ok guys,I am in need!! Please I need these asap! Thanks again

1.Dividend Policy. Here are several assertions about typical corporate
dividend policies. Which
of them are true? Write out a corrected version of any false statements.
a. Most companies set a target dividend payout ratio.
b. They set each year?s dividend equal to the target payout ratio
times that year?s earnings.
c. Managers and investors seem more concerned with dividend changes
than dividend levels.
d. Managers often increase dividends temporarily when earnings are
unexpectedly high for a
year or two.

2.Dividend Policy. For each of the following four groups of companies,
state whether you would
expect them to distribute a relatively high or low proportion of
current earnings and whether
you would expect them to have a relatively high or low price-earnings ratio.
a. High-risk companies.
b. Companies that have recently experienced a temporary decline in profits.
c. Companies that expect to experience a decline in profits.
d. ?Growth? companies with valuable future investment opportunities.

3.As the director of capital budgeting for Denver Corporation, you are
evaluating two mutually exclusive projects with the following net cash
flows:

      Year      Project X      Project Z
        0       -$100,000      -$100,000
        1          50,000         10,000
        2          40,000         30,000
        3          30,000         40,000
        4          10,000         60,000

If Denver's required rate of return is 12 percent, which would you choose?

4.The Seattle Corporation has a capital structure of;

Type	Percent of Structure	Required Return
Debt	30%	8%
Preferred Stock	10%	12%
Common Stock	60%	15%

What is the WACC for Seattle Corporation?


5.The Comfort Company makes lawn chairs.  There fixed costs are
$80,000. The chairs cost     $45.00 to produce. They sell for $ 55.00.
a.	 They would like to know how many chairs they need to sell to break-even. 
b.	 They also want to know how many chairs they need to sell to clear $ 5,000.00
c.	 If they decrease overhead by $ 10,000 how many chairs do they need
to sell to clear $5,000.00

6.You want to issue 500,000 shares of preferred stock that will pay
$10.00 a year in perpetuity. If the market expectation is 10% how much
money would you expect the corporation to get for the public offering?

1.  a.  True
b.  True
c. True
d.  False.  Managers rarely increase dividends temporarily when
earnings are unexpectedly high for a year or two.  Instead, managers
typically smooth dividends so that they follow shifts in sustainable
earnings.

2. a.  Low proportion/high PE ratio
b.  High proportion/low PE ratio
c.  Low proportion/low PE ratio
d.  Low proportion/high PE ratio

Source: "Class 4: Finance 2" by Hongjun Yan (November 2003)
http://phd.london.edu/hyan/teaching/class4_tutorial.ppt

3.  NPV of Project X is $4239.20.  NPV of Project Z is -$553.32. 
Choose Project X.  Formula for the present value of a future sum is P
= F [1/(1+i) ^n].  So, convert each cash flow back to time zero and
then add them together for each project to find the NPV.

4.  (30%*8%) + (10%*12%) + (60%*15%) = 12.6%

5.a.  They earn $10 per chair.  Therefore, to cover their fixed costs,
they must sell 8000 chairs ($80,000/$10).
b.  They must sell an additional 500 chairs beyond the breakeven
point, or 13,000 chairs total.
c.  They must sell 7000 shares to cover the fixed costs plus an
additional 500 chairs to clear $5,000, or 12,000 chairs total.

6.  The value of a perpetuity of one dollar per year is 1/r. 
Therefore, the value of each share will be $10/0 .1 or $100.  The
total value of the 500,000 shares will be $50 million.

Your tips are appreciated.

Sincerely,

Wonko

very good and to the point, thanks