This should be done in as an Excel file.

Using the simple time value of money concepts from Corporate Finance course:

1. Calculate the price of an annual coupon‐bond with a par value of $1,000, time to maturity of 10 years, coupon rate of 10% and
2. yield to maturity of 12% (bond DC).
3. yield to maturity of 8% (bond PC).
4. Do the sensitivity analysis on the price of these two bonds (bond DC & bond PC) by changing the
5. following (one variable change at a time):
6. Time to maturity from 1 year to 50 years in increments of 1 year.
7. Coupon rate from 0% to 20% in increments of 1%.
8. Fix the time to maturity at 5 years and coupon at 10% but change the yield to maturity from 0% to 30%. This will be just one bond, not the two bonds mentioned above.
9. Fix the time to maturity at 30 years and coupon at 10% but change the yield to maturity from 0% to 30%. This will be just one bond, not the two bonds mentioned above.
10. Calculate the price of two zero‐coupon bond with a par value of $1,000, time to maturity of 10 years, and
11. yield to maturity of 12% (bond DZ).
12. yield to maturity of 8% (Bond PZ).
13. Do the sensitivity analysis on the price of these two bonds (bond DZ and bond PZ) by changing the following:

a. Time to maturity from 1 year to 50 years in increments of 1 year.

1. Fix the time to maturity of the zero to 5 years but change Yield to maturity from 0% to 20%
2. Fix the time to maturity of the zero to 30 years but change Yield to maturity from 0% to 20%

For each sensitivity analysis part, a table and a graph is required. The graph should show the relationship between the variable that you changed and price of the bond. The graph type should be the smooth line kind under the charts icon that shows scatter dots.

Under each graph a sentence or two is required to explain the relationship between the variable that you changed and the bond price.

Finally, in a few sentences that compare the sensitivity of the coupon‐bond with the zero‐coupon bond for similar change in time to maturity and yield to maturity.

Sensitivity analysis = studying the effect of changing one variable value on an outcome of interest. From Corporate Finance, this analysis was done for project NPV.

We have two set of data in which it gives me n1=40 , n2=40 , mean1= 8.379 ,mean2=5.691 , and st.devation1=1.630 ,st.devation2=1.591, the experiment is about the reaction speed between two persons.

calculate the curve of operation

Your objective is to write a well-documented simple program using classes, a loop, and nested ifs to simulate an ATM using JAVA.

1. Create an ATM class with class variables name, pin, and balance, a constructor with parameters to assign values to the three instance variables, methods to get the name, pin, and balance, and methods to handle validated deposits and withdrawals ( deposit and withdrawal amounts cannot be negative, and withdrawal amount must not be greater than the existing balance).

2. In the ATMTest class, read the names, 4 digit pin numbers, and account balances of two customers into two instances of the ATM class. Display the two customers names, pins, and balances formatted.

3. Now that you have all your customers’ information start your ATM to accomplish the following within an infinite loop,

a). Display a welcome screen with your bank’s information and prompt for and read the customer entered pin.

b). Use a nested if to match the entered pin with one of the two customers’ pins. If the entered pin number matches that of one of the customers, then:

i. Welcome the customer by name and display the balance.

ii. Display option to 1. DEPOSIT, 2. WITHDRAW or 3. EXIT.

iii. If option 1 is selected, then use the instance deposit method to prompt for deposit amount, read, and add a valid deposit amount to the customer’s balance

iv. If option 2 is selected, then use the instance withdrawal method to subtract a valid withdrawal amount from the customers balance

v. If option 3 is selected, go to step a.

4. Should the entered pin number not match either of the two customers, notify the customer that the entered pin is not valid and go to step a.

5. Selection of the EXIT option must display welcome/login screen (step a).

6. Should an incorrect option be entered, notify the user and display the original welcome/login screen (step a).

Part (a)Using the Experience and Income xlsx file, determine the sample correlation coefficient between the annual salary and the job market experience variables.

Part (b)Interpret the sample correlation coefficient you found in part (a)

Part (c)If we regressed income on experience, what share of the variation in income could be explained by the variation in experience? Explain how you found your answer.

Cash Dividends, Stock Dividend, and Stock Split

During the year ended December 31, 20--, Choi Company completed the following transactions:

Required:

Prepare journal entries for the transactions. If an amount box does not require an entry, leave it blank.

Board of directors of Choi Company declared a two-for-one common stock split.

How is this transaction recorded in the books of Choi Compnay?

Lettuce Serve manufactures a variety of specialty salad dressings. Production runs are both high-volume and low-volume activities, depending on customer orders. Presented is Lettuce Serve's 2017 general manufacturing costs (manufacturing overhead) and each cost's related activity cost driver.

Their cranberry vinaigrette dressing required 3,000 machine hours to fill 10 customer orders for a total of 8,000 units.

(a) Assuming all manufacturing overhead is estimated and predicted on the basis of machine hours, determine the predicted total overhead costs to produce the 8,000 units of cranberry vinaigrette.
$Answer

(b) Assuming manufacturing overhead is estimated and predicted using separate rates for machine hours, customer orders, and products (a multiple-level cost hierarchy), determine the predicted total overhead costs to produce the 8,000 units of cranberry vinaigrette.
$Answer

(c) Calculate the error in predicting manufacturing overhead using machine hours versus using multiple cost drivers. Indicate whether the use of only machine hours results in overpredicting or underpredicting the costs to produce 8,000 units of cranberry vinaigrette.
$Answer

(d) Determine the error in the prediction of cranberry vinaigrette batch-level costs resulting from the use of only machine hours. Indicate whether the use of only machine hours results in overpredicting or underpredicting the batch-level costs of cranberry vinaigrette.
$Answer
(e) Determine the error in the prediction of cranberry vinaigrette product-level costs resulting from the use of only machine hours. Indicate whether the use of only machine hours results in overpredicting or underpredicting the product-level costs of cranberry vinaigrette.
$Answer

Manufacturing simulation:

Bob runs an online bakery. People can design custom cakes online and Bob’s company will bake them and send them out. Bob has 4 staff; Dan, Clare, Steve and Isla. Customers are charged £80 per cake. All wages are £15/hr. Ingredients are £8 per cake. Demand currently exceeds capacity. Initially assume that all staff work 8 hours per day and there are no equipment or supply limitations.

The current process is as follows:

Orders arrive at an average rate of 25 per day with a standard deviation of 6. Bob vets the orders to make sure they can be made. 5% are rejected at this stage. Bob can vet 6 cakes/hr.

Verified orders are sent to Dan who gathers all the ingredients. Dan can gather ingredients for each cake at a rate of 8 cakes/hr with a standard deviation of 1 cake/hr.

Clare mixes the ingredients and bakes the cakes. Clare can finish an average of 2 cakes/hr with a std dev of 1 cake/hr.

Steve then ices the cakes. Steve can ice 3 cakes/hr.

Isla is in charge of delivering the cakes. Isla can deliver 5 cakes/hr with a standard deviation of 2 cakes/hr.

Tasks:

A.      Using Simul8 software model the current process to see where the bottlenecks are.

B.      Experiment with ideas of how to improve the process.

C.      Present the results of the original and improved process simulations in a clear and concise report. Make sure to show how the process was improved to increase profits.