BOND RETURNS
Last year Janet purchased a $1,000 face value corporate bond with an 8% annual coupon rate and a 25-year maturity. At the time of the purchase, it had an expected yield to maturity of 11.47%. If Janet sold the bond today for $966.34, 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
In a simple economy, people consume only two goods: food and clothing. The market basket of goods used to compute the CPI has 65 units of food and 22 units of clothing.
|
Food |
Clothing |
|
|
Last year’s price |
$ 4 |
$ 16 |
|
This year’s price |
$ 8 |
$ 19 |
|
a) What are the percentage increases in the price of food? ____________ b) What are the percentage increases in the price of clothing? ____________ |
||
|
c) What is the percentage increase in the CPI? ____________ |
||
In: Economics
The number N of devices that a technician must try to repair during the course of an arbitrary workday is a random variable having a geometric distribution with parameter p = 1/8. We estimate the probability that he manages to repair a given device to be equal to 0.95, independently from one device to another
a) What is the probability that the technician manages to repair exactly five devices, before his second failure, during a given workday, if we assume that he will receive at least seven out-of-order devices in the course of this particular workday?
b) If, in the course of a given workday, the technician received exactly ten devices for repair, what is the probability that he managed to repair exactly eight of those?
c) Use a Poisson distribution to calculate approximately the probability in part (b).
d) Suppose that exactly eight of the ten devices in part (b) have indeed been repaired. If we take three devices at random and without replacement among the ten that the technician had to repair, what is the probability that the two devices he could not repair are among those?
In: Math
State whether the followings are True or False? (1) The angle of internal friction can vary from 0 to 90˚ since it is an angle. (2) A degree of saturation of 40% implies that 40% of the total volume consists of water. (3) Clays can have both cohesion and angle of internal friction. (4) In the triaxial test the horizontal plane is the major principal plane. (5) Piping (failure due high exit hydraulic gradient downstream) starts upstream and then progress to downstream face of a concrete dam. (6) It is safe to say that: in general natural soils in the field have larger permeability in the horizontal direction than the vertical direction. (7) Due to consolidation ∆? ?????????,?ℎ?? ? ?????????. (8) Consolidation is process of reducing voids by removing water and air if present. (9) In seepage in two dimensional impervious boundaries are equipotential lines. (10) Lowering the ground water table will increase the shear strength of the soil. (11) Due to consolidation the effective stress will increase. (12) Increasing the water pressure head at both upstream and downstream by 1 m will reduce piping.
In: Civil Engineering
Problem 19-17 EPS; options; convertible preferred; additional shares [LO19-4, 19-5, 19-6, 19-7, 19-8, 19-9]
On January 1, 2018, Tonge Industries had outstanding 460,000
common shares ($1 par) that originally sold for $25 per share, and
5,000 shares of 10% cumulative preferred stock ($100 par),
convertible into 50,000 common shares.
On October 1, 2018, Tonge sold and issued an additional 12,000
shares of common stock at $35. At December 31, 2018, there were
21,000 incentive stock options outstanding, issued in 2017, and
exercisable after one year for 21,000 shares of common stock at an
exercise price of $32. The market price of the common stock at
year-end was $50. During the year, the price of the common shares
had averaged $42.
Net income was $600,000. The tax rate for the year was 40%.
Required:
Compute basic and diluted EPS for the year ended December 31, 2018.
(Enter your answers in thousands.)
In: Accounting
Connie Jefferson is the primary flower dealer in her hometown of San Flores. Connie has watched the sales volume of her favorite flower, the yellow rose, change over the past 10 weeks. The changes are due to an experiment that Connie is conducting. She has been told that she could sell more roses by reducing the price, and Connie tends to agree. In her experiment, Connie has set out to determine the relationship between the price charged for yellow roses and the quantity demanded. Over the past 10 weeks, Connie has carefully tracked the selling price of her roses and the quantity sold. Her data are as follows:
|
Week |
Price |
Quantity Sold |
|
1 |
$30 |
50 |
|
2 |
8 |
270 |
|
3 |
10 |
240 |
|
4 |
27 |
90 |
|
5 |
25 |
110 |
|
6 |
21 |
130 |
|
7 |
12 |
200 |
|
8 |
15 |
190 |
|
9 |
19 |
160 |
|
10 |
20 |
150 |
a. Develop a least squares regression equation that shows the relationship between the
quantity of roses sold and the price charged.
b. If Connie sets the price at $17, what should be the demand for her roses?
c. Discuss the use of this modeling process in a different business setting.
*Please show working and please use the different answer from the chegg since my friends already use it. Handwriting is okay, thankyou and I appreciate it.
In: Operations Management
Pina Colada Corp. uses a perpetual inventory system reports the following for the month of June.
|
Date |
Explanation |
Units |
Unit Cost |
Total Cost |
||||
|---|---|---|---|---|---|---|---|---|
|
June 1 |
Inventory |
130 |
$4 |
$520 | ||||
|
12 |
Purchases |
390 |
5 |
1,950 | ||||
|
23 |
Purchases |
230 |
6 |
1,380 | ||||
|
30 |
Inventory |
265 |
New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is incorrect.
Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 430 units occurred on June 15 for a selling price of $7 and a sale of 55 units on June 27 for $8. (Round intermediate calculations to 0 decimal places, e.g. 5.250 and final answer to 3 decimal places, e.g. 5.125.)
|
June 1 |
$enter a dollar amount | |
|---|---|---|
|
June 12 |
$enter a dollar amount | |
|
June 15 |
$enter a dollar amount | |
|
June 23 |
$enter a dollar amount | |
|
June 27 |
$enter a dollar amount |
Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 430 units occurred on June 15 for a selling price of $7 and a sale of 55 units on June 27 for $8. (Round intermediate calculations and final answers to 0 decimal places, e.g. 125.)
|
FIFO |
LIFO |
Moving-Average |
||||
|---|---|---|---|---|---|---|
|
The cost of the ending inventory |
$enter a dollar amount | $enter a dollar amount | $enter a dollar amount | |||
|
The cost of goods sold |
$enter a dollar amount | $enter a dollar amount | $enter a dollar amount |
In: Accounting
Cycle Company had the following trial balance at 3/1/2021:
| Opening trial balance | ||
| Account name | Debit | Credit |
| Cash | 100 | |
| Accounts receivable | 450 | |
| Supplies | 0 | |
| Equipment | 600 | |
| Accumulated depreciation | 70 | |
| Payables | 0 | |
| Long-term debt | 0 | |
| Contributed capital--common stock | 400 | |
| Retained earnings | 680 | |
| Dividends | 0 | |
| Revenue | 0 | |
| Selling Expense | 0 | |
| Administrative Expense | 0 | |
| Depreciation expense | 0 | |
| Other expense | 0 | |
| Total | 1,150 | 1,150 |
4.3 Activity for the month of March
|
Date |
Activity |
|
The company borrowed $1,000 on a two-year note, with principle and 8% interest due at maturity. This loan from FNB Destin requires preparation of monthly financial statements. |
|
The company sold common stock to shareholders and received $90 cash. |
|
The company purchased one week worth of office supplies for use in the administrative offices, $500 cash. |
|
The company completed one tax return for a client and billed the client, Jenna Smart, $600 on invoice #101. Smart will pay the invoice within 30 days |
|
The company completed one consulting service and received cash from the client, Joseph Gerard, $100 on invoice #102. |
|
The company paid current month’s administrative expenses in cash, $150. |
|
The company paid sales commissions, $40. |
|
The company completed one tax return for a client, Regan Elise, and billed her $700 on invoice #103. Elise agreed to pay the invoice next month. |
|
Collected $450 from Joseph Smith on invoice #100 (from previous month). |
|
The company completed consulting service for a client, Riggs Auto, and billed him $300 on invoice #104. Riggs promised to pay next month. |
|
Collected $400 from Jenna Smart on invoice #101. |
|
The company paid administrative salaries, $70. |
|
The company accrues $7 of interest payable on the outstanding note payable. |
|
The company recognized that the equipment has lost value due to depreciation. Using straight-line depreciation, the controller computed depreciation of $5 for the month. |
|
Paid $25 dividends to owners. |
In: Accounting
21. Teaching Methods A new method of teaching reading is being
tested
on third grade students. A group of third grade students is taught
using
the new curriculum. A control group of third grade students is
taught
using the old curriculum. The reading test scores for the two
groups are
shown in the back-to-back stem-and-leaf plot.
Old Curriculum New Curriculum
9 3
9 9 4 3
9 8 8 4 3 3 2 1 5 2 4
7 6 4 2 2 1 0 0 6 0 1 1 4 7 7 7 7 7 8 9 9
7 0 1 1 2 3 3 4 9
8 2 4
Key: 9 0 4 0 3 = 49 for old curriculum and 43 for new
curriculum
At a = 0.10, is there enough evidence to support the claim that the
new
method of teaching reading produces higher reading test scores than
the
old method does? Assume the population variances are equal.
In: Statistics and Probability
Question 2
4-14 Which of the following terms best describes the following diagram?
Question 2 options:
|
DMZ |
|
|
Intranet |
|
|
Public LAN |
|
|
Extranet |
Question 3
4-13 Which of the following is the BEST definition of dual-homed?
Question 3 options:
|
Can filter on two OSI layers |
|
|
Contains two NICs |
|
|
Performs filtering and logging |
|
|
Performs packet and content filtering |
Question 4
4-10 Which of the following is the name for a lower-end (small business grade) firewall appliance that is capable of packet filtering, content filtering, intrusion detection, proxy, and application layer filtering?
Question 4 options:
|
UTM |
|
|
All-in-one |
|
|
SMB device |
|
|
NGFW |
Question 5
4-11 Which of the following is most often used for protecting a single computer?
Question 5 options:
|
hardware firewall |
|
|
virtual firewall |
|
|
software firewall |
|
|
firewall appliance |
Question 6
4-7 Which of the following were generation one firewalls capable of?
Question 6 options:
|
Filtering by IP header |
|
|
Filtering by session layer header |
|
|
Filtering by data content |
|
|
Filtering by protocol being used |
Question 7
4-6 the earliest firewalls were only capable of which of the following kinds of filtering?
Question 7 options:
|
Application layer |
|
|
Stateless |
|
|
Stateful |
|
|
Circuit layer |
Question 8
4-1 Which of the following were firewalls originally conceived to perform?
Question 8 options:
|
Block incoming unsolicited traffic |
|
|
Block outgoing traffic |
|
|
Both of the above |
|
|
Neither of the above |
Question 9
4-8 Which of the following is the word describing a firewall that is aware of a packet's place in an established and ongoing conversations
Question 9 options:
|
Content filter |
|
|
Proxy |
|
|
Stateless |
|
|
Stateful |
Question 10
4-20 Which of the following refers to a software firewall places on a dedicated server to create an internal hardware firewall?
Question 10 options:
|
Firewall system |
|
|
Constructed firewall |
|
|
Spare part firewall (SPF) |
|
|
Virtual firewall |
In: Computer Science