Under certain water conditions, the free chlorine (hypochlorous acid, HOCl) in a swimming pool decomposes according to the law of uninhibited decay. After shocking a pool, the pool boy, Geoff, tested the water and found the amount of free chlorine to be 2.4 parts per million (ppm). Twenty-four hours later, Geoff tested the water again and found the amount of free chlorine to be 2.1 ppm. What will be the reading after 2 days (that is, 48 hours)? When the chlorine level reaches 1.0 ppm, Geoff must shock the pool again. How long can Geoff go before he must shock the pool again?
In: Math
11. Weston Industries has a debt-to-equity ratio of 1.5. Its WACC is 11 percent, and its cost of debt is 7 percent. The corporate tax rate is 35 percent. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)
a. What is Weston’s cost of equity capital?
b. What is Weston’s unlevered cost of equity capital?
c-1. What would the cost of equity be if the debt-to-equity ratio
were 2?
c-2. What would the cost of equity be if the debt-to-equity ratio were 1.0?
c-3. What would the cost of equity be if the debt-to-equity ratio were 0?
In: Finance
2. The following data are taken from the sheet at the end of the current year:
Cash 442,000
Short-term Investments 886,000
Notes Payable, long-term 230,000
Prepaid Insurance 75,000
Accounts Payable 875,000
Accrued Liabilities 520,000
Inventory 630,000
Accounts Receivable 120,000
Salaries Payable 185,000
Intangible Assets 600,000
Property, Plant and Equipment 1,900,000
Computation Interpretation—what does the result mean?
Compute: a. Working capital: ___________________ __________________________________
b. Current ratio: ___________________ __________________________________
c. Quick ratio: ___________________ __________________________________
d. Consider the additional information. Compare results and interpret your findings: Are the results acceptable? Explain.
In: Accounting
BTS corporation has two investment plans A,B and expected to get $1200 of cash flow in 1 year. The investment plan A's β is 1.0 and plan b β is 1.5. If the risk-free interest rate is 10% and market risk premium is 10%, please answer the following question.
| Beta fo BTS = (1+1.5)/2 = | 1.25 |
| Required return = 10%+1.5*10% = | 25.00% |
| PV for BTS = 1200/1.25 = | $ 960.00 |
| Note: | |
| It is assumed that the cash flow of $1,200 | |
| is for both the projects put together. | |
| If it is for investment plan, then PV for BTS = 2400/1.25 = |
$ 1,920.00 |
question. explain why the statement is regarded as value additivity principle
In: Finance
A real estate development firm is looking to invest in a new apartment complex that requires an initial investment of $8 million today. This project will yield free cash flows of $1 million each year for the next 15 years (from t=1 to t=15). The firm is financed half with equity and half with bonds (assume no cash). The firm's beta is 1.5, the yield to maturity on its debt is 6.0%, and its tax rate is 20%. If the expected return on the S&P500 Index is 7.0% and the risk-free rate is 1.0%, what is the NPV of this project (in millions)?
A) $4.67 million
B) -$1.12 million
C) 0
D) $.88 million
E) 1.75 million
In: Finance
Suppose the spot exchange rate between Brazilian real and euros is S0BRL∕EUR= BRL 2.9488∕EUR. Calculate forward exchange rates at 1-year,2-year, and 3-year horizons under these two scenarios. a. Yield curves in euros and real are flat. Annual Eurocurrency interest rates are iBRL= 5 percent and iEUR= 1 percent for the next several years.
b. The euro yield curve is flat at iEUR= 1.0 percent per year. Brazilian real interest rates are 5.5 percent per year at a 1-year horizon, 5.0 percent at a2-year horizon, and 4.8 percent at a 3-year horizon.
In: Finance
Having the following data:-
A $100.0 par value preferred stock with 10.0% dividend & a 15.0% required return.
A $1.0 par value common stock with $3.0 EPS; a 5.0% risk-free rate; a 6.0% Market Risk-Premium; a 40.0% pay-out ratio; a 5.0% constant growth in EPS & dividend per share (g); Beta is 1.40.
A 20 years 6.0% coupon debenture (Non-guaranteed corporate bond) with a Yield-to-maturity (YTM) of 5.0%.
Answer the following questions:-
1 - The preferred stock's price is ???
2 - The common stock's price is ???
3 - The required return on the market is ????
4 - The debenture's price is ????
5 - The debenture's discount / premium is???
In: Finance
Consider a Solow economy with the following production function
F(K,N) = zK^(1/3)N^(2/3)
and parameters d = 0.05, s = 0.2, N0 = 100 and z = 1.0. Suppose K = 300 in period 0 and the
unit period is one year. In contrast to the standard Solow model, we assume that the population
growth rate n is no longer exogenous but rather endogenous and determined by
(1 + n) = N’/N = g(C/N) = (C/N)^3 as it is the case in the Malthusian model.
Question: Find k* the steady state per-capita capital stock, consumption per capita (c*) and output
per capita (y*).
In: Economics
When answering the following questions, assume all dilutions are in even power of 10, unless told otherwise, and that 0.1 mL (100uL) or 1.0 mL (1,000 uL) volumes were plated. Also, cell density and cell concentration are used interchangeably, as are CFU and colonies, depending on how the term is being used.
Please answer the question using the formula V1D1 = V2D2.....Please show details
1. Suppose your professor handed you a test tube with 2.0 mL of an E.coli broth culture in it and told you to make a 10-1 dilution of the entire culture. Explain how you would do this. Show your calculations.
In: Biology
Voltage amplifiers are available with Avoc = 8 V / V,
Rin = 1.8 kΩ, Ro = 850 Ω. With a 12V DC power source, each
amplifier
consumes 1.5 mA average current.
a. How many amps do you need to cascade to get so
minus a voltage gain of 1000 with a load resistance of 1.0 kΩ?
b. What is the voltage gain Av obtained? (Answer with an integer
number
rounded)
c. For the cascade connection, find the open circuit voltage
gain.
(Answer with a rounded integer)
d. If you have a 1.5 mV input, how efficient is the equivalent
amplifier?
e. Find the transconductance of the entire circuit.
In: Electrical Engineering