Questions
The following six (4) questions are based on the following data: Year Rp Rm Rf 2000...

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

Year Rp Rm Rf
2000 18.1832 -24.9088 5.112
2001 -3.454 -15.1017 5.051
2002 47.5573 20.784 3.816
2003 28.7035 9.4163 4.2455
2004 29.8613 8.7169 4.2182
2005 11.2167 16.3272 4.3911
2006 32.2799 14.5445 4.7022
2007 -41.0392 -36.0483 4.0232
2008 17.6082 9.7932 2.2123
2009 14.1058 16.5089 3.8368
2010 16.1978 8.0818 3.2935
2011 11.558 15.1984 1.8762
2012 42.993 27.1685 1.7574
2013 18.8682 17.2589 3.0282
2014 -1.4678 5.1932 2.1712
2015 9.2757 4.4993 2.2694
2016 8.5985 23.624 2.4443

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?

In: Finance

How much will you accumulate if you invest $2000 per year into a retirement plan (e.g.,...

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:

I. Sign check.
II. Record check information with device.
III. Deduct payment after bank receives information.
IV. Merchant system sends check data to ACH operator.

$675765.

In: Finance

43.   Economists would classify all the following as land except: a)   2000 acres of virgin land...

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

In: Economics

Boxcar #1 has a mass of 2000 kg. Boxcar #2 has a mass of 1200 kg....

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.

In: Physics

A 2000-gram male infant was delivered at 34 weeks’ gestational age by cesarean section due to...

A 2000-gram male infant was delivered at 34 weeks’ gestational age by cesarean section due to breech presentation, premature labor, and rupture of membranes. On physical examination the infant was non-dysmorphic, appeared vigorous, had spontaneous respirations, and the skin was pink and well perfused. Apgar scores were 7 and 9 at 1 and 5 minutes, respectively. One hour after admission to the neo- natal intensive care unit, the infant developed tachypnea and nasal flaring with moderate subcostal and substernal retractions. Bronchial breath sounds that were slightly diminished in intensity were present. Analysis of umbilical arterial blood revealed a pH of 7.37, a PaO2 of 50 mm Hg, and a PaCO2 of 30 mm Hg. To improve work of breathing, continuous positive airway pressure (CPAP) of + 6 cm H2O was initiated via nasal prongs. One hour later the infant’s vital signs were as follows: temperature 37.6°C under radiant heat, blood pressure 60/42 mm Hg, heart rate 130 beats per minute, oxygen saturation 94% to 96% while breathing 40% oxygen with CPAP, and blood glucose 70 mg/dL. The remainder of the examination was normal for the gestational age. The infant’s respiratory status gradually improved, and over the next 3 days he was weaned from CPAP and transitioned to a nasal cannula and then to room air. Two days later, the infant was discharged home. 1. What are important components of the initial neonatal assessment? 2. What was concerning about this patient’s respiratory status, and what should the healthcare team continue to monitor? 3. What intervention would you consider if the CPAP + 6 did not improve the infant’s work of breathing?

  1. What intervention would you consider if the CPAP + 6 did not improve the infant’s work of breathing?

In: Nursing

A 2000 v signle phase synchorunus generator isbeing used as a backup generator outside a diagnostic...

A 2000 v signle phase synchorunus generator isbeing used as a backup generator outside a diagnostic center in Islamabad . when the generator terminals are short circuited and a field exication current if 2.5 A is passed, the ammeter between the terminals read 100 A of full load current . if this terminals of the same generator are opened and the voltage across them is measured using a voltmeter , we get the value of 500V with the same exciatation cureent . the armature resistance is 0.8 ohms.

Determine the voltage regulation of this generator if it is delivering 100 A during normal operating with unity power factor , 100A with 0.8 leading PF and with 0.71 lagging PF

In: Electrical Engineering

NOTE: MUST BE CLOSE TO 2000 WORDS According to McLeay (1999), ‘In general, financial reporting regulation...

NOTE: MUST BE CLOSE TO 2000 WORDS

According to McLeay (1999), ‘In general, financial reporting regulation emanates from legislation, often in conjunction with self imposed standards issued by private sector institutions’.

McLeay S. (1999) Accounting Regulation in Europe. In: McLeay S. (eds) Accounting Regulation in Europe. Palgrave Macmillan, London

Required:

Evaluate the need for accounting regulation in the modern world.

In: Accounting

Back on December 23, 2000, Jasmine Crusher purchased a home in Pahoa, Hawaii for $1,500,000 which...

Back on December 23, 2000, Jasmine Crusher purchased a home in Pahoa, Hawaii for $1,500,000 which included the land and the home. Her property tax bill for 2001 showed assessed value of the land of $300,000 and of the building for $1,200,000. She used the home as her personal residence until October 15, 2010 when her employer transferred her to San Francisco. Jasmine put the house on the market for a sale price of $1,900,000 but was receiving no offers. In February 2011, she found out that a house down the road had just sold for $1,250,000. So, she decided to rent it and use it for occasional vacations for herself. Jasmine hired a management company to find the renters. Since the house is in Hawaii, the management firm never had a problem having the house rented for most of the year. Because Jasmine used a 15 year loan, the loan was completely paid off in December 2015. Jasmine turned over all bill paying responsibilities to the management company starting in 2014. Below are the details Jasmine received from the management company for 2014 and 2015. However, in 2016, she decided that the management company was charging her too much for the small amount of work they seemed to be doing, so she fired them on June 1 and took over all of the work of renting the house and paying the bills. On December 2, 2016, the nearby volcano erupted and Jasmine’s house was burned to the ground by one of the advancing lava flows, while she was working in San Francisco. As a result of having been so busy with work and the rental, Jasmine neglected to pay her homeowners insurance that was due July 1, 2016, so at the time of the eruption, she had no insurance. The 2016 information is a combination of the management company information through May 31, and Jasmine’s records for the rest of the year up until the house was caught in the lava flow. Jasmine sold the land in a fire sale “as-is” for $50,000 on December 31, 2016. Jasmine is a successful IT consultant with AGI, made up of wages and interest income, for 2016 of $375,500 and $365,750 for 2015.

2014

2015

2016

Days rented

300

310

300

Personal days used

32

28

29

Rental income per day

240

260

280

Property taxes

22,500

23,063

23,639

Interest on mortgage

18,000

15,000

0

Insurance

1,150

1,250

0

Alarm Company

500

600

600

Management company

12,000

12,000

5,000

Advertising

1,250

1,300

1,400

Repairs

2,500

1,000

1,950

Cleaning fees

3,000

3,500

3,250

Accounting fees

1,250

1,300

1,200

Utilities

2,400

2,500

2,600

Landscaper fees

1,800

1,900

2,100

Cable TV

1,500

1,600

1,800

Required: Calculate all of the impacts of the above transactions on Jasmine’s 2016 taxes. Explain how you arrived at each conclusion.


In: Accounting

You owe $2000 on a credit card that charges 20% interest. You have $2200 in your...

You owe $2000 on a credit card that charges 20% interest. You have $2200 in your savings account that earns 1.69% interest. Your savings account charges $14.50 a month if you keep a balance of less than $1500 a month. Compare the amount of interest for both to decide what you should do about paying the credit card bill. Consider all factors in the decision. Show your for any calculations you may completed.

In: Finance

A process making 2000 metric tons of a product selling for P1.60 per kg. total cost...

A process making 2000 metric tons of a product selling for P1.60 per kg. total cost of production is 84.375% of the total sales while the ratio of the fixed cost to the variable cost is 0.35:1.0. Variable costs consist of 50% labor cost and 40% raw material cost. if the management proposes increasing the selling price by 10% due to 20% increase in the cost of its raw materials,

a. determine the peso change in net profit at full capacity if tax rate is 34%

b. determine the % change in the breakeven point

c. determine the fixed cost per poundat new break even point

In: Accounting