Compute FIFO, LIFO, Average for the periodic inventory system. Be sure to do a summary table and a partial income statement through gross profit for the inventory valuation method and inventory system.

Exhibit 2 Quantity Sold Price (units) Total Cost $10 10 $80 9 20 100 8 30 130 7 40 170 6 50 230 5 60 300 4 70 380 A single-price monopolist is a monopolist that sells each unit of its output for the same price to all its customers. Refer to Exhibit 2. A single-price monopolist that seeks to maximize profits will sell __________ units and charge a per-unit price of __________. Group of answer choices

20; $9

40; $7

50; $6

10; $10

7; $40

For the above stocks

1.

a. Calculate the price-weighted average of the four stocks.

b. What is the divisor to produce the base figure market value-weighted index?

2.

Suppose the price for LMN and ABC stay the same, XYZ’s price increases to $110, and PDQ’s

falls to $2

a. Calculate the price-weighted average of the four stocks.

b. Calculate the market value-weighted index of the four stocks.

c. Find the percentage change in the price-weighted average.

d. Find the percentage change in the market value-weighted index.

e.

After

the above change, suppose XYZ has a 4-for-1 stock split, calculate the new divisor

for the price-weighted average of the four stocks.

f. Does the market value-weighted index need to be adjusted for the stock split? Why or Why

not?

Suppose you take a fixed-rate mortgage for $200,000 at 5.00% for 30 years, monthly payments.

1) How much of the payment is interest for month 100? How much interest do you pay in the first six years?

A put is currently being traded on an underlying security. An investor buys a put option for $7 per share. The strike price is $100 per share and the option expires in three months.

a) What is the profit of this trade per share if in three months the price of the

underlying security is $117 per share?

b) How does you answer to part a) change if the price of the underlying security in

three months is $99 per share?

1. Complete the table below, and then answer the following questions.

a) Suppose the firm is a price–taker and the price is $60 per unit.

i) What quantity will it produce (find the profit-maximizing level of output)?

ii) Calculate the profit/loss.

b) What is the shut-down price?

a) If the interest rate decreases, how will it impact the market price of a bond?

b) Do long-term bonds have higher price risk than short-term bonds?

Please illustrate your point by comparing the price change of two bonds of 1yr and 10yr maturity respectively due to interest rate changes. Assume both bonds have $1000 par and $100 annual coupon payment. show work

The one-year futures price of gold is $1,213 per oz. (i.e., the futures price on a contract that expires in one year). The spot price is $1,152 per oz. and the continuous risk-free rate is 2.17% per annum. The storage costs for gold are $2 per oz. payable in arrears and we assume gold provides no income. What is the arbitrage profit per 100 oz. of gold? Ignore transactions costs.

Let the demand and supply functions for widgets be given by the following:

P = 200-4.5Qd

P = 100+20Qs

a) Solve the market equilibrium price and quantity for widgets

b) Calculate the supply and own-price demand elasticities for widgets

c) Interpret the elasticities in your own work

d) If the price of widgets went up by 20%, what will happen to the quantity demanded and supplied in the market? Is this an equilibrium? Why or Why not?

Thank you

The one-year futures price of gold is $1210 per oz. (i.e., the futures price on a contract that expires in one year). The spot price is $1137 per oz. and the continuous risk-free rate is 2.56% per annum. The storage costs for gold are $2 per oz. payable in arrears and we assume gold provides no income. What is the arbitrage profit per 100 oz. of gold? Ignore transactions costs.