Suppose that you make a deposit into a savings account at the end of every month for the next two years.  This account pays 6% compounded monthly, and at the end of the two years, you have $5,000.  How much would your monthly deposit have to be?

What is the role of the firm’s board of directors in managing the firm, and what are the three legally obligated responsibilities they have to carry out? 

Use the financial statements below to calculate the Weighted Average Cost of Capital (WACC).  Be sure to show your work, as partial credit will be given.  Also, if you get stuck on a part of the WACC, just assume a value for it when asked to calculate your final result instead of leaving it blank.

How much will be in inventory at the end of 2008?

In a CAPM world an investor should not earn any return for bearing firm-specific risk. This is because_____________________________________.         Which of the phrases below best completes the above sentence?

The interest rate that reflects what banks are charged by other banks when they borrow to meet their reserve requirements is called:    

The following questions are short answer.  Please do not write more than a few sentences for any one question, and feel free to use bullet points when possible.

Which of the following items will NOT be included in the bond indenture?

You currently own stock in SUU International, which just paid a dividend of 1.25 per share.  You expect to hold the stock for the next three years at which time you will sell it.  If their dividend grows at 4% annually, and the required return on this stock is 9%, what will be the price of this stock when you sell it in three years?

Acme Magnets stock is selling for $100 today.  It is expected that the company will pay a dividend of 5 dollars per share over the next year, and it will then be sold for $120 in exactly one year.  What is the expected total return for the shareholders on this stock?