Questions
Find IRR for following cash flows:

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...

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

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?

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...

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...

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:

                            

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:

  • Sex   (0=Female, 1=Male)
  • Race   (1=White, 2=Black, 3=Other)
  • Live on campus   (0=Off Campus, 1=On Campus)

The data is in the following address:    http://gchang.people.ysu.edu/stat/log-YRB-18f.xls

(Do not use stepwise regression.)

  1. Report the raw odds ratios of not wearing seatbelt for
  1. Male versus Female and,
  2. White race versus Other race, and
  3. Lived On Campus versus Off Campus.

 

  1. Use multiple logistic regression (logistic regression using multiple explanatory variables) to find the significant factor(s) that affects whether students wearing seatbelt or not. (Use all risk factor variables to build the regression model. Do not drop any variables.)

[Paste the R logistic regression output containing parameter estimation information here!]

  1. Report the adjusted odds ratios of not wearing seatbelt for
  1. Male versus Female and,
  2. White race versus Other race, and
  3. Lived On Campus versus Off Campus.

(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...

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...

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...

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...

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