Jiminy’s Cricket Farm issued a 30-year, 6 percent semiannual coupon bond 4 years ago. The bond currently sells for 105 percent of its face value. The company’s tax rate is 23 percent. The book value of the debt issue is $60 million. In addition, the company has a second debt issue, a zero coupon bond with 8 years left to maturity; the book value of this issue is $35 million, and the bonds sell for 67 percent of par.
A. What is the company’s total book value of debt?
B. What is the company’s total market value of debt?
C. What is the aftertax cost of debt?
In: Finance
Jiminy’s Cricket Farm issued a 20-year, 5 percent semiannual coupon bond 2 years ago. The bond currently sells for 96 percent of its face value. The company’s tax rate is 21 percent. The book value of the debt issue is $55 million. In addition, the company has a second debt issue, a zero coupon bond with 8 years left to maturity; the book value of this issue is $30 million, and the bonds sell for 67 percent of par.
What is the company’s total book value of debt?
What is the company’s total market value of debt?
What is the aftertax cost of debt?
In: Finance
Please don't use Excel! I'm looking to learn how to do it with the formulas.
In: Finance
Subject Vocal Instrumental
1 18 13
2 13 9
3 22 17
4 9 13
5 10 10
6 18 14
7 16 21
8 18 11
9 8 5
10 19 13
11 22 16
12 16 11
13 25 19
14 20 15
15 9 7
Independent variable/s:
Levels of independent variable/s:
Dependent variable/s:
Test to use:
Does the type of background music affect the number of trials needed to learn a list of words?
Value of YOUR test statistic (from your print-out):
p-value from test:
Show all steps with answers so I can understand! Thanks
In: Statistics and Probability
A=[ 7 8 -2 -6 7 4 1 ; 2 4 -4 -13 9 9 -12 ; 6 6 0 -9 8 9 -4 ; 1 8 -14 -22 5 8 -1 ; 4 9 -10 -14 7 4 -1]
B=[ 19 4 4 14 -3 -7 -5 ; 21 -6 -5 10 14 -2 4 ; 22 -4 5 13 5 -6 4 ; 41 20 0 26 11 -1 -27 ; 29 14 -2 20 3 -4 -19]
Remark: You may only use rref , or commands that are covered in our MATLAB guides, and no other special MATLAB functions for this problem.
(a) (3 points) Find a basis for Col(A) and determine its dimension.
(b) (5 points) Find a basis for Nul(A) and determine its dimension.
(c) (3 points) Find a basis for Row(A) and determine its dimension.
(d) (5 points) Find a basis for the left nullspace of A and determine its dimension.
(e) (2 points) Find a basis for Col(B) and determine its dimension.
(f) (6 points) Determine whether Col(A) = Col(B), i.e. determine whether the two given subspaces of R 5 are the same or not. If not, find a vector v
that belongs in one of the subspaces and not the other.
(g) (6 points) Determine whether Nul(A) = Nul(B). If not, find a vector v that belongs in one of the subspaces and not the other.
In: Advanced Math
Determine the labor costs required to manufacture the 100th item if the first item requires 50 days to produce and the learning curve is 82%. The manufacturing process requires two 9-hour shifts working each day, with 8 employees per shift. The employees are paid $17.50 per hour.
In: Economics
---Find the 98% confidence interval for the difference between two means based on this information about two samples. Assume independent samples from normal populations. (Use conservative degrees of freedom.) (Give your answers correct to two decimal places.)
| Sample | Number | Mean | Std. Dev. |
| 1 | 18 | 40 | 30 |
| 2 | 17 | 28 | 25 |
| Lower Limit | |
| Upper Limit |
---Find the value of t for the difference between two means based on an assumption of normality and this information about two samples. (Use sample 1 - sample 2. Give your answer correct to two decimal places.)
| Sample | Number | Mean | Std. Dev. |
| 1 | 28 | 37.2 | 15 |
| 2 | 23 | 42.3 | 10.9 |
---If a random sample of 20 homes south of a town has a mean selling price of $145,375 and a standard deviation of $4825, and a random sample of 23 homes north of a town has a mean selling price of $148,550 and a standard deviation of $5925, can you conclude that there is a significant difference between the selling price of homes in these two areas of the town at the 0.05 level? Assume normality.
(a) Find t. (Round your answer to two decimal
places.)
(ii) Find the p-value. (Round your answer to four decimal
places.)
---Twenty laboratory mice were randomly divided into two groups of 10. Each group was fed according to a prescribed diet. At the end of 3 weeks, the weight gained by each animal was recorded. Do the data in the following table justify the conclusion that the mean weight gained on diet B was greater than the mean weight gained on diet A, at the α = 0.05 level of significance? Assume normality. (Use Diet B - Diet A.)
| Diet A | 14 | 5 | 7 | 12 | 12 | 10 | 8 | 6 | 9 | 10 |
| Diet B | 20 | 23 | 15 | 22 | 13 | 19 | 17 | 19 | 23 | 8 |
(a) Find t. (Give your answer correct to two decimal
places.)
(ii) Find the p-value. (Give your answer correct to four
decimal places.)
In: Statistics and Probability
Book: Operations and Supply Chain Management Jacobs & Chase 14e
A manager is trying to decide whether to buy one machine or two. If only one is purchased and demand proves to be excessive, the second machine -can be purchased later. Some sales will be lost, however, because the lead time for producing this type of machine is 6 months. In addition, the cost per machine will be lower if both are purchased at the same time. The probability of low demand is estimated to be 0.20. The after-tax net present value of the benefits from purchasing the two machines together is $90,000 if demand is low and $180,000 if demand is high.
If one machine is purchased and demand is low, the net present value is $120,000. If demand is high, the manager has three options. Doing nothing has a net present value of $120,000; subcontracting, $160,000; and buying the second machine, $140,000.
In: Operations Management
C++ requirements
All values must be read in as type double and all calculations need to be done using type double.
For part 2 you MUST have at least 4 functions, including main. The main function will be the driver of the program. It needs to either do the processing or delegate the work to other functions.
Failure to follow the C++ requirements could reduce the points received from passing the tests.
General overview
This program will convert a set of temperatures from Fahrenheit to Celsius.
Your program will be reading in three double values. The first values are starting and ending temperatures. The third value is the increment value. There is no prompt for the input. There is an error message that can be displayed. This is discussed later.
You need to display output for all of the values between the starting and ending values. First two values are temperatures in Fahrenheit. You need to display all of the values from the first temperature to the last temperature. You increment from one temperature to the next by the increment value (the third value you read in). You need to convert these temperatures to Celsius. You need to output the temperatures as both Fahrenheit and Celsius. The numbers should be 15 characters wide with 3 digits of precision and need to be in fixed format. Do not use tab characters (\t) to output the values.
For part 2 you MUST have at least 4 functions, including main. The main function will be the driver of the program. It needs to either do the processing or delegate the work to other functions.
Obviously the main function will have the same function that you have been using for all of your labs. In addition to need to have a function with the following signature:
double convert(double fahrenheit)
Other functions that you may want to have are:
A function to read in the values
A display function
A display heading function
The headings are also required (see the sample output below).
The conversion from Fahrenheit to Celsius is:
celsius = (fahrenheit - 32) / 1.8
Here is a sample run with valid input:
-30 100 20
The output would be:
Fahrenheit Celsius
-30.000 -34.444
-10.000 -23.333
10.000 -12.222
30.000 -1.111
50.000 10.000
70.000 21.111
90.000 32.222
For data validation you need to make sure the first number read in is less than or equal to the second number. The third number read in must be greater than 0. If this is not the case you need to output the following message and read in three new values:
Starting temperature must be <= ending temperature and increment must be > 0.0
The above message is all one line of output.
You need to keep reading in values and outputting messages until the values are all valid.
Using the following input :
40 30 5 30 40 -5 30 40 5
We get the output:
Starting temperature must be <= ending temperature and increment must be > 0.0
Starting temperature must be <= ending temperature and increment must be > 0.0
Fahrenheit Celsius
30.000 -1.111
35.000 1.667
40.000 4.444
Depending on the value for the increment the ending temperature may not be reached. You need to display the temperatures where the value of the Fahrenheit temperature is less than or equal to the ending temperature.
Consider this input:
100.5 110.4 5
The valid output will be:
Fahrenheit Celsius
100.500 38.056
105.500 40.833
The last Fahrenheit temperature output is 105.5. The next one would have been 110.5, but this is more than the ending temperature of 100.4. This is not an error condition. The output would be as above.
Think about what other tests cases are needed? Do we cover all possible input problems or valid types of input values?
Expected output
There are eight tests. Each test will have a new set of input data. You must match, exactly, the expected output.
You will get yellow highlighted text when you run the tests if your output is not what is expected. This can be because you are not getting the correct result. It could also be because your formatting does not match what is required. The checking that zyBooks does is very exacting and you must match it exactly. More information about what the yellow highlighting means can be found in course "How to use zyBooks" - especially section "1.4 zyLab basics".
Finally, do not include a system("pause"); statement in your program. This will cause your verification steps to fail.
In: Computer Science
C++ requirements
All values must be read in as type double and all calculations need to be done using type double.
For part 2 you MUST have at least 4 functions, including main. The main function will be the driver of the program. It needs to either do the processing or delegate the work to other functions.
Failure to follow the C++ requirements could reduce the points received from passing the tests.
General overview
This program will convert a set of temperatures from Fahrenheit to Celsius.
Your program will be reading in three double values. The first values are starting and ending temperatures. The third value is the increment value. There is no prompt for the input. There is an error message that can be displayed. This is discussed later.
You need to display output for all of the values between the starting and ending values. First two values are temperatures in Fahrenheit. You need to display all of the values from the first temperature to the last temperature. You increment from one temperature to the next by the increment value (the third value you read in). You need to convert these temperatures to Celsius. You need to output the temperatures as both Fahrenheit and Celsius. The numbers should be 15 characters wide with 3 digits of precision and need to be in fixed format. Do not use tab characters (\t) to output the values.
For part 2 you MUST have at least 4 functions, including main. The main function will be the driver of the program. It needs to either do the processing or delegate the work to other functions.
Obviously the main function will have the same function that you have been using for all of your labs. In addition to need to have a function with the following signature:
double convert(double fahrenheit)
Other functions that you may want to have are:
A function to read in the values
A display function
A display heading function
The headings are also required (see the sample output below).
The conversion from Fahrenheit to Celsius is:
celsius = (fahrenheit - 32) / 1.8
Here is a sample run with valid input:
-30 100 20
The output would be:
Fahrenheit Celsius
-30.000 -34.444
-10.000 -23.333
10.000 -12.222
30.000 -1.111
50.000 10.000
70.000 21.111
90.000 32.222
For data validation you need to make sure the first number read in is less than or equal to the second number. The third number read in must be greater than 0. If this is not the case you need to output the following message and read in three new values:
Starting temperature must be <= ending temperature and increment must be > 0.0
The above message is all one line of output.
You need to keep reading in values and outputting messages until the values are all valid.
Using the following input :
40 30 5 30 40 -5 30 40 5
We get the output:
Starting temperature must be <= ending temperature and increment must be > 0.0
Starting temperature must be <= ending temperature and increment must be > 0.0
Fahrenheit Celsius
30.000 -1.111
35.000 1.667
40.000 4.444
Depending on the value for the increment the ending temperature may not be reached. You need to display the temperatures where the value of the Fahrenheit temperature is less than or equal to the ending temperature.
Consider this input:
100.5 110.4 5
The valid output will be:
Fahrenheit Celsius
100.500 38.056
105.500 40.833
The last Fahrenheit temperature output is 105.5. The next one would have been 110.5, but this is more than the ending temperature of 100.4. This is not an error condition. The output would be as above.
Think about what other tests cases are needed? Do we cover all possible input problems or valid types of input values?
Expected output
There are eight tests. Each test will have a new set of input data. You must match, exactly, the expected output.
You will get yellow highlighted text when you run the tests if your output is not what is expected. This can be because you are not getting the correct result. It could also be because your formatting does not match what is required. The checking that zyBooks does is very exacting and you must match it exactly. More information about what the yellow highlighting means can be found in course "How to use zyBooks" - especially section "1.4 zyLab basics".
Finally, do not include a system("pause"); statement in your program. This will cause your verification steps to fail.
In: Computer Science