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Holt Enterprises recently paid a dividend, D0, of $2.25. It expects to have nonconstant growth of 23% for 2 years followed by a constant rate of 10% thereafter. The firm's required return is 17%. a. How far away is the horizon date? I. The terminal, or horizon, date is infinity since common stocks do not have a maturity date. II. The terminal, or horizon, date is Year 0 since the value of a common stock is the present value of all future expected dividends at time zero. III. The terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs at time zero. IV. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the beginning of Year 2. V. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2. b. What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent. $ c. What is the firm's intrinsic value today, P0 ? Do not round intermediate calculations. Round your answer to the nearest cent. $.
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Holt Enterprises recently paid a dividend D0 of 275 It .pdf
Holt Enterprises recently paid a dividend, D0, of $2.75. It expects to have nonconstant growth of
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a. How far away is the horizon date? I. The terminal, or horizon, date is Year 0 since the value of
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is infinity since common stocks do not have a maturity date. b. What is the firm's horizon, or
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of $3.75 . It expects to have nonconstant growth of 14% for 2 years followed by a constant rate
of 10% thereafter. The firm's required return is 20% . a. How far away is the horizon date? I. The
terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the
beginning of Year 2. II. The terminal, or horizon, date is the date when the growth rate becomes
constant. This occurs at the end of Year 2. III. The terminal, or horizon, date is infinity since
common stocks do not have a maturity date. IV. The terminal, or horizon, date is Year 0 since
the value of a common stock is the present value of all future expected dividends at time zero. V.
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at time zero. b. What is the firm's horizon, or continuing, value? Do not round intermediate
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terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs at
time zero. II. The terminal, or horizon, date is the date when the growth rate becomes constant.
This occurs at the beginning of Year 2 . III. The terminal, or horizon, date is the date when the
growth rate becomes constant. This occurs at the end of Year 2. IV. The terminal, or horizon,
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Holt Enterprises recently paid a dividend, D0, of $1.50. It expects .pdf
Holt Enterprises recently paid a dividend, D0, of $1.50. It expects to have nonconstant growth of
25% for 2 years followed by a constant rate of 9% thereafter. The firm's required return is 16%.
How far away is the horizon date?
The terminal, or horizon, date is Year 0 since the value of a common stock is the present value of
all future expected dividends at time zero.
The terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs
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The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at
the beginning of Year 2.
The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at
the end of Year 2.
The terminal, or horizon, date is infinity since common stocks do not have a maturity date.
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What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round
your answer to the nearest cent.
$
What is the firm's intrinsic value today, ? Do not round intermediate calculations. Round your
answer to the nearest cent. a. How far away is the horizon date? I. The terminal, or horizon, date
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Holt Enterprises recently paid a dividend D0 of 275 It .pdf
Holt Enterprises recently paid a dividend, D0, of $2.75. It expects to have nonconstant growth of
16% for 2 years followed by a constant rate of 4% thereafter. The firm's required return is 20%. a.
How far away is the horizon date? I. The terminal, or horizon, date is the date when the growth
rate becomes constant. This occurs at the beginning of Year 2. II. The terminal, or horizon, date is
the date when the growth rate becomes constant. This occurs at the end of Year 2. III. The
terminal, or horizon, date is infinity since common stocks do not have a maturity date. IV. The
terminal, or horizon, date is Year 0 since the value of a common stock is the present value of all
future expected dividends at time zero. V. The terminal, or horizon, date is the date when the
growth rate becomes nonconstant. This occurs at time zero. b. What is the firm's horizon, or
continuing, value? Do not round intermediate calculations. Round your answer to the nearest cent.
$ c. What is the firm's intrinsic value today, P0 ? Do not round intermediate calculations. Round
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Holt Enterprises recently paid a dividend, D0, of $2.75. It expects t.pdf
Holt Enterprises recently paid a dividend, D0, of $2.75. It expects to have nonconstant growth of
15% for 2 years followed by a constant rate of 7% thereafter. The firm's required return is 10%.
a. How far away is the horizon date? I. The terminal, or horizon, date is Year 0 since the value of
a common stock is the present value of all future expected dividends at time zero. II. The
terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs at
time zero. III. The terminal, or horizon, date is the date when the growth rate becomes constant.
This occurs at the beginning of Year 2 . IV. The terminal, or horizon, date is the date when the
growth rate becomes constant. This occurs at the end of Year 2. V. The terminal, or horizon, date
is infinity since common stocks do not have a maturity date. b. What is the firm's horizon, or
continuing, value? Do not round intermediate calculations. Round your answer to the nearest
cent. $ c. What is the firm's intrinsic value today, P0 ? Do not round intermediate calculations.
Round your answer to the nearest cent. $.
5- Problem 9-04 (Nonconstant Growth Valuation) Holt Enterprises recent (1).pdf
5. Problem 9.04 (Nonconstant Growth Valuation) Holt Enterprises recently paid a dividend, D 0 ,
of $3.75 . It expects to have nonconstant growth of 14% for 2 years followed by a constant rate
of 10% thereafter. The firm's required return is 20% . a. How far away is the horizon date? I. The
terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the
beginning of Year 2. II. The terminal, or horizon, date is the date when the growth rate becomes
constant. This occurs at the end of Year 2. III. The terminal, or horizon, date is infinity since
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time zero. II. The terminal, or horizon, date is the date when the growth rate becomes constant.
This occurs at the beginning of Year 2 . III. The terminal, or horizon, date is the date when the
growth rate becomes constant. This occurs at the end of Year 2. IV. The terminal, or horizon,
date is infinity since common stocks do not have a maturity date. v. The terminal, or horizon,
date is Year 0 since the value of a common stock is the present value of all future expected
dividends at time zero. b. What is the firm's horizon, or continuing, value? Do not round
intermediate calculations. Round your answer to the nearest cent. $ c. What is the firm's intrinsic
value today, P 0 ? Do not round intermediate calculations. Round your answer to the nearest
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Holt Enterprises recently paid a dividend De of 3150 It .pdf
Holt Enterprises recently paid a dividend, De, of 31.50. It expects to have nonconstant growth of
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rate becomes constant. This occurs at the end of Year 2. If. The terminal, or herizon, date is
infinity since common stocks do not have a maturity date. IIt. The terminal, or horizon, date is Year
0 since the value of a common stock is the present value of all future expected dividends at time
rere. IV. The terminal, or harizon, date is the date when the growth rate becomes nonconstant.
This occurs at time rero. V. The terminal, or horizon, date is the date when the growth rate
becomes constant. This occurs at the beginning of Year 2. b. What is the firm's harizon, or
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12% a. How for away is the horizon date? 1. The terminal, or horizon, date is the date when the
growth rate becomes constant. This occurs at the end of Year 2. II. The terminal, or horizon, dote
is infinity since common stocks do not have a maturity date. III. The terminal, or horizon, date is
Year 0 since the value of a common stock is the present value of all future expocted dividends at
time zero. I. The terminal, or horizon, date is the date when the growth rate becomes
nonconstant. This ocours at time rero. V. The terminai, or horizon, date is the date when the
growth rate becomes constant. This accurs at the begining of Year z. b. What is the firm's
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Holt Enterprises recently paid a dividend, D0, of $1.50. It expects .pdf
Holt Enterprises recently paid a dividend, D0, of $1.50. It expects to have nonconstant growth of
25% for 2 years followed by a constant rate of 9% thereafter. The firm's required return is 16%.
How far away is the horizon date?
The terminal, or horizon, date is Year 0 since the value of a common stock is the present value of
all future expected dividends at time zero.
The terminal, or horizon, date is the date when the growth rate becomes nonconstant. This occurs
at time zero.
The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at
the beginning of Year 2.
The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at
the end of Year 2.
The terminal, or horizon, date is infinity since common stocks do not have a maturity date.
-Select-IIIIIIIVVItem 1
What is the firm's horizon, or continuing, value? Do not round intermediate calculations. Round
your answer to the nearest cent.
$
What is the firm's intrinsic value today, ? Do not round intermediate calculations. Round your
answer to the nearest cent. a. How far away is the horizon date? I. The terminal, or horizon, date
is Year 0 since the value of a common stock is the present value of all future expected dividends
at time zero. II. The terminal, or horizon, date is the date when the growth rate becomes
nonconstant. This occurs at time zero. III. The terminal, or horizon, date is the date when the
growth rate becomes constant. This occurs at the beginning of Year 2. IV. The terminal, or
horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year
2. V. The terminal, or horizon, date is infinity since common stocks do not have a maturity date..
Enterprises recently paid a dividend, D0, of $3.50. It expects to hav.pdf
Enterprises recently paid a dividend, D0, of $3.50. It expects to have nonconstant growth of
12% for 2 years followed by a constant rate of 10% eafter. The firm's required return is 11%. a.
How far away is the horizon date? I. The terminal, or horizon, date is Year 0 since the value of a
common stock is the present value of all future expected dividends at time zero. II. The terminal,
or horizon, date is the date when the growth rate becomes nonconstant. This occurs at time zero.
III. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs
at the beginning of Year 2 . IV. The terminal, or horizon, date is the date when the growth rate
becomes constant. This occurs at the end of Year 2. V. The terminal, or horizon, date is infinity
since common stocks do not have a maturity date..
Enterbrises recently paid a dividend- Do- of 54-00- It expects to have.pdf
Enterbrises recently paid a dividend, Do, of 54.00. It expects to have nonconstant growth of 12%
for 2 years followed by a constant rate of 8% thereafter. The fermis required return is 11% . a.
How far away is the horizon date? 1. The terminal, or horizon, date is the date when the groweh
rete becomes nonconstant. This occurs at time zero. 11. The terminal, or horizon, date is the date
nhen the growth rate becomes constant. This occurs at the beginning of Year 2 . Iit. The terininal,
or harizen, date is the date ahen the growth rate becomes constant, This occurs at the end of Year
2 . TV. The terminal, or horizoo, date is infinity since common atocks do not have a maturity
date. V. The terminal, or horion, date is Year o vince the value of a common stock is the present
value of al future expected dividends at time sero. b. What is the firm's horison, or continuing,
value? Do not round intermediote caloulseions. Round your answer to the nearent cent? c. What
is the firm's intrinsic vaive today. P 6 > Do not round intermedite cakulations. Round your
mosmer to the nearest cent..
Problem 9-4 Nonconstant growth valuation Hart Enterprises recently pa.pdf
Problem 9-4 Nonconstant growth valuation Hart Enterprises recently paid a dividend, DO of
$1.00. It expects to have nonconstant growth of 14% for 2 years followed by a constant rate of
4% thereafter. The m s required return is 16% a. How far away is the horizon date? I. The
terminal, or horizon, date is infinity since common stocks do not have a maturity date. II. The
terminal, or horizon, date is Year 0 since the value of a common stock is the present value of all
future expected dividends at time zero III. The terminal, or horizon, date is the date when the
growth rate becomes nonconstant. This occurs at time zero. IV. The terminal, or horizon, date is
the date when the growth rate becomes constant. This occurs at the beginning of Year 2. V. The
terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the
end of Year 2. Select- b. What is the firm\'s horizon, or continuing, value? Round your answer to
two decimal places c. What is the firm\'s intrinsic value today, Po? Round your answer to two
decimal places.
Solution
Answer a.
The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at
the end of Year 2.
Answer b.
D0 = $1.00
Growth rate for next 2 years is 14%, followed by an constant growth rate (g) of 4%
D1 = $1.00 * 1.14 = $1.14
D2 = $1.14 * 1.14 = $1.2996
D3 = $1.2996 * 1.04 = $1.3516
Required return, r = 16%
Horizon Value of Firm = D3 / (r - g)
Horizon Value of Firm = $1.3516 / (0.16 - 0.04)
Horizon Value of Firm = $11.26
Answer c.
Intrinsic Value of Firm = $1.14/1.16 + $1.2996/1.16^2 + $11.26/1.16^2
Intrinsic Value of Firm = $10.32.
Acct 311 final exam answers
This document provides the answers to an ACCT 311 final exam. It lists 27 multiple choice questions about accounting concepts such as unearned revenue, current liabilities, contingent gains/losses, earnings per share, cash flows, deferred taxes, pensions, leases, and sale-leaseback accounting. For each question, 4 possible answer choices are provided. The full questions and answers are available at the listed website.
Acct 311 final exam answers
This document provides the answers to an ACCT 311 final exam. It lists 27 multiple choice questions about accounting concepts such as unearned revenue, current liabilities, contingent gains/losses, earnings per share, cash flows, deferred taxes, pensions, leases, and sale-leaseback accounting. For each question, 4 possible answer choices are provided. The full questions and answers are available at the listed website.
Acct 311 final exam answers
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Acct 311 final exam answers
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a. The company’s depreciation expense increased.
b. The company’s interest expense declined.
c. The company had an increase in its non-cash revenues.
d. Answers a and b are correct.
e. Answers b and c are correct.
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Rivers Edge Inc. has annual sales of $737,000. Earnings before interest and taxes is equal to 21 percent of sales. For the period, the firm paid $7,900 in interest. What is the profit margin if the tax rate is 35 percent?
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Of the following activities, which will increase cash?
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b. repurchasing shares of stock
c. increasing accounts payable
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I. Increase in the number of payments
II. Increase in the interest rate
III. Decrease in the interest rate.
IV. Decrease in the payment amount
a. I and II only
b. I and III only
c. II and IV only
d. I, II, and IV only
e. I, III, and IV only
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An investment will pay $3,500 five years from now. If the going interest rate on the 5-year security is 4.25%, how much is it worth today?
a.
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b.$2,030.30
c.
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e.
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ACC 291 GUIDE New Education for Service--acc291guide.com
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In mid-2015, Cisco Systems had a market capitalization of $133 billio.pdf
In mid-2015, Cisco Systems had a market capitalization of $133 billion. It had A-rated debt of
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In javaWrite a method swapArrayEnds() that swaps the first an.pdf
** In java
Write a method swapArrayEnds() that swaps the first and last elements of its array parameter.
Ex: sortArray = {10, 20, 30, 40} becomes {40, 20, 30, 10}.
import java.util.Scanner;
public class ModifyArray {
public static void main (String [] args) {
Scanner scnr = new Scanner(System.in);
int numElem = 4;
int[] sortArray = new int[numElem];
int i;
int userNum;
for (i = 0; i < sortArray.length; ++i) {
sortArray[i] = scnr.nextInt();
}
swapArrayEnds(sortArray);
for (i = 0; i < sortArray.length; ++i) {
System.out.print(sortArray[i]);
System.out.print(" ");
}
System.out.println("");
}
}.
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Anteriar inpilice cortex.
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that does not incunle warti andioe compltan..
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terminal, or horizon, date is infinity since common stocks do not have a maturity date. II. The
terminal, or horizon, date is Year 0 since the value of a common stock is the present value of all
future expected dividends at time zero III. The terminal, or horizon, date is the date when the
growth rate becomes nonconstant. This occurs at time zero. IV. The terminal, or horizon, date is
the date when the growth rate becomes constant. This occurs at the beginning of Year 2. V. The
terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the
end of Year 2. Select- b. What is the firm\'s horizon, or continuing, value? Round your answer to
two decimal places c. What is the firm\'s intrinsic value today, Po? Round your answer to two
decimal places.
Solution
Answer a.
The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at
the end of Year 2.
Answer b.
D0 = $1.00
Growth rate for next 2 years is 14%, followed by an constant growth rate (g) of 4%
D1 = $1.00 * 1.14 = $1.14
D2 = $1.14 * 1.14 = $1.2996
D3 = $1.2996 * 1.04 = $1.3516
Required return, r = 16%
Horizon Value of Firm = D3 / (r - g)
Horizon Value of Firm = $1.3516 / (0.16 - 0.04)
Horizon Value of Firm = $11.26
Answer c.
Intrinsic Value of Firm = $1.14/1.16 + $1.2996/1.16^2 + $11.26/1.16^2
Intrinsic Value of Firm = $10.32.
Acct 311 final exam answers
This document provides the answers to an ACCT 311 final exam. It lists 27 multiple choice questions about accounting concepts such as unearned revenue, current liabilities, contingent gains/losses, earnings per share, cash flows, deferred taxes, pensions, leases, and sale-leaseback accounting. For each question, 4 possible answer choices are provided. The full questions and answers are available at the listed website.
Acct 311 final exam answers
This document provides the answers to an ACCT 311 final exam. It lists 27 multiple choice questions about accounting concepts such as unearned revenue, current liabilities, contingent gains/losses, earnings per share, cash flows, deferred taxes, pensions, leases, and sale-leaseback accounting. For each question, 4 possible answer choices are provided. The full questions and answers are available at the listed website.
Acct 311 final exam answers
This document provides the answers to an ACCT 311 final exam. It lists 27 multiple choice questions about accounting concepts such as unearned revenue, current liabilities, contingent gains/losses, earnings per share, cash flows, deferred taxes, pensions, leases, and sale-leaseback accounting. For each question, 4 possible answer choices are provided. The full questions and answers are available at the listed website.
Acct 311 final exam answers
This document provides the answers to an ACCT 311 final exam. It lists 27 multiple choice questions about accounting concepts such as unearned revenue, current liabilities, contingent gains/losses, earnings per share, cash flows, deferred taxes, pensions, leases, and sale-leaseback accounting. For each question, 4 possible answer choices are provided. The full questions and answers are available at the listed website.
Acct 311 final exam answers
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Payback period time value of money ad internal rate ofreturn
This is my small presentation if any dout then mail me i'm try to solve your dou my mail id is:subhashrohit10693@gmail.com
Financial Analysis and Decision MakingMake sure all work is legi.docx
Financial Analysis and Decision Making
Make sure all work is legible and all work is shown for problems 16 – 27.
FOR MULTIPLE CHOICE, HIGHLIGHT OR BOLD YOUR RESPONSE
1. Moshen Corporation just announced that its net income was lower than last year. Nevertheless, analysts estimate that the company’s net cash flow increased. What factors could explain this inconsistency?
a. The company’s depreciation expense increased.
b. The company’s interest expense declined.
c. The company had an increase in its non-cash revenues.
d. Answers a and b are correct.
e. Answers b and c are correct.
2.
Rivers Edge Inc. has annual sales of $737,000. Earnings before interest and taxes is equal to 21 percent of sales. For the period, the firm paid $7,900 in interest. What is the profit margin if the tax rate is 35 percent?
a. 12.46 percent
b. 12.95 percent
c. 13.33 percent
d. 15.29 percent
e. 16.11 percent
3.
Of the following activities, which will increase cash?
a. increasing inventory
b. repurchasing shares of stock
c. increasing accounts payable
d. buying new equipment
e. increasing prepaid taxes
4. All else held constant, which will increase the present value of an annuity?
I. Increase in the number of payments
II. Increase in the interest rate
III. Decrease in the interest rate.
IV. Decrease in the payment amount
a. I and II only
b. I and III only
c. II and IV only
d. I, II, and IV only
e. I, III, and IV only
5.
An investment will pay $3,500 five years from now. If the going interest rate on the 5-year security is 4.25%, how much is it worth today?
a.
$1,928.78
b.$2,030.30
c.
$2,131.81
d.$2,238.40
e.
$2,842.42
6.
Standard deviation measures _____ risk while beta measures _____ risk.
a. systematic; unsystematic
b. unsystematic; systematic
c. total; unsystematic
d. total; systematic
e. asset-specific; market
7.
Forever Memories Corp. just paid an annual dividend of $2.80. The company has increased its dividend by 2.5 percent a year for the past ten years and expects to continue doing so. What will a share of this stock be worth six years from now if the required return is 16 percent?
a. $23.60
b. $24.65
c. $25.08
d. $25.50
e. $26.90
8. Main distinguishing differences between debt and equity capital consist of all of the following EXCEPT:
a. Debtholders have no voice in management so long as the issuer does not
violate stated contractual obligations.
b. Claims on income and assets are as follows: bondholders, preferred
shareholders, common shareholders.
c. Debt has a stated maturity, while equity does not.
d. In terms of tax treatment, common equity is entitled to a tax deduction.
e. Common stockholders have voting rights.
9. The payback period is the length of time it takes an investment to generate sufficient cash flows to enable the project to:
a. produce a positive annual cash flow.
b. produce a positive cash flow from assets.
c. offset its fixed e ...
ACC 291 GUIDE Education Counseling--acc291guide.com
This document provides a study guide for the ACC 291 final exam, including practice questions and answers on topics like accounts receivable, inventory, long-term assets, current and long-term liabilities, and financial statements. It also contains sample accounting journal entries, general ledger accounts, and instructions for two practice Connect assignments involving recording transactions for various businesses.
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Insecio Lula da Silva. The probbe also contributed to the impeachment and removal of Lula's
successor, Dilma Rousseff. Lula and Rousseff are members of the Workers Party. The case is
complex, revealing Chinese suppliers, Swiss bank accounts where money was hidden from
Brazilian authorities, and wire transfers that went through New York City and caught the eye of
the U.S. Department of Justice. In early 2017, the Brazilian Supreme Court justice in charge of
the investigation and prosecution was mysteriously killed in a plane crash. It is hard to imagine a
more tragic example of systemic breakdown and individual vice. The loss of trust in government
and the economy still affects ordinary Brazilians. Meanwhile, the investigation continues. -
PART L: Is there any aspect of the case where you think preventive measures could have been
taken either by management or government? How would they have worked? - Do you think this
case represents an example of a culture with different business ethics than those practiced in the
United States? Why or why not? - How might corporations with international locations adjust for
this type of issue.
However, in order for a crossing-over event to result in the re-shuff.pdf
However, in order for a crossing-over event to result in the re-shuffling of two alleles of the two
genes shown, the crossing-over event HAS to fall the two genes. Whether or not that happens
random, because it depends on how far the two gene loci are apart from each other along the
length of the chromosome. The closer the two genes are, the the probability that a randomly-
placed crossing-over event will fall between the two genes and reshuffle their alleles just by
chance. This means that for 2 very closely-linked genes ( 2 genes whose loci are very near to
each other on the same chromosome type), I would expect more than chromatids (and by
extension gametes after completion of meiosis), because crossing-over events would have
resulted in new, recombinant combinations of alleles..
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In a local water budget, when PET is greater than precipitation, the result will be a deficit, as
some portion of the moisture demand will be unmet. a withdrawal of stored moisture from the
soil. an increase in evapotranspiration, due to higher temperatures. A or B (and probably both).
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junior year at State University. Finally, Laureen paid $1,330 for herself to attend seminars at a
community college to help her improve her job skills. What is the maximum amount of
education credits Laureen can claim for these expenditures in each of the following alternative
scenarios? Note: Leave no answer blank. Enter zero if applicable. Required: a. Laureen's AGI is
$45,000. b. Laureen's AGI is $95,000 c. Laureen's AGI is $45,000, and Laureen paid $12,260
(not $1,830 ) for Ryan to attend graduate school (i.e., his fifth year, not his junior year).
Complete this question by entering your answers in the tabs below. Loureen's AG1 is $45,000..
Implement a singly linked list as a functional data structure in Ko.pdf
Implement a singly linked list as a functional data structure in Kotlin. As discussed in
the class, the list should be a sealed class with enclosed classes to construct a list,
including construction of an empty list. The following methods should be available for a
singly linked list:
1. modifyListHead() method to replace the head of the list with a different element. This
function accepts an input list and an input variable, and returns a list where the head of
the input list has been replaced with the input variable. For example, calling
modifyListHead(exList, 10) where exList = (1,2,3,4,5) would return (10,2,3,4,5).
2. dropFromList() method to drop the first n elements from the list. This function accepts
an input list and a value for n, and returns a list with the first n elements dropped. For
example, calling dropFromList(exList,1) where exList = (1,2,3,4,5) would return (2,3,4,5).
3. sumTwoLists() method that accepts two lists and adds corresponding elements of each
list. This function accepts two input lists and returns their sum as illustrated in the
example below. For two input lists (1,2,3) and (4,5,6), this function returns (5,7,9)
4. multiplyTwoLists() method that accepts two lists and multiplies corresponding elements
in the same way sumTwoLists() adds elements of two arrays..
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