1) Analyse the pro and cons of the sinking fund from point of view of both firm and its bondholders. Find out the basic manner in which this knowledge could be helpful to financial manager. Give a motivation for your response.

2) Suggest two bonds that you believe TFC must invest in, and give a justification for your recommendation.

Requirements:

References should be included
1 page

2) Jasmine is the latest marketing representative for the hospital supply company. She has the starting salary= $48,000, but after 1 year salary structure changes to $36,000 plus 5% of total sales. As she re-examine her sales for her first year, she is somewhat anxious about her earnings in next year.

From the productivity standpoint, respond the following:

i) How would you devise the MCM system for marketing representative which included other variables besides sales?

ii) Determine the projected income for Jasmine in coming year?

iii) Should Jasmine get another job?

Quarter Sales ($)

1) 27,000
2) 29,000
3) 31,000
4) 36,000