1. Which of the following is the major advantage of term insurance relative to life insurance policies like whole life and universal life that build up cash values?
a. No need for a physical examination when renewing
b. Constant price across a person's lifetime
c. Readily convertible to cash
d. Provides a greater choice of investments
e. Has lower initial premiums
2.Which of the following betas probably indicates a speculative stock that is more risky and volatile than a broad market index of similar investments?a
a. -1.0
b. 0
c. 0.5
d. 1.0
e. 2.0
3. Changes in the value (or price) of a bond correspond most closely to changes in which of the following economy-wide factors
a. Unemployment rate
b. Interest rates
c. Balance of trade with foreign countries
d. Federal budget surplus or deficit
e. Control of Congress by Democrats or Republicans
In: Finance
As an independent governmental agency, the Bank of Canada is in charge of implementing monetary policies to achieve its major objectives. What are those objectives, and what policy tools does the Bank exercise to meet them? Explain the transition mechanisms through which changes in policy variables affect the economy. (You are welcome to “chose” the state of the economy – slumping or fast growing with a threat of inflation, and progress your policy recommendations and analysis based on your scenario. You should mention how you understand contractionary/expansionary monetary policies, the tools in the hand of the Central Banks to use, methods (OMO, inflation targeting, interest rate setting, etc. as well as the channels those changes may impact the economic indicators such as GDP, unemployment and inflation. You do not need to discuss all possible transmission mechanisms channels, just stick with one that you think is the most plausible and develop your logic.)
In: Economics
True or false
1. the control function gathers feedback to ensure that plans are being followed.
2. when the benefits of a potential decision are greater than the cost, the decision should usually be made.
3. decision making involves making a selection among competing alternatives
4.period cost involve direct: materials, director labor, and manifacturing overhead.
5. a good example of a cost diverter production labor wages is the number of machine hours
6. a fixed cost changes in direct proportion to changes in a cost driver .
7. the income statement can be expressed as sales - variable expenses fixed expense = net operating income
8. CM is used first to cover fixed expenses . any remaining CM contributes in net operating income
9. committed fixed cost are long-term and cannot be significantly reduced in the short term.
1o. in the mixed-cost equation: y=a+bx, the a is the slope
In: Accounting
written and graphical analysis of the Covid outbreak in terms of Aggregate Supply and Demand. Specifically, - Is the pandemic a supply shock or demand shock? Why? (You can tell by the changes in prices, employment, and GDP) - If the economy self-corrects over time, what would happen to the above variables? Why? (Discuss how SRAS would change) - Has there been a permanent change in the economy's natural level of output / potential GDP? (i.e., has the LRAS curve shifted and why? Note that if LRAS changes along with the shock, there may not be a self-correction) - Are there Keynesian (sticky price) factors that would hinder self-correction? - What types of economic policies do you recommend? Fiscal or monetary? Expansionary or contractionary? Why? Include 1) AS/AD graph(s) that support the argument and 2) at least two cited references to economic data (GDP, unemployment rate, inflation rate, etc.) that would support your argument
In: Economics
Present and Future Values of Single Cash Flows for Different Interest Rates
Use both the TVM equations and a financial calculator to find the following values. Round your answers to the nearest cent. (Hint: Using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.)
An initial $300 compounded for 10 years at 5.4 percent.
$
An initial $300 compounded for 10 years at 10.8 percent.
$
The present value of $300 due in 10 years at a 5.4 percent
discount rate.
$
The present value of $300 due in 10 years at a 10.8 percent
discount rate.
$
In: Accounting
Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7%.
Find the bond price.
If the market interest rates decrease by .5% per year (i.e. YTM becomes 6.5%). Use duration formula to find how such interest rate change will affect the bond price?
Find the new bond price using a financial calculator.
Compare actual and duration predicted bond price changes.
Which change is larger? What role does bond price convexity play here?
If the market interest rates decrease by .5% per year (i.e. YTM becomes 6.5%).
Use the duration formula to find how such interest rate change will affect the bond price?
Find the new bond price?
Compare actual and duration predicted bond price changes. Which change is larger? What role does bond price convexity play here?
In: Finance
Consider a Carnot-cycle heat pump with R-410a as the working fluid. Heat is rejected from the R410a at 35 oC, during which process the R-410a changes from saturated vapor to saturated liquid. The heat is transferred to the R-410a at 0 oC. The specific volume during the isothermal heat addition process at 0 oC changes from 0.00841 m3 /kg to 0.02994 m3 /kg.
a. Show the cycle on P-T, P-v, and T-v diagrams.
b. Find the quality at the beginning and at the end of the isothermal heat addition process at 0 oC.
c. Find the pressure and specific volume at the four points.
d. Find the specific heat and specific work at each process.
e. Find the net specific heat and the net specific work during the cycle.
f. Determine the COP of the cycle using heat and work.
g. Determine the COP of the cycle using temperatures.
In: Mechanical Engineering
An experiment was conducted in laying hens to examine the
in
uence of several hormones on biliary secretionsin laying hens.
White leghorn hens were surgically
tted with cannulas for collecting secretions and a jugular cannula
for continuous
infusion of the hormones under investigation. One trial per day was
conducted on
each hen, as long as her implanted cannulas remained functional.
Each trial began
with an infusion of saline for 20mins, after which biliary
secretions were collected
and new vials attached to the cannulas. Infusion of a hormone was
then begun and
continued for 40mins. Measurement of secretion levels was then
repeated. The le
\A2Q3.txt" contains data for two di erent hormones. The variables
\Bilsecpr" and
\Bilsecpt" contain the pre- and post- hormone treatment
measurements. Are there
significant changes in secretion rates with any of the hormones?
Compare also the
changes in secretion rate between the two hormones and comment on
your findings.
What type of test to use, assumptions and hypothesis with the selected test?
In: Statistics and Probability
In: Accounting
Present and Future Values of Single Cash Flows for Different Interest Rates
Use both the TVM equations and a financial calculator to find the following values. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.
An initial $200 compounded for 10 years at 5%.
$ __________
An initial $200 compounded for 10 years at 10%.
$ _________-
The present value of $200 due in 10 years at a 5% discount rate.
$ ___________
The present value of $200 due in 10 years at a 10% discount rate.
$ _______
In: Finance