Which of the following is an accurate description of statutory redemption?

a. A seller demands that a buyer in default pay the full amount of outstanding debt on a mortgaged property.

b. A buyer in default pays the full amount of outstanding debt on a mortgaged property, plus interest and the other associated costs, after the foreclosure sale.

c. A buyer in default purchases their property after a foreclosure sale for the full amount of the original purchase price only. The outstanding debt does not include any fees or costs incurred.

d. A buyer in default pays the full amount of outstanding debt on a mortgaged property, plus interest and other associated costs, before the property is sold by the lender.

You are a consultant to a large manufacturing corporation that is considering a project with the following net after-tax cash flows (in millions of dollars):

The project's beta is 1.1.

a. Assuming that r_f = 5% and E(r_M) = 10%, what is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)

b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Round your answer to 2 decimal places.)

The Common-Ion Effect and pH Buffers

1. Calculate the pH at 25°C of 1.00 L of a buffer that is 0.120 M HNO₂ and 0.150 M NaNO₂ before and after the addition of 1.00 mL of 12.0 M HCl.

pH Indicators and Acid–Base Titrations

2. A 25.0 mL sample of 0.100 M acetic acid is titrated with 0.125 M NaOH. Calculate the pH at 25°C of the titration mixture after 10.0, 20.0, and 30.0 mL of the base have been added.

Solubility Equilibria

3. pH of Milk of Magnesia What is the pH at 25°C of a saturated solution of magnesium hydroxide (the active ingredient in the antacid milk of magnesia)?

A population of capelin, a small forage fish, in the Arctic ocean displays two types of colors, black and olive green. In capelin, olive-green is dominant to black. A marine biologist notices changes in the Arctic population after some capelin from a North Atlantic population migrated to the Arctic ocean. Before the migration event, the allele frequency of the black color allele was 0.34 in the Arctic population. After the migration event, the frequency was 0.38. The marine biologist was able to determine that the frequency of the black allele in the North Atlantic population was 0.53. What proportion of individuals currently in the Arctic population migrated from the North Atlantic population in order to cause the change in allele frequency?

An object of mass m₁ = 0.435 kg starts from rest at point  and slides down an incline surface that makes an angle θ = 36.0°

with the horizontal as shown. The coefficient of kinetic friction between the object and the incline surface is 0.395. After sliding down a distance d = 5.60 m, it makes a perfectly inelastic collision with an object of mass m₂ = 0.650 kg at point .

a) Find the speed of m₁ at point  just before the collision.

(b) Find the energy loss during the collision. Enter the magnitude.

(c) After the collision, the objects travel on a horizontal surface with a kinetic coefficient of 0.405. How long does it take until the objects come to rest at point ?.

Under certain water​ conditions, the free chlorine​ (hypochlorous acid,​ HOCl) in a swimming pool decomposes according to the law of uninhibited decay. After shocking a​ pool, the pool​ boy, Geoff, tested the water and found the amount of free chlorine to be 2.4 parts per million​ (ppm). ​ Twenty-four hours​ later, Geoff tested the water again and found the amount of free chlorine to be 2.1 ppm. What will be the reading after 2 days​ (that is, 48 ​hours)? When the chlorine level reaches 1.0​ ppm, Geoff must shock the pool again. How long can Geoff go before he must shock the pool​ again?

You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars).

The project's beta is 1.5. Assuming rf = 4% and E(rm) = 12%

a. What is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places)

b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Do not round intermediate calculations. Round your answer to 2 decimal places).

2. You are presently selling 500 cups of coffee per day at $1.200 per cup. You want to increase sales by dropping the price to $0.80 per cup. The Price Elasticity of Demand is -2.4.

1. What is your expected new level of sales?
2. Compare Total Revenue before and after the change in price.
3. How would you characterize this product?

3. A deli across the street drops the price of their coffee from $1.50 per cup to $1.25 per cup. The Cross Price Elasticity of Demand is 1.2. Using your answer from question 2 above as a starting point, determine your sales volume after the price reduction by the deli.

A firm is examining some alternatives to invest their money. All the alternatives have the same useful life, 10 years. The interest rate is 7% and the firm has a flat tax rate of 31%. The options are summarized in the following table.

What is the after-tax IRR for project A?

What is the after-tax NPV for project B?

What is the before-tax NPV for project C?

Remember to answer using one of the following forms: 99.99 or 99.99%

Suppose the Central Bank conducts an open market purchase.

a) Show the effects of this on the bond market and money market by drawing a supply and demand diagram for each. Assume the liquidity effect is the only effect.

b) Looking at your diagram, immediately after the open market purchase (i.e. after the shifts you drew in the diagram but before the markets are at the new equilibria) would there be excess demand or excess supply in the money market and the bond market? Briefly explain.

c) Suppose in addition to the liquidity effect, there is a price level effect in this market. Briefly explain how the open market purchase would eventually affect the money market due to the price level effect