A 24- year old female was admitted to the hospital complaining of having a repeated episode of severe abdominal pain with bloody diarrhea up to 20 times/day for the past 2 days.
NOTE: (Please provide answers based on while diagnosis the patient-facing Chronic Stress)
In: Nursing
A five-year bond with a yield of 11% (continuously compounded) pays an 8% coupon at the end of each year. a) What is the bond’s price? b) What is the bond’s duration? c) Use the duration to calculate the effect on the bond’s price of a 0.2% decrease in its yield. d) Recalculate the bond’s price on the basis of a 10.8% per annum yield and verify that the result is in agreement with your answer to (c).
**Can you please explain step by step on how to do this question*** and please show formulas used so I can understand how to do it on my own. thank you.
In: Finance
A risky stock is currently trading at $100 and its market value a year later will be either $200 (if certain projects go well for the corporation) or $50 (if things turn out bad for those important projects). There is a one-year zero-coupon bond available with a par value $100 that currently trades for $90. Can you create a portfolio of the stock and the bond that will replicate the payoff of a call option on the stock with strike $100 and expiry in 1 year? Then, can you price the call? Explain carefully how will you do all this.
In: Finance
Cordia Corporation is planning a 15 year project with an initial investment of $2,500,000.
The project will have $400,000 cash inflows per year in years 1-5 ;
$200,000 cash inflows in years 6-10, and
$40,000 cash inflows in years 11-15.
a) Determine this project's intemal rate of return.
b) If Cordia's opportunity cost of capital is 8%, should they accept or reject this project?
c) Explain your reason for your decision in part (b).
In: Finance
On January 15th 2019 A and B agreed on a 1 year swap with quarterly settlement and the swap rate at 7% p.a. on notional principal of $1m. A is the payer. The floating rate was set at BBSW which was 8% p.a. on January 15, 8.5% in April, 7% in July, 6.5% in October and 5% in January 2020. Calculate the swap cash settlements between the two parties
In: Finance
The net income reported on the income statement for the current year was $361,300. Depreciation recorded on store equipment for the year amounted to $15,520. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:
End of Year
Beginning of Year
Cash
$40,180
$40,070
Accounts receivable (net)
30,070
28,060
Merchandise inventory
40,390
45,420
Prepaid expenses
3,470
4,840
Accounts payable (merchandise creditors)
38,610
37,710
Wages payable
20,330
24,800
Required:
A.
Prepare the Cash Flows from Operating Activities section of the statement of cash flows <javascript:void(0)>, using the indirect method. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.
B.
Briefly explain why net cash flow from operating activities is different from net income.
In: Accounting
The current price of a 10-year U.S. Treasury Bond with 5 years to maturity and a 4% coupon is $1,180. Assuming the usual maturity value of $1,000 and semi-annual coupon payments, what is the Yield to Maturity (YTM) for this bond
In: Finance
At the end of year 1, Tony had a tax basis of $40,000 in Tall Ladders, Limited Partnership. Tony has a 20 percent profits interest in Tall Ladders. For year 2, Tall Ladders will pay Tony a $10,000 guaranteed payment for extra services he provides to the partnership. Given the following Income Statement and Balance Sheet from Tall Ladders, what is Tony's adjusted tax basis at the end of year 2? (Show all work) (This is all income provided)
|
TALL LADDERS, LP |
||||
|
Income Statement Year 2 |
||||
|
Sales |
65,000 |
|||
|
COGS |
(47,000 |
) |
||
|
Gross Profit |
18,000 |
|||
|
Interest Income |
3,000 |
|||
|
Dividends |
5,000 |
|||
|
Long Term Capital Gain |
10,000 |
|||
|
Other Income |
15,000 |
|||
|
Total Other Income |
33,000 |
|||
|
MACRS Depreciation |
(20,000 |
) |
||
|
Guaranteed Payments |
(10,000 |
) |
||
|
Charitable Contribution |
(10,000 |
) |
||
|
Fines and Penalties |
(4,500 |
) |
||
|
Other Expenses |
(8,500 |
) |
||
|
Total other Expenses |
(53,000 |
) |
||
|
Net Income (Loss) |
(2,000 |
) |
||
|
TALL LADDERS, LP |
||
|
Balance Sheet |
||
|
Year 1 |
Year 2 |
|
|
Assets |
120,000 |
270,000 |
|
Nonrecourse Liabilities |
50,000 |
180,000 |
|
Partner's Capital |
70,000 |
90,000 |
In: Accounting
Q1 For this question, assume that expected inflation this year is equal to past year's inflation. Also assume that the unemployment rate has been equal to the natural rate of unemployment for some time. Given this information, we know that:
A. the rate of inflation should be zero.
B. the rate of inflation should neither increase nor decrease.
C. the rate of inflation should steadily increase.
D. the rate of inflation should steadily decrease.
E. the natural rate of unemployment should steadily decrease.
Q2 Which of the following will likely cause an increase in output per worker?
A. an increase in education expenditures
B. an increase in the saving rate
C. an increase in on-the-job training
D. all of the above
Q3 Which of the following will reduce the inflation rate in the medium run?
A. a permanent reduction in the price of oil
B. a large budget surplus
C. a permanent reduction in inflation target
D. all of the above
E. none of the above
In: Economics
During an audit of the inventory records of Winthrop Ltd for the year ended June 30, 2019, the auditor discovered that the ending inventory balance was overvalued by $180,000. On further investigation, it was discovered that the ending inventory for the previous year was correctly counted and valued, but that the inventory balance as at June 30, 2017, was undervalued by $500,000. Spurred on by the concern for errors undetected in previous periods, a thorough investigation was carried out as to the inventory values shown in the company’s financial statements during its five-year history. The following additional errors were detected.
Required:
Marks: 19
Under-valuations must be shown in brackets.
|
2015 |
2016 |
2017 |
2018 |
2019 |
|
|
Beginning inventory |
$ |
$ |
$ |
$ |
$ |
|
Ending inventory |
$ |
$ |
$ |
$ |
$ |
|
Cost of Sales |
$ |
$ |
$ |
$ |
$ |
|
Profit |
$ |
$ |
$ |
$ |
$ |
Marks: 10
|
Year |
Overstatement or understatement? |
Value of the effect on retained earnings |
|
June 30, 2015 |
$ |
|
|
June 30, 2016 |
$ |
|
|
June 30, 2017 |
$ |
|
|
June 30, 2018 |
$ |
|
|
June 30, 2019 |
$ |
In: Accounting