Drs. Jones and Smith have reviewed the budget you provided to them for their expansion efforts. Both of them have indicated that they could contribute additional personal funds into the practice in an equal proportion to fund the expansion project, but they want you to advise them on whether this would be beneficial or too costly. Considering the time value of money, the cost of debt, and the loss of personal interest if they contribute to the practice instead of holding onto their personal funds. What are the points of discussion you would present to the doctors and what would be your recommendation for the long-term growth of the practice vis-à-vis their personal wealth?

Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)