Consider a 2-person private value, first-price auction. The object is worth $10,000 to bidder 1 who knows that bidder 2’s value is uniformly distributed between 0 and $40,000. Assume that bidder 2 is going to use his equilibrium bidding strategy.

a) What is bidder 1’s optimal bid for his value $10,000 and what is his expected payoff?

b) Assume that bidder 1 learns that the object is worth $22,000 to bidder 2 and in turn, bidder 2 is not aware that bidder 1 has this information and would therefore stick to his equilibrium strategy. How much should bidder 1 bid and what is his expected payoff?

c) Assume that bidder 1 learns that the object is worth $14,000 to bidder 2 and in turn, bidder 2 is not aware that bidder 1 has this information and would therefore stick to his equilibrium strategy. How much should bidder 1 bid and what is his expected payoff?

In order to experience the different aspects of Erikson's role confusion, I want you to first think about the different hats (roles) that you now wear (play). Make your list as long as possible; at least 30 or 40 roles is typical in a person’s life.

When making your list remember Relationship roles: son, daughter, aunt, uncle, husband, wife, lover, grandchild, niece, nephew, cousin, friend, enemy, neighbor, client, customer, patient, etc.

Legal roles: citizen, resident, taxpayer, registered voter, etc.

Occupational roles: student, teacher, worker, homemaker, colleague, boss, employee, etc.

Vocational roles: tennis player, knitter, musician, singer, actor, woodworker, gardener, reader, poet, etc.

Once you have created your list I want you to divide the roles into

1) roles you actively chose for yourself and

2) the roles conferred as a result of the circumstances of your birth and other events.:

List two roles from each category and discuss how you alter your behavior when playing these different roles?

Incorporated manufactures medium-size desks in its Processing Department. Direct materials are added at the initiation of the cycle. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some products are spoiled due to non-detectible defects. Inspection occurs at the end of the process. Spoiled desks generally constitute 10% of the good units. Data for March 2019 are as follows: WIP, beginning inventory 3/1/2019 30,000 Units Direct materials (100% complete) Conversion costs (50% complete) Started during March 80,000 Units Completed and transferred out 3/31/2019 85,000 Units WIP, ending inventory 3/31/2019 7,500 Units Direct materials (100% complete) Conversion costs (20% complete) Costs for March: WIP, beginning Inventory: Direct materials $ 40,000 Conversion costs 75,000 Direct materials added 415,000 Conversion costs added 417,000

Q1) What is the number of total spoiled units?

Q2) Normal spoilage totals ________.

Q3) Abnormal spoilage totals ________.

Q4) What is the total cost per equivalent unit using the First-In-First Out method of process costing?

Q5) What cost is allocated to abnormal spoilage using the First-In-First Out method?

Q6) What is the amount of direct materials and conversion costs assigned to ending work in process using the First-In-First Out method?

Q7) What is the cost assigned to units completed and transferred out using the First-In-First Out method? 

PLEASE: (Answer the questions with the details)

INSTRUCTION: Use “OptAll” program for the following questions. When you open “OptAll” program, be sure you enable macro. The tabs of the worksheets indicate the corresponding option pricing models or exotic options. As demonstrated in the past two classes, the “OptAll” program is fairly straight forward to use. Enter the required inputs and the results will be automatically calculated. We have studied these options in Module 3. You may (and should) apply the “OptAll” program to the previous Module 3 PowerPoint Slide/Excel example questions and/or Assignment questions first to ensure you are able to use this program correctly.

(Complete the following 7 Questions. Each question is worth 15 Points (that is, 5% extra credit).)

Let S = $100, K = $95, r = 8% (continuously compounded), ? = 30%, ? = 0, T = 1 year, and n = 3 (# of steps).
a. Use “OptAll” program to calculate the binomial option price for a European call option as well as the binomial option price for an American call option. What are their prices? Why their prices are the same (or not the same)?
b. Use “OptAll” program to calculate the binomial option price for a European put option. What is the price?
c. Use “OptAll” program to calculate the binomial option price for an American put option. What is the price?

Repeat the previous problem assuming that the stock pays a continuous dividend of 8% per year (continuously compounded). Calculate the prices of the American and European puts and calls.

Suppose S = $100, K = $95, ? = 30%, r = 0.08, ? = 3%, and T = 0.75. What is the Black-Scholes price of a European call? What is the Black-Scholes price of a European put?

Consider a bull spread where you buy a 40-strike call and sell a 45-strike call.
Suppose ? = 0.30, r = 0.08, ? = 0, and T = 0.5.
a. Suppose S = $40. What are delta, gamma, vega, theta, and rho for each call and the bull spread? (Note: The greeks of the bull spread are simply the sum of the greeks of the individual options. The greeks of the call with a strike of 45 enter with a negative sign because this option was sold.)
b. Suppose S = $45. What are delta, gamma, vega, theta, and rho for each call and the bull spread?

Refer to the Asian Options example on PowerPoint slide 14-9. If N=100, what are the premiums of at-the-money geometric average price and geometric average strike calls and puts?

Let S = $40, K = $45, ? = 0.30, r = 0.08, ? = 0, and T = 0.25. What are the prices of knock-out options (up-and-out call and put and down-and-out call and put) with a barrier of $38? What are the prices of knock-in options (up-and-in call and put and down-and-in call and put) with a barrier of $38? What are the Black-Scholes Call and Put Prices?

Let S = $40, K = $40, ? = 0.30, r = 0.08, ? = 3%. (a) What is the price of a standard European call with 2 years to expiration? (b) Suppose you have a compound call giving you the right to pay two dollars 1-year from today to buy the option in part (a). For what stock prices in 1-year will you exercise this option? (c) What is the price of this compound call (call on call)? (d) Suppose you have a compound put giving you the right to pay two dollars 1-year from today to sell the option in part (a). For what stock prices in 1-year will you exercise this option? (e) What is the price of this compound put (put on call)?

Instructions: For each of the following problems, indicate which therapeutic approach (psychodynamic, rational-emotive, systematic desensitization, modeling and social skills training, family therapy, drug therapy) that is likely to be the most useful for the following client scenarios.

1. Ernestine is terrified of elevators. She would rather walk up 100 flights of stairs than ride in an elevator. Even thinking about elevators makes her heart pound and her palms sweat. 2. Tamara is very depressed because she feels stupid, unloved, and unlovable, and is convinced that none of this will ever change.

3. Stefan is very shy. He would love to be in a close relationship with a girl, and is convinced that she would like him if she had a chance to get to know him, but he just doesn’t know how to take the first steps to get to know someone.

4. Ricardo hears voices that tell him to do things that he doesn’t want to do. He is very paranoid, and is convinced that people in the television set are watching him and waiting to hurt him.

5. Gerry keeps trying to find a man just like her father. She goes from relationship to relationship looking for the right man, but none of them can live up to the image she has of her dad as the perfect husband, lover, and father.

6. Yolanda has been anorexic ever since her early teens. Basically, she controls everything that goes on in her household by her refusal to eat.

7. Every time James tries to do something to please his parents, they seem to him to be dissatisfied, and he is convinced that nothing he can do will ever make them happy. He broods so much about his failure to please them that he can’t seem to find anything to do to make himself happy.

Lynn Swartz's husband died 3 years ago. Her parents, who have income of over $200,000 per year, want to ensure that funds will be available for the education of Lynn's eight-year-old son, Eric. Lynn is currently earning $45,000 a year. Lynn's parents have suggested that they start a savings account for Eric. They have calculated that if they invest $4,000 per year for the next 8 years, sufficient funds will be available at the end of 10 years for Eric's college expenses. Lynn realizes that the tax treatment of the investments could significantly affect the amount of funds available for Eric's education.

Complete the letter advising her about options available to her parents and to her for Eric's college education.

Describe the public’s opinion of business ethics.


(I need 2 paragraph, The first paragrapgh introduction and therm of this question) Second Paragraph must be analysis) i need 100% accurate answer. No copy paste.

Write Java code to generate 100 random integers ranging from 0..9, inserting each element into an ArrayList. Then search for the first instance of the number 3, print the position, and then remove it from the list.

1. The present value of a series of 50 payments starting at 100 at the end of the first year and increasing by 1 each year thereafter is equal to 2X. The annual effective rate of interest is 9%. Calculate X.

Sheridan Energy Company has issued perpetual preferred stock with a stated (par) value of $100 and a dividend of 7.0 percent. If the required rate of return is 10.00 percent, what is the stock's current market price? (Round answer to 2 decimal places, e.g. 15.25.)

Current market price