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BUSN 379 DeVry Entire Course

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a. Why is this shorter than the time needed to pay off the traditional mortgage?<br />

The bi-weekly payments pay off the loan quicker for two reasons. First, one-half of the payment gets to the bank quicker<br />

each month, which reduces the interest that accrues each month. Second, the company is actually making 13 full<br />

payments each year (26 bi-weekly periods amounts to 13 monthly payments).<br />

a. How much interest would the company save?<br />

4. Assume S&S Air takes out a bullet loan under the terms described. What are the payments on the loan?(15/15)<br />

a. Monthly payments<br />

b. Bullet Payment<br />

5. What are the payments for the interest-only loan?(15/15)<br />

6. Which mortgage is the best for the company? Are there any potential risks in this action?(10/10)<br />

<strong>BUSN</strong> <strong>379</strong> <strong>DeVry</strong> Week 6 Case Study<br />

Case III - Chapter 8 Case, Bullock Gold Mining, page 274 is due this week.<br />

See the Syllabus section "Due Dates for Assignments & Exams" for due date information.<br />

Week 6 Case Study III.<br />

1. Construct a spreadsheet to calculate the payback period, internal rate of return, modified internal rate of return, and<br />

net present value of the proposed mine. You must submit the spreadsheet. Repeat your answers below.(60/60)<br />

2. Based on your analysis, should the company open the mine?(30/30) Since<br />

3. Bonus Question (not graded): Most spreadsheets do not have a built-in formula to calculate the payback period.<br />

Write a VBA script that calculates the payback period for a project.<br />

Work written clearly and without errors of spelling or syntax. Points deducted: 0<br />

Late fee. Points deducted: 0<br />

Your work was distinguished. You answered the questions fully. Your writing was clear and free of errors.<br />

Total Points: 90<br />

Dr. Geoff<br />

Your answers for section 3 and 6 were incorrect.<br />

Your work was distinguished. You answered the questions fully. Your writing was clear and free of errors.<br />

You would have received fewer deductions if you had shown your work. Your writing was clear and free of errors. Your<br />

answers for section 3, 5, 6, 8 and 10 were incorrect.<br />

<strong>BUSN</strong> <strong>379</strong> <strong>DeVry</strong> Complete Homework Package<br />

<strong>BUSN</strong> <strong>379</strong> <strong>DeVry</strong> Week 1 Homework<br />

Please complete the following exercises from Chapter 2 of your textbook and post them in the Dropbox.<br />

Chapter 2: 8, 14, and 19<br />

Week 1Assignment. Chapter 2: 8, 14, and 19<br />

2.8<br />

What is the OCF?(5/5)

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