Assume you own NNN Corp. that has $100 million in cash and $…

Assume you own NNN Corp. that has $100 million in cash and $750 million in debt.  The company is generating free cash flow of $125 million per year starting this year and will grow at 7% per year for the foreseeable future.  If the weighted average cost of capital is 12%, what is the firm’s equity value per share if they have 100 million shares outstanding?

Frod Perfect, Inc. issued bonds with a 7% coupon rate, semi-…

Frod Perfect, Inc. issued bonds with a 7% coupon rate, semi-annual payments and 30 years to maturity.  You purchased these bonds when they were issued at par value 5 years ago. You are considering selling the bonds today.  The market rate on these bonds has fallen to 6%.  If you sell these bonds today, what will be your realized return (choose the closest answer)?

I agree to uphold the University of Cincinnati’s Student Cod…

I agree to uphold the University of Cincinnati’s Student Code of Conduct and conduct myself with the upmost integrity.  This means that I will not use notes, books, electronic devices other than my computer, or other resources (no internet access, devices, recordings, phone, other computer or tablet, etc.) while taking exams. This also means that I will not discuss the contents of exams with anyone else:  I will not share or receive information about the exam questions or answers before, during, or after exams. I agree that my personal integrity is worth more than any score on an exam and that my exam submission will solely reflect my knowledge and experience and will not be altered by unethical means.