For the following three stocks Wells Fargo, Bank of America, and Citi. THe benchmark is DJUSFN ( Dow Jones U.S. Financials Index)

1a. Calculate the holding period return for each stock from the viewpoint of an investor who purchased them at the closing price on Monday 3/16/20 and held them until the closing of the market on Wednesday 4/15/2020. If you need to review this calculation, refer to the Week 1 notes. If you had initially invested $10,000 in each of the three stocks, how much would your portfolio be worth at the end of your holding period? 1b. Repeat the calculations in 1a. for your benchmark. (Holding period return and ending value of a $10,000 initial investment.) 2. Discuss reasons for the differences in results for 1a. and 1b. In retrospect, was your benchmark a reasonable one? Why or why not?

The percent of fat calories that a person in America consumes each day is normally distributed with a mean of about 36 and a standard deviation of about ten. Suppose that 16 individuals are randomly chosen.

(a) For the group of 16, find the probability that the average percent of fat calories consumed is more than thirty-five (Round to 3 decimal places)

(b) Find the first quartile for the percent of fat calories.

(c) Find the first quartile for the average percent of fat calories.

The National Basketball League is a professional sports league in North America. Each team in the league must participate the revenue sharing system. For the purposes of the revenue sharing plan, there are no limits to the amount each team may contribute to the plan. Each team is subject to a receipt limits based their designated market area (DMA). For teams with a DMA between 1.5-2.249 households, the final receipt limit is set at 75% of the initial receipt; for a DMA of 2.5-3.249M, the final receipt limit is set at 25% of the initial receipt; for DMAs over 3.25M, the final receipt limit is set at 0%.

If a team rents their arena, items such as fixed signage, temporary signage, and leased luxury suites are included in the plan at 100%. If the team controls their arena with no cotenants, the team must include these items at 70%. For a team that has another professional team as a cotenant, the respective inclusion percentage is 40%. If luxury suites are sold on an individual event-basis, the revenue that is generated from NBL-games is included in the revenue sharing plan at 100% (revenue generated from suite sales to other events are not subject to revenue sharing). Post-season revenues and expenses are excluded from the revenue sharing calculation. Player salary and other expenses are taken at the league average, which were $86M and $7.2M respectively for the 2017-18 year.

Each team in the league plays 82 regular season games a year, half of which are home. The league’s national television deal provides each team with $30M annually in revenue with $500k in associated expenses. Additional league managed items such a licensing provided the teams with $17M in revenue and $3M in expenses. Each team also received a $900k post-season distribution from the league.

If there is no inclusion percentage specified, items are included in the revenue sharing plan at 100%.

Team A

Team A is an arena controller with an NHL cotenant. The team has 3.0M households in their DMA. The team has a related party media deal worth $35M annually which took effect for the 2017-18 season. The fair market value for the media rights has been valued at $40M for the 2017-18 season. The average gate attendance per game was 15,100 people. The team had one of the highest average ticket prices in the league at $103 and a novelties and concession per cap of $7.25. The team’s associated gate expenses were $1.65M and concessions expenses totalled $1.25M. The team also leases 20 suites for a total of $6M per year. Since the team had 5 suites that did not have a lease holder in the 2017-18 season, they were able to sell these unleased suites on a single event basis. Throughout the 2017-18 season, the team generated $1.6M from selling the unleased suites, where $0.9M came from suite sales to NBL games. Fixed signage inventory generated $4M with an 85% margin, while temp signage revenue was $3M with a 90% margin. The team’s main expenses were player salaries ($85M), basketball operations ($15M), G&A ($10M), and other expenses ($2.4M). The team has been in a rebuilding phase and has not qualified for the playoffs the past three seasons.

Team B

Team B is an arena renter. The team has 1.85M households in their DMA. The team signed a local cable deal worth $25M annually. The deal, which took effect for the 2015-16 season, stipulated that the $25M fee was based on the television network broadcasting 60 games. However, the team did not fulfil its obligations as the network only had access to 58 games for 2017-18 so the team’s revenue was adjusted proportionally.

The average gate attendance per game was 13,400 people. The team’s average ticket price in the league was $90 and a novelties and concession per cap of $6.25. The team must pay their concessionaire $2.95 per transaction. The team also leases 22 suites for a total of $6.65M per year. Fixed signage inventory generated $3M with a 75% margin, while temp signage revenue was $4M with a 90% margin. The team has been successful the past few seasons, making it to the second round of playoffs in 2017-18, earning net revenues of $8.6M. The team’s largest expenses were player salaries ($93M), basketball operations ($32M), G&A ($4M), and other expenses ($3.2M). The team also had expenses tied to gate receipts where they had a 90% margin.

Assignment

Based on the information above, first create a P&L for each team for the 2017-18 season. Then apply the revenue sharing plan criteria noted above to determine the P&L amounts subject to revenue sharing.

1.The heights of adult men in America are normally distributed, with a mean of 69.3 inches and a standard deviation of 2.63 inches. The heights of adult women in America are also normally distributed, but with a mean of 64.2 inches and a standard deviation of 2.54 inches.

a) If a man is 6 feet 3 inches tall, what is his z-score (to two decimal places)?

z =

b) What percentage of men are SHORTER than 6 feet 3 inches? Round to nearest tenth of a percent.

%

c) If a woman is 5 feet 11 inches tall, what is her z-score (to two decimal places)?

z =

d) What percentage of women are TALLER than 5 feet 11 inches? Round to nearest tenth of a percent.

%

2.A population of values has a normal distribution with μ=32.1μ=32.1 and σ=61.9σ=61.9. You intend to draw a random sample of size n=48n=48.

What is the mean of the distribution of sample means?
μ¯x=μx¯=

What is the standard deviation of the distribution of sample means?
(Report answer accurate to 2 decimal places.)
σ¯x=σx¯=

3. A population of values has a normal distribution with μ=114.5μ=114.5 and σ=47σ=47. You intend to draw a random sample of size n=147n=147.

What is the mean of the distribution of sample means?
μ¯x=μx¯=

4. What is the standard deviation of the distribution of sample means (i.e. the standard error)?
(Report answer accurate to 2 decimal places.)
σ¯x=σx¯=

5. SAT scores are distributed with a mean of 1,500 and a standard deviation of 300. You are interested in estimating the average SAT score of first year students at your college. If you would like to limit the margin of error of your 95% confidence interval to 25 points, how many students should you sample?

Instructions

1.    In America, both boys and girls are encouraged to have careers outside of the home. In contrast, there are other countries in which girls are not only discouraged from working outside the home but also not permitted to have an education. Could such cultural differences contribute to cross-cultural sex differences in cognition?

2.    Many studies that assess cross-cultural cognitive differences rely upon meta analyses. Why do you think this is?

3.    Do different cultures value certain cognitive functions or skills more or less than other cultures? I would imagine that indigenous cultures, for example, value spatial skills more than western cultures.

4.    In Chapter 11, you learned about cognitive illusions and how they affect decision making. Do you think all cultures are affected equally by cognitive illusions? Why?

5.    We tend to think of cultures as independent entities with different values, customs, and beliefs. Can you think of any two cultures that actually have many commonalities? With so many similarities, how can these cultures be considered different?

Discussion: "Is America to Blame for the Drug Wars in Mexico?"

From 2007 to 2009, nearly 10,000 people in Mexico died in drug-related violence. Who or what caused this? Some argue that it is Americans' insatiable demand for illicit drugs and the constant flow of guns from the United States, which arms the drug cartels. Others blame Mexico’s own government, which, they claim, is so corrupt that it cannot clamp down on the cartels. Unable to ignore the rising violence spilling over the border, Congress approved $700 million in security aid for Mexico and promised to increase the number of federal agents and intelligence analysts. Officials on both sides wonder whether this will make a dent in the problem.

1. Should Mexico’s government take full responsibility for what goes on within its own borders? Or should the US Government take some of the responsibility for the flow of Drugs into the USA and the drug war violence inside Mexico?

Hudson Group is a one of the largest and most recognizable travel retailers in North America. we own and manage over 1,000 duty-paid and duty-free stores in 89 locations, including airports, commuter terminals, hotels and some of the most visited landmarks and tourist destinations in the world.
In 2019 we initiated the Hudson Next Project, one of the key pillars being the completion of design and implementation of four new brands within the current Business Operating Model.
These brands include: Speciality stores, Newsstands, Book stores & Brook stone stores
The new Specitity stores will be based out of the LAX airport. They will cost approximately $19 million to contruct and will require approximately 50 employees to operate. The Newstands, located in Newark, New Jersey, will be based out of the airport - less than 15 miles outside of New York City, will cost $6.5 million to construct and 20 employees to operate. The bookstores, located in Houston, will require $8 million to construct and 15 employees to operate. Located in the suburbs of Pittsburgh, Pennsylvania, the new Brookstones stores will cost $12 million to construct and 50 employees to operate across all stores.
Hudson Group will pledge 75.5 million in new construction and hire no more than 260 employees. Annually, Specialty stores are a 9.5 million operation, Newstands are a $2.4 million operation, bookstores are a 1.2 million operation and the new Brookstones stores net 3.3 million in volume and growing.
If Hudson Group wasnts to maximize it’s annual revenue, how many of each for brands should they build?

PLEASE PROVIDE IN EXCEL FORMAT

Hudson Group is a one of the largest and most recognizable travel retailers in North America. we own and manage over 1,000 duty-paid and duty-free stores in 89 locations, including airports, commuter terminals, hotels and some of the most visited landmarks and tourist destinations in the world.
In 2019 we initiated the Hudson Next Project, one of the key pillars being the completion of design and implementation of four new brands within the current Business Operating Model.
These brands include: Speciality stores, Newsstands, Book stores & Brook stone stores
The new Specitity stores will be based out of the LAX airport. They will cost approximately $19 million to contruct and will require approximately 50 employees to operate. The Newstands, located in Newark, New Jersey, will be based out of the airport - less than 15 miles outside of New York City, will cost $6.5 million to construct and 20 employees to operate. The bookstores, located in Houston, will require⁶ $8 million to construct and 15 employees to operate. Located in the suburbs of Pittsburgh, Pennsylvania, the new Brookstones stores will cost $12 million to construct and 50 employees to operate across all stores.
Hudson Group will pledge 75.5 million in new construction and hire no more than 260 employees. Annually, Specialty stores are a 9.5 million operation, Newstands are a $2.4 million operation, bookstores are a 1.2 million operation and the new Brookstones stores net 3.3 million in volume and growing.
If Hudson Group wasnts to maximize it’s annual revenue, how many of each for brands should they build?

***PLEASE SHOW FORMULAS AND ANSWERS PROBLEM IN EXCEL FORMAT USING SCREENSHOTS. THANK YOU

For the reaction: CH₃OH(g) ↔ CO(g) + 2H₂(g), with the equilibrium concentrations for [CH₃OH]=0.20M, [CO]=0.44M, and [H₂]=2.7M, determine the gas phase equilibrium constant (K_p) at 400 ⁰C?

A vessel initially containing 1 kmol of CO and 4.76 kmol of dry air forms an equilibrium mixture of CO₂, CO, O₂, and N₂ at 2800 K, 1 atm. Determine the equilibrium composition.