The probability that a 28-year-old male in the U.S. will die within one year is approximately 0.001395. If an insurance company sells a one-year, $10,000 life insurance policy to such a person for $255, what is the company's expectation? (Round your answer to the nearest dollar.)

The probability that a 28-year-old male in the U.S. will die within one year is approximately 0.001395. If an insurance company sells a one-year, $30,000 life insurance policy to such a person for $195, what is the company's expectation? (Round your answer to the nearest dollar.).   

The probability that a 22-year-old female in the U.S. will die within one year is approximately 0.00044. If an insurance company sells a one-year, $25,000 life insurance policy to such a person for $155, what is the company's expectation? (Round your answer to the nearest dollar.)

The probability that a 22-year-old female in the U.S. will die within one year is approximately 0.00044. If an insurance company sells a one-year, $30,000 life insurance policy to such a person for $95, what is the company's expectation? (Round your answer to the nearest dollar.)

"Micromax Corporation a company assembling and Marketing Mobile phone, after successful operations in India during the last eight years, now plans to enter consumer electronic (say TV) hoping to create similar success stories.The company has approached you to become the CEO of this new Division. Above you is the Board of Directors and below you are the whole set of employees. How will you go about in this assignment using the concept of Leadership and Negotiation. Need answers on all below 4 parts.
List out the steps you will adopt.
What areas you will need to address
What Leadership skills and Negotiation skills you will need to demonstrate.
How will you implement this diversification strategy?"

The Government has recently launched a new and innovative transport system in the country, which is managed by the Metro Express Co Ltd. The CEO of the company is aware that a big challenge lies ahead in managing a new company and to run it efficiently. The Chairperson of the Board of Directors has stated, at the first meeting, that “Managing an organisation requires various skills and the ability to organise various resources. All these tasks must be executed with an understanding of how actions influence the organisation, both internally and externally.” Furthermore, the Board of Directors of the Metro Express Co Ltd has stressed that one of the significant influences on how an organisation is managed is the system of corporate governance.

You are requested to advise him on: (i) how to structure the corporate governance of the organisation?

Eugenia Monroe, 30 years old, is currently employed at an IT firm where she earns $38,000 a year. She expects that her salary will grow by 3% per year. She expects to retire at age 65. She has recently inherited $75,000 and is now considering what to do with the sum. She has two options: First, she could enroll in a certification program in net work design. The program requires completing 20 Web-based courses over one year. The total cost of the program is $5,000, payable when she enrolls. She will not lose any income because she can study while working. When she obtains the certification, she can expect an increase in salary of $10,000 compared to her current job, and this differential will grow at 3% per year so long as she keeps working in that new position. Second, she could enroll for an MBA. It will be an evening program, and it will cost $25,000 per year, due at the beginning of each of her three years in school. Because it is an evening program, she will not lose any income because she can study while working. When she obtains the MBA degree, she can expect a promotion to manager and an increase in salary of $20,000 compared to her current job, and this differential will grow at 3% per year so long as she keeps working in that managerial position. Using a discount rate of 2.95%, please answer the following questions: Create worksheets in Excel showing the timelines for her two alternatives. Assume that salaries are paid only once, on January 1 of the next year. Hence, when she obtains a qualification in, say, 2018, the higher salary does not kick in until 2019. Calculate the present value of the salary differential for completing the certification program. Subtract the present value of the cost of the program to get the net present value. Calculate the present value of the salary differential for completing the MBA program. Subtract the present value of the cost of the program to get the net present value. Based on your answers above, which choice would you recommend to Eugenia Monroe?

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Question: John Ross graduated from college 6 years ago with a finance undergraduate degree. Although he is ...

John Ross graduated from college 6 years ago with a finance undergraduate degree. Although he is satisfied with his current job, his dream is to become an investment banker. To become an investment banker, he would need to take an MBA degree. He is, thus, looking for colleges. After some time, John has narrowed his choice to Brandeis University, Carlton College, or Northeastern University. Both schools allow and encourage internships. However, the Northeastern University will allow students to work while enrolled in a MBA program.

I will describe below the four alternatives that John Ross can evaluate as of today.

Alternative (1)

He can keep his current job at the management firm D&L. His annual salary at the firm is $65,000 per year and is salary is expected to increase at 3% per year until retirement. He is currently 28 years old and he expects to work for 40 more years. His current job includes a full paid health insurance plan and is current average tax rate is 26%. Ben has a savings account with enough money to cover the entire cost of the MBA program.

Alternative (2)

The MBA program at Brandeis University requires two years of full-time enrollment at the university. The annual tuition is $70,000. Books and other supplies are estimated to cost $3,000 per year. John expects that after graduation from Brandeis University he will receive a job offer of $110,000 per year with a signing bonus of $20,000. The expected salary will increase at 4% per year. Because of the higher salary, the average income tax rate will be 31%.

Alternative (3)

The Carlton College offers a one-year program. The tuition cost is $85,000 to be paid upon matriculation. Books and other supplies for the program are expected to cost $4,500. John thinks that after the Carlton degree he will be able to receive an offer of $92,000 per year with a $18,000 signing bonus. The salary at this job will increase at 3.5% per year. His average tax rate at this level of income will be 29%.

Alternative (4)

Northeastern University offers a two-years program. The annual tuition is $90.000. Northeastern allows students to work while enrolled in the MBA program. After some research, John has found out that he can potentially work for his marketing professor as research assistant. The annual stipend for this position at Northeastern University is $25,000 for the first year and $27,000 for the second year. Books and other supplies are estimated to cost $2,000 per year. John expects that after graduation from Northeastern University he will receive a job offer of $85,000 per year with a signing bonus of $10,000. The expected salary will increase at 2% per year for the first 10 years. The growth rate will be 4% thereafter. The average income tax rate is 30%.

All schools offer a health insurance plan that will cost $3,000 per year. John also estimates that room and board expenses will cost $2,000 more per year at all schools than his current expenses. The appropriate discount rate is 6.3%.

Determine the NPV for each of the four alternatives. Please provide formula calculations.

Toyota Motor Company, headquartered in Japan, needs US$10,000,000 for three years to finance working capital for its plant in Long Beach, CA. Toyota has two alternatives for borrowing:

1. Borrow $10,000,000 in New York at 3.00% per annum.
2. Borrow ¥1,200,000,000 in Tokyo at 1.00% per annum, and exchange these yen at the present exchange rate of ¥120/$ for U.S. dollars.

For both loans, Toyota will make no payments until the end of three years, when principal and accumulated interest will be paid.

At what ending exchange rate would Toyota be indifferent between borrowing U.S. dollars and borrowing yen?

Measures of Average: U.S. Census Bureau

The U.S. Census Bureau reports the median family income in its summary of census data.

a) Why do you suppose it uses the median instead of the mean?

b) What might be the disadvantages of reporting the mean?

Measures of Variation: MP3 Player Life Span

A company selling a new MP3 player advertises that the player has a mean lifetime of 5 years. If you were in charge of quality control at the factory, would you prefer that the standard deviation of lifespans of the players you produce be 2 years or 2 months? Why?