4) Find IRR for following cash flows:
0_____1_____2_____3_____4
($100) $10 $10 $10 $110
a) use spreadsheet, make sure that you know the procedure
Show spreadsheet printout
b) use intuition: if initial cashflow is changed to (90) the IRR will be Higher/lower because _________________________________
Hint: Consider the impact of a higher discount rate on the PV of a given set of cash flows.
5) The Stated rate i=10% per year compounded semi-annually. TheEffective annual rate is __________%
a) use built-in calculator/Excel functions
b) use formula
6) Term structure:
Two year rate is i=5% per year
Three year rate is i=6% per year
Find the implied forward rate for the third year. i=_____%
7) Real rate, r = 5% inflation rate, P = 2%
a) Find thenominal rate (i) using approximate method, i.e. i = r+P i =______%
b) Find thenominal rate (i) using the exact method,
i.e. 1+ i = (1+r)*(1+P) i =_____%
8) Do problem 9 using r = 5% and P = 100%
a) i =_____% approximately
b) i =_____% using the exact method.
Note: Compare ‘a’ and ‘b’ in problems 8 and 9. The approximation isreasonable only when the rates are small.
In: Finance
Mallard Incorporated (MI) is a small manufacturing company that
makes model trains to sell to toy stores. It has a small service
department that repairs customers’ trains for a fee. The company
has been in business for five years. At the end of the previous
year, the accounting records reflected total assets of $520,000 and
total liabilities of $210,000. During the current year, the
following summarized events occurred:
Issued additional shares of common stock for $75,000 cash.
Borrowed $125,000 cash from the bank and signed a 10-year
note.
Built an addition on the buildings for $180,000 and paid cash to
the contractor.
Purchased equipment for the new addition for $37,500, paying $3,750
in cash and signing a note for the balance due in two years.
Returned a $3,750 piece of equipment, from (d), because it proved
to be defective; received a reduction of the notes payable.
Purchased a delivery truck (equipment) for $11,750; paid $8,225
cash and signed a two-year note for the remainder.
A stockholder sold $6,950 of his stock in Mallard Incorporated to
his neighbor.
Required:
1. Complete the spreadsheet that follows. The first transaction is
used as an example.
3. Based on beginning balances plus the completed spreadsheet,
provide the Total assets, liabilities and stockholders' equity at
the end of year.
4. As of the current year-end, has the financing for MI’s
investment in assets primarily come from liabilities or
stockholders’ equity?
In: Accounting
On December 3, 1999, a fire broke out in an abandoned cold storage warehouse in Worcester, Massachusetts (Figure 1-1). The large seven-story structure—actually two connected buildings—was built in the years preceding World War I. Since the structure had been used to process meat and store frozen foods, its interior surfaces were lined with asphalt-impregnated cork, supplemented in later years with polystyrene foam. In addition, the structure was essentially windowless, given the need to keep the interior cold. There was only a single exit from the upper floors. Arriving fire fighters began searching for the fire and people in the maze-like structure. The building was a known domicile for squatters; rumors of homeless people being trapped in the building surfaced during the early stages of the fire. As fire fighters operated in the building, conditions deteriorated rapidly. Two fire fighters became lost and began running low on air. They called for help, and succeeding sets of fire fighters began a frantic search for them. With conditions getting even worse, four additional fire fighters became lost in the building. The district chief in charge of interior operations made the decision to not allow any more fire fighters into the build- ing. He physic
1. How difficult was it for the district chief to decide to not allow any additional fire fighters into the building to search for their lost brother fire fighters?
In: Operations Management
Two species of rat were grown under controlled conditions for 16
days and the following weight gains (in grams) were obtained. If
the number is negative, it means the rat lost weight. (calculate
everything for this problem - do not use built in excel
formulas)
Species A -23 4 0 -18 7 32 -4 -2 Species B 21 38 20 24 24 58 16 -16
14 28 -5 25
a) Calculate a 95% confidence interval for each species mean b)
Calculate a 95% confidence interval for the difference of the means
between each species c) Test the hypothesis that species A has
gained no weight. d) Test the hypothesis that the means are equal
for both species. (Solve it, do not use Excel formulas) e) Based on
your results, describe the differences between the following
methods for comparing the samples, and assess whether each is an
effective method. Be specific in terms of what each method tells
you about these two samples (not just what the results are, but
what the method is actually examining to get those results). In
other words, which methods, if any, can be misleading, and why? 1)
Looking for overlap between the mean ± 1 standard deviation 2)
Looking for overlap between (mean ± SE) 3) Looking for overlap
between (mean ± 2SE) 4) Looking for overlap between the ranges 5)
Seeing if the 95% confidence interval of the difference of the
means includes 0.
In: Statistics and Probability
1. Services are considered property for purposes of Code Sec. 351. T or F
2. A loss in control shortly after transfer could cause a transaction to fail to qualify under Code Sec. 351. T or F
3. Shareholders will recognize gain on a capital contribution merely because they are minority shareholders. T or F
4. All liabilities transferred in a Code Sec. 351 exchange are treated as boot for purposes of gain recognition. T or F
5. Liabilities that would give rise to a deduction when paid are excluded when determining the amounts of liabilities assumed by a corporation. T or F
6. If property with a built-in loss is transferred to a corporation in a Code Sec. 351 transaction, then the corporation's basis in such property is limited to the property's fair market value. T or F
7. The corporation's holding period for a property received in a Code Sec. 351 transaction includes the holding period of the shareholder. T or F
8. The receipt of boot in a Code Sec. 351 transfer precludes any nonrecognition treatment. T or F
9. When a local government contributes property without a pre-approved plan to a corporation as an inducement, the fair market value of the property is included in gross income of the corporation. T or F
10. An advantage of a corporation issuing debt is that interest payments are ordinary income to the debt holder. T or F
In: Accounting
In a Risk Behavior Survey study on college students the following variables were observed:
Risk Behavior Variable:
Did not wear seatbelt while last time driving a car (0=Wear seatbelt, 1=Not wear seatbelt)
Risk Factor Variables:
The data is in the following address: http://gchang.people.ysu.edu/stat/log-YRB-18f.xls
(Do not use stepwise regression.)
[Paste the R logistic regression output containing parameter estimation information here!]
(Use the model built in question 2 for answering this question. Do not drop any variables.)
[Paste the R logistic regression output containing confidence interval of odds ratios here!]
In: Statistics and Probability
SHOW ALL WORK
The two companies below are simultaneously deciding to enter the same untapped retail market and opportunities look excellent. The only issue for each is the size of the store to be built. Expected payoffs in millions of dollars are below.
Big-Box
Small Medium Large
Small : 16,30 8,20 10,10
YMart:
Medium : 18,18 12,15 14, 8
large : 15,25 10,23 16, 20
As a simultaneous play game, (for parts A and B below)
(A) (4 pts) Which, if any, of the players has a dominant strategy?
ANSWER: ______________________
(B) (3 pts) If any Nash equilibria exist, identify them. If they are none, so state.
ANSWER: ____________________
(C) (3 pts) Now suppose instead of a simultaneous play game, Big-Box, because of better planning and foresight, had the advantage of going first and turning the competition into a sequential game, if it so chooses. However, to go first and credibly go first, Big-Box has to accelerate its construction plans. Because of union overtime provisions and other costs of acceleration, Big-Box would have additional costs of $1 million dollars if it announces and begins building. If it doesn’t choose to accelerate, it has no fear that Ymart will go first because Ymart’s acceleration costs are prohibitive of that strategy.
Should Big-Box go first? Why or why not? Clearly explain your reasoning.
In: Economics
Question 1: Write a program in C++ using multi filing which means 3 files ( main file, header file, and functions file) and attached screenshots as well. Attempt the Question completely which contain a and b parts
a) Write a program that takes a number from the user and checks whether the number entered validates the given format: “0322-5441576”, xxxx-xxxxxxx where “x” implies the digits only and first two digits are 0 and 3 respectively. The program also identifies the Network of the given number. (Use of string related functions is a must)
b) Write a program that takes a string from the user, identifies and counts all unique characters in that given string. You are bound to use only built-in string functions where necessary. For identification of unique characters and for counting of the characters make separate functions.
For character identification
Develop a program that takes a string argument, and returns an array containing all unique characters.
For character counting
Develop a program that takes an array returned from above function as an argument along with the given string and return an array containing the total count of each uniquely identified character present in the argument array.
Note: kindly write a proper code of program mention in Question and answer complete Question along with both parts and screenshots Thanks.....
In: Computer Science
Conduct and critically analyze compensation policy based on information below. You have been employed as the Chief Financial Advisor (CFA) for Safer Investment Corporation. You replace the former CFA as it was found he has not been generating the desired returns for the company and investors. You are managing an Endowment Fund and a Retirement Fund. Investors are looking to earn above-average returns on their investments. These investors have no insurance coverage and have not started to do any estate planning. The age distributions for the investors are as follows:
Age # of clients
28-30 425
31-50 775
51-65 300
65+ 175
Your salary is a combination of basic salary + commission. Commission is based on whether the company and investors achieve the desired return. The salary structure fits your profile as you have built up a reputation as being an aggressive financial advisor who seeks to make everyone happy at all costs.
Question: How will you construct this portfolio and why? Be practical and make use of the information that is available in your local market to gain insights on stocks, bonds, money and foreign exchange market, etc. Assume a country of your choice. What is the advantage and disadvantages of investing the funds in the selected country? Conduct a comprehensive analysis.
Can you also recommend any good books/pdf to get a better understanding of this?
In: Finance
1) A business analyst wants to know if there is a correlation in a sales person’s intelligence and the average weekly sales. The Excel spreadsheet list the data for a random selection of 15 sales persons. The intelligence is measured by an inventory each employee takes.
a)Create the scatterplot on your Excel Spreadsheet. Does it appear to be a positive linear correlation? Why or why not?
b)Fill out the necessary cells in the spreadsheet to calculate the correlation coefficient ?. Use both the formula in the formula sheet and the built-in CORREL function in Excel to check your work. List the value here: __________
c)Conduct a 7-step hypothesis test as outlined in the PowerPoint to determine if the population correlation coefficient ? is statistically significant with ? = 0.05?
d)From the result of your hypothesis test should there be a regression line? Why or why not?
e)Use Excel to calculate the coefficient of determination ? 2 . List it here: ___________________ What does the value you found for ? 2 say about the explained and unexplained variations? Write the appropriate sentences. Use slides 8-10 in the section 9.3 PowerPoint as your guide
x values. y values. n=15
| 89 | 2625 |
| 93 | 2700 |
| 91 | 3100 |
| 122 | 3150 |
| 115 | 3175 |
| 100 | 3100 |
| 98 | 2700 |
| 105 | 2475 |
| 112 | 3625 |
| 109 | 3525 |
| 130 | 3225 |
| 104 | 3450 |
| 104 | 2425 |
| 111 | 3025 |
| 97 | 3625 |
In: Statistics and Probability