Question 25: (1 Point) Dis-knee Corp. has a 9-year project with a cost of $301,545, and annual cash flows of $60,000 in years 1-8 with a cash flow of $75,000 in year 9. Calculate the net present value of this project if the company's required rate of return is 11%. $36,542 $33,637 $7,223 $0 -$29,319 Question 26: (1 Point) Fancy Feast Feline Corp. has a total debt ratio of 0.44 and total assets of $1,500. Calculate the value of total equity. $180 $510 $590 $660 $840 Question 27: A project costs $19,000 and produces cash flows at the end of the following years of $10,000, $7,300, $3,700 respectively. Based on the profitability index rule, should this project be accepted if the discount rate is 8%? Why or why not? (1 Point) Yes; because the Pl is 0.97 Yes; because the Pl is 1.11 Yes, because the Plis 1.21 No; because the PL is 0.97 No; because the Pl is 1.11 Question 28: Tony's Shoes repaid $1,320 in loan principal and $1,750 in loan interest during the year. No new funds were borrowed. The firm owes $8,680 in taxes for the year, and has earnings before interest and taxes of $28,900. The depreciation expense for the year is $1,230. What is the operating cash flow for the year? (1 Point) $21,470 $21,450 $20,460 $19,700 $18.380 Question 21: (1 Point) You purchase a bond with an invoice price of $1,088, and a coupon rate of 4.7%. If there are two months to the next semiannual coupon date, what is the clean price of the bond? $1,000.00 $1,018.83 $1,072.33 $1080.17 $1,095.83 Question 22: MFC Corp. has a bond with a current market price of $1,236.84, 11 years to matu and semi-annual coupons of $30. What is the yield to maturity on this bond? $1,000 face value, (1 Point) 1.70 percent 3.40 percent 4.31 percent 8.62 percent None of the above is correct. Question 23: Circus-Circus has current assets of $185, long-term debt of $170, net fixed assets of $380, and owners' equity of $200. What is the value of current liabilities if that is the only other item on the statement of financial position? (1 Point) $235 $225 $215 $205 $195 Question 24: Your brother Sam is lending you some money, and the loan has interest compounded monthly. If Sam wants to earn an effective rate of 16 percent, what annual percentage rate must they charge? (1 Point) 4.94 percent 14.93 percent 17.23 percent 17.52 percent None of the above is correct