Harrison Company issued $600,000 of 10%, 20-year bonds on January 1, 2020. Interest is paid semiannually on July 1 and December 31 each year. Harrison Company uses the straight-line method of amortization for bond premium or discount.

B. Assume the bonds are issued at 100. Provide the journal entries for the issuance of the bonds and the first two interest payments. (3 points)

Find the temperature distribution T(r,θ,z) inside a cylinder of height z= 20 and radius r= 8 , if the cylinder temperature is zero in all surface except the bottom circular surface where it is divided two halves , the first is held at T1= 100 c and the other is held at T2=200 c.

please use laplace equation and show me the solution with the details of the derivation .

If you deposit 100, 200, and 500 at the end of periods 2, 4, 6 respectively in an account that pays 10% compounded annually during the first two periods, 8% compounded annually in periods 3, 4, and 5, and 12% compounded annually in every period thereafter, how much would you have in the account at the end of period 8?

Please provide solution with steps and explanation

assume n = 2^100. consider the following problem. given an unsorted list of size n you can choose to sort it or not first. after this step, you get m queries q1, q2, ... qm. one by one of the form "is qi in the list?" Describe whether you would sort and what algorithm you would use if 1.) m= 10, and 2) m = 1000

Consider a call option with strike price of 2.5.

Underlying stock is expected to follow the distribution:

Price Prob

1 0.05

2 0.20

3 0.25

4 0.25

5 0.20

6 0.05

1. When stock price is above the strike price of 2.5, what is the average value of the stock?

(hint: first find conditional probabilities and then find weighted average)

2. What is the average payment from the call option when the call option is in the money (ie stock price is above strike price of 2.5)?

(Hint: two ways to solve for this. a. weighted avg pmt of call option using conditional probabilities; b. just take the difference b/w conditional mean price of the stock and the strike price)

3. how much should the call be priced today (hint: this is asking for the unconditional mean of call option payment)

The firm Kappa has just decided to undertake a major new project. As a result, the value of the firm in one year’s time will be either $120 million (probability 0.25), $250 million (probability 0.5) or $360 million (probability 0.25). The firm is financed entirely by equity and has 10 million shares. All investors are risk-neutral, the risk-free rate is 4% and there are no taxes or other market imperfections.

(a) What is the value of the company and its share price? Kappa decides to issue debt with face value $146 million due in one year and use the proceeds to repurchase shares now. Assume now that bankruptcy costs will be 15% of the value of the firm’s assets in the event of default on debt repayment.

(b) What is the value of the debt now? What is its yield?

(c) What is the expected value of the firm and the price per share? How many shares will be repurchased?

(d) Assume Kappa decides instead to issue debt with face value $100 million due in one year and repurchase shares with the proceeds. What is the firm’s value now? Why? What is its share price?

(e) Explain how the presence of corporate taxes would influence Kappa’s restructuring decision. (100 words)

The firm Kappa has just decided to undertake a major new project. As a result, the value of the firm in one year’s time will be either $120 million (probability 0.25), $250 million (probability 0.5) or $360 million (probability 0.25). The firm is financed entirely by equity and has 10 million shares. All investors are risk-neutral, the risk-free rate is 4% and there are no taxes or other market imperfections. (a) What is the value of the company and its share price? Kappa decides to issue debt with face value $146 million due in one year and use the proceeds to repurchase shares now. Assume now that bankruptcy costs will be 15% of the value of the firm’s assets in the event of default on debt repayment. (b) What is the value of the debt now? What is its yield? (c) What is the expected value of the firm and the price per share? How many shares will be repurchased? (d) Assume Kappa decides instead to issue debt with face value $100 million due in one year and repurchase shares with the proceeds. What is the firm’s value now? Why? What is its share price? (e) Explain how the presence of corporate taxes would influence Kappa’s restructuring decision. (100 words)

The firm Jucol has just decided to undertake a major new project. As a result, the value of the firm in one year’s time will be either $120 million (probability 0.25), $250 million (probability 0.5) or $360 million (probability 0.25). The firm is financed entirely by equity and has 10 million shares. All investors are risk-neutral, the risk-free rate is 4% and there are no taxes or other market imperfections.

(a) What is the value of the company and its share price?

Jucol decides to issue debt with face value $146 million due in one year and use the proceeds to repurchase shares now. Assume now that bankruptcy costs will be 15% of the value of the firm’s assets in the event of default on debt repayment.

(b) What is the value of the debt now? What is its yield?

(c) What is the expected value of the firm and the price per share? How many shares will be repurchased?

(d) Assume Jucol decides instead to issue debt with face value $100 million due in one year and repurchase shares with the proceeds. What is the firm’s value now? Why? What is its share price?

(e) Explain how the presence of corporate taxes would influence Jucol’s restructuring decision. (100 words)

The firm Kappa has just decided to undertake a major new project. As a result, the value of the firm in one year’s time will be either $120 million (probability 0.25), $250 million (probability 0.5) or $360 million (probability 0.25). The firm is financed entirely by equity and has 10 million shares. All investors are risk-neutral, the risk-free rate is 4% and there are no taxes or other market imperfections.

(a) What is the value of the company and its share price?

Kappa decides to issue debt with face value $146 million due in one year and use the proceeds to repurchase shares now. Assume now that bankruptcy costs will be 15% of the value of the firm’s assets in the event of default on debt repayment.

(b)What is the value of the debt now? What is its yield?

(c) What is the expected value of the firm and the price per share? How many shares will be repurchased?

(d) Assume Kappa decides instead to issue debt with face value $100 million due in one year and repurchase shares with the proceeds. What is the firm’s value now? Why? What is its share price?

(e) Explain how the presence of corporate taxes would influence Kappa’s restructuring decision. (100 words)

The firm Kappa has just decided to undertake a major new project. As a result, the value of the firm in one year’s time will be either $120 million (probability 0.25), $250 million (probability 0.5) or $360 million (probability 0.25). The firm is financed entirely by equity and has 10 million shares. All investors are risk-neutral, the risk-free rate is 4% and there are no taxes or other market imperfections.

(a) What is the value of the company and its share price?

Kappa decides to issue debt with face value $146 million due in one year and use the proceeds to repurchase shares now. Assume now that bankruptcy costs will be 15% of the value of the firm’s assets in the event of default on debt repayment.
(b) What is the value of the debt now? What is its yield?

(c) What is the expected value of the firm and the price per share? How many shares will be repurchased?

(d) Assume Kappa decides instead to issue debt with face value $100 million due in one year and repurchase shares with the proceeds. What is the firm’s value now? Why? What is its share price?

(e) Explain how the presence of corporate taxes would influence Kappa’s restructuring decision. (100 words)