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.

Using the Stages of Change Behavior Theory, what is this patient’s current stage now?

Here is your (discrete) data 108 83 93 118 88 58 88 65 113 103 119 101 91 92 95 86 85 73 94 61 121 71 116 78 114 119 118 131 41 70 68 98 202 155 41 93 78 96 93 110 100 61 98 39 94 86 108 75 64 50 90 123 109 69 118 85 102 86 153 109 89 134 80 104 96 129 48 81 102 31 97 130 98 105 109 77 113 62 80 99 First, sort the data. Second, build a GFDT for this table with a classwidth of 15. (Be sure your lower class limits are multiples of the classwidth.) Next, answer the following questions about the data set: 1. What is the first lower class limit in your GFDT (given the classwidth of 15)? 2. Express the fourth class as a closed interval, i.e., [ a , b ] [a,b] . 3. Give the frequency for the fourth class. 4. What is the (arithmetic) mean for this data (report accurate to one decimal place)? 5. Using the GFDT, what is the mode for this data set (Hint: Create the Frequency table first, then determine the class with the highst frequency. The mode is the middle of that class, that is (Upper class limit+Lower class Limit)/2)? Another hint ([90,104]is the class with the highest frequency) 6. What is the standard deviation for this data (report accurate to two decimal places)? 7. What is the five number summary for this data set (separate numbers with a comma)? 8. What is the IQR? 9. What usual score (i.e., non-outlier) has the largest positive z-score less than z = 2 z=2 ? (Give the data value, not the z-score.) 10. Give the fences---this would suggest something other than z-scores---for the mild outliers at the maximal end of the data set; report as a closed interval, i.e., [upper mild fence, upper extreme fence](Hint: UMF=Q3+1.5*IQR, UEF=Q3+3*IQR)

XYZ Company has 40% debt 60% equity as optimal capital structure. The nominal interest rate for the company is 12% up to $5 million debt, above which interest rate rises to 14%. Expected net income for the year is $17,5 million, dividend payout ratio is 45%, last dividend distributed was $4,5/share, P0 = $37, g=5%, flotation costs 10% and corporate tax rate is 40%.

a. Find the break points

b. Calculate component costs (cost of each financing source)

c. Calculate WACCs.

d. Two projects are available:

1st. Project requires 15 million initial investments, IRR=18%

2nd. Project requires 10 million initial investments, IRR=12%

Please find the optimal capital budget. (Project(s) to be invested in)   

Olsen Outfitters Inc. believes that its optimal capital structure consists of 60% common equity and 40% debt, and its tax rate is 40%. Olsen must raise additional capital to fund its upcoming expansion. The firm will have $3 million of retained earnings with a cost of r_s = 12%. New common stock in an amount up to $9 million would have a cost of r_e = 15.0%. Furthermore, Olsen can raise up to $4 million of debt at an interest rate of r_d = 11% and an additional $5 million of debt at r_d = 15%. The CFO estimates that a proposed expansion would require an investment of $8.2 million. What is the WACC for the last dollar raised to complete the expansion? Round your answer to two decimal places.

Olsen Outfitters Inc. believes that its optimal capital structure consists of 60% common equity and 40% debt, and its tax rate is 40%. Olsen must raise additional capital to fund its upcoming expansion. The firm will have $3 million of retained earnings with a cost of rs = 12%. New common stock in an amount up to $10 million would have a cost of re = 16%. Furthermore, Olsen can raise up to $3 million of debt at an interest rate of rd = 10% and an additional $3 million of debt at rd = 12%. The CFO estimates that a proposed expansion would require an investment of $7.2 million. What is the WACC for the last dollar raised to complete the expansion? Round your answer to two decimal places.

ELN Waste Management has a subsidiary that disposes of hazardous waste and a subsidiary that collects and disposes of residential garbage. Information related to the two subsidiaries follows:

A. Calculate the ROI for both subsidiaries

B. Calculate the EVA for both subsidiaries. Note that since no adjustments for accounting distortions are being made, EVA is equivalent to residual income.

C. Which subsidiary has added the most to shareholder value in the last year?

D. Based on the limited information, which subsidiary is the best candidate for expansion? Explain.

XYZ Company has 40% debt 60% equity as optimal capital structure. The nominal interest rate for the company is 12% up to $5 million debt, above which interest rate rises to 14%. Expected net income for the year is $17,5 million, dividend payout ratio is 45%, last dividend distributed was $4,5/share, P0 = $37, g=5%, flotation costs 10% and corporate tax rate is 40%.

a. Find the break points

b. Calculate component costs (cost of each financing source)

c. Calculate WACCs.

d. Two projects are available:

1st. Project requires 15 million initial investments, IRR=18%

2nd. Project requires 10 million initial investments, IRR=12%

Please find the optimal capital budget. (Project(s) to be invested in)   

A professor has constructed a 3-by-4 two-dimensional array of float numbers. This array currently contains the lab grades, quiz grades and exam grades of three students in the professor’s class. Write a C++ program that calculate the final grade for each student and save it to the last column. You program should display the following output:             Lab    Quiz      Exam       Final    

Student 1          ## ## ## ##

Student 2          ## ## ## ##

Student 3          ## ## ## ##

The final grade consists of 30% lab grade, 30% quiz grade and 40% exam. For example, if lab grade is 95, quiz grade is 82 and exam grade is 87, the final grade is equal to 95∗0.3+82∗0.3+87∗0.4. Use random numbers between 40 and 100 for lab, quiz and exam grades.

Olsen Outfitters Inc. believes that its optimal capital structure consists of 60% common equity and 40% debt, and its tax rate is 40%. Olsen must raise additional capital to fund its upcoming expansion. The firm will have $3 million of retained earnings with a cost of rs = 12%. New common stock in an amount up to $6 million would have a cost of re = 15%. Furthermore, Olsen can raise up to $4 million of debt at an interest rate of rd = 10% and an additional $3 million of debt at rd = 11%. The CFO estimates that a proposed expansion would require an investment of $5.3 million. What is the WACC for the last dollar raised to complete the expansion? Round your answer to two decimal places.

Problem 1
There is no need for government intervention when positive externalities are present because no one is being harmed”. Discuss the validity of this statement.

Problem 2
Evaluate the following statement:
The only amount of acceptable pollution is no pollution at all

Problem 3

Following are marginal abatement costs of three firms, related to the quantity of emissions. Each firm is now emitting 10 tons/week, so total emissions are 30 tons/week. Suppose we wish to reduce total emissions by 50 percent, to 15 tons per week.
Compare the total costs of doing this:
(a) With an equiproportionate decrease in emissions
(b) With a decrease that meets the equimarginal principle