Assume that you are nearing graduation and that you have applied for a job with a local bank. As part of the bank’s evaluation process, you have been asked to take an examination that covers several financial analysis techniques. The first section of the test addresses time value of money analysis. See how you would do by answering the following questions: Questions: (1) What is the future value of an initial $100 after three years if it is invested in an account paying 10% annual interest? (2) What is the present value of $100 to be received in three years if the appropriate interest rate is 10% per year? What is the difference between an ordinary annuity and an annuity due? What type of annuity is shown in the following cash flow time line? How would you change it to the other type of annuity? (1) What is the future value of a 3-year ordinary annuity of $100 if the appropriate interest rate is 10%? (2) What is the present value of the annuity? (3) What would the future and present values be if the annuity were an annuity due? (1) Define the stated, or quoted, or simple, rate, (rSIMPLE), annual percentage rate (APR), the periodic rate (rPER), and the effective annual rate (rEAR). (2) What is the effective annual rate for a simple rate of 10%, compounded semiannually? Compounded quarterly? Compounded daily? (1) Construct an amortization schedule for a $1,000 loan that has a 10%annual interest rate that is repaid in three equal installments.
In: Finance
Just Rewrite This Paragraph So I can't find Palarsism (Typing Only)
One of the important aspects of trading costs is price impact. It is measured as ? and a higher value indicates a stronger impact on the price from trading. The regressions made in STATA has provided values for ? that will be discussed below.
Table 1 shows us that the price impact from trading volume is virtually zero if we are considering the net buy volume for both companies. This means that the sheer volume of trading does not impact the price. However, Table 2 has different results. The direction of trading has an impact, particularly for HM B where the difference in midpoint price has a positive correlation with the active side conducting the trading. However, the impact is significantly smaller for COA, which is a small cap traded stock.
HM B have significantly higher volumes of trades compared to COA with the largest trade landing on approx 100 000. It also has a much lower percentage fluctuation in stock price (1.5% compared to 31%) . Thus, one can conclude that HM B has a higher liquidity which means that larger quantities of shares can be traded without impacting the price.[1] However, the low value of lambda indicates that COA also have a high liquidity.[2] The higher ? for HM B can also be explained as an indication of informed trading as probably more information is available for HM B than COA.[3]
To analyse trading costs, the bid-ask spread becomes important. As the bid-ask spread is higher, the total trading costs increases.[4] Since we only have the transaction data, the spread will have to be approximated as the difference between NBB and NBO. To normalize the spread, it is divided by the midpoint value of that minute. Taking the average for all the minutes for HM B and COA, it results in the following.
In: Economics
Some firms eventually experience problems with their capacity to produce output as their output levels increase. For these firms,
| a. |
supply is less elastic at low levels of output and more elastic at high levels of output. |
|
| b. |
market power is substantial. |
|
| c. |
supply is more elastic at low levels of output and less elastic at high levels of output. |
|
| d. |
supply is perfectly inelastic. |
1 points
QUESTION 2
Scenario 5-4
Milk has an inelastic demand, and beef has an elastic demand.
Suppose that a mysterious increase in bovine infertility decreases
both the population of dairy cows and the population of beef cattle
by 50 percent.
Refer to Scenario 5-4. Total consumer spending on milk will
| a. |
increase, and total consumer spending on beef will increase. |
|
| b. |
decrease, and total consumer spending on beef will increase. |
|
| c. |
increase, and total consumer spending on beef will decrease. |
|
| d. |
decrease, and total consumer spending on beef will decrease. |
1 points
QUESTION 3
The price elasticity of demand for a good is computed to be approximately 2. Which of the following events is consistent with a 0.1 percent increase in the price of the good?
| a. |
The quantity of the good demanded decreases from 200 to 100. |
|
| b. |
The quantity of the good demanded decreases from 250 to 150. |
|
| c. |
The quantity of the good demanded decreases by 0.05 percent. |
|
| d. |
The quantity of the good demanded decreases by 0.2 percent. |
1 points
QUESTION 4
Using the midpoint method, the price elasticity of demand for a good is computed to be approximately 0.75. Which of the following events is consistent with a 10 percent decrease in the quantity of the good demanded?
| a. |
an increase in the price of the good from $10 to $17.50 |
|
| b. |
a 13.33 percent increase in the price of the good |
|
| c. |
an increase in the price of the good from $7.50 to $10 |
|
| d. |
a 7.5 increase in the price of the good |
In: Economics
In: Nursing
In: Nursing
Which of the following is not a method commonly used for establishing transfer prices?
a. Cost-based transfer price.
b. Negotiated price.
c. Market-based transfer price.
d. Industrywide transfer price.
In: Advanced Math
Create a Java program which includes the following:
Uses a random value as well as manipulates string and character objects in order to make an SS# (xxx-xx-xxxx).
First 3 Numbers: Create a three digit random integer named FirstThree in the range of 100- 999. (10 Points)
Second 2 Numbers: Create a two digit number named SecondTwo by using FirstThree as follows: (10 Points)
If FirstThree is 550 or less then create a 2 digit string using the name StringFirstThree from the first 2 digits of FirstThree otherwise create a 2 digit string named StringFirstThree using the last 2 digits of FirstThree.
Last 4 Numbers: Use the user’s name to generate a four place number string as follows: (10 Points)
Ask the user to enter their first name. Change their input to uppercase and find the length named FirstNameLength. If the length is less than 10 then add a 0 in front of the number and call it FirstLastTwo.
Ask the user for their last name. Change their input to uppercase and find the length named LastNameLength. If the length is less than 10, then add a 0 after the number and call it SecondLastTwo.
Combine FirstLastTwo and SecondLastTwo into a string named LastFour.
SSN: Create a string named YourSSN that combines StringFirstThree, SecondTwo and
LastFour with dashes where the output is like this 123-45-9884. (10 Points)
Output: Tell the user their new SS number. (10 Points)
In: Other
On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9.
|
Inventory |
Inventory |
Cost per |
Market Value per Unit |
|
| Birch | 18 | $69 | $82 | |
| Cypress | 34 | 173 | 172 | |
| Mountain Ash | 36 | 217 | 225 | |
| Spruce | 21 | 260 | 237 | |
| Willow | 22 | 281 | 265 |
| Inventory at the Lower of Cost or Market | |||
| Inventory Item | Total Cost | Total Market | Total Lower of C or M |
| Birch | $ | $ | $ |
| Cypress | |||
| Mountain Ash | |||
| Spruce | |||
| Willow | |||
| Total | $ | $ | $ |
Periodic Inventory by Three Methods; Cost of Merchandise Sold
The units of an item available for sale during the year were as follows:
| Jan. 1 | Inventory | 40 units @ $100 |
| Mar. 10 | Purchase | 70 units @ $108 |
| Aug. 30 | Purchase | 20 units @ $112 |
| Dec. 12 | Purchase | 70 units @ $116 |
There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.
Determine the inventory cost and the cost of merchandise sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.
| Cost of Merchandise Inventory and Cost of Merchandise Sold | ||
| Inventory Method | Merchandise Inventory | Merchandise Sold |
| First-in, first-out (FIFO) | $ | $ |
| Last-in, first-out (LIFO) | ||
| Weighted average cost | ||
In: Accounting
Partial Permutations
Find the number of 7-character (capital letter or digit) license plates possible if no character can repeat and: a) there are no further restrictions, b) the first 3 characters are letters and the last 4 are numbers, c) letters and numbers alternate, for example A3B9D7Q or 0Z3Q4A9
Combinations
A standard 52-card deck consists of 4 suits and 13 ranks. Find the number of 5-card hands where: a) any hand is allowed (namely the number of different hands) b) all five cards are of same suit c) all four suits are present d) all cards are of distinct ranks
Distribution Types
1) Which of the following sample spaces are uniform?
a) {land,sea} for a randomly point on a globe b) {odd, even} for a random integer from {1,2,. . . ,100} c) {leap year, non-leap year} for a random year before 2019 d) {two he{distance to origin} for a random point in {−3, −1, 1, 3} × {−4, −2, 2, 4} e) lads, two tails, one head and one tail} when flipping two fair coin
Inequalities
.in any uniform probability space: a) ?⊇? ⟶ ?(?)≥?(?) b) ?(?)≥?(?) ⟶ ?⊇? c) |?|≥|?| ⟶ ?(?)≥?(?) d) ?(?)≥?(?) ⟶ |?|≥|?|
Conditional Probability
Three fair coins are sequentially tossed. Find the probability that all are heads if: a) the first is tails b) the first is heads c) at least one is heads.
In: Statistics and Probability
Quinine, C20H24N2O2, occurs naturally in the bark of the cinchona tree and was the first effective treatment for malaria. It is a diprotic base with Kb values of (the acidic protons are shown in red) C20H24N2O2 + H2O HC20H24N2O2+ + OH- Kb2 = 1.0 × 10-6 HC20H24N2O2+ + H2O H2C20H24N2O22+ + OH- Kb1 = 1.58 × 10-10
a) The recommended IV dose of quinine is 0.800 g/kg, that is, 0.800 g of quinine per 1 kg of water. If we assume that the density of the solution is 1.00 g/mL, what is the pH of this solution? The molar mass of quinine is 324.412 g/mol. For simplicity, abbreviate C20H24N2O2 as Q.
b) 100 mL of the solution from part a is then titrated with a solution of 0.010 M HCl. How many mL of HCl solution is required to reach the first equivalence point?
c) What is the pH at the first equivalence point?
d) What is the pH when 32.00 mL of HCl has been added?
e) What is the pH at the second equivalence point?
f) Quantitatively draw the resulting titration curve on the axes below. Be sure to label both axes, equivalence points and buffer regions. Be as accurate as use can and make use of your results for parts a-e. g) The pH in the stomach is often quite low, between 2 and 3. What species of quinine is predominant at a pH of 2.5?
h) The pH of blood is buffered at 7.4. What species of quinine is predominant at this pH?
In: Chemistry