Fin 431

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Category: Business and Industry

Date Submitted: 10/19/2015 08:11 PM

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Description

Dear All,

Our 2nd assignment is a set of questions covering chapters 3 and 4. You will submit your answers by entering the numerical value in the appropriate case. The assignment is due by Tuesday the 20th at 10 AM.

Please do all calculations using 7 decimal places, retain the 7 decimal places throughout the calculations, then when you report answers round to 2 decimal places. Examples: If the answer is in years; i.e. 9.55769321 report 9.56. If the answer is in dollars. i.e. $56,987.55555 report to the nearest cent 56,987.56 (do not include the $ sign). If the answer is in percent terms, i.e. .104478324, then report 10.45 (do not include the % sign). You need to be very precise with rounding and reporting.

Good luck and work hard

Instructions

Dear All,

Our 2nd assignment is a set of questions covering chapters 3 and 4. You will submit your answers by entering the numerical value in the appropriate case. The assignment is due by Tuesday the 20th at 10 AM.

Please do all calculations using 7 decimal places, retain the 7 decimal places throughout the calculations, then when you report answers round to 2 decimal places. Examples: If the answer is in years; i.e. 9.55769321 report 9.56. If the answer is in dollars. i.e. $56,987.55555 report to the nearest cent 56,987.56 (do not include the $ sign). If the answer is in percent terms, i.e. .104478324, then report 10.45 (do not include the % sign). You need to be very precise with rounding and reporting.

Good luck and work hard

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QUESTION 1

You sell short 100 shares of Merck at $30 per share. One week following your...