Blaine Kitchenware Case Study Answers 1. ABOUT THE COMPANY Blain Kitchenware‚ Inc. (BKI)‚ founded in 1927‚ is a mid-sized producer of small appliances for residential kitchens. BKI has an approximate 10% market share of the $2.3 billion U.S. market for small kitchen appliances‚ with 65% of sales originating from the US market. The company is public since 1994‚ and the majority of the shares is controlled by the founder’s family (62% of outstanding shares)‚ who also have a strong representation in
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FIN553 Advanced Coporate Finance Case Study: Penelope’s Personal Pocket Phones Group 2 Brian Erber‚ Jaime Carreno‚ Wenliang Zhang‚ Xue Liu (Introduction) Background info about the project. In order to evaluate the NPV of the first-generation phone (project) ignoring the possibility of investing in the second-generation phone (project)‚ we projected the free cash flows (FCF) of the first-generation phone through 2001 to 2006. The total FCF was calculated as EBIT plus deprecation
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Chapter 4: (4-9) Find the following values‚ using the equations‚ and then work the problems using a financial calculator to check your answers. Disregard rounding differences. a. An initial $500 compounded for 1 year at 6% $530.00 b. An initial $500 compounded for 2 years at 6% $561.80 c. The present value of $500 due in 1 year at a discount rate of 6% $471.70 d. The present value of $500 due in 2 years at a discount rate of 6% $445.00 (4-11) To the closest year‚ how long
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Michael Mirek Principals of Finance Final Project Power Co.‚ is looking to install a new generator for their power company because the demand is so high. The company plans to be completed with the project in 10 years‚ and will last for 10 years‚ or possibly longer. The companies cost of capital is 8%‚ and I will look to determine if this project is worth embarking on. To determine this I will answer these 4 questions. 1. What is the present value of
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CURVE SKETCHING This is a handout that will help you systematically sketch functions on a coordinate plane. This handout also contains definitions of relevant terms needed for curve sketching. Another handout available in the Tutoring Center has 3 sample problems worked out completely. ASYMPTOTES: This handout will discuss three kinds of asymptotes: vertical‚ horizontal‚ and slant. VERTICAL ASYMPTOTES We define the line x = c as a vertical asymptote of the graph of ‚ iff (if and only
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BFIN 300 Financial Management FA14 Quiz 2 Solutions Conceptual/qualitative questions: 1. The capital gains yield plus the dividend yield on a security is called the total return. 2. Unsystematic risk can be effectively eliminated through portfolio diversification. 3. The excess return required from a risky asset over that required from a risk-free asset is called the risk premium. 4. The market risk premium is computed by subtracting the risk-free rate of return from the market rate of return. MRP
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Kindergarten‚ ELA Workshop Model Lesson Plan Standards Addressed: K.CC.A.1- Count to 100 by ones and by tens. 1.NBT.A.1 -Count to 120‚ starting at any number less than 120. In this range‚ read and write numerals and represent a number of objects with a written numeral. 2.OA.C.3- Determine whether a group of objects (up to 20) has an odd or even number of members‚ e.g.‚ by pairing objects or counting them by 2s; write an equation to express an even number as a sum of two equal addends. Materials:
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POSTFIX NOTATION Postfix also known as Reverse Polish Notation (or RPN)‚ is a notational system where the operation/function follows the arguments. For example‚ "1 2 add" would be postfix notation for adding the numbers 1 and 2. Most programming languages use either prefix notation ("add(1‚ 2)" or "(add 1 2)") or infix notation ("1 add 2" or "1 + 2"). Prefix and infix are more familiar to most people‚ as they are the standard notations used for arithmetic and algebra. Why then should we use postfix
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HEC Paris Financial Markets Spring 2012 Final Exam “Cheat Sheet” 0. Basic Statistics (a) Consider an n-outcome probability space with probabilities p1 ‚ p2 ‚ . . . ‚ pn . Consider two discrete random variables X and Y with outcomes (X1 ‚ X2 ‚ . . . ‚ Xn ) and (Y1 ‚ Y2 ‚ . . . ‚ Yn ). 2 The we have the following formulas for means (µX ‚ µY )‚ variance (σX )‚ standard deviation (σX )‚ covariance (σX‚Y )‚ and correlation (ρX‚Y ) µX = EX = E(X) = p1 X1 + p2 X2 + · · · + pn Xn µY = EY = E(Y ) =
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Basic Formulas: Present value interest factor of an annuity‚ PVIFA(k‚n) = [ 1 – ( 1 + k )-n ] / k Present value interest factor of a perpetuity‚ PVIFA(k; ∞) = 1 / k Future value interest factor of an annuity‚ FVIFA(k‚n) = [ ( 1 + k )n –1 ] / k Annuities Due‚ payments at start of period‚ PVIFADue(k‚n) = PVIFA(k‚n) * ( 1 + k ) FVIFADue(k‚n) = FVIFA(k‚n) * ( 1 + k ) Where: k is the effective discount rate
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