An investor seeking to capitalize on a strong market upswing reduces her money market holdings and greatly increases her holdings of stocks. This investor is primarily increasing:

BWT, Inc. shows the following data in its financial statements at the end of the year. Assume all securities were outstanding at the beginning of the year:
6.125% convertible bond, convertible into 33 shares of common stock. Issue price $1,000, 100
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bonds outstanding.
6.25% convertible preferred stock, $100 par, 3,710 shares outstanding. Convertible into 3.3
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shares of common stock, Issue price $100
8% convertible preferred stock, $100 par, 5,604 shares outstanding. Convertible into 5 common
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shares, Issue price $80
12,380 warrants are outstanding with an exercise price of $40. Each warrant is convertible into 1
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share of common.
Average market price of common is $53.00 per share. Common shares outstanding at the
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beginning of the year were 45,888.
Net Income for the period was $200,000, while the tax rate was 40%.
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What was the after-tax interest charge?

Best Cycles has invested in a new project and is considering depreciating it under the sinking fund method. Which of the statements presented below would be CONSISTENT with this depreciation method?
Annual cash flows are projected to be level.

FasGrow is a no growth firm and has two million shares outstanding. It is expected to earn a constant
2 0 million per year on its assets. If all earnings are paid out as dividends and the cost of capital is 10%, calculate the current price per share for the stock.

Which type of ADR can be used if a foreign company wants to raise capital in the US through a public offering of the ADRs?
I). Unsponsored ADR.
II). Level I.
III). Level II.
IV). Level III.