The defendants are approximately 80 tenants of a 300-unit luxury apartment building on the upper east side of Manhattan. The monthly rents in the all-glass-enclosed building, which won several architectural awards, were very high. The landlord brought a summary proceeding against the tenants to recover rent when they engaged in a rent strike in protest against what they viewed as deteriorating conditions and services. Among other things, the evidence showed that during the period in question, the elevator system made tenants and their guests wait interminable lengths of time, the elevators skipped floors and opened on the wrong floors, a stench emanated from garbage stored near the garage and mice appeared in that area, fixtures were missing in public areas, water seeped into mailboxes, the air conditioning in the lobby was inoperative, and air conditioners in individual units leaked. The defendant-tenants sought abatement of rent for breach of the implied warranty of habitability. Did the landlord breach the implied warranty of habitability? Solow v. Wellner, 150 Misc.2d 642, 569 N.Y.S.2d 882, 1991 N.Y. Misc. 169 (Civil Court of the City of New York)
In: Operations Management
1.)
FIN3100 is expected to pay a dividend of $3.00 per share one year from today. FIN3100 required rate of return is rs = 7%. If the expected growth rate is 5%, at what price should the stock sell?
B.)FIN3100 just paid a dividend of $6.00, i.e., D0 = $6.00. The dividend is expected to grow by 100% during Year 1, by 50% during Year 2, and then at a constant rate of 7% thereafter. If Silva's required rate of return is rs = 12%, what is the value of the stock today?
C.) FIN3100 doesn't pay any dividends and it has no plans to pay dividends in the near future. The pension fund manager has estimated FIN3100's free cash flows for the next 3 years as follows: $2.2 million, $2.7 million, and $4.9 million. After the third year, free cash flow is projected to grow at a constant 6%. Calvert's WACC is 10%, the market value of its debt and preferred stock totals $11 million, and it has 2 million shares of common stock outstanding. What is an estimate of FIN3100's price per share?
In: Finance
You are studying a density-dependent elephant population that has the following relationships for the birth rate (b) and the death rate (d), as functions of N.
b=0.10+0.03N-0.0005N^2
d=0.20+0.01N
Plot these functions on the same graph (on a separate page). Using Excel can help you with this: plug into the equation a range of numbers for N from 1 to 60 or so elephants. How many equilibrium points are shown by your graph? You do not have to calculate the values of the equilibria, but indicate where they occur on the graph with arrows that show the population size at the equilibrium point(s) (2 points)
Stability is a quality of an equilibrium point such that when the population is perturbed away from that point, it will return to that equilibrium density. To determine the stability, predict what will happen when N is near, but not at, each equilibrium point and determine the trajectory of the population by comparing the relative magnitudes of b and d at your chosen points. Which one(s) of the equilibrium points are stable? Explain your reasoning. (2 points)
How does this model differ from the logistic growth equation? (1 point)
In: Biology
Ants on a Sandwich How many ants will climb on a piece of a peanut butter sandwich left on the ground near an ant hill? To study this, a student in Australia left a piece of a sandwich for several minutes, then covered it with a jar and counted the number of ants. He did this eight times, and the results are shown in Table 3.10. (In fact, he also conducted an experiment to see if there is a difference in number of ants based on the sandwich filling. The details of that experiment are given in Chapter 8, and the full dataset is in SandwichAnts.)42
Table3.10 Number of ants on a sandwich Number of ants 43 59 22 25 36 47 19 21
(a) Find the mean and standard deviation of the sample.
(b) Describe how we could use eight slips of paper to create one bootstrap statistic. Be specific.
(c) What do we expect to be the shape and center of the bootstrap distribution?
(d) What is the population parameter of interest? What is the best estimate for that parameter?
(e) A bootstrap distribution of 5000 bootstrap statistics gives a standard error of 4.85. Use the standard error to find and interpret a 95% confidence interval for the parameter defined in part (d).
In: Statistics and Probability
PART 1: The FEV1/VC ratio is clinically significant because it is an indicator of ["alveolar surface area", "airway resistance", "alveolar pressure", "respiratory rate"] . A healthy individual's FEV1/VC ratio is near ["50%", "80%", "90%", "100%"], while an individual with an obstructive lung disease will likely have a FEV1/VC ratio of less than ["50%", "80%", "90%", "100%"] because of a ["decrease in resistance", "merging", "dilation", "collapsing"] of the small airways.
PART 2: Tidal volume increased after exercise because CO2 production ["increased", "decreased"] owing to the increased metabolic rate of exercising skeletal muscle. This change in CO2 stimulated the ["peripheral", "central"] ["baroreceptors", "photoreceptors", "osmoreceptrs", "chemoreceptors"] resulting in ["faster", "slower"] and ["shallower", "deeper"] breathing. As a result of the tidal volume increasing, inspiratory and expiratory volumes both ["significantly increased", "significantly decreased", "did not significantly change"] while vital capacity ["significantly increased", "significantly decreased", "did not significantly change"]. Since total lung capacity is equal to the vital capacity plus residual volume (which is a constant), total lung capacity ["significantly increased", "significantly decreased", "did not significantly change"] .
In: Anatomy and Physiology
The Bank of Canada takes several measures to protect Canadian Economy. One of the tools Bank of Canada uses to adjust monetary policies is changing the interest rate. Increasing in interest rate would reduce how much Canadian borrow and spend. This will affect the housing market, as the increased interest rate means lower ability to borrow. A real estate advisor, however, thinks the Ottawa real estate market is hot and that an increase in interest rate would not lower the prices of houses. He assesses the likelihood of Bank of Canada’s action and its effect on house prices in Ottawa:
The likelihood of an increase in the average price of houses in Ottawa if the interest rate increases = 0.15
The likelihood of an increase in the average price of houses in Ottawa if the interest rate maintains the same level = 0.75
The chance of Bank of Canada’s maintaining the current interest rate = 0.65
We are certain that the Bank of Canada does not lower the interest rate in the near future. Bank of Canada believes to strengthen the Economy, the current interest rate should be maintained or increase. If you notice an increase in the price of houses, what probability do you assign to the event that Bank of Canada increased the interest rate?
In: Statistics and Probability
1. If you are examining microscopic sample taken from the digestive system and (at first glance) notice that duodenal glands are present BUT do not see goblet cells with sparse villi then ______________
A.you cannot confirm anything and should examine the tissue a second time.
B. you can confirm that you are viewing tissue taken from the stomach
C. you can confirm that you are viewing tissue taken from the large intestine
D. you can confirm you are viewing tissue taken from the duodenum
2. When examining tissue you need to be able to distinguish the difference between adventitia and serosa. One of the major ways to do this is by noting __________
These two structures are identical (within the digestive system). The only difference is the location where each is found
A. Adventitia dos not have mesothelium and serosa does
B. Adventitia is connective tissue that is not continuous with the surrounding tissues.
C. Serosa is thick relative to adventitia
D. The only area in the body with adventitia is the esaphogus.
3. Near the muscularis mucosae, the bases of the gastric glands contain fewer parietal cells but many more zymogenic chief cells.
A. True
B. False
In: Anatomy and Physiology
Assume that the common stock of Luther Industries is currently traded for 47 per share. The stock pays no dividends. A 3-month European call option on Luther with a strike price of £45 is currently traded for £7.45. The risk-free rate interest rate is 2% per year. Assume that you own common stock of Luther Industries, but you are concerned about a decline in its stock price in the near future.
a) Should you simply sell your holding? Why or why not?
b) Evaluate hedging the downside risk with options. What type of option should you use? Be specific, and show this strategy at maturity in a position diagram.
c) Suppose that put options on Luther Industries are not traded, but you want to have one. How could you achieve it? (Hint: design a strategy that uses a combination of financial securities)
d) Suppose that put options on Luther Industries stocks are traded. What noarbitrage price should a 3-month European put option on Luther Industries with an exercise price of £45 sell for?
e) What is the minimum profit of your portfolio after you purchase this put option?
In: Finance
Chad, a 22-year-old man with mild intellectual disability, has good verbal abilities and can eas- ily carry on a conversation and understand com- plex directions. Chad works in a factory. He does his job well, but he has been caught steal- ing from the other workers’ lockers. The prob- lem occurs at break or other times when he is near the lockers and no one else is around. At these times, he opens people’s lockers and takes cans of soda from them, or he takes change that he uses to buy a can of soda from the vending machine. He is going to lose his job if he does not stop stealing. When caught stealing, he says he is sorry and promises not to do it again, but the problem continues. Describe how you would conduct self-instructional training with Chad to help him stop stealing from other workers.
Describe other behavior modification procedures you would use in conjunction with self- instructions to help Chad stop stealing money and soda from other workers’ lockers.
In: Psychology
Need to write a program and part 1 of the program is to write an HTML code, here are the parameters, but I am new to HTML and I am confused as to how to write this.
1) HTML file shall:
- have your name(s)
somewhere near the top, as a comment.
- be a complete html
document with appropriate html tags.
- have 1 form with 2
parts, described as follows:
part 1:
- present (4) input fields named:
myin, myout, inamount, submit1
- myin and myout are free form text fields.
inamount is a real number.
submit1 is of type "submit", with a value of "Make it so".
- the 4 fields will be in an html table
that is 1 row by 4 columns
- you should use a table header for each column.
part 2:
- present (3) input fields named:
maybein, maybeout, submit2
- maybein and maybeout are free form text fields.
submit2 is of type "submit", with a value of "Is path?".
- the 3 fields will be in an html table
that is 1 row by 3 columns
- you should use a table header for each column.
IMPORTANT: this form
will have an "action" value of the CGI
file "universal.cgi". It shall use the
"method" of "GET".
In: Computer Science