FIN 571 TUTOR Let's Do This /fin571tutor.com FIN 571 TUTOR Let's Do This /fin571tutor.com | Page 45

For each of the following, compute the present value (Do not round
intermediate calculations and round your answers to 2 decimal places, e.g.,
32.16.):
Present Value Years
Interest Rate Future value
Wilkinson Co. has identified an investment project with the following cash
flows:
If the discount rate is 9 percent, what is the present value of these cash
flows? (Do not round intermediate calculations and round your answer to 2
decimal places, e.g., 32.16.)
If the discount rate is 16 percent, what is the present value of these cash
flows? (Do not round intermediate calculations and round your answer to 2
decimal places, e.g., 32.16.)
If the discount rate is 25 percent, what is the present value of these cash
flows? (Do not round intermediate calculations and round your answer to 2
decimal places, e.g., 32.16.)
15.You own 300 shares of Western Feed Mills stock valued at $36.72 per
share. What is the dividend yield if your annual dividend income is $322?
15.Four months ago, you purchased 1,200 shares of Lakeside Bank stock
for $21.20 a share. You have received dividend payments equal to $.55 a