National city corporation, a bank holding company, reported earnings per share of $2.40 in 1993, and paid dividends per share of $1.06. the earnings had grown 7.5% a year over the prior five years, and were expected to grow 6% a year in the long term (starting in 1994). the stock had a beta of 1.05 and traded for ten times earnings. the treasury bond rate was 7%. (a) estimate the p/e ratio for national city corporation. (b) what long term growth rate is implied in the firm's current p/e ratio?

You wants to open a saving account. which account will grow his money the most

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?