There is a 0.9983 probability that a randomly selected 28​-year-old male lives through the year. A life insurance company charges $191 for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out ​90,000 as a death benefit. Complete parts​ (a) through​ (c) below.

a. From the perspective of the 28​-year-old ​male, what are the monetary values corresponding to the two events of surviving the year and not​ surviving?

The value corresponding to surviving the year is ​$ _____?

The value corresponding to not surviving the year is $_____?

(Type integers or decimals. Do not​ round.)

If the 28​-year-old male purchases the​ policy, what is his expected​ value?

The expected value is ​$______?

​(Round to the nearest cent as​ needed.)

Can the insurance company expect to make a profit from many such​ policies? Why?

(yes or no ) ______?because the insurance company expects to make an average profit of $____? on every 28 year old male it insures for 1 year

​(Round to the nearest cent as​ needed.)

There is a

0.99890.9989

probability that a randomly selected

2929​-year-old

male lives through the year. A life insurance company charges

​$189189

for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out

​$110 comma 000110,000

as a death benefit. Complete parts​ (a) through​ (c) below.

a. From the perspective of the 29​-year-old ​male, what are the monetary values corresponding to the two events of surviving the year and not​ surviving?

The value corresponding to surviving the year is ......?????

The value corresponding to not surviving the year is ....?????

b. If the 29-year-old male purchases the​ policy, what is his expected​ value? The expected value is ​.......?

c. Can the insurance company expect to make a profit from many such​ policies? Yes/no because the insurance company expects to make an average profit of ​......????? on every 29 dash year dash old 29-year-old male it insures for 1 year.

There is a 0.9985 probability that a randomly selected 28​-year-old male lives through the year. A life insurance company charges ​$188 for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out ​$100 comma 000 as a death benefit. Complete parts​ (a) through​ (c) below.

a. From the perspective of the 28​-year-old ​male, what are the monetary values corresponding to the two events of surviving the year and not​ surviving?

The value corresponding to surviving the year is ​$___

The value corresponding to not surviving the year is ​$___

​(Type integers or decimals. Do not​ round.)

b. If the 28​-year-old male purchases the​ policy, what is his expected​ value?

The expected value is ​$___

​(Round to the nearest cent as​ needed.)

c. Can the insurance company expect to make a profit from many such​ policies? Why?

Yes? Or No? because the insurance company expects to make an average profit of ​$___

nothing on every 28 dash year dash old male it insures for 1 year.

​(Round to the nearest cent as​ needed.)

There is a 0.9985 probability that a randomly selected 32​-year-old male lives through the year. A life insurance company charges ​$193 for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out $110,000 as a death benefit. Complete parts​ (a) through​ (c) below.

a. From the perspective of the 32​-year-old ​male, what are the monetary values corresponding to the two events of surviving the year and not​ surviving?

The value corresponding to surviving the year is $__

The value corresponding to not surviving the year is $__

​(Type integers or decimals. Do not​ round.)

b. If the 32​-year-old male purchases the​ policy, what is his expected​ value?

The expected value is $__

​(Round to the nearest cent as​ needed.)

c. Can the insurance company expect to make a profit from many such​ policies? Why?

YES/NO because the insurance company expects to make an average profit of $__ on every 32-year-old male it insures for 1 year.

​​(Round to the nearest cent as​ needed.)

An Enterprise Fund that operates on a calendar year basis pays $18,000 for a three-year insurance policy on January 1, 2008. In its financial statements for the year ended December 31, 2008, the Enterprise Fund should report:

a. an expense of $6,000; and an asset of $12,000

b. an expense of $18,000

c. an expense of $12,00; and an asset of $6,000

d. an asset of $18,000; and an expense of $6,000

Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The financial staff has collected the following information on the project:

The company has a 40% tax rate, and its WACC is 14%.

Write out your answers completely. For example, 13 million should be entered as 13,000,000.

1. What is the project's cash flow for the first year (t = 1)? Round your answer to the nearest dollar.
   $
2. 
   
3. If this project would cannibalize other projects by $2.5 million of cash flow before taxes per year, how would this change your answer to part a? Round your answer to the nearest dollar.
   The firm's project's cash flow would now be $ .
4. 
   
5. Ignore part b. If the tax rate dropped to 30%, how would that change your answer to part a? Round your answer to the nearest dollar.
   The firm's project's cash flow would -Select-increasedecreaseItem 3 by $ .

What is the annual capital gains yield expected over the next year for a 15 year bond with 9% coupon rate paying the coupons every six months and selling at $1,082 (enter answer as a percentage)?

1. How much interest will you pay in the 13th year of a $120,000, 8.5%, 25 year mortgage, assuming annual compounding?

a. 7,351.362

b. 7,514.997

c. 7,665.261

2. How much interest will you pay in the 12th year of a $120,000, 8.5%, 25 year mortgage, assuming monthly compounding? (Hint: 144-AMORT, you need to think about what should be entered for INPUT)

Hint: INPUT = AMORT - # of specified periods + 1

a.7,411.813

b.7,648.124

c.7,911.599

3. A reset mortgage allows for one interest rate reset during the life of the loan. The mortgage rate will be reset after 6 years, to fully amortize at the end of the original 30 year period (i.e. after 24 more years). For a 6.625%, $100,000, mortgage, please compute the reset payment if the new rate resets to 7.375%. (Hint: calculate how much balance is left after you pay for 6 years at the rate of 6.625%, then use the left balance as the new PV, pay it off for the rest of the 24 years @ the rate of 7.375%). Assuming monthly compounding.

First six years: 1-INPUT, 72-AMORT.

a. 450.76

b. 489.11

c. 652.37

d. 683.93

Calculate the federal debt and year-over-year percentage growth. Explain the economic impact.