The Neal Company wants to estimate next year's return on equity (ROE) under different financial leverage ratios. Neal's total capital is $15 million, it currently uses only common equity, it has no future plans to use preferred stock in its capital structure, and its federal-plus-state tax rate is 40%. The CFO has estimated next year's EBIT for three possible states of the world: $5.4 million with a 0.2 probability, $3.1 million with a 0.5 probability, and $0.3 million with a 0.3 probability. Calculate Neal's expected ROE, standard deviation, and coefficient of variation for each of the following debt-to-capital ratios. Do not round intermediate calculations. Round your answers to two decimal places at the end of the calculations.

Debt/Capital ratio is 0.

Debt/Capital ratio is 10%, interest rate is 9%.

Debt/Capital ratio is 50%, interest rate is 11%.

Debt/Capital ratio is 60%, interest rate is 14%.

Would really appreciate some help with this question, I have the answers but I don't understand how to calculate the standard deviation and coefficient of variation. Those are the two I'm struggling with a lot and I don't understand the formula for the standard deviation so any explanation would be really appreciated.

1- Most real estate offers are conditional on the buyer obtaining the necessary financing to complete the purchase. Based on past​ experience, one of​Canada's largest real estate agencies believes that​ 4% of the sales fail because the buyer is unable to obtain the financing approval from their mortgage broker or lender. The real estate agency has recently submitted 60 different​ offers, all of which are conditional on financing.

What is the sampling distribution model of the proportion of clients in this group who may not receive the necessary funding to purchase the​ house? Round to one decimal.

A. Mean​ = 4.0%; standard deviation​ = 0.3%

B. Mean​ = 4.0%; standard deviation​ = 2.5%

C. Mean​ = 96.0%; standard deviation​ = 2.5%

D. Mean​ = 96.0%; standard deviation​ = 0.3%

2- The director of admission of a large university is interested in determining the proportion of students who would like to live on campus in the coming academic year. Rather than examine the records for all​ students, the director randomly selects 150 students and finds that 108 of them would like to live on campus. Using a​ 90% confidence​ interval, what is the estimated true proportion of students who would like to live on campus in the coming academic​ year?

A.0.72​ ± 0.04457

B.0.72​ ± 0.060301

C.0.72​ ± 0.089582

D.0.72​ ± 0.028135

Suppose an economy has three states: boom, normal, and recession. Assume that the probability of a boom state is 0.2, a normal state is 0.5, and a recession state is 0.3. And there are three stocks in this economy, called Alpha, Beta, and Gamma respectively. The return performance of these stocks has been summarized by the following table:

(Please show your intermediate processes, instead of just a final number for your answers. Only round your final answers to two decimal places.)

(a) What is the expected return of Stock Alpha?

(b) What is the variance of Stock Beta?

(c) What is the standard deviation of Stock Gamma?

(d) Suppose you build a portfolio by including these three stocks. The weight of Stock Alpha in your portfolio is 0.2, the weight of Stock Beta is 0.3, and the weight of Stock Gamma is 0.5. What are the expected return, variance, and standard deviation of your portfolio?

(e) Based on what you observe from the calculations and what you learned from the class, could you specify what are the characteristics of portfolios?

that's all I have. can you please check. i don't know any correlation

Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager’s portfolio in column 1, the fraction of the portfolio allocated to each sector in column 2, the benchmark or neutral sector allocations in column 3, and the returns of sector indices in column 4.

a-1. What was the manager’s return in the month? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

a-2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

Need some assistance with a java program “Square,” that will implement a data type Square that represents squares with the x and y coordinates of their upper-left corners and the length.

The API should be as follows.

Square(double x, double y, double length) //constructor

double area() //returns the area of the square

double perimeter() //returns the perimeter of the square

boolean intersects(Square b) //does this square intersect b? Two squares would intersect if they share one or more common points

boolean contains(Square b) //does this square contain b?

void draw() //draw this square on standard drawing

Note: The program should include a main method to test that it does the following.

• Instantiate a Square object whose upper-left corner coordinates and length are given as command-line arguments. It should print out the area and perimeter of the square.

• Prompt the user for a second square’s upper-left corner coordinates and length, and indicate whether it intersects with the square specified earlier and also whether it contains the square specified earlier.

• Provide a pop-up window that displays the two squares.

A sample run would be as follows.

>java Square 0.2 0.7 0.3

The area is 0.09

The perimeter is 1.2

Enter the upper-left coordinates and the length of a square: 0.3 0.6 0.4

Investment advisors estimated the stock market returns for four market segments: computers, financial, manufacturing, and pharmaceuticals. Annual return projections vary depending on whether the general economic conditions are improving, stable, or declining. The anticipated annual return percentages for each market segment under each economic condition are as follows:

Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager’s portfolio in column 1, the fraction of the portfolio allocated to each sector in column 2, the benchmark or neutral sector allocations in column 3, and the returns of sector indices in column 4.

a-1. What was the manager’s return in the month? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

a-2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

The following equations describe an economy. (Think of C, I, G, etc., as being measured in billions and I as a percentage; a 5 percent interest rate implies I=5).

C = 0.8 (1 – t) Y

                              t = 0.30

                              I = 1000 – 50 i

G= 500

                              L = 0.25Y – 65 i

M/P = 700

1. Derive the IS equation.

AD = C + I + G + NX

AD = 0.8 (1 – t) Y + 1000 – 50i + 500

AD = 0.8 (1 – 0.3) Y + 1500 – 50i

             At equilibrium AD = Y so

                        Y= 0.8 (1 – 0.3) Y + 1500-50i

                        Y- [0.8 (1 - .3) Y]=1500 – 50i

                        Y[1 – (0.8(1 - .3))] = 1500 – 50i

                        Y= [1/ (1- (0.8 (1- 0.3))] x (1500- 50i)

                        Y= 2.27(1500 – 50i)

                        Y= 3405 – 113.5i

2. Derive the LM equation.

M-bar/P-bar = L

700= .25Y – 65i

0.25Y = 700 +65i

Y= 4(700 + 65i)

Y= 2800 + 260i

3. What are the equilibrium levels of income and interest rate?

3405 – 113.5i = 2800 + 260i

3405 – 2800 = 113.5i + 260i

605= 373.5i

i= 1.62

Y= 2800 + 260(1.62)

Y= 3221.2

4. What is the value of a_G which corresponds to simple multiplier with taxes?
   1. AG= 2.27 (First question)
5. What would be the new equilibrium levels of income and interest rate if the congress passed a tax-cut and the new tax rate was 25%, and concurrently, people became less frugal and consequently marginal propensity to consume increases to 0.90.
6. If the increased spending overshoots and the economy starts to experience inflation, calculate the new levels of equilibrium income and interest rate if the new Federal Reserve decided to curb spending and by lowering the real money supply to 550?
7. For each step, graph the IS and LM curves and clearly show their movements for the problems above. Although the graph needs not to be precise, you must clearly show if IS or LM curves shifted or tilted and in which direction.

An Endowment Fund has a $5.0 million one time commitment in 2018. It expects $7.0 million in annual contributions in 2018 and $3.0 million in endowment expenses. The current income tax rate is 30%. What is the endowment’s liquidity requirement?

a) $3.0 million

b) $5.6 million

c) $1.0 million

d) $2.2 million

e) $6.0 million