Adjusted WACC. Thorpe and Company is currently an​ all-equity firm. It has three million shares selling for $22 per share. Its beta is 0.7​, and the current​ risk-free rate is 2.3​%. The expected return on the market for the coming year is 10.6​%. Thorpe will sell corporate bonds for $22,000,000 and retire common stock with the proceeds. The bonds are​ twenty-year semiannual bonds with a 9.3​% coupon rate and 1,000 par value. The bonds are currently selling for $923.83 per bond. When the bonds are​ sold, the beta of the company will increase to 0.9.

What was the WACC of Thorpe and Company before the bond​ sale? What is the adjusted WACC of Thorpe and Company after the bond sale if the corporate tax rate is 15 %​?

Hint​: The weight of equity before selling the bond is​ 100%.

1. Let W represent a team's win total. Suppose that Major League Baseball instituted a subsidy, S, which is given by S = 0 when W < 90, and is determined by the formula S = 10, 000W when W ≥ 90. Before the subsidy was introduced, the prot-maximizing Detroit Tigers aimed to win 85 games, and the win-maximizing Seattle Mariners aimed to win 95 games. (a) Assuming that the two teams have identical marginal revenue curves, draw a graph that shows MC, MR, and both teams' win totals before the subsidy was introduced. (b) Draw a graph showing the changes that occur due to the introduction of the subsidy. Assume that the subsidy aects MR. (c) How do the win totals change after the subsidy is introduced?

Assignment 3 Question: A 1 m3 rigid tank has propane at 100 kPa and 300 K. The tank is connected to another 0.5 m3 rigid tank which has propane at 250 kPa and 400 K by a ball valve. The valve is opened and both tanks come to a uniform state at 325 K. 1- State all assumptions you need to solve the problem. 2- Calculate the final pressure of propane in both tanks? 3- Calculate the mass of propane before and after opening the valve in each tank. 4- Sketch the process on a P-V diagram. 5- Find the compressibility factor of propane in each tank before opening the valve. 6- Calculate the change in internal energy and enthalpy of propane in each tank.

Imagine This

Larry Burton and his wife Marjorie want to have a baby; however, after several years of trying, Marjorie has not been able to get pregnant. One of Marjorie's friends suggested the try in vitro fertilization (IVF), because she was successful in having a child with this method. "isn't that expensive" ? Marjorie asked. "oh our insurance paid for 80% of the cost,'' her friend responded. What might Larry and Marjorie consider as fa as insurance coverage before undergoing IVF?

Your initial post must be at least 100 words or more.

1. What is IVF

2. What 2 types of concerns or questions will the couple need to consider before undergoing IVF. List at least 2 concerns and how would they affect the couple's decision in moving forward with the procedure?

Please show work.

A student spends all of her income on pizza and books. When pizzas cost $3 each and books cost $10 each, she consumed 30 pizzas and 3 books per month. The price of pizzas fell to $2.90 each while the price of books rose to $11 each. The price change

a. made her worse off.

b. left her exactly as well off as before.

c. left her at least as well off as before and possibly helped her.

d. might have helped her, might have harmed her. We can’t tell which unless we observe what she consumed after the price change.

e. had the same effect as a $3 increase in her income.

A student runs an experiment with two carts on a low-friction track. As measured in the Earth reference frame, cart 1 (m = 0.48 kg ) moves from left to right at 1.0 m/s as the student walks along next to it at the same velocity. Let the +x direction be to the right.

a) What velocity v⃗ E2,i in the Earth reference frame must cart 2 (m = 0.16 kg ) have before the collision if, in the student's reference frame, cart 2 comes to rest right after the collision and cart 1 travels from right to left at 0.33 m/s?

b) What does the student measure for the momentum of the two-cart system?

c) What does a person standing in the Earth reference frame measure for the momentum of each cart before the collision?

Using the income statement for the Sports Car Tire Company, compute the following ratios (show formula + calculations):

a. Interest coverage

b. The fixed charge coverage

The total assets for this company equal $40,000. Set up the formula for the DuPont system ratio analysis, and compare c,d and e.

c. Profit margin

d. Total asset turnover

e. Return on assets (investment)

The Sports Car Tire Company

Sales   $20,000
Less: Cost of goods sold   9,000
Gross profit   11,000
Less: Selling and administrative expense   4,000
Less: Lease expense   1,000
Operating profit*   6,000
Less: Interest expense   500
Earnings before taxes   5,500
Less: Taxes (40%)   2,200
Earnings after taxes   $3,300
*Equals income before interest and taxes.

Adjusted WACC. Thorpe and Company is currently an​ all-equity firm. It has three million shares selling for $40 per share. Its beta is 1.4​, and the current​ risk-free rate is 3.5​%. The expected return on the market for the coming year is 13.4​%. Thorpe will sell corporate bonds for $40,000,000 and retire common stock with the proceeds. The bonds are​ twenty-year semiannual bonds with a 8.6​% coupon rate and ​$1,000 par value. The bonds are currently selling for ​$1,135.64 per bond. When the bonds are​ sold, the beta of the company will increase to 1.9.

1. What was the WACC of Thorpe and Company before the bond​ sale?

2. What is the adjusted WACC of Thorpe and Company after the bond sale if the corporate tax rate is 20%​? Hint​: The weight of equity before selling the bond is​ 100%.

6) c programming Case study: In a certain building at a top secret research lab, some yttrium-90 has leaked into the computer analysts’ coffee room. The leak would currently expose personnel to 150 millirems of radiation a day. The half-life of the substance is about three days, that is, the radiation level is only half of what is was three days ago. The analysts want to know how long it will be before the radiation is sown to a safe level of 0.466 millirem a day. They would like a chart that displays the radiation level for every there days with message unsafe or sage after every line. The chart should stop just before the radiation level is on-tenth of the sage level, because the more cautious analysts will require a safety factor of 10.

Jordan Technologies, Inc. has three divisions. Jordan has a desired rate of return of 12.0 percent. The operating assets and income for each division are as follows:

Jordan headquarters has $129,000 of additional cash to invest in one of its divisions. The division managers have identified investment opportunities that are expected to yield the following ROIs:

1. . Calculate the residual income:

1. (1) At the corporate (headquarters) level before the additional investment.

2. (2) At the division level before the additional investment.

3. (3) At the investment level.

4. (4) At the division level after the additional investment.