A $2000 bond is redeemable at 105 in 6 years. It pays semi-annual coupons at j₂= 10% and is bought to also yield j₂= 10%. This bond sells at 


Select one:

a. a discount of $55.68

b. a premium of $55.68

c. a discount of $44.32

d. a premium of $44.32

The difference between IFRS and GAAP are well documented and in the 2000's and early 2010's several convergence projects were undertakem by IASB and FASB in the effort to align the two. One of the projects relate to revenue recongnition and specifically that of construction contracts. You are to critically reflect on the cponvergence projects taking into account the following:

(a) the differences in revenue recognition (of construction contracts) between IFRS and GAAP?

(b) Why it is importatant to consider the differences in IFRS and GAAP in general?

(c) Potential for lobbying to take place in final outcome of convergence projects.

The SIA Capstone Paper must be a minimum of 2000 words in length which includes references. There is no maximum length. The paper "Engineering Ethics and Its Impact on Society" found on the Course Home Page is a good example of the writing style and citation format expected in your Capstone Paper.

THE SIA Capstone PaperTopic

Ethics of Cloning

Please address the question below and prepare a 2000 word response in traditional essay format. A good practice is one to include one reference every 100 words. Please remember that references are not included in word count and that a wide range of resources should be used for your assessment. A general rule of thumb for a 2000 word piece would be a minimum of six resources.

‘Prompted by the recession in Europe to search for promising wealthy new markets, the German Luxury Goods Exhibition in Dubai attracted top German designer names supplying perfumes, silverware, crystal and jewellery. The response to the exhibition was extremely positive.’ (Gulf News, 3 November 2016)

1) Explain the Terms (i) Income elasticity of demand (ii) cross-elasticity of demand.

2) How can these terms be applied to the market for German luxury goods, and (given that Dubai is a rich Middle Eastern Estate) How might they be used to explain the success of the exhibition?

3) What are economies of scale and why are such economies available only in the long run?

4) Since economies of scale exist, why do long-run marginal costs increase, ultimately, as output increases?

You are currently holding a portfolio that consists of (a) $2000 cash and (b) one 10-year zero coupon bond with a face value of $1000 and 12% yield to maturity. The Macaulay duration of the portfolio is

A. 1.3866

B. 2.4356

C. 2.7826

D. 3.9171

E. none of the above

please show all working and include equations thanks

Write a MapReduce program in hadoop to find the words that occurs more than 2000 times in book.txt file. To count the occurrences of the words and filter the Filterwords in book.txt, convert all words into lower case. Also filter the digits (0-9) and punctuation. The class made to filter the word are below. Filterwords.isOneOfThem(String in) returns true if in is a Filterword.

class Filterwords {

public static String [] myFilterWordsArray = { "a", "an", "the", "am", "are", "is","at"};

    public static Set myFilterWords = new HashSet(Arrays.asList(myFilterWordsArray));

    public static boolean isOneOfThem(String in) {
       return myFilterWords.contains(in);
    }

}

A survey is conducted using 2000 registered voters who are asked to choose between candidate A and candidate B. Let p denote the fraction of voters in the population who prefer candidate A and let ˆp denote the fraction of voters who prefer Candidate B.

i You are interested in performing the following hypothesis test H0 : p = 0.4 (1) H1 : p 6= 0.4

(2) Determine the size of the test and compute the power of the test if the true value is p = 0.45

ii Assuming that in the survey ˆp = 0.44. Test H0 : p = 0 − 4 vs H1 : p 6= 0.4 using a 10% significance level

iii Assuming that in the survey ˆp = 0.44. Test H0 : p = 0 − 4 vs H1 : p < 0.4 using a 10% significance level

iv Construct a 90% confidence interval for p

iv Construct a 95% confidence interval for p iv Construct a 99% confidence interval for p

QUESTION 31

On January 1, 2000 the price of gold was $282 per ounce. On January 1, 2013 the price was $1,890. What is the compound rate of growth in the price of gold over this period?

21.10%

19.17%

17.18%

none of the above

QUESTION 32

What is the monthly discount factor (or present value factor) at 3% for 30 years?

11.26%

19.60%

20.30%

21.33%

None of the above

Please solve both questions showing a step by step solution with formulas.