Managerial Finance Assignment. Read instructions and demonstrate you have read them on your bid and that can you complete the assignment for the initial price.

Part A: Cash Flow of Accounts Receivable Myers and Associates, a famous law office in California, bills its clients on the first of each month. Clients pay in the following way: 40% pay at the end of the first month 30% pay at the end of the second month 20% pay at the end of the third month 5% pay at the end of the fourth month 5% default on their bills The actual and anticipated billings are as follows: Give the anticipated cash flow for the first quarter of 2018 if the past billings and anticipated billings follow this same pattern. Show your work. Part B: Straight Bank Loan Right Bank offers EAR loans of 9.38% and requires a monthly payment on all loans. a. What is the APR for these monthly loans? Show your work. b. What is the monthly payment for the following? Show your work. 1. A loan of $200,000 for six years 2. A loan of $450,000 for twelve years 3. A loan of $1,250,000 for thirty years Part C: Selling Bonds Astro Investment Bank has the following bond deals under way: The bond yield in the table is the market yield before the commission is charged. Assume that all bonds are semiannual and issued at a par value of $1,000. Determine the net proceeds of each bond and the cost of the bonds for each company in terms of yield. Show your work.