Mediterranean Hotel Investments PTY LTD, decides to issue 40-year bonds with a face value of $1000 and semiannual coupon payments. The effective annual yield on other bonds of similar risk and time to maturity is 6.5%, so the company decides to offer 7% annual coupon to attract investors. What would be a fair price for these bonds? Show all workings. Imagine that immediately after issue, the general level of interest rates in the economy moves to such an extent that the value of the Mediterranean Hotel Investments’ bond shifts to exactly $1000. What would now be the new bond-equivalent yield (the one that will be advertised in the financial press as an annual rate and is variously called Nominal Interest Rate, Quoted Interest Rate or sometimes just yield or interest rate)?

A study of the career paths of hotel general managers sent questionnaires to an SRS of 300 hotels belonging to major U.S. hotel chains. There were 187 responses. The average time these 187 general managers had spent with their current company was 9.93 years. (Take it as known that the standard deviation of time with the company for all general managers is 3.5 years.) (a) Find the margin of error for an 85% confidence interval to estimate the mean time a general manager had spent with their current company: 9.3109 years (b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: years (c) In general, increasing the confidence level the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the quotes.)

PLEASE ANSWER ALL QUESTIONS!

1. A manager is reviewing the number of time share tours given by employees at a sales office. She knows the standard deviation of the number of tours given is 10.5. A sample of 64 sales associates finds an average of 49.29 tours given per month. What is the standard error?

Select one:

a. 0.16

b. 1.31

c. 19.75

d. 6.16

e. 1.50

2. You are designing a study to find the average number of hotel rooms booked during bike week. If the standard deviation is estimated to be 15.8, how many samples must be taken to get an answer within 0.9 hotel rooms with 80% confidence?

Select one:

a. 503

b. 504

c. 505

d. 506

e. 507

According to national data, 20.7% of burglaries are cleared with arrests. A new detective is assigned to six different burglaries. What is the probability that at least one of them is cleared with an arrest?

Consider 4 species of plants in Point of Rocks Park where there are 160 White Pines, 80 Hackberries, 300 Pin Oaks, and 60 Tulip Poplars. What is the probability, and explain how you go about finding the probability, of randomly picking a Pin Oak out of this park.

The probability is . To get the probability, divide  by .

Dr. Baum is analyzing the distribution of two genus of trees, Acer and Quercus.  In the forest you are currently studying with her, there are 11 species in the genus Acer, while there are 87 species of the genus Quercus. How many possible combinations, consisting of one member from each genus, are possible?

. You are working on a bid to build two city parks a year for the next three years. This project requires the purchase of $180,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the 3-year project life. The equipment can be sold at the end of the project for $34,000. You will also need $20,000 in net working capital for the duration of the project. The fixed costs will be $16,000 a year and the variable costs will be $168,000 per park. Your required rate of return is 15 percent and your tax rate is 34 percent. What is the minimal amount you should bid per park?

A. $72,500
B. $128,600
C. $154,300
D. $189,100
E. $217,600

Please give detailed explanation about how to get each value

What are the different white-collar crimes? Representatives of hotels, restaurants, hotel and restaurant supply companies, and other businesses located in Portland, Oregon, organized an association to attract conventions to their city. Members were asked to make contributions equal to 1 percent of their sales to finance the association. To aid collections, hotel members, including Hilton Hotels Corporation, agreed to give preferential treatment to suppliers who paid their assessments and to curtail purchases from those who did not. This agreement violated federal antitrust laws. The United States sued the members of the association, including Hilton Hotels, for the crime of violating federal antitrust laws. Can a corporation be held criminally liable for the acts of its representatives? If so, what criminal penalties can be assessed against the corporation?

A study of the career paths of hotel general managers sent questionnaires to an SRS of 250 hotels belonging to major U.S. hotel chains. There were 127 responses. The average time these 127 general managers had spent with their current company was 8.92 years. (Take it as known that the standard deviation of time with the company for all general managers is 2.8 years.)

(a) Find the margin of error for a 90% confidence interval to estimate the mean time a general manager had spent with their current company: years

(b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: years

(c) In general, increasing the confidence level the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the quotes.)

A study of the career paths of hotel general managers sent questionnaires to an SRS of 240 hotels belonging to major U.S. hotel chains. There were 133 responses. The average time these 133 general managers had spent with their current company was 12.37 years. (Take it as known that the standard deviation of time with the company for all general managers is 1.5 years.) (a) Find the margin of error for a 90% confidence interval to estimate the mean time a general manager had spent with their current company: years (b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: years (c) In general, increasing the confidence level the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the quotes.)

Andy and Becca are a young professional couple (family practice physician and personal injury plaintiff’s lawyer, respectively), both in private practice with an office at home. They own their home (with a mortgage) and two economy cars (outright) of recent vintage. They expect to finish paying off their student loans next year. They have a 5-year old son and a 2-year old daughter. Their furnishings and decorations are modest, as are their possessions, except for Becca’s engagement and wedding ring (valued at $10,000) and the baseball card collection that Andy inherited from his dad (3,000 cards from the 50’s, 60’s, and 70’s, including many Hall of Fame players) What insurance coverages should they buy in order to protect their assets and future earnings?

A forest product company likes to develop a wood pellet manufacturing plant in Maryland and has the following cost information on five likely destinations (table below). The expected sale price of wood pellets per bag is $5. a. Please find out which location is preferable in terms of BEP_x and/or BEP_$? b. What should be the minimum out level the company should target to earn some profit? c. Using the locational break-even analysis (cross-over quantity with minimum cost), can you identify any other location that may be more profitable? d. What should be the minimum quantity of output at the new location for maximizing profit?