Malaysia has set the policy of achieving 20% Renewable Energy (RE) by 2025. The country had signed the Kyoto Protocol in 1997 with the commitment of reducing carbon emissions by 40% and also to reduce Green House Gas (GHG) emissions contributions by 45% in 2030.

1. Explain what is Renewable Energy?

2. What are the THREE (3) advantages and TWO (2) disadvantages of using biomass energy source?

3. Discuss the problems that arises from using hydropower as the source of renewable energy.

Today, it is 2025 and Uber is planning on purchasing 500 self-driving cars for the San Francisco market. They have their choice of two models, a Tesla and a GM. Each Tesla costs $75,000 and has maintenance expenses of $5,000 a year because of the heavy use they receive. The GM only costs $60,000, but has maintenance expenses of $6,000 per year. The Tesla is expected to have a productive life of 5 years, after which it will have a salvage value of zero. (The battery disposal is very expensive) The GM is expected to have a productive life of 3 years with zero value afterwards. Each car will be depreciated straight-line over its productive life to a zero salvage value. Uber's marginal tax rate is 40% and the appropriate discount rate is 13%. Which car should they choose? Show your work to receive any partial credit.

8% seminannual coupon corp. bond which matures on Feb 14th 2025, is purchased for settlement on April 15th 2014. The yld to maturity is 6.333% quoted on a street convention semiannual bond basis (APR2). Accrued interest = 30/360 day count convention.

(a) What is the flat (clean) price of the bond on the SDT? (use the BA II Plus BOND spreadsheet)

(b) What is the accrued interest on the SDT? (use the BA II Plus BOND spreadsheet)

(c) How many days are there (“T”) in the current coupon period?

(d) How many days are there (“t”) between the last coupon date and the SDT?

Exercise 8-16 Direct Materials and Direct Labor Budgets [LO8-4, LO8-5]

The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:

In addition, 6,000 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $2,880.

Each unit requires 8 grams of raw material that costs $1.20 per gram. Management desires to end each quarter with an inventory of raw materials equal to 25% of the following quarter’s production needs. The desired ending inventory for the 4th Quarter is 8,000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.20 direct labor-hours and direct laborers are paid $11.50 per hour.

Required:

1.&2. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole.

3. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole.

4. Calculate the estimated direct labor cost for each quarter and for the year as a whole.

Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole.

Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole.

Calculate the estimated direct labor cost for each quarter and for the year as a whole.

The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:

In addition, 6,000 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $2,880.

Each unit requires 8 grams of raw material that costs $1.20 per gram. Management desires to end each quarter with an inventory of raw materials equal to 25% of the following quarter’s production needs. The desired ending inventory for the 4th Quarter is 8,000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.20 direct labor-hours and direct laborers are paid $11.50 per hour.

Required:

1.&2. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole.

3. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole.

4. Calculate the estimated direct labor cost for each quarter and for the year as a whole.

• Req 1 and 2

Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole.

• Req 3

Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole.

• Req 4

Calculate the estimated direct labor cost for each quarter and for the year as a whole.

In how many years will $18,000 have an accumulated value of $20,642.15 if interest is 3.8% compounded monthly? Round the value of N to the higher whole number (e.g. if N = 2.13 it becomes N = 3), and Years to two decimal places if necessary.

Over the last year the inflation rate was 3.8 percent and the interest rate on US Treasury Bonds was slightly below 2 percent. As an investor in bonds

a. what would you expect to happen to interest rates?

b. using the three bond rules, in terms of prices, maturity, and coupon rates, what type of bonds should an investor purchase? Explain.

c. Which bond is more price sensitive, a zero coupon 20 year to maturity government issued bond or a 5 percent coupon AAA rated 20 year corporate bond? Explain why?

d. Which bond is more price sensitive, a 8 percent coupon bond that matures is 6 years or a 8 percent bond that matures in 4 years? Why?

Note: the concept of a bond’s duration allows bonds of different coupons and maturity dates to be compared in terms of price sensitivity.

Michelle’s trust is subject to 3.8% surtax on the lesser of the trust’s net investment income or the excess of the trust’s adjusted gross income over the $12,400 threshold (the highest trust tax rate). Explain how the trust can avoid this tax. What are the tax obligations of nonexempt charitable trusts?​

3) A piece of metal with a mass of 3.8 kg and density of 1808 kg/m3 is suspended from a string and then completely immersed in a container of water. The density of water is 1000 kg/m3 .
(a) Determine the volume of the piece of metal.
(b) Determine the tension in the string after the metal is immersed in the container of water.

SHOW ALL WORK AND FORMULAS! THANKS!

Value and Returns A stock has an expected dividend yield of 3.8% a price today of $30 and an expected sale price in one year of $33. The stock has a beta of 1.2 and the expected return on the market is 10% while the risk free rate is 5%. This stock is _____________ by ________ basis points.

overvalued; 143

undervalued; 280

undervalued; 143

overvalued; 280