You have been accepted into a prestigious private university in Southern California - congratulations Since no one from this school has ever graduated in only four years, you anticipate that you will need to make 10 semi-annual tuition payments of
25,000 each with the first cash flow six months from today. If you choose to discount these cash flows at an annual rate of 6, what is the present value cost of tuition to attend your university of choice?
A) 186,814.54
B) 184,002.18
C) 250,000.00
D) 213,255.07
Question 2
Which of the following statements regarding firms and value is NOT true?
A) We can create value by taking on negative net present value projects.
B) Shareholder control in and of itself has value.
C) Value is ultimately what someone is willing to pay for a firm.
D) It is important to know what is being valued; the assets or the equity in a firm.
A Bobcat on the Calero Creek Trail, in San Jose, California.
Southern Hound (Extinct)
Southern Royal Albatross, Diomedea epomophora, is a large seabird from the albatross family.
Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
Republican candidates John McCain and Sarah Palin campaign at Franklin & Marshall University in
Northern and Southern Hemispheres