Pre Master Finance by Usic https://padlet.com/usictech/3kl1hrbes6vdqhvo Semester 2 Week 11 Seminar 1 - Group 2 en-us 2023-04-05 15:02:45 UTC 2025-10-01 14:18:06 UTC hello@padlet.com 0 usictech https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545122124 FV = 1,000
Years to Maturity = 25
Periods per year = 2 i.e. Semi-annual
YTM = 9.25%
PV = 975
N = 25 * 2 = 50
Periodic rate = YTM/Semi-annual 
 = 9.25%/2 = 4.625%]]> 2023-04-05 15:04:24 UTC https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545122124 hangsong li， lecong li， xinyue hu，heyang lin，yingqi li Group3 hlin373 https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545224786 2023-04-05 16:40:40 UTC https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545224786 Shixuan Song,Yongjie Cao,Yi Shen,Decong Kong,Shuqi Liu ssong263 https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545232721 Value of operations=1,200
Notes payable=(-120)
Long-term debt=(-300)
Preferred stock=(-50)
Value of equity=1,200-120-300-50=730
Shares of stock outstanding=30
price per share=Value of equity/Shares of stock outstanding=730/30=24.3333333$
]]> 2023-04-05 16:48:31 UTC https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545232721 lli1191 https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545237913 WACC : R: 7.5%

IRR L -2,700 +650 /(1+IRR)^1 +725 /(1+IRR)^2+800 /((1+IRR)^3)+1,400 /(1+IRR)^4)=0 
IRR L=10.% ?
NPV L=-2700+650 /(1+7.5%)^1+725 /(1+7.5%)^2+800 /((1+7.5%)^3+1,400 /(1+7.5%)^4)= 224
Using same formula to calculate S

IRR s =12% npv s= 86  
 so, choose L  npv
but IRR choose S

]]> 2023-04-05 16:53:25 UTC https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545237913 G1 https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545239970 1000*9.25%=92.5
92.5/2=46.25
46.25*2/1000*100%=92.5%]]> 2023-04-05 16:55:13 UTC https://padlet.com/usictech/3kl1hrbes6vdqhvo/wish/2545239970