Please answer the following by hand showing all arithmatic and original formulas, please do not use a graphic calculator.

The province of Ontario is planning to construct a new hydropower plant to help make energy prices more affordable, as well as to support improved public health and environmental quality. The construction of the hydropower plant will start by the beginning of 2023 and will take 3 years at a cost of $200 million per year. The cost of maintenance and repairs, which is to start after project completion, is expected to be $5 million for the first 6 years, and to increase by $50,000 per year thereafter. The scrap value of the hydropower plant is estimated to be $25 million at the end of its service life. The project is expected to save the province $55 million per year in energy savings. Assume the present to be the end of 2017/beginning of 2018, the life of the project is till the end of year 2060, and the interest rate to be 5%.

Momomo is a construction company in Japan. Momomo is concerned on the depreciation of Japanese Yen in the future. The company expected to pay its supplier EUR 950,000 in Germany in three months. At the same time, Momomo is expected to receive a payment of USD1,500,000 from its customer, three months from now. The cost of capital for Momomo is 7.5%. The current spot rate is at JPY 109/USD and JPY120/EUR

The following information was given by Momomo’s bank.

1. How much is the minimum receipt that Momomo able to get if the company decides to perform option market hedge of its account receivable? State your answer in JPY

Answer:

2. Calculate the maximum cost that Momomo has to bear if the company decides to hedge its account payable using option. State your answer in JPY.

Answer:

4. The Antelope Elk Energy Center in Abernathy, Texas, a natural gas power generation plant, is considering an upgrade to its fuel distribution system. The upgrade is expected to increase fuel efficiency thus decrease natural gas consumption to create a savings of $6.5 million per year over a 15-year period. Accounts receivable is expected to increase by 5%, inventory is anticipated to decrease by 20%, and accounts payable to decrease by 10%. MasTech, a leading power generation construction company, estimated the upgrade cost to the fuel distribution system will be $28 million. Use Excel.
   
   

1. (10 points) The company’s marginal tax rate is 35% and uses straight-line depreciation. What is the project’s cash flow in year (t=1)? (10 points)
   

2. (10 points) The company’s cost of capital is 8.0%. Calculate the Net Present Value and determine if the Antelope Elk Energy Center should go forward with the project. Why or why not? Use Excel spreadsheet to calculate.
   

The average rent in a city is $1,440 per month with a standard deviation of $340. Assume rent follows the normal distribution. a. What percentage of rents are between $760 and $2,120? What percentage of rents are less than $760? c. What percentage of rents are greater than $2,460?

The average rent in a city is $1,440 per month with a standard deviation of $340. Assume rent follows the normal distribution. a. What percentage of rents are between $760 and $2,120? What percentage of rents are less than $760? c. What percentage of rents are greater than $2,460?

1. Which of the following hominin had the best walking abilities?

1. Sahelanthropus
2. Orrorin
3. Australopithecus
4. Ardipithecus

2. A gene is a segment of DNA that has protein coding information.

1. True
2. False

3. Ardipithecus was adapted to life in trees and:

1. in the desert.
2. near water.
3. both b. and c.
4. on the ground.

4. The genus designation Homo translates to

1. cave man
2. same
3. first person
4. human