A bond with Macaulay duration of 2.1 years has a yield of 4.88% and makes coupon payments semiannually. If the yield changes to 5.51%, what percentage price change would the duration measure predict? (Round to the nearest 0.001%, drop the % symbol. E.g., if your answer is -5.342%, record it as -5.342.)
In: Finance
The beta of an all equity firm is 1.6. The beta of debt is 0.2.If the firm changes its capital structure to 60% debt and 40% equity using 10% debt financing, what will be the beta of the levered firm? (Assume no taxes.)
A. 4.0
B. 3.7
C. 3.4
D. 2.8
In: Finance
In: Economics
Suppose a person has utility function, prices, and income: U(a,B) = 2 ln(A) + ln(B), Pb=1 and m=12. Draw her price offer curve and explain. Hint: it may be useful to think about the number of B's she purchases as Pa changes.
In: Economics
The firm has the following marginal cost function: MC ( y ) = 3 +. 25 y what is the change in producer surplus when the price of y changes from $ 20 to $ 50. (Recall, the change in producer surplus is equal to the new producer surplus minus the old producer surplus).
In: Economics
The Moore Corporation had operating income (EBIT) of $800,000. The company's depreciation expense is $240,000. Moore is 100% equity financed, and it faces a 35% tax rate.
What is the company's net income?
$
Assuming no changes to any of the Balance Sheet accounts, what
is its net cash flow?
$
In: Finance
Given the enormity of secondary data availability, such as genomics and proteomics or social media, research options have been modified over the years; after conducting some basic search using scholarly articles, briefly outline such changes and how it has affected traditional survey and experimental research.
In: Statistics and Probability
If your offspring study financial management in 30 years from now, what do you think will have changed in what they will study, versus the finance subjects that you took in this course? Explain why you believe the changes you mention will happen. (minimum 200 words)
In: Finance
Created a chart (any way you would like) include in the chart if the media is selective,differential,enrichment-any special characteristics,what is it used for identification,what are the possible results (and any color changes or any other ingredients needed to analyze)and what are the interpretations of those results.
In: Biology
1. Generators:
A. What is the use of each essential part of a generator?
B. What two factors determine the direction of the induced emf?
C. What type of emf is produced in the armature of any generator?
D. Explain how a commutator changes the induced alternating emf to a direct emf.
In: Physics