Covan has 6 million shares outstanding, $4 million in excess cash, and it has no debt. If its cost of capital is 10 % ,

what should be its stock price? b. Covan reinvests all its FCF and has no plans to add debt or change its cash holdings (it does not invest its cash holdings). If you plan to sell Covan at the beginning of year 2, what is its expected price? c. Assume you bought Covan stock at the beginning of year 1. What is your expected return from holding Covan stock until year 2?

Assume the following information:

Is covered interest rate possible for US investors? New Zealand investors? Explain why covered interest rate arbitrage is or is not feasible.

Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore §179 expense and bonus depreciation for this problem): (Use MACRS Table 1, Table2,and Table 5.)

*the delivery truck is not a luxury automobile

In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $700,000

a. What is the allowable MACRS depreciation on Convers’s property in the current year assuming Convers does not elect §179 expense and elects out of bonus depreciation? (Round you intermediate calculations to the nearest whole dollar amount)

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If you invest $2,000 per year starting one year from today, how much will you have:

a. After 10 years at 8 percent annual return

b. After 30 years at 10 percent annual return

Last year company X issued a 10-year, 12% semi-annual coupon bond at its par value of $1000. Currently, the bond can be called in 4 years at a price of $ 1,060 and it sells for $ 1,100. What are the bond’s nominal YTM and nominal YTC ? Would the investor more likely be earning YTM or YTC ?

(b) Three bonds were issues at par value of $1000 and YTM of 8 %. Evaluate the price of below: • 10-year, 10% annual coupon • 10 year zero • $100 perpetuity

Two stocks has the following year-end stock prices and dividends:

Which stock has a higher annual average capital gain yield over the four years? Which stock has a higher average dividend yield?If T-bill rate is 2.0 percent, which stock has a higher average nominal risk premium based on the annual average total return?What are the two primary lessons learned from capital market history? Provide evidence

Thanks

Obtuse Ltd has recorded the following end-of-year share prices and paid dividends: Year Price Dividend 2010 $1.20 $0.00 2011 $1.35 $0.05 2012 $1.12 $0.00 2013 $1.47 $0.00 2014 $1.71 $0.05 2015 $1.69 $0.00 2016 $1.82 $0.06 2017 $1.87 $0.10 Calculate the yearly returns for this share. Calculate the standard deviation of returns for the company's shares. This question has been answered but I want to know how he arrived at the result of standard deviation (15.58%). Thanks

Suppose a life insurance company sells a ​$190,000 ​one-year term life insurance policy to a 20​-year-old female for ​$330. The probability that the female survives the year is 0.999502. Compute and interpret the expected value of this policy to the insurance company.

Critical Thinking Case Four-DKA Mrs. S is a 28-year-old patient, with a 12-year history of type I diabetes mellitus. Her husband states that she has had a “bad cold” for several days. Yesterday she stayed in bed and slept all day. She was “too ill” to check her blood sugar, and since she was not really eating, she did not take her insulin. This morning, she was not able to stand up and vomited twice. A Gram stain of Mrs. S’s blood contains gram-positive cocci in clusters. Her admission vital signs are: BP = 90/60; HR = 118 bpm (sinus tachycardia); RR = 32/min; T = 102.3° F; O2 sat via pulse oximetry = 96%. Her serum glucose is 398 mg/dl, and she is positive for serum ketones. She is admitted with a diagnosis of DKA. Her baseline ABGs on 2 L of oxygen are: pH = 7.25; PCO2 = 28; HCO3 = 14; PaO2 = 92; O2 sat = 96%. Her respirations are deep, rapid, and labored. She has bronchial breath sounds in the right axillary area. There is bilateral chest expansion and no evidence of cyanosis. A regular insulin bolus is given and a regular insulin drip is initiated. Mrs. S’s IV fluids are infusing at 800 ml/hr. Her vital signs after 2 hours in the unit are: BP = 120/70; HR = 78 bpm (normal sinus rhythm); RR = 22/min; O2 sat = 100%. Her serum glucose is 250 mg/dl and serum potassium is 4.0 mEq/L. She is more alert and is feeling hungry. 1. What is insulin’s function in the body? What is the most significant basic defect in the development of DKA? 2. What is the cause of Ms. S experiencing DKA? Describe the pathophysiologic rationale for your answer. 3. List the classic signs and symptoms of DKA. Which signs and symptoms did Ms. S experience? What are the pathophysiologic causes of these signs and symptoms? 4. What is an anion gap? Why is the anion gap important to follow in the treatment of DKA? 5. What acid base disturbance is Ms. S experiencing? What compensatory mechanisms are in effect at this time? 6. What is the primary nursing diagnosis for Ms. S.? What are the goals for treatment (both independent and collaborative)? What interventions are imperative to initiate immediately? What interventions are important within the next 12-24 hours? 7. What are potential lab abnormalities for a patient in DKA? 8. What nursing considerations are important in planning Ms. S’s discharge?