦，烦死啦，finance好的兄弟姐妹们请进啊

pettydidi

作业好难啊，跪求答案，越快越好啊~~
题如下：
1 A company is considering a project to enter a new line of business. The new business will require the company to purchase a new machine that will cost $930,000. These costs will be depreciated on a straight-line basis to zero over three years. At the end of three years, the company will get out of the business and will sell the machine at a market value of $70,000. Working capital of $50,000 will be required from the outset, which will be fully recovered at the end of year 3. The project is expected to generate $1.6 million in sales each year. The operating costs, excluding depreciation, are expected to be $1.15 million per year.

The company tax rate is 30%, and the project’s required rate of return is 12%. What is the net present value of the project?

2  

Big Deal Industries is considering the expansion of its operation by introducing a plant extension. The new plant is expected to have a life of ten years and will cost $1,000,000 to erect and make operational on some existing land owned by the company. The land is has an estimated market value of $500,000. Additional spare parts of $100,000 and additional inventory of $400,000 will be required to support the new operation. The annual revenue and expenses associated with the project are estimated to be as follows:

Revenue	$1,500,000
Operating Expenses	950,000
Increased Overhead expense	100,000
Increased interest expense	75,000
Head-office expense loading	150,000
Allocated depreciation	100,000

The weighted average required rate of return appropriate to the project is 15% and the corporate tax rate is 40%. Evaluate the project for Big Deal Industries.
3
i. Gino Ltd has just paid an annual dividend of $1.34 per share. These dividends are expected to increase by 5%pa for the next two years, 4% pa for the following two years, and by 3% pa thereafter. If you have $3,300 to invest in these shares, how many shares can you buy if your required rate of return is 11%pa?


ii. Two years ago, New Homes Ltd issued seven year bonds with a face value of $1,000 and a coupon rate of 9.5%. Coupon payments are made semi-annually. At that time the market yield was 8%pa. Due to the increased insecurity facing the housing industry, the market yield is now 11%pa.
a. What was the market value of the bonds at issue?

b. What is the market value of the bonds today?

c. Discuss your results from (a) and (b) above.

腿毛菲菲

第一题刚有空帮做了，自己用这个template 套第二题吧。

煮饭公

书上都有公式,照样画葫芦就可以了

charlie2e

哪有你这样的 不会做 直接要人家给你答案～ 还不如不读！{:7_380:}
肯定连书都没翻过 书上几乎一步一步教你做 就差给你答案了

~多多~

LZ没上过课也自己一道题都没做过吧....这几个都很BASIC的

pettydidi

谢谢大家啦，确实平时没太用功，这只是最后的几道题啦，前面的我自己都做过了，实在是找不到了，头都大了，谢谢一楼的同学，其实我自己也有做，想比照一下啦。

~多多~

谢谢大家啦，确实平时没太用功，这只是最后的几道题啦，前面的我自己都做过了，实在是找不到了，头都大了，谢谢一楼的同学，其实我自己也有做，想比照一下啦。
pettydidi 发表于 2010-1-7 23:28

omg i really believe that ...............................................................................................is a lie...............................

nhat123

看到一个题目。。。