Questions
How has the current financial crisis in Greece affected exchanges rates (USD-€)? How would this affect...

How has the current financial crisis in Greece affected exchanges rates (USD-€)? How would this affect your US company if you were importing from Greece? Exporting to Greece?

In: Economics

After graduating from university last year with a degree in accounting and finance, Jim Hale took...

After graduating from university last year with a degree in accounting and finance, Jim Hale took a job as a trainee analyst for an investment company in Melbourne. Jim’s first few weeks were filled with a series of rotations throughout the firm’s various operating units, but this week he was assigned to one of the firm’s traders as an analyst. On Jim’s first day, his boss called Jim in and told him he wanted to do some rudimentary analysis of the investment returns of the regional airline Regional Express Holdings Ltd (REX). Specifically, Jim was given the following month-end closing prices for the company spanning the months from September 2019 to August 2020:

Date Closing Price Date Closing Price
30 Aug 13 1.11 31 Mar 14 0.81
30 Sep 13 1.04 30 Apr 14 0.77
31 Oct 13 1.03 30 May 14 0.75
29 Nov 13 0.92 30 Jun 14 0.75
31 Dec 13 0.93 31 Jul 14 0.89
31 Jan 14 0.91 29 Aug 14 0.82
28 Feb 14 0.82

Jim was then instructed by his boss to complete the following tasks using the REX price data (note that REX paid no dividend during 2008).

1. Compute the monthly realized rates of return earned by REX for the entire year.

2. Calculate the average monthly rate of return for REX, using both the arithmetic and geometric averages.

3. Calculate the year-end price for REX, computing the compound value of the beginning-of-year price of $ 1.11 per share for 12 months at the geometric average monthly rate of return calculated earlier: End-of-year stock price = Beginning-of-year stock price X (1+ Geometric average monthly rate of return)12

4. Compute the annual rate of return for REX using the beginning share price for the period and the ending price (i.e. $1.11 and $0.82).

5. Use the geometric average monthly rate of return and the following relationship to calculate the annual rate of return: Compound annual rate of return= (1+ Geometric average monthly rate of return)12 -1

6. If you were given annual rate of return data for REX or any other company’s shares and you were asked to estimate the average annual rate of return an investor would have earned over the sample period by holding the shares, would you use an arithmetic or geometric average of the historical rates of return? Explain your response as if you were talking to a client who has had no formal training in finance or investments.

(NOTE:- THE SOLUTION IS NOT TO BE DONE ON MS EXCEL)

In: Finance

As someone who wishes to begin saving for retirement, what is your investment strategy? (In what...

As someone who wishes to begin saving for retirement, what is your investment strategy? (In what types of investments would you be looking to place your hard earned money? Again, please be specific)

In: Finance

Ann Johnson is a single taxpayer and is employed as a secretary by State University of...

Ann Johnson is a single taxpayer and is employed as a secretary by State University of Texas. She has the following items pertaining to her income tax return for the current year:

• Received a $20,000 salary from her employer, who withheld $3,000 federal income tax

• Received a gift of 1,000 shares of Beta Corporation Stock with a $100,000 FMV from her mother. She also received $4,000 of cash dividends from the Beta Corporation. The dividends are qualified dividends.

• Received $1,000 of interest income on bonds issues by the City of Tyler Texas

• Received a regular stock dividend (nontaxable under Sec. 305) of 50 shares of Beta Corporation stock with a $5,000 FMV

• Ann’s employer paid $2,000 of medical and health insurance premiums on her behalf

• Received $12,000 alimony from her ex-husband

• State University provided $50,000 of group term life insurance. Ann is 42 years old and is not a key employee (consult insurance table to calculate tax liability)

• Received a $1,000 cash award from her employer for being designated Secretary of the Year

• Total itemized deductions are $8,000

Complete Form 1040 and accompanying schedules for Ann’s federal income tax return for the current year.

In: Accounting

(TCO 5) You have been accepted into a prestigious private university in Illinois for your doctoral...

(TCO 5) You have been accepted into a prestigious private university in Illinois for your doctoral program. Congratulations! Since no one from this school has ever graduated in only 4 years, you anticipate that you will need to make 11 semi-annual tuition payments of $35,000 each with the first cash flow 6 months from today. If you choose to discount these cash flows at an annual rate of 8%, what is the present value cost of tuition to attend your university of choice? (TCO 5) You are about to purchase a new car from a dealer who has a new and unusual payment plan. You have the choice to pay $29,000 cash today or $32,000 in 4 years. If you have the opportunity to borrow the cash price value of the car at a rate of 3.0% and repay the loan in a lump sum in 4 years, which option should you take and why? (TCO 5) Which choice has a greater present value if we assume a required rate of return of 8%? (1) A lump-sum cash flow today of $248.69 (2) $100 cash flows occurring 1, 2, and 3 years from today (3) A single cash flow of $331 3 years from today

In: Accounting

Alice Johnson, Social security number 2222-23-3334 is a single taxpayer and is employed as a secretary...

Alice Johnson, Social security number 2222-23-3334 is a single taxpayer and is employed as a secretary by state university of florida. she has the following items pertaining to her income tax return for the current year.

-received a $30,000 salary from her employer, who withheld $4200 federal income tax.

- received a gift of 1000 shares of Ace corporation stock with a $100,000 FMV from her mother. She also received $4000 of cash dividends from the Ace Corporation. The dividends are qualified dividends.

- Received $1000 of interest income on bonds issued by the city of Tampa

- Received a regular stock dividend (nontaxable under sec 305) of 50 shares of ace corporation with a $5000 FMV -Alice's employer paid $2000 of medical and health insurance premiums on her behalf

- received $13,000 alimony from her ex-husband. They divorced on Aug 1, 2014

- State university provided $60,000 of group term life insurance, Alice is 42 years old and is not a key employee. The table in the text is applicable

- received a $1000 cash award from her employer for being designated the secretary of the year

- total itemized deductions are $10,000

complete form 1040 and accompanying schedules for Alice Johnsons 2019 return

In: Accounting

True or False A) Let’s say that is has been established that a 95% confidence interval...

True or False

A) Let’s say that is has been established that a 95% confidence interval for the mean number of oranges eaten per week per person is 0.8 to 2.6. True or false: The mean number of oranges eaten for 95% of all samples will fall between 0.8 and 2.6. No explanation necessary.

B)     True or false: X-bar is the mean of the sampling distribution? (It is found in the center.)

Choose from the following

There is a group of people. The average height of these people is 67 inches. Is it more likely to pick an individual who is more than 68 inches tall or a sample of four people who average more than 68 inches tall? Or are they probabilities equal? Or is it impossible to tell? You do not have to explain your answer.

Group of answer choices

a. They are equally likely

b. More likely to pick a sample with an average more than 68 inches

c. It is impossible to tell

d. More likely to pick an individual taller than 68 inches

In: Statistics and Probability

a.) Suppose that government data show that 8% of adults are full‑time college students and that...

a.) Suppose that government data show that 8% of adults are full‑time college students and that 30% of adults are age 55 or older. Complete the passage describing the relationship between the two aforementioned events. Although (0.08)⋅(0.30)=0.024, we cannot conclude that 2.4% of adults are college students 55 or older because the two events __________(are/are not) ________(independent/disjoint)

b.) In New York State's Quick Draw lottery, players choose between one and ten numbers that range from 11 to 80.80. A total of 2020winning numbers are randomly selected and displayed on a screen. If you choose a single number, your probability of selecting a winning number is 2080,2080, or 0.25.0.25. Suppose Lester plays the Quick Draw lottery 66 times. Each time, Lester only chooses a single number.

What is the probability that he loses all 66 of his lottery games? Please give your answer to three decimal places.

c.) Consider the sample space of all people living in the United States, and within that sample space, the following two events.

??=people who play tennis=people who are left‑handedA=people who play tennisB=people who are left‑handed

Suppose the following statements describe probabilities regarding these two events. Which of the statements describe conditional probabilities? Select all that apply:

-Two‑tenths of a percent of people living in the United States are left‑handed tennis players.

-Two percent of left‑handed people play tennis.

-Of people living in the United States, 3.7% play tennis.

-There is a 10.2% chance that a randomly chosen person is left‑handed.

-The probability is 5.4% that a tennis player is left‑handed.

-There is a 13.7% probability that a person is a tennis player or left‑handed.

d.)

Of all college degrees awarded in the United States, 50%50% are bachelor's degrees, 59%59% are earned by women, and 29%29% are bachelor's degrees earned by women. Let ?(?)P(B) represent the probability that a randomly selected college degree is a bachelor's degree, and let ?(?)P(W) represent the probability that a randomly selected college degree was earned by a woman.

What is the conditional probability that a degree is earned by a woman, given that the degree is a bachelor's degree? Please round your answer to the two decimal places.

In: Math

Choose a pay for performance method from the following categories: Individual, group or organizational performance and...

Choose a pay for performance method from the following categories: Individual, group or organizational performance and use the jnternet to locate the website of a company which has recently introduced a new pay system. Then assess from the information, the drivers that were making the change necessary for the company, the steps and rationale of the system, implementatjln steps they utilized, and their results. Be sure to provide any URL's you used as a reference source for your answer.

In: Operations Management

Psychological disorders are fascinating to most of us, as they are to those who have them...

Psychological disorders are fascinating to most of us, as they are to those who have them -- and it's an unusual one of us who doesn't at times suspect we have a disorder ourselves (especially after studying Intro to Psych!). Consider Russell Crowe's powerful and heartbreaking depiction in A Beautiful Mind of Princeton Professor and Nobel Laureate John Nash who suffers with schizophrenia, or Jack Nicholson's sad portrayal of a romance fiction novelist with OCD in As Good as it Gets -- the way people with psychological disorders think and experience life is intriguing to us, though frightening and often very sad.

Psychological disorders can be categorized into four general areas -- anxiety disorders, personality disorders, mood disorders, and schizophrenia.

Let's first take a look at the anxiety-related disorders and how they may relate to one another.

Why might people with Generalized Anxiety Disorder or Panic Disorder develop a lot of phobias? What specific kinds of learning might be involved? (Many of us have phobias to snakes or mice -- why would someone with very high anxiety develop many such phobias? Try to base your proposals on psychological theories, not "common sense.")

In: Psychology