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(immediately after receiving the second coupon payment, and with no transaction costs), he will have: A. a capital gain of $80. B. a capital loss of $80 C. no capital gain or loss. 3. Calculation (10 Score X6) (1) An investor purchased a $10, 000, 5-year corporate note one year ago for $10, 440. The note pays an annual coupon of $600. Over the past year, the note's annual yield-to-maturity has dropped by 1%. What total return did the investor earn over the year? (2) An analyst gathers the following information: $100 30 25 17 10 Net income Decrease in accounts receivable Depreciation Increase in inventory Increase in accounts payable Decrease in wages payable Increase in deferred taxes Sale of fixed assets Purchase of fixed assets Profit from the sale of fixed assets Dividends paid out Sale of new common stock 17 150 340 35 120 Based on the above information, the company's cash flow from operations is? (3) Greenbaum, Inc. stock pays no dividend and currently trades at $54. Based on the CAPM and assuming an expected return on the market of 12% and a risk-free rate of 8%, the expected price for Greenbaum one year from now is $62. The beta of Greenbaum shares is? (4) An investor buys a stock at $32 a share and deposits 50% initial margin. Assume that the maintenance margin is 25% The stock pays no dividends, and transaction costs and interest on the margin loan are zero. The price at which the investor would receive a margin call is ? (5) A stock that currently does not pay a dividend is expected to pay its first dividend of $1.00 five years from today. Thereafter, the dividend

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