1. A company is thinking of advertising its products on a popular TV music program.

There is a price for the first group of ads, but as one buys more ads, the price per ad drops as described in the following table: Number of Ads 1-5 6-10 11-20 More than 20 Price Per Ad Rs. 12,000 Rs. 11,000 Rs. 10,000 Rs. 9,000

For example, if you buy 8 ads, you pay Rs. 12,000 per ad for the first 5 ads and Rs. 11,000 for each of the next 3 ads. If you buy 14 ads, you pay Rs. 12,000 for each of the first 5 ads, Rs. 11,000 for each of the next 5 ads, and Rs. 10,000 for each of the last 4 ads. Write a formula using VLOOKUP only that yields the total cost of purchasing any number of ads. 2. The annual rate your bank charges you to borrow money for 1, 5, 10, or 30 years is given in the following table. Duration (Years) 1 5 10 30 of Loan Annual Loan (Percent) 6 7 9 10 Rate

If you borrow money from the bank for any duration between 1 and 30 years that's not listed in the table, your rate is found by interpolating between the rates given in the table. For example, let's say you borrow money for 15 years. Because 15 years is one quarter of the way between 10 years and 30 years, the annual loan rate would be calculated as follows: 9 + 1/4*(10) = 9.25% Write a formula using VLOOKUP that will return the annual interest rate on a loan for any period between 1 and 30 years.

3. The time chart for the arrival of local buses at Bistupur bus stand is given below:

Bus No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Time 0 45.4 18.6 76.5 88.6 97.4 23.1 98 33.7 2.8 37 24.7 6.9 63.9 84 4.1 81.4 81.2 1.2 73

The first bus (Bus No. 1) arrives at 10 am. The second bus arrives 45.4 minutes after 10 am, the third bus arrives 18.6 minutes after the second bus, and so on. A user will input the number of minutes after 10 am when he will reach the Bistupur bus stand. Write a formula that will give the earliest bus no. that he can catch, and also the number of minutes for which he will have to wait for that bus. So, if the user enters 20 minutes, the correct response will be Bus No. 2 and the user will have to wait for (45.4 - 20) = 25.4 minutes. 4. The table below contains information about the size, color, and style for a variety of shirts. For example, the first shirt is style 100 (indicated by digits between the colon and the hyphen). Its color is 65, and its size is L. Use text functions to extract the style, color, and size of each shirt.

Sl. No. 1 2 3 4 5 6 7 8 9 10 11 12

Item 100s:100-65L 100s:100-65XL 100s:100-65XXL 100s:100-06M 100s:100-06L 100s:100-06XL 100s:100-06XXL 100s:100-06M 100s:100-06L 100s:100-06XL 100s:100-06XXL 100s:100-65M

5. Determine the day that occurs 83 workdays after todays date (including holidays). 6. The table below gives the dates (mm/dd/yy) on which several machines were bought and sold. Determine how many months and years each machine was kept. Bought 4/27/12 12/1/12 7/30/13 7/10/13 11/17/19 1/2/20 1/18/17 10/6/18 9/10/17 4/11/16 11/7/22 1/14/14 11/19/13 8/26/20 12/30/15 12/25/22 6/29/16 9/7/14 2/18/11 8/11/18 4/4/22 Sold 8/22/13 9/4/14 5/13/15 3/15/15 7/22/22 7/3/23 2/3/21 1/7/22 9/23/19 2/10/20 10/8/23 12/21/16 7/16/16 5/9/24 11/7/16 1/8/27 8/17/19 10/31/16 12/26/11 8/17/21 7/14/24

7. A footballer is to receive a Rs. 10, 00, 000 signing bonus today and Rs. 20, 00, 000 one year, two years, and three years from now. Assuming the rate of interest to be 10%, and ignoring tax considerations would he be better off receiving Rs. 6, 00, 000 today? 8. A project has the following cash flows: Now -$4 million 1 Year From Now $4 million 2 Years From Now $4 million 3 Years From Now -$3 million

If the company's cost of capital is 15 percent, should they do the project? 9. After completing her MBA from XLRI, Sohini will begin working at a Rs. 15, 00, 000 per year job on August 1, 2012. She expects to receive a 5% raise each year until she retires on August 1, 2042. If the cost of capital is 8%, determine the total present value of her before-tax earnings. 10. Consider the following two projects. Assume a company's cost of capital is 15 percent. Find the IRR and NPV of each project. Which projects add value to the company? If the company can choose only a single project, which project should it choose? Year 1 Year 2 Year 3 Year 4 Project 1 Project 2 -$40 -$80 $130 $36 $19 $36 $26 $36

11. Find all IRRs for a project having the given cash flows on the listed dates. 1/10/2003 -$1,000 7/10/2003 5/25/2004 7/18/2004 3/20/2005 4/1/2005 1/10/2006 $900 $800 $700 $500 $500 $350

12. You are going to buy a new car. The cost of the car is $50,000. You have been offered two payment plans: 1. A 10 percent discount on the cost of the car followed by 60 monthly payments financed at 9 percent per year. 2. There is no discount on the cost of the car, but the 60 monthly payments are financed at only 2 percent per year. If you believe your annual cost of capital is 9 percent, which payment plan is a better deal? Assume all payments occur at the end of the month.

13. You have been assigned to analyze the profitability of Sachin Tendulkar's autobiography. Given below are the assumptions made a) b) c) d) e) f) g) h) i) Sachin will receive a onetime royalty payment of Rs 75 lakhs The fixed cost of producing the hard cover version of the book is Rs 25 lakhs The variable cost of producing each hard cover book is Rs 200 The publisher's net from selling each copy of a hardcover is Rs 1000 The publisher expects to sell 10 lakh hard cover versions of the book The fixed cost of producing the paperback version of the book is Rs 2 lakhs The variable cost of producing each paperback version is Rs 50 The publisher's net from selling each copy of a paperback is Rs 500 Paperback sales will be double the hard cover sales

Determine how the profits of the publisher will vary as the hard cover sales vary from 1 lakh to 50 lakhs Also determine how the profits of the publisher will vary as the hard cover sales vary from 1 lakh to 50 lakhs and the ratio of paper back sales to hard cover sales vary from 1 to 2.5 Draw a chart to graphically depict how the publisher's profits vary with the hard cover sales and the ratio of paper back to hard cover sales

14. The Budhha Airline flight from Kathmandu to Pokhara has a capacity of 250 people. The airline sold 270 tickets for the flight at a price of Rs. 3000 per ticket. Tickets are nonrefundable. The variable cost of flying a passenger (mostly food costs and fuel costs) is Rs. 300 per passenger. If more than 250 people show up for the flight, the flight is overbooked and Budhha Airline must pay overbooking compensation of Rs. 3500 per person to each overbooked passenger. Develop a worksheet that computes Budhha Airline's profit based on the number of customers who show up for the flight. 15. A drug company believes a new drug will sell 10,000 units during 2012. They expect two competitors to enter the market. The year in which the first competitor enters, the company expects to lose 30 percent of its market share. The year in which the second competitor enters, the company expects to lose 15 percent of its market share. The size of the market is growing at 10 percent per year. Given values of the years in which the two competitors enter, develop a worksheet that computes the annual sales of the company for the years 20122021.

16. The following questions refer to the file Songs.xslx a) How many songs were not sung by Britney Spears? b) How many songs were played before June 15, 2004? c) How many songs are longer than the average length of all songs on the list? d) How many songs were played between June 1, 2004, and July 4, 2006?

e) How many songs were sung by singers whose names begin with M? f) How many songs were sung by singers whose names contain an e? g) How many songs sung by Barry Manilow were played in 2004? h) How many songs at least four minutes long and sung by Mandy Moore were played in 2007 or earlier? i) How many songs exactly three minutes long and sung by Britney Spears were played later than 2004? j) How many songs were sung by Madonna and play for duration not less than 3 minutes and not more than 4 minutes? 17. The ADDRESS function yields the actual cell address associated with a row and column. For example, the formula ADDRESS(3,4) yields $D$3. What result would be obtained if you entered the formula =INDIRECT(ADDRESS(3,4))? 18. Write a formula that will total the entries in the cell range C2:M2 even if you insert one or more columns between columns C and M. 19. To obtain a golfers handicap, we average the 10 lowest of the golfers last 20 rounds. Then we subtract 80 and round to the nearest integer to obtain the handicap. Thus, if the 10 lowest of last 20 rounds added up to 864, the handicap would be 6. The golfers scores are given in the file Golf Scores.xslx. Beginning in the 21st round, compute the golfers handicap after each round. We will assume that if the 10th best score in the last 20 rounds occurs more than once, then all rounds including that score will be included in the handicap calculation. Use the OFFSET function 20. Each row of the table below contains sales data for a product (P1, P2, or P3) from January through July. Suppose we enter a month and a product into our worksheet. Write a formula using OFFSET that will give the total sales of that product during the given month. Product P1 P3 P2 P1 P1 P3 P1 P2 P1 Jan 128 75 124 135 138 95 104 111 89 Feb 50 90 146 84 88 60 74 115 106 Mar 107 139 130 127 92 113 84 146 82 Apr 86 90 117 61 63 87 126 116 99 May 54 146 144 102 119 138 125 106 86 Jun 86 88 111 109 60 119 110 71 111 Jul 89 133 122 127 92 134 77 91 114