A study of smoking status and the risk for recurrent coronary events after myocardial infarction (Rea et al, 2002) had the following results: a) 433 out of 2619 patients who survived to discharge had a recurrent coronary event within 3 years; b) With nonsmokers as the reference group, the relative risk for recurrent coronary events of persons who stopped smoking before their heart attack was 1.17 (95% CI, 0.93 to 1.43); for those who continued to smoke after their heart attack their relative risk of recurrent coronary events was 1.51 (95% CI, 1.10 to 2.07) c) For those who quit after their heart attack, their risk declined gradually over the three year follow up to that of nonsmokers. 11. In your own words, what do these findings mean for the population of patients who stopped smoking before their heart attack? confidence interval). 12. In your own words, what do these findings mean for the population of patients who continue to smoke after a heart attack?
In: Economics
1. X Corporation plans to announce that it will issue $1.6 million of bonds and use the proceeds to repurchase common stock. The bonds will sell at par with a coupon rate of 6%. The company is currently all-equity and worth $6.1 million with 280,000 shares of common stock outstanding. After the sale of the bonds, the company will maintain the new capital structure indefinitely. The annual pretax earnings of $1.45 million are expected to remain constant in perpetuity. The tax rate is 21%. (8 points) a. What is the expected rate of return on the company’s equity before the announcement? (8 points) b. What is the price per share of X’s equity before the announcement? (8 points) c. What is the price per share of X’s equity immediately after the announcement? (8 points) d. What is the market value of X’s equity immediately after the actual debt issue and repurchase? (8 points) e. What is required rate of return on equity (cost of equity) after the capital structure restructuring?
In: Finance
DATA AND RESULTS
Mass of Ball: .059 kg
| Trial | Initial Height (yi) | Final return height (yr) | Time to ground | Time to return |
| 1 | 4 m | 2.2 m | .882 s | .644 s |
| 2 | 3.5 m | 2 m | .830 | .615 s |
| 3 | 3 m | 1.7 m | .772 s |
.561 s |
1. The potential energy of the object at its highest point
_2.32_Trial #1
2. The kinetic energy of the object just before impact _2.32 _
3. The velocity of the object just before impact, using kinetic energy _8.87 _
4. The “kinetic energy” of the object just after impact _33.80_ (Hint: neglect air resistance and think about the height it rebounds to)
5. The “rebound” velocity of the object _10.62_
6. The loss in energy _0 + 2.32 = 33.80 + 0 + loss_
Trial #2
1. The potential energy of the object at its highest point _2.03_
2. The kinetic energy of the object just before impact _2.03_
3. The velocity of the object just before impact, using kinetic energy _8.30 _
4. The “kinetic energy” of the object just after impact _-32.97_
5. The “rebound” velocity of the object __
6. The loss in energy __
Trial #3
1. The potential energy of the object at its highest point _1.74_
2. The kinetic energy of the object just before impact _1.74_
3. The velocity of the object just before impact, using kinetic energy _7.68 _
4. The “kinetic energy” of the object just after impact _-1.28_
5. The “rebound” velocity of the object _6.59_
6. The loss in energy __
Can someone please help me on this to double check I am doing this correctly? Thank you!
In: Physics
Please do in excel and show the formula
1)Green Manufacturing, Inc. plans to announce that it will issue $5 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will have an 8-percent annual coupon rate. Green is currently an all-equity firm worth $15 million, with 1,000,000 shares of common stock outstanding. After the sales of the bonds, Green will maintain the new capital structure indefinitely. Green currently generates annual pretax earnings of $3 million. This level of earnings is expected to remain constant in perpetuity. Green is subject to a tax rate of 30 percent.
a) What is the required return on Green’s equity before the announcement of the debt issue?
b) Construct Green’s market-value balance sheet before the announcement of the debt issue. In other words, what is the market value of the firm? What is the market value of debt? What is
the market value of equity? Finally, What is the price per share of the firm’s equity?
c) Construct Green’s market-value balance sheet immediately after the announcement of the debt
issue but before the issue itself. Calculate the market value of the firm, the market value of
debt, and the market value of equity.
d) What is Green’s stock price per share immediately after the repurchase announcement?
e) How many shares will Green repurchase as a result of the debt issue? How many shares of
common stock will remain after the repurchase?
f) Construct Green’s market-value balance sheet immediately after the restructuring. In other
words, calculate the market value of the firm, the market value of debt, and the market value of
equity.
g) What is the required return on Green’s equity after the restructuring?
In: Finance
Green Manufacturing, Inc. plans to announce that it will issue $3 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will have a 6-percent annual coupon rate. Green is currently an all-equity firm worth $15 million, with 500,000 shares of common stock outstanding. After the sales of the bonds, Green will maintain the new capital structure indefinitely. Green currently generates annual pretax earnings of $3 million. This level of earnings is expected to remain constant in perpetuity. Green is subject to a tax rate of 40 percent.
a) What is the required return on Green’s equity before the announcement of the debt issue?
b) Construct Green’s market-value balance sheet before the announcement of the debt issue. In other words, what is the market value of the firm? What is the market value of debt? What is the market value of equity? Finally, What is the price per share of the firm’s equity?
c) Construct Green’s market-value balance sheet immediately after the announcement of the debt issue but before the issue itself. Calculate the market value of the firm, the market value of debt, and the market value of equity.
d) What is Green’s stock price per share immediately after the repurchase announcement?
e) How many shares will Green repurchase as a result of the debt issue? How many shares of common stock will remain after the repurchase?
f) Construct Green’s market-value balance sheet immediately after the restructuring. In other words, calculate the market value of the firm, the market value of debt, and the market value of equity.
g) What is the required return on Green’s equity after the restructuring?
In: Finance
Green Manufacturing, Inc. plans to announce that it will issue $3 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will have a 6-percent annual coupon rate. Green is currently an all-equity firm worth $15 million, with 500,000 shares of common stock outstanding. After the sales of the bonds, Green will maintain the new capital structure indefinitely. Green currently generates annual pretax earnings of $3 million. This level of earnings is expected to remain constant in perpetuity. Green is subject to a tax rate of 40 percent.
a) What is the required return on Green’s equity before the announcement of the debt issue?
b) Construct Green’s market-value balance sheet before the announcement of the debt issue. In other words, what is the market value of the firm? What is the market value of debt? What is the market value of equity? Finally, What is the price per share of the firm’s equity?
c) Construct Green’s market-value balance sheet immediately after the announcement of the debt issue but before the issue itself. Calculate the market value of the firm, the market value of debt, and the market value of equity.
d) What is Green’s stock price per share immediately after the repurchase announcement?
e) How many shares will Green repurchase as a result of the debt issue? How many shares of common stock will remain after the repurchase?
f) Construct Green’s market-value balance sheet immediately after the restructuring. In other words, calculate the market value of the firm, the market value of debt, and the market value of equity.
g) What is the required return on Green’s equity after the restructuring?
In: Finance
Please detail the Great Financial Crisis of 2008. Including what lead up to it, the primary cause. Banks involved, and what this Crisis meant for risk in the financial markets before and after.
In: Finance
In: Nursing
C)Why during given Live virus vaccine, we have to be sure there is a gap : should be at least three weeks before or three months after an injection of immunoglobulin(Ig).
In: Nursing
Calculate the pH of 1.00 L of a solution that is 0.120M in HNO2 and 0.150M in NaNO2 before and after you add 2.0mL of 15.0M HCL. [Ka(HNO2) = 4.0 x 10-4]
In: Chemistry