1. An American politician recently said "If inflation is fully anticipated by all parties, the redistributional effects would be almost nothing. It's the fact that some inflation is a surprise that causes there to be winners and losers during an inflationary period." Do you agree with this statement? Is it true that there are no costs of anticipated inflation? Explain the costs associated with expected inflation and the costs associated with unexpected inflation.

2. In 2002, the U.S. CPI was 100. In 2003, the U.S. CPI was 107. If you had $20,000 in your bank account at the beginning of 2002, would you have been better off if you had kept the $20,000 in cash (money), used $20,000 to buy an interest-bearing financial asset paying a nominal interest rate of 6%, or using the $20,000 to buy a real asset (like art or gold)? Explain your answer. (What is the real return on each asset?)

a) $200,000 U.S. Treasury 7 7/8% bond maturing in 2002 purchased and then settled on October 23, 1992, at a dollar price of 105-20 (this is the clean price) with a yield to maturity of 7.083% with the bond originally being issued at 11/15/1977. Face value per unit is $1,000.

i) Calculate the clean price of the bond issue

ii) Calculate the accrued interest of the bond issue

iii) Calculate the full price of the bond issue

b) $200,000 U.S. Treasury 7 7/8% bond maturing in 2002 purchased and then settled on October 23, 1992, at a dollar price (clean price) with a yield to maturity of 7.083% with the bond originally being issued at 11/15/1977.

Calculate the full price (per unit of the bond).

Note: On a per unit basis, the answers to(a)and(b)should be the same.Anydifferencemustbe due to rounding error only.

1. Company A saved 1Billion dollars of internal cash in 2001 and 2002. Their debt to value ratio is around 40% in both 2001 and 2002. In order to finance a project in 2003, which costs 3 billion dollars, the company used 1billion dollar internal cash. The company had 3 billion dollars of internal cash before the project. The company’s cost of debt is the same as the cost of using internal cash. The market value of the company at the end of 2003 is 150 Billion dollars and the market value of equity is 90 billion dollars.

If you were told that the company is following pecking order theory, how would you evaluate the company’s decision in financing the new project?

If you were told that the company is following trade-off theory, how would you evaluate the company’s decision in financing the new project?

a) $200,000 U.S. Treasury 7 7/8% bond maturing in 2002 purchased and then settled on October 23, 1992, at a dollar price of 105-20 (this is the clean price) with a yield to maturity of 7.083% with the bond originally being issued at 11/15/1977. Face value per unit is $1,000.

i) Calculate the clean price of the bond issue

ii) Calculate the accrued interest of the bond issue

iii) Calculate the full price of the bond issue

b) $200,000 U.S. Treasury 7 7/8% bond maturing in 2002 purchased and then settled on October 23, 1992, at a dollar price (clean price) with a yield to maturity of 7.083% with the bond originally being issued at 11/15/1977. Calculate the full price (per unit of the bond). Note: On a per unit basis, the answers to(a)and(b)should be the same.Anydifferencemustbe due to rounding error only.

Python

1. What is the length of some_numbers?

2. What is the sum of the values in some_numbers?

3. How many courses is the student taking?

4. What is the student's birthdate?

5. How long is the course name of the second course in the student's list of courses?

some_numbers=[7,14,5,17,82]

student={"uin":123456789,
"name":"Josephina Student",
"birthdate": "01/01/2002",
"courses": ["CS111","BIOS100","ARST209","PHIL103"]}

course_catalog={
"ARST209": "The Art and Archaeology of the Ancient Near East",
"PHIL103": "Introduction to Ethics",
"CS111":"Program Design I",
"CS141":"Program Design II",
"BIOS100": "Biology of Cells and Organisms"
}

some_numbers=[7,14,5,17,82]

student={"uin":123456789,
"name":"Josephina Student",
"birthdate": "01/01/2002",
"courses": ["CS111","BIOS100","ARST209","PHIL103"]}

course_catalog={
"ARST209": "The Art and Archaeology of the Ancient Near East",
"PHIL103": "Introduction to Ethics",
"CS111":"Program Design I",
"CS141":"Program Design II",
"BIOS100": "Biology of Cells and Organisms"
}

There is a substantial body of evidence linking financial reporting quality and likelihood of financial misstatement with certain characteristics of board of directors.

a. Identify four board characteristics that may be beneficial for a company and its shareholders, referring to academic research.

What recommendations would you make to ensure that the electronic health record could successfully provide data capable of meeting public health’s requirements and needs? Support your response with at least 2 academic sources.

"The Covid pandemic has starkly revealed that globalisation in its contemporary form has reached its limits and needs to be radically reconsidered." Discuss. refer to a minimum sources; most should be academic sources (books, journals)