Questions
Question 2 (40 marks) A 4-year zero coupon bond has a face value of $100 and...

Question 2 A 4-year zero coupon bond has a face value of $100 and a price of $82.270. The table below contains prices, coupons and the time to maturity for 3 annual coupon paying bonds that have a face value of $100. Please use annual compounding and annual discounting in your calculations and 3 decimal places in your workings. Time to Maturity (Years) Annual Coupon Price 1 3.0% $98.095 2 6.5% $102.790 3 5.8% $102.179 a) What is the price of a 3-year bond paying annual coupons of 5% and a face value of $100? b) If you had $1 million invested in the 3-year 5% coupon bond, how many of the 4-year zerocoupon bonds would you need to short-sell to hedge your interest rate risk? c) Without doing any calculations, discuss what actions you would need to take with your short position in the zero coupon to ensure your interest rate risk remained hedged until the maturity of the 3-year coupon paying bond.

In: Finance

Comprehensive Example Ch 4 pt 2 - Online Class Salary $ 125,000.00 Corporate Bonds $    10,000.00...

Comprehensive Example Ch 4 pt 2 - Online Class
Salary $ 125,000.00
Corporate Bonds $    10,000.00
Muni Bonds $      5,000.00
For AGI Deductions $      7,000.00
Itemized Deductions $      1,000.00
Filing Status MFJ
Withholding $      5,000.00
Non-Refundable Credits $    10,000.00
Calculate: 2017 2018
Gross Income
Adjusted Gross Income
Taxable Income
Income Tax Liability
Tax Due/ (Refund)

In: Accounting

Aluminum oxide (Al2O3) has an elastic modulus of 400 GPa and a KIc of 4 MPa•m1/2...

Aluminum oxide (Al2O3) has an elastic modulus of 400 GPa and a KIc of 4 MPa•m1/2 . A specimen is tested in tension and is found to deform elastically up to the point of fracture at a stress of 450 MPa. (a) Make a diagram of engineering stress-engineering strain to show this behavior. (b) Find the strain at fracture. (b) Estimate the flaw size (a) that caused failure (assume Y = 1). (c) If another specimen of the same size is prepared and tested, do you expect failure to be at a stress of 450 MPa again? Why or why not?

In: Physics

How many unique gamete types are made by a white-eyed male Drosophila? a. 2 b. 4...

How many unique gamete types are made by a white-eyed male Drosophila?

a.

2

b.

4

c.

3

d.

1

A man who carries an X-linked allele will pass it on to ______________

a.

all of his daughters

b.

all of his sons

c.

half of his daughters

d.

all of his sons

Genetic exchange between 2 homologous chromosomes is called

a.

crossing over

b.

pleiotropy

c.

segregation

d.

chromosome pairing

e.

independent assortment

Red-green color blindness is a sex-linked recessive traits in humans. Two people with normal color vision have a color blind son. What are the genotypes of the parents?

a.

XCXc and XCY

b.

XcXc and XcY

c.

XcXc and XCY

d.

XCXC and XcY

e.

XCXC and XCY

In mice, apricot eyes is recessive to black eyes. Tail length is governed by another gene, linked to the eye color gene. Long tails is dominant to short tails. To determine the distance between the two genes, a double heterozygote is mated in a testcross and the classes of progeny produced were as follows:

Apricot eyes, Long tails 33

Apricot eyes, Short tails             20

Black eyes, Long tails                17

Black eyes, Short tails                30

Determine the map distance between the two genes

a.

63 map units

b.

59%

c.

37 map units

d.

50%

In mice, apricot eyes is recessive to black eyes. Tail length is governed by another gene, linked to the eye color gene. Long tails is dominant to short tails. To determine the distance between the two genes, a double heterozygote is mated in a testcross and the classes of progeny produced were as follows:

Apricot eyes, Long tails 33

Apricot eyes, Short tails             20

Black eyes, Long tails                17

Black eyes, Short tails                30

Determine whether the heterozygous parent is in the cis or trans arrangement.

a.

Cis

b.

Trans

In: Biology

eBook Problem Walk-Through Suppose rRF = 4%, rM = 10%, and bi = 1.4. 2. Now...

eBook Problem Walk-Through

Suppose rRF = 4%, rM = 10%, and bi = 1.4.

2. Now suppose rRF decreases to 3%. The slope of the SML remains constant. How would this affect rM and ri?

-Select-IIIIIIIVVItem 3

  1. What is ri, the required rate of return on Stock i? Round your answer to one decimal place.

      %

  2. 1. Now suppose rRF increases to 5%. The slope of the SML remains constant. How would this affect rM and ri?
    1. Both rM and ri will increase by 1 percentage point.
    2. rM will remain the same and ri will increase by 1 percentage point.
    3. rM will increase by 1 percentage point and ri will remain the same.
    4. Both rM and ri will decrease by 1 percentage point.
    5. Both rM and ri will remain the same.

    -Select-IIIIIIIVVItem 2

    1. Both rM and ri will decrease by 1 percentage point.
    2. rM will decrease by 1 percentage point and ri will remain the same.
    3. rM will remain the same and ri will decrease by 1 percentage point.
    4. Both rM and ri will increase by 1 percentage point.
    5. Both rM and ri will remain the same.
  3. 1. Now assume that rRF remains at 4%, but rM increases to 11%. The slope of the SML does not remain constant. How would these changes affect ri? Round your answer to one decimal place.

    The new ri will be   %.

    2. Now assume that rRF remains at 4%, but rM falls to 9%. The slope of the SML does not remain constant. How would these changes affect ri? Round your answer to one decimal place.

    The new ri will be   %.

In: Finance

Outline four (4) important functional properties of microorganisms in fermented foods and give two (2) examples...

Outline four (4) important functional properties of microorganisms in fermented foods and give two (2) examples each of associated microbes.

In: Biology

2. During 2017, Tom sold Sears stock for $10,000. The stock was purchased 4 years ago...

2. During 2017, Tom sold Sears stock for $10,000. The stock was purchased 4 years ago for $13,000. Tom also sold Ford Motor Company bonds for $35,000. The bonds were purchased 2 months ago for $30,000. Home Depot stock, purchased 2 years ago for $1,000, was sold by Tom for $2,500. Calculate Tom’s net gain or loss, and indicate the nature of the gain or loss. $__________

In: Accounting

why in lab do you usually fill the dissecting tray with about 2-4 cm of water?

why in lab do you usually fill the dissecting tray with about 2-4 cm of water?

In: Biology

2. Unit 4 looked at decision making, and discussed the situational aspect. Please describe two situations;...

2. Unit 4 looked at decision making, and discussed the situational aspect. Please describe two situations; the first, a situation where you believe a very directive style would be appropriate and the second, one where you think a very collaborative style would better serve the situation. In both instances, describe the situation and your reasoning.

3. In Unit 14, we looked at small business. Would you prefer managing in a huge enterprise or a small one? What factors entered into your decision?

In: Operations Management

Q2. Two balls are chosen randomly from an urn containing 8 white, 4 black, and 2...

Q2. Two balls are chosen randomly from an urn containing 8 white, 4 black, and 2 orange balls. Suppose that we win $2 for each black ball selected and we lose $1 for each white ball selected. Let X denote our winnings. What are the possible values of X, and what are the probabilities associated with each value i.e. create a discrete probability distribution table for winning amount. Compute the expected value of winnings and standard deviation of winnings. You can setup an Excel spreadsheet to perform the calculations. Upload your Excel file on BB using the link Homework> HW3.

The answer should be done by Excel

In: Statistics and Probability