XYZ's stock price and dividend history are as follows:

An investor buys three shares of XYZ at the beginning of 2017, buys another two shares at the beginning of 2018, sells one share at the beginning of 2019, and sells all four remaining shares at the beginning of 2020.

a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Round your year-by-year rates of return and final answer to 2 decimal places. Do not round other calculations.)

b. What is the dollar-weighted rate of return? (Hint: Carefully prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2017, to January 1, 2020. If your calculator cannot calculate IRR, you will have to use trial and error or a spreadsheet program.) (Round your answers to 4 decimal places. Negative amount should be indicated by a minus sign.)

rev: 10_31_2013_QC_37911, 03_06_2015_QC_CS-9041

XYZ stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Paid at Year-End 2010 $ 130 $ 5 2011 $ 144 $ 5 2012 $ 120 $ 5 2013 $ 125 $ 5 An investor buys six shares of XYZ at the beginning of 2010, buys another three shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all eigth remaining shares at the beginning of 2013. a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Arithmetic mean % Geometric mean % b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2010, to January 1, 2013. (Negative amounts should be indicated by a minus sign.) Date Cash Flow 1/1/2010 $ 1/1/2011 1/1/2012 1/1/2013 b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.) Rate of return %

3.There are three zero coupon bonds. Their prices are:1 year =$920; 2 year =$840; 3 year =$750.

Three zero coupon bonds have the face value of 1000.

To calculate YTM

Year 1   

Face value = Price (1+ YTM)

1000 = 920 ( 1+ YTM)

1+ YTM = 1000/920

YTM = 1.0896-1

YTM = 0.0869 = 8.70%

Year 2

Face value = Price (1+ YTM)²

1000 = 840 ( 1+ YTM)²

(1+ YTM)² = 1000/840

(1+YTM)² = 1.1905

1+ YTM = 1.0911

YTM = 1.0911-1

YTM = 0.0911 = 9.11%

Year 3

Face value = Price (1+ YTM)³

1000 = 750 ( 1+ YTM)³

(1+ YTM)³ = 1000/750

(1+YTM)^{3 =} 1.333333

1+ YTM = 1.1006

YTM = 1.1006-1

= 0.1006

= 10.06%

The answers are in the brackets. I want to know the process to get the answers.

***Question**** b. What are the 1 year forward rate at the end of year 1, and the annualized forward rate between end of years 1 and 3? [answers: 9.52%, and 10.75%]

Suppose the prices of one-year, two-year, and three-year zero coupon bonds each with a par value of $100 are $90,$80, and $70, respectively. Determine the arbitrage-free price of the annuity

XYZ stock price and dividend history are as follows:

An investor buys six shares of XYZ at the beginning of 2015, buys another two shares at the beginning of 2016, sells one share at the beginning of 2017, and sells all seven remaining shares at the beginning of 2018.

b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2015, to January 1, 2018. (Negative amounts should be indicated by a minus sign.)

b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.)

The NSW Beef Farmers [‘NSWBF’] breeds a mix of Mashimi and Wagyu cattle, producing a unique and expensive beef product selling for $200 per kg on wholesale markets. In November 2019, NSWBF signed a binding agreement with China Beef Imports [‘CBI’] to provide 500kg of their beef, each week during 2020 to 2023, with NSWBF responsible for delivering the beef to the CBI warehouse in Beijing as part of the agreed price. NSWBF arranged freight contracts with Wantas Airlines to fulfil these deliveries, at a cost of $9 per kg. NSWBF’s agreements with CBI and Wantas made no mention of pandemics, flight cancellations, or Government restrictions on flights or trade.

In April 2020 Wantas cancelled all scheduled flights to China, due to the Covid19 pandemic. Freight remained possible via special Wantas flights, or alternative flights via Hong Kong or Singapore, but with limited cargo space on each flight, the cost of freight has increased to $290 per kg.

CBI has received an exemption from import restrictions for Australian beef products, as the beef products are very popular amongst wealthier people in Beijing. CBI is insisting that NSWBF meet their contractual obligations and continue beef deliveries. NSWBF has a cost of production of $110 per kg of beef, and will lose a large mount of money each week if they continue to make deliveries to CBI paying the increased freight costs.

Discuss whether NSWBF must still deliver beef under their contract, given the rise in freight costs between Sydney/NSW and China.

1. Which of the following is NOT another name for corporate finance?

Quantitative Finance

Business Finance

Financial Management

Managerial Finance

2. The most common type of business form in the U.S. is:

partnership.

sole proprietorship.

Corporations.

LLC.

3. The function of financial markets and institutions is:

to facilitate the flow of funds through the economy.

to look at decisions in firms from the financial manager's point of view.

to create economical booms and recessions.

to manage portfolios of investors.

4. Finance originally grew from:

accounting.

mathematics.

economics.

statistics.

All of the above.

5. Investments is taught from:

the market's point of view.

the corporation's point of view.

the portfolio manager's point of view.

the investor's point of view.

6. Which of the following deals mainly with the people issues of a firm?

Finance

Operations

OB/HR

Accounting

7. Profit maximization fails to provide an appropriate goal for financial managers because

it lacks a time dimension

it ignores risk

the calculation of "profit" is easily manipulated

profit has no clear relationship to value

all of the above

8. Which of the following would a corporate finance professional typically NOT work with?

Cash management

Supply chain management

Investing and financing decisions

Financial policy implementation

Tax strategies

9. If you are interested in working as a financial planner, or want to hire someone to manage your personal assets, which professional designation does the text mention is important?

Overview Most disorders or diseases are caused by a combination of environmental and genetic factors. However, some are caused solely by genetics. We are going to examine the latter in this discussion. You will be given the choice of a genetic disorder to research and write about, and then you will draw some conclusions based on this information. You should spend approximately 3 hours on this assignment.

Instructions Choose one genetic disorder from the following list: Sickle cell anemia Cystic fibrosis Duchenne muscular dystrophy Achondroplasia

Conduct some research on the disorder you chose (remember to write down your sources). Start your discussion post with a description of the genetic disorder. Focus on the inheritance pattern of the disorder (autosomal dominant, X-linked, etc.) and the genotype and phenotype of a person with the disorder.

In your initial post, delve more deeply into the inheritance of the disorder by answering the following questions: What has changed in that gene to allow it to cause a genetic disorder? Be specific and explain how this differs from the gene’s normal function.

Is it possible for parents to not have the disorder, but pass it on to their children? What kind of dominance pattern does it show?

What problem(s) is/are caused to a person who inherits this gene? Is this gene typically inherited from the mother or the father? Finally, describe an experiment that you could use to determine if a new drug is effective at treating the disorder. Be sure to mention the independent, dependent and control variables

Finally, consider how you could use the scientific method to draw conclusions about this disorder or to treat this disorder.