On January 1, 2000, Vick Company issued $500,000 of 8%, 15 year bonds, at a price of 94. The bonds pay

semiannual interest on June 30 and December 31 of each year. Vick records the interest payments every six months by amortizing the discount on bonds payable using the straight-line method. On Januray 1, 2005 Vick Company retires 30% of these bonds by buying them on the open market at a price of 97.

How does the market rate compare to the stated rate (market rate higher or lower)?

Journalize the issuance on 1/1/05

Journalize the first interest payment on June 30.

Journalize the retirement on January 1, 2005

Twins graduate from college together and start their careers. Twin 1 invests $2000 at the end of each year for 10 years only (until age 33) in an account that earns 7%, compounded annually. Suppose that twin 2 waits until turning 40 to begin investing. How much must twin 2 put aside at the end of each year for the next 25 years in an account that earns 7% compounded annually in order to have the same amount as twin 1 at the end of these 25 years (when they turn 65)? (Round your answer to the nearest cent.)
$

According to Emanuel Derman, writing in the Journal of Derivatives, Winter, 2000, p. 64 he says “Good theories, like Black-Scholes-Merton, provide a theoretical laboratory in which you can explore the likely effect of possible causes. They give you a common language with which to quantify and communicate your feelings about value.”
Riding on that background and given the following information
Current Price of underlying asset k100
Strike price of underlying asset k80
One period risk free rate of return 10%
Stock price can either go up or down by 20%
Time period 6 months
Determine the call value
What is the time value for holding on to the option
What is the Put Option Price using the PUT-CALL Parity relationship

According to Emanuel Derman, writing in the Journal of Derivatives, Winter, 2000, p. 64 he says “Good theories, like Black-Scholes-Merton, provide a theoretical laboratory in which you can explore the likely effect of possible causes. They give you a common language with which to quantify and communicate your feelings about value.”
Riding on that background and given the following information
Current Price of underlying asset k100
Strike price of underlying asset k80
One period risk free rate of return 10%
Stock price can either go up or down by 20%
Time period 6 months
Determine the call value
What is the time value for holding on to the option
What is the Put Option Price using the PUT-CALL Parity relationship

1. In the 1999-2000 NHANES report, the reported cancer rate for women subjects age 65 and older is 14%. Using this estimate as the true percentage of all females ages 65and over who have been told by a health care provider that they have cancer, find the probability that if 210 women are selected at random from the population, more than 20% will have been told they have cancer.
2. In the same report, the cancer rate for men ages 65 and older is 23%. Use this estimate as the percentage of all men ages 65 and older who have been told by a health care provider that they have cancer. Find the probability that among 250 men selected at random that fewer than 20% will have been told they have cancer.
3. Find the probability that the male cancer rate is at least 3% higher than the female cancer rate in the two samples given above.

The following six (4) questions are based on the following data:

When performing calculations in the following problems, use the numbers in the table as-is. I.e., do NOT convert 8.5985 to 8.5985% (or 0.085985). Just use plain 8.5985.

1. Using the basic market model regression, R p = α + β R m + ϵ, what is the beta of this portfolio? Yes, this is an opportunity to practice regression analysis. You can use Excel or other tool of choice.

2. For precision, find the portfolio beta using the excess return market model:

R p − R f = α + β ∗ ( R m − R f ) + ϵ

[Hint: compute annual excess returns first, then run regression.]

3. Using the excess return beta β ∗ from the previous problem, what is Jensen's alpha for the portfolio?

[Hint: use Equation (17.6) from Moore (2015)]

4. What is the portfolio's M2 measure?

How much will you accumulate if you invest $2000 per year into a retirement plan (e.g., Roth IRA) for 40 years if you can earn an annualized rate of 9.00%? (Round answer to nearest whole number)
options:

$62819.

$670431.

$22176.

Place the following Automated Clearing House or hybrid process steps in order:

$675765.

43.   Economists would classify all the following as land except:
a)   2000 acres of virgin land
b)   Crude oil reserves
c)   A hydro electric dam
d)   Iron ore deposits
44.   As a student of economics, when you speak of scarcity, you are referring to the ability of society to:
a)   Employ all of its resources
b)   Consume all that is produced
c)   Satisfy economic wants given scarce resources
d)   Continually make technological advances and increase production
45.   Airlines charge business travelers more than leisure travelers because there is more:
a)   Elastic supply of business travel
b)   Inelastic supply of business travel
c)   Elastic demand for business travel
d)   Inelastic demand for business travel
46.   For which product is the income elasticity of demand most likely to be negative:
a)   Computer software
b)   Used clothing
c)   Basketballs
d)   Bread
47.   For which product is the income elasticity of demand most likely to be positive: a) Re-treaded tires
b)   Cabbage
c)   Used clothing
d)   Computers
48.   A study reported that the coefficient of the cross elasticity of popcorn and potato chips is positive. Based on this report, you can conclude that popcorn and potato chips are: a) Normal goods
b)   Complementary goods
c)   Independent goods
d)   Substitute goods

Quantity   Total Utility-
Movies   Total Utility -
Books
1   50   22
2   80   42
3   100   52
4   110   57
5   116   60
6   121   62
7   123   63
Based on the table above:
49.   Suppose the price of Movies is $8 each and price of books is $20 each. If the consumer had $80 to spend, how much of each product should the consumer buy to achieve maximum total utility?
a)   7 movies and 4 books
b)   5 movies and 2 books
c)   4 movies and 2 books
d)   Cannot be determined
50.   If the price of the books fell to $10 and the price of movies stayed the same, he or she would purchase:
a)   The same amount of the two goods
b)   More books and fewer movies
c)   More books and more movies
d)   More books and the same amount of movies

Boxcar #1 has a mass of 2000 kg. Boxcar #2 has a mass of 1200 kg. Boxcar #1 is moving at 12.00 m/s to the right before they hit and stick together. A) Suppose that the velocity of Boxcar #2 before the collision is 8.00 m/s to the right. What is the velocity after the totally inelastic collision? B) Suppose, instead, that the speed after the totally inelastic collision is 3.00 m/s. What was the velocity of Boxcar #2 before the collision? Give all possible answers.