Category: Finance

No recorded video is needed. I just need the presentation assignment
prepared and I will do the rest.  Let me know if you have any questions. 

Instructions
Please open the attached Module Four Assignment and Final Project template and complete the Module 4 assignment following the same technique, format, and functions that we have covered during the Module 4 Homework Help Video.  Best of luck on your Final Project!
Problems
Problem 12-14 – Finding the WACC (2.5 Points).   Given the following information for Lightning Power Co., find the WACC.  Assume the company’s tax rate is 21%. 
Debt: 10,000 6.4 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. 
Common stock:   495,000 shares outstanding, selling for $63 per share; beta is 1.15. 
Preferred stock:  35,000 shares of 3.5 percent preferred stock outstanding, currently selling for $72 per share. 
Market: 7 percent market risk premium and 3.2 percent risk-free rate. 
Problem 12-17 – Calculating the WACC (2.5 Points).   Given the following information for Parrothead Enterprises, find the WACC.  
Debt:  9,700  7.2 percent coupon bonds outstanding, with 23 years to maturity and a quoted price of 105.75.  These bonds pay interest semiannually.  
Common stock:   260,000 shares outstanding, selling for $65.20 per share. The stock has a beta of .97 and just paid a dividend of $3.40.  The dividend is expected to grow by 5.2 percent per year indefinitely. 
Preferred stock:  8,700 shares of 4.6 percent preferred stock outstanding, currently selling for $94.70 per share. 
Market: 11.3 percent expected return, 3.95 percent risk-free rate, and a 22 percent tax rate. 
Stephenson Recapitalization – Chapter Case Questions # 1-5 (Each question 1 pt each for 5 pts total for the case). 
Stephenson Real Estate Recapitalization – Please be sure to answer all questions and sub-questions of the case and show ALL work and calculations. Most of the questions will work off the data calculated from the previous question answered, so be sure to answer your case in numerical sequence (do not skip questions). 
*Be sure to open and use the attached template to complete your work.  For credit you must use formula entries as we covered in class (no manual entry of numeric data). Fill in/calculate all fields with “?” for full credit.  Save your file (include your name in file name) and submit for grading. 
Book Access
https://www.vitalsource.com
username:   ******************************************* style=”margin: 0.5em 0px 1em; cursor: auto;”>password:   Mibbys77!

Blockchain and cryptocurrency have great potential to bring prosperity into our world. The concept of a truly shared and democratic economy is at the core of the blockchain initiative.
In your initial post, address the following:
Discuss your experience with cryptocurrencies.
Have you used Bitcoin, Dogecoin, Ripple, Tether, Litecoin, Ethereum, or other cryptocurrencies? If so, explain why you chose to use one of these systems and describe your experience.
If you haven’t used cryptocurrencies, discuss your opinion about using them. Would you be interested in using or investing in cryptocurrency? Explain why or why not.
How do you think blockchain technology and cryptocurrency might affect the economy in the future?

INSTRUCTIONS!!!!!:
An organization is planning to upgrade the desktop systems for all of its administrative assistants. Currently, the assistants have different operating systems and software versions making sharing information difficult. The new systems will include Office 365 to allow for consistent software and easy updates. There are currently 28 assistants and the project will include two backup systems for future failures. The total cost for the project is expected to be $57,870 for an all-in-one desktop, (30 * $1,929), MS 365 Business Premium ($20 per user per month), and $11,070 for personal color laser printers (30 * $369). What part, if any, of this equipment and software can be capitalized? Should it be capitalized? Explain why or why not.
Sample Post BELOW
This is an interesting scenario and one that often plays out at my employer. I do not have visibility into the pc realm, but do have to make some decisions regarding servers and other infrastructure. Given the scenario, the first thing that comes to mind are the printers. I am shocked that they want personal devices for every desk. Also, they are ordering two spares or “backups” to match the number of PC’s. I believe this is an error, and that they should purchase two larger network color laser printers. It will cost less, and the maintenance and toner costs will be reduced as well. Please note, that the toner and any maintenance would be considered expense, not capital, so lowering expenses would mean reducing the number toner cartridges. If there are areas that need personal printers, a few can be ordered. Those should only be needed for printing checks or other private matters. With two network printers, they serve as each other’s backup. Whatever printer layout they choose, they will be using this as part of the capital budget process. The benefit is that the computers and printers would be consider office equipment or “Computers and peripheral equipment”, for which the IRS allows deductions for up to 5 years (Publication 946, 2023). 
The PC’s would be a capital purchase as well and the company can take the depreciation for 5 years as noted above. The benefit to doing so is to use the deductions to show better profitability for the organization. For my employer, capital investments are assets, and the more assets or investments we have, the better the organization looks as far as profitability. The Microsoft subscription is expense. It cannot be capitalized nor qualify for a deduction. It is essentially a software lease, nothing is purchased. If they want to capitalize it, they need to buy the software licenses which would show ownership, then have a separate maintenance agreement for updates. The maintenance agreement would be expense, and the software purchase could be capitalized. In most cases, Microsoft does not do that, they sell it as a subscription which is purely expense.

How do differences in psychological biases between management and shareholders of a target firm affect their decision-making regarding mergers and acquisitions?
Please ensure the following: 1) make sure your essay is checked for grammar, 2) if you quote, please provide citations format APA, 3) Plagiarism is not tolerated and will lead to an F grade.  

Explain how the limits to arbitrage can interfere with market efficiency even in the presence of smart money. 
Please note, have your response more than two sentences but no more than a paragraph.

Would only need to write on the Logistics (Purchasing (C) and Inventory (D)) portion of the paper and if possible a powerpoint to go with. Not sure if you will need the information on the excel, just sending it to be safe.

Write a 1200 paper on AT&T Inc in which you present the following information:
Company Background. Discuss the background of the company: when it was founded, when it  went public, valuation, type of business, business partners, and other pertinent information about the company.
Raising Capital for Expansion. Suppose that the company has decided to expand its production facilities and needs to raise $200 million.
Discuss the current state of financial markets and their relevance to the company and its success in this venture.
Discuss the Federal Reserve’s current monetary policy and the effect it will have on sources the company will consider to raise the appropriate capital. Information on the  Federal Reserve is available at The Federal Reserve.
Sources of Funding. Discuss sources of funding that may be available to your company. 
For stocks: Determine the cost of capital for raising funds through stocks. How will the stocks be valued?
For bonds: Determine the bond rating for your company. (Use one of the rating companies and document the source for your rating.) Determine the cost of capital for raising funds through the sale of bonds.
Consider the use of money markets and through sources such as the Internet and current periodicals. Determine the cost of raising money through money markets.
Consider the cost of a 10-year loan based at current bank interest rates available to your company.
Your paper should be clearly written, concise, and well organized. Proofread your paper to be sure spelling, grammar, and punctuations are correct. Document your paper accurately in APA format.

Why do financial executives succumb to extrapolation bias when estimating the market risk premium? Provide a recent example.
Please note, have your response more than two sentences but no more than a paragraph.

Course Textbook(s)
Brigham , E. F., & Ehrhardt, M. C. (2024). Financial management: Theory and practice (17th ed.). Cengage Learning. https://online.vitalsource.com/#/books/9798214119823
Valuation, Governance, and Planning: A Triad for Corporate Success
Corporate valuation serves as a cornerstone for decision-making, strategic planning, and investment; however, its accuracy and effectiveness often rely on the backdrop of good corporate governance. Governance structures and policies can significantly influence a company’s value, either positively or negatively, affecting shareholders and the broader market.
Address the following topics for this week’s discussion:
Corporate Valuation Techniques: Begin by discussing two or three primary corporate valuation techniques with which you are familiar. What are the strengths and weaknesses of each method? How do these techniques help in determining the inherent value of a corporation?
Governance Impact: Examine how different governance structures can affect these valuation methods. Can good governance enhance the value derived from these techniques? Conversely, can poor governance diminish the value? Provide real-world examples where possible.
Financial Planning Enhancements: Reflect on the various financial planning techniques introduced in this unit. Recommend at least two techniques that, in your opinion, have the potential to enhance the value of corporations. Consider their short-term and long-term implications.
Agency Costs and Debt Covenants: Briefly discuss how the use of debt covenants can serve as a tool to reduce agency costs. How does this relate to governance and potential enhancements in corporate valuation?
In your response, be sure to integrate the course material, and, when possible, bring in outside sources and real-world examples to strengthen your arguments.