Questions
A stock has a required return of 9%; the risk-free rate is 3%; and the market...

A stock has a required return of 9%; the risk-free rate is 3%; and the market risk premium is 3%.

  1. What is the stock's beta? Round your answer to two decimal places.
  2. If the market risk premium increased to 8%, what would happen to the stock's required rate of return? Assume the risk-free rate and the beta remain unchanged.
    1. If the stock's beta is equal to 1.0, then the change in required rate of return will be greater than the change in the market risk premium.
    2. If the stock's beta is equal to 1.0, then the change in required rate of return will be less than the change in the market risk premium.
    3. If the stock's beta is greater than 1.0, then the change in required rate of return will be greater than the change in the market risk premium.
    4. If the stock's beta is less than 1.0, then the change in required rate of return will be greater than the change in the market risk premium.
    5. If the stock's beta is greater than 1.0, then the change in required rate of return will be less than the change in the market risk premium.

-Select-

New stock's required rate of return will be %. Round your answer to two decimal places.

In: Finance

Develop 1.0 L of a buffer that maintains a pH of 6.30. Specify the acid-conjugate base...

Develop 1.0 L of a buffer that maintains a pH of 6.30. Specify the acid-conjugate base pair or vise versa and the reasonable concentrations of other reagents needed (0.0100 M to 1.0 M). also discuss and limitations this buffer may have.

In: Chemistry

According to the Taylor Rule, if the output gap falls by 2% and the inflation gap...

According to the Taylor Rule, if the output gap falls by 2% and the inflation gap rises by 1%, then the real federal funds rate should be

Select one:

A. lowered by 1.0%.

B. lowered by 0.5%.

C. left unchanged.

D. raised by 1.0%.

In: Finance

If the Ksp of PbI2 is 7.1 x 10-9   will precipitation occur when 10 mL of...

If the Ksp of PbI2 is 7.1 x 10-9   will precipitation occur when 10 mL of 1.0 x 10-4 Pb(NO3)2 is mixed with 10 mL of 1.0 x 10^-3 M KI? (Show calculation)

In: Chemistry

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products...

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18 (7/18), February 12 (2/12), and October 7 (10/7), respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)

Ross Co. Westerfield, Inc. Jordan Company
Date Market
Return
Company
Return
Date Market
Return
Company
Return
Date Market
Return
Company
Return
7/12 -0.6 -0.3 2/8 -0.6 -0.3 10/1 1.4 0.6
7/13 1.2 0.3 2/9 -0.7 -0.3 10/2 1.3 0.6
7/16 0.4 0.3 2/10 0.4 0.6 10/3 0.7 1.3
7/17 -0.6 -0.2 2/11 0.6 2.1 10/6 -0.1 -0.7
7/18 -0.8 1.3 2/12 -0.1 0.1 10/7 -2.2 -0.7
7/19 -1.9 -0.1 2/15 1.2 1.9 10/8 1.2 0.6
7/20 -0.9 -0.3 2/16 0.7 0.5 10/9 -0.5 -0.6
7/23 0.6 0.4 2/17 -0.1 0 10/10 0.1 -0.1
7/24 1.2 0 2/18 1.6 0.4 10/13 -0.1 -0.6
Abnormal returns (Ri – R­M)
Days from announcement Ross W’field Jordan Sum Average abnormal return Cumulative average residual
−4
−3
−2
−1
0
1
2
3
4

In: Finance

Having issues starting an assignment. Still learning so If you don't mind could you explain public...

Having issues starting an assignment. Still learning so If you don't mind could you explain

public Theater()

Initialize the 2-D array “seats”, with 3 rows and 4 columns. To assign the price
for each seat, you need to open and read from the file “seatPrices.txt”. The file
contains 12 doubles representing the price for each row. All seats in a given
row are the same price, but different rows have different prices. You also need
to initialize “totalSeats” to 0.

public void displayChart()

This method is required to print out the seating chart with costs of the seats
with a tab between columns in the same row and a newline between rows. So
the initial seating chart would be printed:
12.5 12.5 12.5 12.5
10.0 10.0 10.0 10.0
8.0 8.0 8.0 8.0

----

import java.util.Scanner;
import java.io.*;

public class Assignment8
{   public static void main(String[] args)throws IOException
   {
       Theater t = new Theater();
       char command;
       Scanner keyboard = new Scanner(System.in);

      
      
      
       // print the menu
       printMenu();
       do
       {
           // ask a user to choose a command
           System.out.println("\nPlease enter a command or type ?");
           command = keyboard.next().toLowerCase().charAt(0);
           switch (command)
           {
               case 'a': // display remaining seats
                   System.out.println();
                   t.displayChart();
           }/*                   break;
/*               case 'b': // Print total from sales so far
                   System.out.println("\nTotal: " + t.getTotal());
                   break;
               case 'c': // sell ticket

                   if (t.soldOut())
                       System.out.println("\nSorry we are sold out.");
                   else
                   {
                       System.out.print("\nEnter the row you want: ");
                       int row = keyboard.nextInt();
                       System.out.print("Enter the column you want: ");
                       int col = keyboard.nextInt();
                       if (t.sellTicket(row, col))
                           System.out.println("\nEnjoy the show!");
                       else
                           System.out.println("\nThe seat is sold and/or is invalid seat!");
                   }
                   break;
               case 'd': // print number of seats sold
                   System.out.println("\nNumber of seats sold: " + t.numSold());
                   break;

               case '?': // display menu
                   printMenu();
                   break;
               case 'q':   // quit
                   break;
               default:
                   System.out.println("Invalid input!");

           }

*/       } while (command != 'q');

   } //end of the main method

   // this method prints out the menu to a user
   public static void printMenu()
   {
       System.out.print("\nCommand Options\n"
           + "-----------------------------------\n"
           + "a: print seating chart\n"
           + "b: display total sales\n"
           + "c: sell ticket\n"
           + "d: display number of seats sold\n"
           + "?: display the menu again\n"
           + "q: quit this program\n\n");
   } // end of the printMenu method

}
-----

package assignment8;
import java.io.BufferedReader;
import java.io.FileNotFoundException;
import java.io.FileReader;
import java.io.IOException;

public class Theater
{
//a two dimensional double array to hold the prices of the seats
//double to hold the total amount of sales generated from the theater.
   private double seats[][];
   double totalSales=0;
  
   String fileName="seatPrices.txt";
   String seatPrices="";
  
   static final int NUM_ROWS=3;
   static final int NUM_COLUMNS=4;
  
  
/*Initialize the 2-D array “seats”, with 3 rows and 4 columns
To assign the price for each seat, you need to open and read from the file “seatPrices.txt”. The file
contains 12 doubles representing the price for each row.
All seats in a given row are the same price, but different rows have different prices
*/
   public Theater()
   {
   Double seats[][]= new Double[NUM_ROWS][NUM_COLUMNS];
   int totalSeats=0;
   Double temp[][]=seats;
  
  
   try
{
// Instantiate a FileReader object to open the input file
// Note: "filename" should match the input file you made in Step 4
          
FileReader fr = new FileReader("seatPrices.txt");
//FileReader fr = new FileReader("/autograder/submission/" + fileName);
          
// BufferedReader is for efficient reading of characters
BufferedReader bfReader = new BufferedReader(fr);


// As we have determined the number of lines in our file, we will
// use constants to define the loop conditions

for (int r = 0; r {
for (int c= 0; c < NUM_COLUMNS; c++)
{
// Read a line from the file
// invoke .readLine() on the BufferedReader bfReader
// and save the returned value to the element at array position (i, j)
// -->
    seatPrices= bfReader.readLine();
    temp[r][c]=Double.valueOf(seatPrices);
      
   
   
}
seats=temp;

}
  
bfReader.close();

}
catch (FileNotFoundException e)
{
System.err.println("File not found");
}
catch (IOException e)
{
System.err.println("I/O error occurs");
}
        
   }

   public void displayChart()
   {   
  
   for (int r = 0; r {
for (int c= 0; c < NUM_COLUMNS; c++)
{
   System.out.print(seats[r][c]+ "\t");
}
System.out.println();
   }

   }
}

-------

seatPrices.txt

12.50
12.50
12.50
12.50
10.00
10.00
10.00
10.00
8.00
8.00
8.00
8.00

In: Computer Science

Julie recently drove to visit her parents who live 200200 miles away. On her way there...

Julie recently drove to visit her parents who live 200200 miles away. On her way there her average speed was 99 miles per hour faster than on her way home (she ran into some bad weather). If Julie spent a total of 1010 hours driving, find the two rates.

In: Math

An inductor (0.2 Henry) and a resistor (2ohms) are connected in series with a battery of...

An inductor (0.2 Henry) and a resistor (2ohms) are connected in series with a battery of EMF 5.0 volts.

a) Draw the circuit (don't forget the switch)

b) At time t=0 and time= infinity find the current that passes through the battery

c) What's the time constant for the circuit?

d) What's the back EMF provided by the inductor at t= 1.0 sec?

e) What's instantaneous energy saved in the inductor at time t= 1.0 sec?

f) What is the total magnetic flux that is coupled with the inductor at t= 1.0 sec?

In: Physics

If the simple CAPM is valid and all portfolios are priced correctly, which of the situations...

If the simple CAPM is valid and all portfolios are priced correctly, which of the situations below is possible? Consider each situation independently, and assume the risk-free rate is 5%.

A)

Portfolio Expected
Return
Beta
A 12 % 1.2
Market 12 % 1.0


B)

Portfolio Expected
Return
Standard
Deviation
A 15 % 12 %
Market 10 % 20 %


C)

Portfolio Expected
Return
Beta
A 15 % 1.2
Market 10 % 1.0


D)

Portfolio Expected
Return
Beta
A 19.0 % 2.0
Market 12 % 1.0

In: Finance

Red Carpet LLC is a national hospitality and entertainment company with headquarters in Philadelphia, PA with...

Red Carpet LLC is a national hospitality and entertainment company with headquarters in Philadelphia, PA with national operations in the US. Historically, the company has had 3 divisions: hotels, food service, and cruise lines. However, it recently completed the acquisition of Sparkstar theaters, a movie theater company, that it is slated to become its 4th division. Red Carpet now owns 200 hotels in 48 states, 4 brands of restaurants with 1776 locations, 4 Buoy Bay branded cruise ships, and 300 Sparkstar theaters.

Its matrix organizational structure consists of a central HR, accounting, business development, sales, marketing, and research and development departments located at the headquarters in Philadelphia that serve each division. Each division is located in a different part of the US and lead by a VP that reports to the President and CEO. The company is privately owned by a consortium of investors and investor groups.

Red Carpet has 16,000 employees, 1000 of which work at its corporate headquarters. The organizational culture of the headquarters is informal and organic and there are few policies and processes that guide employee behavior. The company, as a whole, does not value HR so employees struggle with many employee relations and employment law concerns. The company outsources all of its training to one of the investor group companies, however this training is commonly not customized to the needs of Red Carpet.

As a whole, Red Carpet struggles with its business to business partners and suppliers because of its reputation for being nonnegotiable. Red Carpet would rather disrupt the quality and availability of its only products and services rather than partner for the supply chain resources that it needs. Likewise, Red Carpet does not hold many of the General Managers in its hotels, restaurants, and its cruise ships accountable for performance, opting instead for a weaker political strategy of blaming and gotcha games.

Being aware of these challenges, Red Carpet acquired Sparkstar for their strong industry reputation and financial performance in the hopes that merging the structure and culture of Sparkstar into Red Carpet would change the organization for the better. Historically, Red Carpet has been a highly successful company, however in recent years, its mismanagement has created noticeable effectives in product and service quality and its bottom line.

Divisions

Hotels: Red Carpet branded hotels are mid-price semi-luxury hotels known for high quality. Each customer is given a red velvet cupcake upon checking in. Red Carpet relies on its General Managers to micromanage the hotel. Despite its corporate parent owning a restaurant division, no Red Carpet hotels have restaurants. The Red Carpet division headquarters are in Sedona AZ. Many of the hotels are in need of refurbishment.

Food Service: Chicken Heaven is a fast-food chain with a long tradition of quality, large customer base, and 1000 locations. It is a solid overall performer for Red Carpet with high employee satisfaction. Burger Blast is another fast-food chain recently launched to cater to upscale customers who seek customized, gourmet-style burgers. It has 200 locations, however General Managers are struggling with budget and supplies causing a poor customer experience and high employee turnover. Food Park is a buffet-style restaurant with 500 locations that has been recently struggling because of high competition and poor marketing. Delicacy is a high-end restaurant with an urban theme. It has 76 locations, is the oldest of Red Carpet's food service operations, and provides a unique dining experience for customers. However, General Managers have a high turnover at Delicacy because of the grueling schedule. The food service division is located in Burke, ID.

Cruise Ships: Buoy Bay cruise ships offer low-cost, short-term cruises from Port Canaveral, FL only to the US Virgin Islands. Buoy Bay offers customers average quality staterooms and food from Chicken Heaven, Burger Blast, and Food Park. However, it does not offer a non-buffet formal dining option such as Delicacy. Although they are known for their over-the-top entertainment, employee turnover is very high relying primary on seasonal employees who are poorly trained. Buoy Bay has had much controversy. Just 5 years ago, the Buoy Bay cruise ship, Garland of the Sails, hit a reef, partially sank, and had to be salvaged in a 1.5 billion dollar operation. This resulted in a Federal investigation that is still pending. The Buoy Bay division is located in Lapsowanne, OR.

Movie Theaters: Sparkstar theaters were recently purchased from the Vegamega group for 2.3 billion dollars. Sparkstar is the highest rated movie theater chain the US. It has high customer and employee satisfaction, an efficient organizational structure, and solid financial results. Sparkstar's culture is one of high HR involvement including a strong training and development department, Sparkstar Institute. Sparkstar has a customer rewards program that provides a free movie rental of the film that the customer saw in the theater which has been very popular and has increased its strong customer base. Sparkstar has its divisional headquarters in Pasadena, CA.

The Issues

With the purchase of Sparkstar theaters, Red Carpet is hoping to redefine its operations in the next 5 years. It sees opportunities to integrate its divisions, products, and services to better serve its customers and employees. Here is a summary of some of the issues that Red Carpet must address in its strategic plan:

Internal politics and communication
Improved HR and training
Employee relations issues
Federal investigations
Product and service quality
Marketing support
Performance issues
Redefining the organizational structure
Improving its organizational culture
Integrating products and services
Resource and supply chain issues

Your Role

Leroy Banks, the Director of Change management at Red Carpet is seeking an Organization Development Consultant to address Red Carpet's need for change. You've just received a consulting contract from him to help prepare a plan to assist Red Carpet. You're excited about the opportunity and are motivated to work on this project. You know that your insight will assist Red Carpet with managing organizational change.

Primary Task Response: Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Additional Information:

The VP of HR reviewed the executive summary and decided that your recommendation was a strong course of action for the change process. In her discussions with Leroy, she mentioned that it would be good to have you participate in a focus group to discuss your experiences with the change process. She was interested in discovering some best practices for change and felt that your experiences would be very valuable to Red Carpet’s approach to change. To guide the discussion, she recommended addressing a few points that should be covered in the focus group. Leroy will gather the results of the focus group and share it with the VP of HR.

Review the Red Carpet scenario for this course and with your classmates; discuss the following questions that will provide insight into your own change experiences:

Describe a successful change initiative from your own experiences and why it worked well.
Describe an unsuccessful change initiative from your own experiences and why it did not achieve its intended objectives.
From your own experiences, summarize the key success factors for change at Red Carpet that you would recommend to Leroy.

In: Operations Management