The Orion Corporation’s common stock has a beta of 1.21. If the risk-free rate is 4.2 percent and the expected return on the market is 10.8 percent, what is the company’s cost of equity capital?

Harbor Corp. has a current accounts receivable balance of $512,640. Credit sales for the year just ended were $3.29 million. What is the average collection period?

Norwalk Co. has a $1,000 par value bond outstanding with a coupon rate of 6.2 percent paid semiannually and 11 years to maturity. If the yield to maturity is 5.4 percent, what is the bond’s current price?

Ravenna, Inc. has current assets of $6,800, net fixed assets of $31,400, current liabilities of $5,200, and long-term debt of $16,400. a) What is the value of the shareholders’ equity account for this firm? b) How much is net working capital?

If Sterling Co. has a return on assets of 8.8 percent and a payout ratio of 32 percent, what is its internal growth rate?

You find a zero-coupon bond with a par value of $5,000 and 18 years to maturity. If the yield to maturity is 5.8 percent, semiannual compounding, what is the bond’s current price?

How do stop orders differ from limit orders in terms of price protection?

What impact does secondary market liquidity have on primary market efficiency?

In which market scenario is anchoring bias most dangerous?

An ultrasonic wave is sent into a patient and reflected back to the source by the moving wall of the heart. The wall of the heart is moving at 0.10 m/s straight away from the source. The original frequency is 308,000 Hz, and the speed of ultrasound in tissue is 1540 m/s. DF 5.1.jpg