Answer all question (TEST 2) Question 1 a) Smart Corporation has to raise RM5‚000‚000 for its 5-year budget. The corporation has the following three (3) financial sources to be considered: Source I Issue preferred shares that pays 10% dividend on par value of RM100. The current market price of the preferred share is RM75 per share and its floatation cost is at 5% of the par value. Source II Issue bonds that pay 8% interest and mature in ten years. The corporation is planning to sell the
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Homework Chapter 4‚ Week 3 1. A $50‚000 loan is to be amortized over 7 years‚ with annual end-of-year payments. Which of these statements is CORRECT? C. The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower. If the interest rate is low on a loan‚ the amount of repayment is low. 2. Which of the following statements is CORRECT? C. to solve for I‚ one must identify the value of I that causes the PV of
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Minicase 4 Yield Curve Hypotheses and the Effects of Economic Events CONCEPTS IN THIS CASE term structure of interest rates default risk risk premium yield curve expectations hypotheses segmented markets theory preferred habitat theory liquidity premium theory Your employer (a bank) has decided to offer five-year loans to its small business customers. You have been presented the task of determining what the appropriate minimum interest rate should be for the most creditworthy customer
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Top of Form 1. __________ is concerned with the acquisition‚ financing‚ and management of assets with some overall goal in mind. Financial management Profit maximization Agency theory Social responsibility 2. Jensen and Meckling showed that __________ can assure themselves that the __________ will make optimal decisions only if appropriate incentives are given and only if the __________ are monitored. principals; agents; agents agents; principals; principals
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Professor Subhamitra Adhikari Academic Writing B 13 December 2013 Banning whale hunting Whales are the biggest animals that live on this planet‚ in the oceans. Depending on their species they can weigh up to 200 tons‚ the weight of around 12 elephants or 2000 people. It has also been studied that the brains of whales are developed which means they are intelligent creatures. Since centuries whales have been hunted down for their oil and meat. The process of killing whales for their
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Week 1: Case Assignment Firewire Surfboards ________________________________________ Need help with GEB1112 Entrepreneurship Book: Small Business Management 15e Longenecker Firewire Surfboards Case 1‚ Pages 628-629 Read the Case Study entitled‚ “Firewire Surfboards” on pages 628-629. Then‚ answer questions 1‚ 3‚ 4‚ and 7 at the end of the case. 1. Two major competitors are Channel Islands and Lost Surfboards. Channel Islands is more expensive than Firewire. Lost Surfboards 3. Firewire’s
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This year alone‚ Japan plans to kill 333 Minke Whales for “scientific research” and uses this reason to help deter outsiders from their commercial fishing mentions Melissa Chan in her article called Japan Sets Out to Kill Hundreds of Minke Whales Despite Global Opposition. Due to this recent announcement the global community has been in an uproar and demands an immediate halt to Japans whaling. This has been an on going issue for multiple years and has become such a problem that the International
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Save the Whales Whaling is the hunting of whales‚ primarily for their large quantities of fat and meat. Its earliest forms date back to 3‚000 B.C. (whale facts). Before industrialization and technological advances in fishing technology‚ a whale’s large size made it a risky and deadly target. Today modern commercial whalers have hunted so many whales that they are responsible for the endangerment and near extinction of many whale species. If we don’t put an effort to stop this now we will surely
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Many styles of cuisine exist in the United States‚ a few foods are considered taboo by most of American culture. In the United States‚ where hundreds of world cultures blend into one society‚ the concept of what foods are taboo and what are simply exotic can be difficult to qualify. Food taboos of the United States differ depending on a person’s cultural background‚ religion and location. [1] Dogs and cats are revered as domestic animals and important parts of many American families‚ these creatures
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Whaling has been an aspect of Japanese culture since the 16th century (Takahashi et al. 1989). Japanese have had a hard time dealing with the International Whaling Commission‚ which has banned commercial whale hunting since 1986. Japanese use the whales they hunt for numerous purposes in their culture. Japanese have used whales to make food‚ oil‚ handicrafts‚ and meats. The teeth of whales and their baleen are used to make crafts and traditional bunraku puppets. Whale jaw bones are used to make shamisen
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