Consider a bond with a $1000 face value, with a 20 year maturity and a coupon rate of 8% which pays coupons with a semi-annual frequency. The 4th coupon payment will be received in 1 second. Calculate the value of the bond if the YTM is 4%, 6%, 8%, and 10% (APR with semi-annual compounding). Explain why there is a negative relation between bond price and YTM.
In: Finance
In a survey of 2015 adults in a recent year, 1337 say they have made a New Year's resolution.
Construct 90% and 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals.
In: Statistics and Probability
The E.N.D. partnership has the following capital balances as of the end of the current year:
| Pineda | $ | 210,000 |
| Adams | 190,000 | |
| Fergie | 180,000 | |
| Gomez | 170,000 | |
| Total capital | $ | 750,000 |
|
|
||
Answer each of the following independent questions:
Assume that the partners share profits and losses 3:3:2:2, respectively. Fergie retires and is paid $211,000 based on the terms of the original partnership agreement. If the goodwill method is used, what is the capital balance of the remaining three partners?
Assume that the partners share profits and losses 4:3:2:1, respectively. Pineda retires and is paid $335,000 based on the terms of the original partnership agreement. If the bonus method is used, what is the capital balance of the remaining three partners
In: Accounting
⦁ The present value of $1,000 received at the end of year 1, $1,200 received at the end of year 2, and $1,300 received at the end of year 3, assuming an opportunity cost of 7 percent, is
In: Finance
The price today of a European put option that matures in one year and has a strike price of $70 is $7. The underlying stock price today is $71. A dividend of $1.50 is expected in four months and another dividend of $1.50 is expected in eight months. The continuously compounded risk free rate of interest is 4% per annum for all maturities. Using put-call parity:
a) ComputethepricetodayofaEuropeancalloptionwhichmaturesinoneyearandhasa strike price of $70.
b) Compute the price difference today between a put and a call on the stock, when both options mature in one year, are European, and have a strike price of $75.
In: Finance
The price today of a European put option that matures in one year and has a strike price of $70 is $7. The underlying stock price today is $71. A dividend of $1.50 is expected in four months and another dividend of $1.50 is expected in eight months. The continuously compounded risk free rate of interest is 4% per annum for all maturities. Using put-call parity: a) Compute the price today of a European call option which matures in one year and has a strike price of $70. b) Compute the price difference today between a put and a call on the stock, when both options mature in one year, are European, and have a strike price of $75.
In: Finance
According to a research institution, the average hotel price in a certain year was
$107.64
.
Assume the population standard deviation is
$20.00
and that a random sample of
46
hotels was selected. Complete parts a through d below.
a. Calculate the standard error of the mean.
sigma Subscript x overbar
equals$nothing
(Round to two decimal places as needed.)
b. What is the probability that the sample mean will be less than
$109
?
Upper P left parenthesis x overbar less than $ 109 right parenthesis
equalsnothing
(Round to four decimal places as needed.)
c. What is the probability that the sample mean will be more than
$113
?
Upper P left parenthesis x overbar greater than $ 113 right parenthesis
equalsnothing
(Round to four decimal places as needed.)
d. What is the probability that the sample mean will be between
$106
and
$108
?
Upper P left parenthesis $ 106 less than or equals x overbar less than or equals $ 108 right parenthesis
equalsnothing
(Round to four decimal places as needed.)
In: Statistics and Probability
In view of the sluggish sales in the year 2019, Panasonic continued to search for new business opportunities by securing new agency with growth potential.
b) If you hired as the organisation consultant, suggest a way to improve their current supply chain to suit in the Malaysia market (40 Marks)
Would really appreciate if you do not copy paste your answers from other sources and do use your own words and answer according to the marks requirement.
In: Economics
In view of the sluggish sales in the year 2019, Panasonic continued to search for new business opportunities by securing new agency with growth potential.
a) Used the SWOT analysis work on its supply chain management
Would really appreciate if you do not copy paste your answers from other sources and do use your own words and answer according to the marks requirement.
In: Economics
Below provides a summary of US current account in the year 2006 (in billions of $)
|
(1) U.S. exports of merchandise |
+1019 |
|
+(2) U.S. exports of services |
+411 |
|
+(3) U.S. income receipts |
+626 |
|
=(4) Total U.S. exports and income receipts |
=$2,056 |
|
(5) U.S. imports of merchandise |
-1,836 |
|
+(6) U.S. imports of services |
-341 |
|
+(7) U.S. income payments |
-616 |
|
=(8) Total U.S. imports and income payments |
= $2,793 |
|
(9) Net transfers by the U.S. |
-54 |
|
(10) Current account balance (4) – ( 8) – (9) |
-791 |
a) Should the US be concerned about its current account balance? Why or why not? What are the possible reasons for this observation?
b) Will U.S. tariffs help reduce a U.S. balance-of-trade deficit?
In: Finance