The value of a future cash flow today is its ______ and is found by the process of ______

What is the purpose of the ‘passwd’ command in Unix?

BONUS #4: What is the current limit on FDIC insurance?

You are considering purchasing the stock of Arnold Incorporated stock which is expected to pay a dividend of $6. The stock is currently selling for $50 and is expected to have dividend growth of 5% based on its past revenue growth. Currently, the S&P is returning an average of 12% which results in a required return for this stock of 15%. How much should you pay for this stock? (2)

Earlier this year, you purchased Happy Cow Milk stock at a price of $50 because you expected to earn a return of 14%. At the time, the stock has a reported beta of 1.8. If you received a dividend of $4 during the year and the stock is now selling for $40, what return have you earned over the past year? (2) Make sure to state your answer as a % and include 2 decimals. Type your answer in the textbox. Show as much work as you feel comfortable showing and what time allows. Your work will help assess partial credit in the case of an incorrect answer. A right answer with zero work shown will receive no credit. At a minimum, type out the equation/numbers being used. 

Ten years ago, a firm issued bonds with an original maturity of 35 years. The bonds were issued with a 6% coupon rate. These bonds are currently selling for 85 (not a typo). What is the after-tax cost of debt for this firm? Assume a tax rate of 40%. (2)

What is the purpose of the ‘tar’ command in Unix?

Which command is used to create a new directory in Unix?

You currently have $60,000 in a savings account. You would like to make 20 annual withdrawals of $4,000. You would also like the account balance to not fall below $30,000. What interest rate does this account need to earn to achieve this? (2) HARD PV FV PMT N I

What is the purpose of the ‘chown’ command in Unix?