In one town, 77% of adults have health insurance. What is the probability that 5 adults selected at random from the town all have health insurance? Round to the nearest ten- thousandth if necessary.

Does the Diversity of a Given Location Make it Easier to Assimilate?

In Chapter 5 of We Want Workers, Borjas discusses that New York is more successful than most places in assimilating immigrants because immigrants in New York have to intermingle with those from all over the world. When you go to New York, it's very noticeable just how cosmopolitan the city is; Chinatown and Little Italy come to mind almost immediately. New York is perhaps the city in the world most famous for immigrants and this cultural reality allows for immigrants to more easily adjust.

Compare that to Borjas's hometown of Miami where the Cuban community felt less pressure to assimilate and was more easily able to create an enclave of sorts. Most of the other immigrant groups in Miami are also from Latin America so it's easier to get by with just Spanish while in New York, there're immigrants from all over the world who speak many languages, therefore they use English to communicate with one another.

Could it be possible that if a variety of different immigrant groups are in the same geographic location, it's easier to assimilate as opposed to if only one dominant immigrant group is in that area?

1.Home Builder Supply, a retailer in the home improvement industry, currently operates seven retail outlets in Georgia and South Carolina. Management is contemplating building an eighth retail store across town from its most successful retail outlet. The company already owns the land for this store, which currently has an abandoned warehouse located on it. Last month, the marketing department spent $10,000 on market research to determine whether to build and open the new store. Which of the following should be included as part of the incremental free cash flows for evaluating the proposed new retail store?

a.The interest paid on the bridge loan used to finance construction costs construction costs of the new retail store.

b.The expected loss of sales at its existing retail outlet, if customers who previously drove across town to shop at the existing outlet become customers of the new store instead.

c.The $10,000 in market research spent to evaluate customer demand.

d.The dividends be paid out to shareholders from the new store’s profits.

e.cost of managers’ time and effort spent so far evaluating the new store

2.The U.S. Government just issued a zero-coupon bond with a face value of $1,000 and maturity of 30 years. Other similar bonds offer 4.50% per year, compounded semiannually. Compute the value of the bond. what is the formula used?

3.A bond has a maturity of 10 years, face value of $1,000, and coupon rate of 4.00%. Coupon payments are made semiannually. Other similar bonds offer 6.50% per year, compounded semiannually. Compute the value of a bond. what's the formula used?

You are advising the small town of Blackrock regarding future plans for 1,000 acres of forest located near the town. The owner of the forest has offered to sell the land to the town for $2,000,000. The forest provides many recreational benefits for local residents, as well as being the home of much wildlife including an endangered species. After conducting several studies you estimate that the annual recreational and environmental benefits will be $100,000 per year. (please use 6% as the discount rate )

a) Considering only the next 50 years, is buying the forest a good idea for the town? Why or why not?

b) What is the maximum amount the town would be willing to pay the landowner to lease the land for 50 years? Explain why.

c) How would your answers to parts a) and b) change if the recreational and environmental benefits increase by 3% per year, reflecting the fact that the town is growing, not only in population but also in income of the population? Explain.

d) Which methods of benefit estimation would you use to estimate i) the recreational benefits, and ii) the environmental benefits of the forest? Explain the reasons for your choice and describe how you would undertake each study (maximum 100 words).

You can turn a word into pig-Latin using the following two rules:

• If the word starts with a consonant, move that letter to the end and append 'ay'. For example, 'happy' becomes 'appyhay' and 'pencil' becomes 'encilpay'.
• If the word starts with a vowel, simply append 'way' to the end of the word. For example, 'enter' becomes 'enterway' and 'other' becomes 'otherway'. For our purposes, there are 5 vowels: a, e, i, o, u (we consider y as a consonant).

Write a function pig() that takes a word (i.e., a string) as input and returns its pig-Latin form. Your function should still work if the input word contains upper case characters. Your output should always be lower case.

For example, if you enter

pig('happy')

The output should be

'appyhay'

If you enter

pig('Enter')

The output should be

'enterway'

2. Suppose an industry consists of two firms that compete in prices. Each firm produces one product. The demand for each product is as follows:

q1 = 25 − 5p1 + 2p2

q2 = 25 − 5p2 + 2p1

The cost functions are C(qi) = 2 + qi for i = 1, 2.

The Nash equilibrium price is 3.75

(e) What is the percentage markup of price over marginal cost here (this is called the Lerner index)? Do the firms have market power? Why does the Bertrand paradox of zero variable duopoly profits apply here?

(f) Suppose the firms merged. What is the new price of products 1 and 2?

(g) Explain intuitively why the price is higher under monopoly than under Bertrand duopoly?

(h) Are total monopoly profits higher or lower than the sum of Bertrand duopoly profits? Why or why not?

write a position paper on "violence against woman and girls: the shadow pandemic" (2000 words excluding references and the title. APA format

Barbara Bailey does not believe in analyst predictions. She feels that the company could maintain a constant annual growth rate in dividends per share of 6% in the future or possibly 8% for the next two years and 6% thereafter. Bailey is basing her estimates on an established long-term investment plan into the Latin American, European and Canadian Markets. By venturing into these markets the risk of the firm will increase. The company estimates that the risk premium will increase from 8.9% to 10%. Currently, the company has a risk premium of 6%.

In preparing the long-term financial plan, Bailey Clothiers' chief financial officer has assigned financial analyst, Scott Markham, to evaluate the firm's current stock price. He has asked Scott to consider the conservative predictions of the securities analysts and the aggressive predictions of Barbara Bailey.

Scott has compiled the following information from the 20X9 data to assist in his analysis:

Data: 20X9 Value

Earnings per share (E.P.S.) $ 5.25

Price per share of common stock 42.00

Book value of common stock equity $ 48,000,000

Total common shares outstanding 3,000,000

Common stock dividend per share $ 3.50

Required:

Please answer the following questions:

1. What is the company's current book value per share?
2. What is the firm's current P/E Ratio?
3. What is the current required return for Bailey Clothiers' stock?
4. What will be the new required return for Bailey Clothiers' stock assuming that they expand into the Latin American, European and Canadian markets as planned?

A foundation that provides funding to the Metro City Teen Pregnancy Prevention Coalitions (TPPC) has asked the organization to start collecting program outcomes data. Specifically, the foundation would like to know if the pregnancy rate for teen girls who participate in the educational programing at TPPC is significantly lower than the citywide average (currently 21%). The director of TPPC collects data for a random sample of girls who completed the Coalitions programming and finds that 8 out of 65 clients contacted went on to become pregnant. Should the director be concerned about presenting their findings to the foundation?

In a survey to determine whether the daily caloric intake of the adolescent girls in
Ahafo-Ano South district of Ashanti is less than 2000 kcal, a sample of 500 adolescent
girls were randomly sampled for the study. The mean daily caloric intake from this
sample was 1985 kcal, with a standard deviation of 210 kcal. Let α = 0.05. Assume
you do not know the population variance; can the researchers conclude that the
population mean is less than 2000 kcal

please show all workings step by step using the 9 steps in hypothesis testing!