How to Apply for a GrantYou now have a compelling problem/need statement written, so you’re well on your way to applying for that grant. But the funders are going to need a lot more information than what you put in those few paragraphs.Now you need to find out more of the specifics that you’ll need to put into the actual grant application. At this stage you will need to complete two things:Choose one of the funders identified in the first part of the course to do some additional research on and create a list of required items to apply for that grant.Develop goals and objectives for the program that can be used in the grant application.Part 1Research the application requirements for two of the funders identified at the beginning of the course. In a Word document, write 1–2 paragraphs on why you believe each funder has the requirements they do, what, if any, differences there are in application requirements, and what might account for those differences.Part 2You will develop clear goals that define what the Resource Center intends to accomplish through the development of the tutorial program, as well as establish measurable objectives that will highlight your organization’s progress toward established goals.The goals and objectives provide an assessment of the tutorial program's success to both the organization and the funder. When goals and objectives are not clearly defined, it can not only have an impact on the program's outcomes, but it can also impact negatively program staff, participants, and funders.Based on the problem statement you created, you’ll want to answer the following questions:What are the key areas of the nonprofit are you seeking to change?Who (which segment of the population or community) will be affected or involved with the change?How will the change be measured (an increase or improvement, or a decrease and reduction)? And by how much?When will this change take place? Months? Years? Or by what specific date?Use the template, Worksheet 4.1A - Goals and Objectives in Winning Grants Step by Step to develop goals and objectives by focusing on outcomes. First, develop a general goal for the program, then describe the objectives that tie to that goal. Use one of these tables for each goal you have:Goal:Objective 1Objective 2Objective 3Direction of change Area of change Target population Degree of change Time frame Follow this standard form as objective statements are developed: To (direction of change) + (area of change) + (target population) + (degree of change) + (time frame).As you fill out these Goals and Objective tables, keep the following questions in mind:Are the goals stated as results? Doo they relate to the problem statement? Do they represent the key changes the organization hopes to see?Are the outcome objectives stated as results that relate to a program goal? Are they stepping stones to achieving success (the goal)? Can everyone understand them?Can progress in meeting the objectives be measured and assessed?Do the objectives describe the population and a specific time frame for change?The specific course learning outcome associated with this assignment is:Research the steps to apply for a grant.By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.Institution Release Statement

31. Advanced Micro Devices (NYSE: AMD) is currently trading at $20.75 on the NYSE. Advanced Micro Devices is also listed on NASDAQ and assume it is currently trading on NASDAQ at $20.50. Required: Does an arbitrage opportunity exist and if so how would you exploit it and how much would you make on a block trade of 1,000 shares? (4 marks) 32. Required:  Can the nominal interest rate ever be negative? Can the real interest rate ever be negative? Explain. (4 marks) 33. Required:  What is the relationship between a bond's price and its yield to maturity? (2 marks) 34. Growing Real Fast Company (GRF) is expected to have a 25 percent growth rate for the next four years (affecting D1, D2, D3, and D4). Beginning in year five, the growth rate is expected to drop to 7 percent per year and last indefinitely. Required: If GRF just paid a $2.00 dividend and the appropriate discount rate is 15 percent, then what is the value of a share of GRF? (4 marks) 35. Consider two mutually exclusive projects with the following cash flows: Project C/F0 C/F1 C/F2 C/F3 C/F4 C/F5 C/F6 A $(41,215) $12,500 $14,000 $16,500 $18,000 20,000 N/A B $(46,775) $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 Required: If the discount rate for project B is 15%, then what is the NPV for project B? (4 marks) 36. Required: What is a sunk cost? Should it be included in the incremental cash flows for a project? Why or why not? (4 marks) 37. Consider the following realized annual returns: Year End Market Realized Return Microsoft Realized Return 1996 21.2% 88.3% 1997 30.3% 56.4% 1998 22.3% 114.6% 1999 25.3% 68.4% 2000 -11.0% -62.8% 2001 -11.3% 52.7% 2002 -20.8% -22.0% 2003 33.1% 6.9% 2004 13.0% 9.2% 2005 7.3% -0.9% Required: Using the data provided in the table, calculate the average annual return, the variance of the annual returns, and the standard deviation of the average returns for the market from 1996 to 2005. (4 marks) 38. Consider the following returns: Year End Lowes Realized Return Home Depot Realized Return IBM  Realized Return 2000 20.1% -14.6% 0.2% 2001 72.7% 4.3% -3.2% 2002 -25.7% -58.1% -27.0% 2003 56.9% 71.1% 27.9% 2004 6.7% 17.3% -5.1% 2005 17.9% 0.9% -11.3% Required: Calculate the variance on a portfolio that is made up of equal investments in Home Depot and IBM stock. (6 marks) 39. The Aardvark Corporation is considering launching a new product and is trying to determine an appropriate discount rate for evaluating this new product. Aardvark has identified the following information for three single division firms that offer products similar to the one Aardvark is interested in launching: Comparable Firm Equity Cost of Capital Debt Cost of Capital Debt-to-Value Ratio Anteater Enterprises 12.50% 6.50% 50% Armadillo Industries 13% 6.10% 40% Antelope Inc. 14% 7.10% 60% Required: Based upon the three comparable firms, calculate the most appropriate unlevered cost of capital for Aardvark to use on this new product. (4 marks) 40. Consider a project with free cash flows in one year of $90,000 in a weak economy or $117,000 in a strong economy, with each outcome being equally likely. The initial investment required for the project is $80,000, and the project's cost of capital is 15%. The risk-free interest rate is 5%. Sisyphean Bolder Movers Incorporated has no debt, a total equity capitalization of $50 billion, and a beta of 2.0. Included in Sisyphean's assets are $12 billion in cash and risk-free securities. Required: Calculate Sisyphean's enterprise value and unlevered beta considering the fact that Sisyphean's cash is risk-free. (4 marks)