Questions
A US firm has Euro receivables of E100,000,000 from Germany in six months. It decides to...

A US firm has Euro receivables of E100,000,000 from Germany in six months. It decides to use options to hedge the receivables. Put options with exercise price $1.65 and premium $0.04 are available.

Suppose the firm fully hedges it’s receivables (that is a fall in the value of euro below the strike price will not reduce the net cash flow to the firm).

The spot rate in six months is E1 for $1.40. What will be the net amount the firm will receive from the put options (put payoff minus premium)?

In: Finance

You are a US firm and expect to receive 10,000,000 Malaysian Ringitt (MR) from a customer...

You are a US firm and expect to receive 10,000,000 Malaysian Ringitt (MR) from a customer for sure after six months. How would you achieve a complete hedge if you had the following: Spot rate $0.22/MR, six month US$ risk-free rate = 2.5 percent and six month MR risk-free rate is 3.5 percent. Describe the transactions in detail. 2 Suppose the payment in MR from your customer is not certain, and, in addition to the spot and risk-free rates mentioned above, you also have an options market in which MR calls trade. How would you construct the appropriate hedge in this case? Describe the transactions in detail.

In: Finance

This HW from my English class but not Psychology. The Prof wants us to give 10...

This HW from my English class but not Psychology. The Prof wants us to give 10 example of extraordinary situations, but I do not understand what is extraordinary situation means. Please explain it and come up with 10 of the extraordinary situations. Thanks.

In: Psychology

Assume that Netflix can charge European users a different price from US users, but that the...

Assume that Netflix can charge European users a different price from US users, but that the costs of providing programming to each user increases as the total number of users increases. Specifically, the U.S. has demand:

??? = 22 − (3/2) ???

And Europe has demand:

?? = 12 − ??

And Netflix’s cost function is: ? = 30 + 5(??? + ?? ) + (1/2) (??? + ??) 2

Resulting in marginal cost: ?? = 5 + (??? + ??) Identify the optimal price(s), quantities of customers, and resulting profits for this third-degree price discriminating firm.

In: Economics

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Research the Ahlstrom corporation. What is...

.

NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE

Research the Ahlstrom corporation. What is Ahlstrom’s strategy in the transmission of culture? Do you think Ahlstrom would have as clear a strategy and follow it so closely if the firm were in a commodity area? Do you think that Ahlstrom is encouraged to pursue its strategy so closely because it is in a small country like Finland? Go beyond Ahlstrom: Why would a firm that has a well-defined strategy perform better than a firm without one?

ANSWER THROUGHLY 1 page *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS

COPY AND PASTE Answer in paragraphs, and no picture attachment please.

NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

PLEASE ANSWER THROUGHLY ALL ANSWERS

ANSWER THROUGHLY 1 page *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS

COPY AND PASTE Answer in paragraphs, and no picture attachment please.

NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

PLEASE ANSWER THROUGHLY ALL ANSWERS

In: Operations Management

below is a data set from citizens of two different countries. These citizens were asked to...

below is a data set from citizens of two different countries. These citizens were asked to rate the NHL (National Hockey League) from 1 to 10. Calculate the summary statistics to answer a - d.

a. Which group seems to give more positive ratings? Calculate and report the summary statistics that''ll help you answer this question.  

b. How much do citizens from the US vary in their ratings of the NHL? Calculate and report the summary statistics that would help you answer this question.

c.  How much do citizens from Canada vary in their ratings of the NHL? Calculate and report the summary statistics that would help you answer this question.

D. How do citizens from both the US and Canada compare in terms of dispersion of their ratings of the NHL?

US   n=8 Variance = 2.5 Standard Dev = 1.58 Canada n=7 Variance=5.55 Standard Dev = 2.36

10   8

9 7

9 4

9 4

8 3

8 2

6 1

5

In: Statistics and Probability

In 1885 Woodrow Wilson, having not yet completed his doctoral program at Johns Hopkins University, began...

In 1885 Woodrow Wilson, having not yet completed his doctoral program at Johns Hopkins University, began his teaching career at the newly founded Bryn Mawr College for Women. While reportedly a lecturer of genius, he resented having to teach women. As he told an associate, such an activity “relaxes one’s mental muscle.” In 1887 he summed up his life by saying, “Thirty-one years old and nothing done!” In retrospect, Wilson seems to have been like many other ambitious academics seemingly stuck in a post that did not do justice to talent. And he chose as the way out the now traditional road to high academic fame, fortune, and position: he wrote and published and was saved! American public administration as a field of study traditionally traces its origin to an 1887 Political Science Quarterly article by this frustrated young academic. In “The Study of Administration,” Wilson attempted nothing less than to refocus the newly emerging field of political science. Rather than be concerned with the “lasting maxims of political wisdom,” he argued that political science should concentrate on the more generally neglected details of how governments are administered. This was necessary because “it is getting harder to run a constitution than to frame one.” Wilson wanted the study of public administration to focus not only on the problems of personnel management, as many other reformers of the time had advocated, but also on organization and management in general. The reform movement of the time had an agenda that did not go beyond the abolition of the spoils system and the installation of a merit system. Wilson regarded civil service reform “as but a prelude to a fuller administrative reform.” He sought to push the concerns of public administration into investigations of the “organization and methods of our government offices” with a view toward determining “first, what government can properly and successfully do, and secondly, how it can do these proper things with the utmost possible efficiency and at the least possible cost either of money or energy” (Wilson, 1887 in Classics of Public Administration, 2012, p. 16). He was concerned with overall organizational efficiency and economy—that is, productivity in its most simplistic formulation. What could be more current—then or now? In his essay, Wilson also proclaimed the existence of a major distinction between politics and administration. This was a common and necessary political tactic of the reform movement because arguments that public appointments should be based on fitness and merit, rather than partisanship, necessarily had to assert that “politics” was out of place in public service. As Wilson said, “Although politics sets the tasks for administration, it should not be suffered to manipulate its offices.” In reinforcing what became known as the “politics–administration dichotomy,” Wilson was really referring to “partisan” politics. While this subtlety was lost on many, Wilson’s main themes—that public administration should be premised on a science of management and separate from traditional politics—fell on fertile intellectual ground. The ideas of this then obscure professor eventually became the dogma of academic public administration. And what happened to the young Bryn Mawr professor who plaintively wrote in 1888, “I have for a long time been hungry for a class of men”? Shortly thereafter, he took up an appointment at Wesleyan University in Connecticut. From there he went to Princeton, made good, and became president of that university. In later life he found a job in Washington. But if Wilson had not found that job in Washington, had not become president, his now seminal article would have continued to enjoy the obscurity its verbosity warrants. The article’s significant influence came only after World War II—more than half a century after it was published. Administrative historian Paul van Riper found that none of the early public administration scholars, Wilson’s contemporaries, cited the article in their otherwise heavily referenced works. “In reality, any connection between Wilson’s essay and the later development of the discipline is pure fantasy! An examination of major political and social science works of the period between 1890 and World War I shows no citation whatever of the essay” (Van Riper, 1983, p. 477). So how did it get rediscovered and become required reading for generations of students? According to a historical analysis by Daniel W. Martin, “The simple answer . . . is the glowing reprint of Wilson’s article in the December 1941 Political Science Quarterly. It was a masterwork of public relations, complete with a photostatic copy of Wilson’s tentative letter of submission” (Martin, 1988). Thereafter, Wilson’s essay, cited only modestly in the interwar period, grew to its current influence.

Read the short case study above and answer the questions below.

1) Briefly describe Woodrow Wilson’s early career and how it influenced his theories on public administration.

2) Then explain Woodrow Wilson’s views on the definition and scope of activities of public administration. How did he see public administration best utilizing tools, techniques, and theories from business administration?

3) Evaluate Woodrow Wilson’s major contributions to the field of public administration. To what extent were concepts like the “politics administration dichotomy” and “efficiency and economy” in administration significant at the time? To what extent are they still relevant today?

In: Operations Management

The grade appeal process at a university requires that a jury be structured by selecting eight...

The grade appeal process at a university requires that a jury be structured by selecting

eight

individuals randomly from a pool of

eight

students and

twelve

faculty.​ (a) What is the probability of selecting a jury of all​ students? (b) What is the probability of selecting a jury of all​ faculty? (c) What is the probability of selecting a jury of

four

students and

four

​faculty?

In: Statistics and Probability

The grade appeal process at a university requires that a jury be structured by selecting six...

The grade appeal process at a university requires that a jury be structured by selecting six individuals randomly from a pool of eight students and thirteen faculty.​ (a) What is the probability of selecting a jury of all​ students? (b) What is the probability of selecting a jury of all​ faculty? (c) What is the probability of selecting a jury of three students and three ​faculty?

In: Statistics and Probability

GRADE =B1 + B2SKIP + Ɛ Using the equation above make an equation from the description...

GRADE =B1 + B2SKIP + Ɛ

Using the equation above make an equation from the description beIow

“TaIIer people tend to be heavier” Iet the words “taIIer” and “heavier” be represented by the variabIe “height” and “weight”, respectiveIy. Suppose, we come up with an econometrics modeI to study a dataset of these variabIes for the demographic segment of a university faculty members.

In: Statistics and Probability