The Rivoli Company has no debt outstanding, and its financial position is given by the following data: Assets (Market value = Book value) $3,000,000 EBIT $500,000 Cost of equity, rS 10% Stock price, P0 $15 Shares outstanding, n0 200,000 Tax rate, T 40% Unlevered beta 1.0 The firm is considering selling bonds and simultaneously repurchasing some of its stock. If it moves to a capital structure with 30% debt based on market values, its cost of equity, rS, will increase to 11% to reflect the increased risk. Bonds can be sold at a cost, rd, of 7%. Rivoli is a no-growth firm. Hence, all its earnings are paid out as dividends. Earnings are expected to be constant over time. a) What effect would this use of leverage have on the value of the firm? Calculate the value of the company with a new level of debt. Also, calculate the value of equity and debt in U.S. dollars. b) The problem provides the new cost of equity. Use the cost of equity formula of M&M Proposition II with taxes to show that the new cost of equity is approximately 11%. c) What would be the price of Rivoli’s stock after announcing the recapitalization? d) Calculate the number of shares purchased during the recapitalization, the number of remaining shares outstanding. Also, prove that market capitalization of equity is equal to the number of shares outstanding times the price per share you calculated from part (c). Your answer to this question (market capitalization of equity) should be equal to the value of equity you calculated in part (a). e) What happens to the firm’s earnings per share after the recapitalization? Calculate EPS before and after the recapitalization. f) Calculate the beta of the company after the recapitalization (with debt), using the Hamada formula. g) The $500,000 EBIT given previously is actually the expected value from the following probability distribution: Probability EBIT 0.1 ($100,000) 0.2 200,000 0.4 500,000 0.2 800,000 0.1 1,100,000 Determine the times-interest-earned ratio for each probability. What is the probability of not covering the interest payment at the 30% debt level?

The Rivoli Company has no debt outstanding, and its financial position is given by the following data:

Assets (Market value = Book value)	$3,000,000
EBIT	$500,000
Cost of equity, rS	10%
Stock price, P0	$15
Shares outstanding, n0	$200,000
Tax rate, T	40%
Unlevered beta	1.0

The firm is considering selling bonds and simultaneously repurchasing some of its stock. If it moves to a capital structure with 30% debt based on market values, its cost of equity, rS, will increase to 11% to reflect the increased risk. Bonds can be sold at a cost, rd, of 7%. Rivoli is a no-growth firm. Hence, all its earnings are paid out as dividends. Earnings are expected to be constant over time.

a) What effect would this use of leverage have on the value of the firm? Calculate the value of the company with the new level of debt. Also, calculate the value of equity and debt in U.S. dollars.

b) The problem provides the new cost of equity. Use the cost of equity formula of M&M Proposition II with taxes to show that the new cost of equity is approximately 11%.

c) What would be the price of Rivoli’s stock after announcing the recapitalization?

d) Calculate the number of shares purchased during the recapitalization, the number of remaining shares outstanding. Also, prove that market capitalization of equity is equal to the number of shares outstanding times the price per share you calculated from part (c). Your answer to this question (market capitalization of equity) should be equal to the value of equity you calculated in part (a).

e) What happens to the firm’s earnings per share after the recapitalization? Calculate EPS before and after the recapitalization.

f) Calculate the beta of the company after the recapitalization (with debt), using the Hamada formula.

g) The $500,000 EBIT given previously is actually the expected value from the following probability distribution:

Probability	EBIT
0.1	($100,000)
0.2	$200,000
0.4	$500,000
0.2	$800,000
0.1	$1,100,000

Determine the times-interest-earned ratio for each probability. What is the probability of not covering the interest payment at the 30% debt level?

Two children who are bored while waiting for their flight at the airport decide to race from one end of the 20 m-long moving sidewalk to the other and back. Phillippe runs on the sidewalk at 2.0 m/s (relative to the side walk). Renee runs on the floor at 2.0  m/s. The sidewalk moves at 1.5  m/s relative to the floor.Both make the turn instantly with no loss of speed.

Part1
Who wins the race? (Phillippe or Renee?)

Part2
By how much time does the winner win? (2 sig figs and in seconds)

Assume you have a dataset available that includes information on who is playing in a lottery, who wins a lottery and information on how much these individuals work over several time periods (both before and after the lottery).

a) How would you test whether winning the lottery affects labour supply and hence whether the predictions made , hold in the real world? Describe the method you would use and how you would use it.

b) Would you use the full sample of individuals in the data set or only the individuals that in the first place play lotteries?

A spring has a Hooke's law spring constant of 3.4 N/m. If you load it with 1.3 kg, how far will it extend from its equilibrium length?

A spring 10 cm long extends 0.5 cm when a mass of 8 kg is hung from it. Suppose you made an similar spring of the same material, but twice as long. How much would it extend with the same mass?

If you apply a force {f} newtons on a spring, and it extends to some length 1.6 in meters, how far would it extend for another force 3.7 times that first one?

If you pull on a spring with a force F to extend it for some change in its length, what is the force that the spring pulls against you?

A gallon of water is about 3.785 liters, 3785 cm³ of volume, and 3.785 kg of mass. (Gasoline is somewhat less dense.) Suppose an empty tanker truck with a weight of 10,000 lbs (4545 kg mass) deflects a bridge by 1 cm (0.01 m) when it is in the middle of span. If a full truck could hold 8,000 gallons of water, how much would it deflect the bridge by if it were 36.1 percent full? Give your answer in cm, where 100 cm = 1 m or 2.54 cm = 1 in.

If you have a closed container containing gas at Earth's atmospheric pressure and at 20 °C , and you increase is temperature by 10 °C while leaving the container tightly closed, what happens to the pressure inside?

A very good vacuum on Earth is 10^-9 of Earth's atmospheric pressure at room temperature. How many atoms would be in a cubic meter of that vacuum?

Suppose you have plastic gallon milk bottle and you have removed all the water from it. In a microwave oven you boil a cup of water and while it is boiling pour it in, let the vapor fill the bottle and displace all the air inside, and then tightly cap the bottle. You wait for a minutes while the water inside cools and the vapor condenses, or you urge the process on by sitting the bottle outside on the snow. Since your bottle no longer contains air, how much force is being exerted on a side that is 0.25 by 0.2 meters?

Suppose we have a piston 0.5 cm in diameter pushing on a fluid, and that liquid is connected to a cylinder with another, larger, piston being used to lift up your car. If your car has a mass of 1500 kg, and without the apparatus you can lift at most 49.8 kg, what is the minimum diameter of the piston you will need to lift your car?

You have a choice of boats to make a trip across a lake with a 240 kg load of supplies for your vacation cabin. You and your friend both have masses of 80 kg. Since the smaller boats are less expensive to rent, and you want to keep it for several days, you chose the smallest one that will safely ferry your load. Allow a safety factor of 2x, such that the boat can support twice its weight and the load. Knowing the density of water is 1000 kg/m³, which one do you choose?

Consider babies born in the "normal" range of 37–43 weeks gestational age. A paper suggests that a normal distribution with mean

μ = 3500 grams

and standard deviation

σ = 710 grams

is a reasonable model for the probability distribution of the continuous numerical variable

x = birth weight

of a randomly selected full-term baby.

(a)

What is the probability that the birth weight of a randomly selected full-term baby exceeds 4000 g? (Round your answer to four decimal places.)

(b)

What is the probability that the birth weight of a randomly selected full-term baby is between 3000 and 4000 g? (Round your answer to four decimal places.)

(c)

What is the probability that the birth weight of a randomly selected full-term baby is either less than 2000 g or greater than 5000 g? (Round your answer to four decimal places.)

(d)

What is the probability that the birth weight of a randomly selected full-term baby exceeds 7 pounds? (Hint: 1 lb = 453.59 g. Round your answer to four decimal places.)

(e)

How would you characterize the most extreme 0.1% of all full-term baby birth weights? (Round your answers to the nearest whole number.)

The most extreme 0.1% of birth weights consist of those greater than  grams and those less than  grams.

(f)

If x is a random variable with a normal distribution and a is a numerical constant

(a ≠ 0),

then

y = ax

also has a normal distribution. Use this formula to determine the distribution of full-term baby birth weight expressed in pounds (shape, mean, and standard deviation), and then recalculate the probability from part (d). (Round your answer to four decimal places.)

How does this compare to your previous answer?

The value is much smaller than the probability calculated in part (d).The value is about the same as the probability calculated in part (d).    The value is much larger than the probability calculated in part (d).

1.a) What is the (average) power needed to accelerate a car of mass m=1550 kg from zero to 60 mph in 7.1 s?

b) Which simplifications did you make in that short calculation, i.e. what did you neglect?

2.The current BC hydro rates are 6.55 cents per kWh. If you have a desktop computer that uses 200 W (on average), how much does it cost you per month to run it for 6 hours per day?

3.

An elevator car has a mass of 1600 kg and is carrying passengers with a combined mass of 200 kg. A constant friction force of 4000 N is acting.

a) How much power must be delivered by the motor to lift the car with the passengers at a constant speed of 3m/s?

b) How much power must be delivered by the motor when the car with the passengers is moving with speed v = 3m/s, and it is supposed to provide an acceleration of 1.00m/s2?

1. Check each of the following that could be classified as products made by an oligopolistic competitor.

		cigarettes
		breakfast cereals
		airlines
		cotton
		cell phones
		motor vehicles

2. (Check each of the correct answers) Game theory suggests that firms in oligopoly:

		would resist offering a low price because other firms would match the price and their advantage would no longer exist.
		would resist offering a high price because fewer buyers would purchase from that firm
		should choose to cooperate with other sellers in maintaining the price within a "moderate" zone
		will seek to "gouge" their customers by charging the highest possible prices

3. Check each of the following that characterizes oligopolies.

		ownership of raw materials by one firm
		government restrictions may exist on the number of producers
		advertising is not important
		economies of scale restrict the number of producers
		unique products
		ownership of raw materials by a few firms

4. Check all of the following that determine the elasticity of demand for monopolistic producers.

		the incomes of consumers
		demand for the unique products sold by monopolies
		the number of competing firms selling similar products
		customer perception of the similarity or uniqueness for the product or service.

5. Check each of the following that may lead to unfair competition within monopoly.

		dumping
		economies of being established
		reciprocation agreements
		ownership of essential resources

In java

Implement the class Book. It has the following instance variables: name, subject, year, maximumLoanPeriod, and loanPeoriod. The following methods should be included:
• Constructor(s), Accessors and Mutators as needed.
• public double computeFine() => calculates the fine due on this item
The fine is calculated as follows:
• If the loanPeriod <= maximumLoanPeriod, there is no fine on the book.
• If loanPeriod > maximumLoanPeriod
o If the subject of the book is "CS" the fine is 10.00 per day.
o If the subject of the book is any other subject area, the fine is SR 5.00
per day.
o If the year of the book is < 2015, there is a 20% reduction in the fine. o If the year of the book is > 2015, the fine is increased by 20%
• toString() method that show description of the object.
Read the information of the attached file books.txt. The first line is the number of books and followed be a book on each line. The book details is separated by “-” Save the file content into array then Print the following.
• the number of books whose subject area is "CS".
• the total fine on all books
• the book with the highest fine.
• the total number of books with no fine.

Notes:
- Use the given books.txt.

——-——————————-

the text is

4

Introduction to Programming - CS - 2016 - 5 - 10

Introduction to Databases - CS - 2012 - 6 - 3

Thermodynamics - Physics - 1999 - 10 - 15

Linear Algebra - Math - 2015 - 12 - 10

Textbook: Starting out with Python (3rd or 4the Edition)

Question: Programming Exercise # 9 - Trivia Question

In this programming exercise, you will create a simple trivia game for two players. The program
will work like this:

Starting with player 1, each player gets a turn at answering 5 trivia questions. (There
should be a total of 10 questions.) When a question is displayed, 4 possible answers are
also displayed. Only one of the answers is correct, and if the player selects the correct
answer, he or she earns a point.

After answers have been selected for all the questions, the program displays the number of
points earned by each player and declares the player with the highest number of points the
winner.

To create this program, write a Question class to hold the data for a trivia question. The
Question class should have attributes for the following data:
A trivia question
Possible answer 1
Possible answer 2
Possible answer 3
Possible answer 4
The number of the correct answer (1, 2, 3, or 4)
The Question class also should have an appropriate _ _init_ _ method, accessors, and mutators.

The program should have a list or a dictionary containing 10 Question objects, one for each
trivia question. Make up your own trivia questions on the subject or subjects of your choice for
the objects.