Days are business days and a month has 21 such days. All stocks pay no dividends ?

Estimate a non-dividend-paying stock’s annualized volatility (use 252 trading days) using its prices in the past nine months.

Month Stock Price per share

1    80

2    64

3    80

4    64

5    80

6 100

7    80

8    64

9    80

Then, predict the value of the stock on the 10th business day of the 10th month with approximate probability 90%.

Assume a firm is perfectly competitive. Assume a firm's toatal cost curve can be represented as follows:

                    TC= 10+ 4q + 2q^2

Assume the market price for this good is $100 per unit.

A. What is the profit maximizing level of output for this firm?

B. At the profit maximizing level of output, how much economic profit is this firm earning?

C. At this profit maximizing level of output what is ATC?, AVC?, AFC?

D. At what output is ATC at ist minimum?

E. At what output is AVC at its minimum?

Stone Sour Corp. issued 20-year bonds two years ago at a coupon rate of 7.1 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?

Settlement Date= 1/1/2000

Maturity Date= 1/1/2018

Annual Coupon Rate =7.10%

Coupon per Year=2

Face Value(%of Par)=100

Bond Price (%of Par)=105

Calculate Yield to Maturity in Excel using above Information

You took a short futures position in 10 contracts, covering each 100 ounces of gold at a price of $276.5 per ounce. The initial and the maintenance margin requirement are respectively $1500 and is $1100 per contract. No withdrawal in any excess margin will be made. Ignore any interest on the balance.

The settlement prices per ounce of gold at the end of days 1, 2 and 3 are respectively $278, $281 and $276.

(c) Calculate your total gain or loss at the end of day 3, and the annualized return. [5]

There are many companies that make turbans, but ManMan Headgear is famous for their distinctive blue turbans.

The demand for ManMan turbans is given by P = 100 – 2Q

The cost of producing turbans is given by C = 4Q

1.

What type of market structure does this sound like? You don't need to explain.

2.

What Quantity will ManMan produce if they can't use any advanced pricing strategies?

3.

What Price will ManMan charge if they can't use any advanced pricing strategies?

4.

What will ManMan's profit be?

Sales Amount

UCCC is a VAT registered business. It sells brownies at retail price of Php 20.00 per box exclusive of VAT. It acquired the brownies available for sale at Php 16.50 per box inclusive of VAT.

What would be the amount of sales inclusive of VAT for 10 boxes sold?

What would be the amount of VAT Output for the 10 boxes sold?

If during a whole month UCCC sold 100 boxes of brownies how much is its VAT payable?

Answer the following and explain
(Taxation in Philippines)

Complete the following cost and revenue schedule.

a. At what rate of output are profits maximized within this range?

b. What are total profits at that output rate?

The table shows the prices (in dollars) for a sample of automobile batteries. The prices are classified according to battery type. At α = .05α = .05α = .05, is there enough evidence to conclude that at least one mean battery price is different from the others? (Assume the samples are random and independent, the populations are normally distributed, and the population variances are equal)

Battery Type A 110 100 125 90 120

Battery Type B 280 145 180 175 90

Battery Type C 140 125 85 140 80

P-value = ???

A bond trader purchased each of the following bonds at a YTM of 8%. Immediately after she purchased the bonds, interest rates fell to 7%. What is the percent change in the price of each bond after the decline in interest rates. What is the duration and modified duration for each bond? Assume Face Value at 1000

I. 4-year, 12% annual coupon

II. 10 year zero coupon

III. 5 year zero coupon

IV. 30 year zero coupon

V. INR 100 perpetual coupon

Task ? 3

Specification:

Undertaking “A” entirely owns subsidiary undertaking “B” (100% of the authorised capital). One of directors of subsidiary undertaking “B” is a major shareholder of a third undertaking “D”, which otherwise will be considered as independent. Undertaking “D” supplies commodities to subsidiary undertaking “B” at a price determined by independent parties. Director is a member of the key management personnel of undertaking “B”.

Question:

Should the management of undertaking “A” disclose undertaking “D” as the related party, since the director of subsidiary “B” is the major shareholder of undertaking “D”?