Your child will start college 15 years from today. You believe it will cost $16,000 for the first two years and $18,000 for the last three, payable at the beginning of each year of college. How much do you have to save at the end of each year for 15 years starting now in order to pay tuition and book costs if the account pays 8% interest, compounded annually?
In: Finance
Last year Janet purchased a $1,000 face value corporate bond with an 8% annual coupon rate and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity of 12.56%. If Janet sold the bond today for $927.06, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.
In: Finance
The patient came to your exercise sessions 80% of the time during the 8 week period. Since she only needed to comply by 70%, she was granted the lap band surgery. After 12 weeks, she has lost 50 pounds and has eliminated her insulin and cholesterol medications but is still on the hypertension meds. Her knees also are starting to feel better. You meet with this person post-surgery for an exercise assessment and the post surgery program. This time, she is very resistant to your exercise advice. In fact, she has no interest in participating in your exercise program anymore.
Was this behavior expected? Why or why not?.
In: Nursing
Dertermine which of the two following cash flows is preferable, using a MARR of 12%. You can use any method you prefer and may assume repeatability is an acceptable assumption. Option A requires an initial investment of $35000 and produces for five years an annual return of $9400. The salvage value at five years is expected to be $5000. Option B requires an initial investment of $50000 and produces an annual return for seven years of 10300. The salvage value at seven years is expected to be $10700. please show the solution not in excel and draw the cash flow
In: Economics
Dertermine which of the two following cash flows is preferable, using a MARR of 12%. You can use any method you prefer and may assume repeatability is an acceptable assumption. Option A requires an initial investment of $35000 and produces for five years an annual return of $9400. The salvage value at five years is expected to be $5000. Option B requires an initial investment of $50000 and produces an annual return for seven years of 10300. The salvage value at seven years is expected to be $10700. please show the solution not in excel and draw the cash flow
In: Finance
3. Consider the following data:
|
Years of Experience |
Salary (in $1000) |
|
3 |
28 |
|
5 |
42 |
|
2 |
12 |
|
7 |
44 |
|
8 |
49 |
(a) Draw a scatter plot where x-axis represents years of experience and y-axis represents salary. You may draw it by hand or using Excel.
(b) Obtain the least square estimates αˆ and βˆ. How do you interpret βˆ?
(c) Obtain SST, SSE and SSR. Using them, calculate the coeffi- cient of determination.
In: Statistics and Probability
| Retail Store | Deluxe | Standard |
| 1 | 44 | 33 |
| 2 | 43 | 30 |
| 3 | 41 | 28 |
| 4 | 33 | 20 |
| 5 | 32 | 19 |
| 6 | 42 | 30 |
| 7 | 43 | 33 |
| 8 | 30 | 18 |
The selling prices (in $) for the deluxe and standard model Ryobi wood sanders are shown for a sample of eight retail stores. Does the data suggest the difference in average selling price of these Ryobi models is more than $10 at α=0.01?
For the hypothesis stated above (in terms of Deluxe - Standard):
Questions 1
What is the test statistic? ______
Questions 2
What is the conclusion? (Choose TISETC or TINSETC) µDeluxe -
µStandard (Choose >,<, =)______
Questions 3
What is the p-value? Fill in only one of the following
statements.
If the Z table is appropriate, p-value =______
If the t table is appropriate, ______< p-value <______
In: Statistics and Probability
In: Statistics and Probability
Question 6
You purchase a machine for $200,000 which belongs in a 30% CCA class. What is the present value of the CCA tax shield on the machine if it is sold at the end of the fifth year for $24,000, your tax rate is 34%, and the appropriate discount rate is 10%?
Select one or more:
a. $66,623
b. $40,143
c. $86,994
d. $45,227
e. $46,202
Question 7
A financial lease is usually a shorter-term lease in which the lessor is responsible for insurance, taxes, and upkeep.
Select one:
True
False
Question 8
Given a tax rate of 15% for income up to $50,000, a tax rate of 25% for income between $50,001 and $75,000, and a tax rate of 34% for income between $75,001 and $100,000, and a tax rate of 39% for income above $100,001, if ABC Inc. reports taxable income of $175,000. How large is this firm's tax bill?
Select one:
a. $61,250
b. $48,750
c. $91,125
d. $51,500
e. $55,000
Question 9
Eight months ago, Turner purchased 100 shares of Delta Frames stock at a price of $46.25 a share. Delta pays a quarterly dividend of $2.10 a share. Today, Turner sold all of his shares for $49 per share. What is Turner's total capital gain on this investment?
Select one:
a. $355
b. $275
c. $155
d. $200
e. $180
Question 10
Watson's Automotive has a $375,000 bond issue outstanding that is selling at 85 percent of face value. Watson's also has 21,000 shares of common stock outstanding with a market price of $21 a share. What is the weight of the debt as it relates to the firm's weighted average cost of capital?
Select one:
a. 48 percent
b. 44 percent
c. 42 percent
d. 40 percent
e. 41 percent
In: Finance
In: Chemistry