Questions
Suppose that you know today that you will be purchasing a pen of segregate early weaned...

Suppose that you know today that you will be purchasing a pen of segregate early weaned pigs a few months from now and that you will need 10,000 bushels of corn for feeding purposes. Additionally, you know that given the current corn cash price of $2.35/bu., you have the potential to feed-out these pigs for a profit. However, you are concerned that the corn price may move against you before you purchase the hogs. You purchase a $2.55/bu. call option for $0.30/bu. and expect the basis to be $0.05 under. When you are ready to purchase the hogs and corn to make feed, the cash and futures prices have increased to $3.00/bu. and $3.05/bu., respectively. Assuming zero time value and that the broker charges a commission of $50 per option traded, answer the questions below.

  1. What are you trying to protect against?
  2. What do you call the price of $2.55/bu. of a call option?
  3. What do you call the price of $0.30/bu.
  4. Is your call option in-the-money/at-the-money/out-of-the-money after the price changes, and why?
  5. What is the number of option contracts needed to fully protect the purchase of 10,000 bushels?
  6. What is the total amount that you have to pay to purchase the necessary call options?
  7. What is the basis equal to after the price changes?
  8. Compute the target price.
  9. Compute the gain/loss per bu. you have earned on options in terms of the premium as a result of price change.
  10. Compute the effective buying price (EBP), and by comparing it to your target price comment on whether it was a good deal.
  11. Compute the overall gain/loss as a result of dealing with the options.
  12. Are you better/worse off as a result of dealing with options as opposed to not dealing with options at all, and why?
  13. Give an example of a futures price that would render your call option out-of-the-money.

In: Finance

In the early part of 2018, the partners of Hugh, Jacobs, and Thomas sought assistance from...

In the early part of 2018, the partners of Hugh, Jacobs, and Thomas sought assistance from a local accountant. They had begun a new business in 2017 but had never used an accountant’s services.

Hugh and Jacobs began the partnership by contributing $95,000 and $45,000 in cash, respectively. Hugh was to work occasionally at the business, and Jacobs was to be employed full-time. They decided that year-end profits and losses should be assigned as follows:

  • Each partner was to be allocated 10 percent interest computed on the beginning capital balances for the period.
  • A compensation allowance of $8,000 was to go to Hugh with a $17,000 amount assigned to Jacobs.
  • Any remaining income would be split on a 4:6 basis to Hugh and Jacobs, respectively.

  

In 2017, revenues totaled $120,000, and expenses were $90,000 (not including the partners’ compensation allowance). Hugh withdrew cash of $6,000 during the year, and Jacobs took out $11,000. In addition, the business paid $8,000 for repairs made to Hugh’s home and charged it to repair expense.

On January 1, 2018, the partnership sold a 15 percent interest to Thomas for $37,000 cash. This money was contributed to the business with the bonus method used for accounting purposes.

  1. What journal entries should the partnership have recorded on December 31, 2017?

  2. What journal entry should the partnership have recorded on January 1, 2018?

In: Accounting

(a) A child with physical limitation is accepted into your early childhood facility, what are some...

(a) A child with physical limitation is accepted into your early childhood facility, what are some necessary considerations to cater for the needs of this child.

(b) There are five main areas to consider when describing the all-rounded development of the child. these include :

(c) There are two particular senses involve in motor skill development discuss. ( these two sense help to motivate motor skill development)

In: Biology

A coach times 6 randomly selected runners to measure their times early in the week and...

A coach times 6 randomly selected runners to measure their times early in the week and at the end of the week (in minutes). Using the parts below, help the coach run a paired t-test to determine if the runners were faster (had lower times) at the end of the week. Use α = 0.05.

Runner Monday time Fridays time

1

26.2 25.8
2 25.2 24.9
3 24.8 24.9
4 24.1 24.6
5 25.9 25.2
6 25.1 24.5

A. State the null and alternative hypotheses in terms of µD.

B. Find the critical value, test statistic, p-value.

C. What is the decision. Reject / fail to Reject

D. Based on the results, would you tell the coach that the runners were faster at the end of the week? yes/no

In: Statistics and Probability

a. In early 2001 investment spending sharply declined in the United States. This event caused a...

a. In early 2001 investment spending sharply declined in the United States. This event caused a

multiple choice 1

  • rightward shift in aggregate demand, and more investment would have caused a rightward shift in aggregate supply.

  • rightward shift in aggregate demand, and lower investment would have caused a leftward shift in aggregate supply.

  • leftward shift in aggregate demand, and lower investment would have caused a leftward shift in aggregate supply.

  • leftward shift in aggregate demand, and less investment would have caused a rightward shift in aggregate supply.

b. In the two months following the September 11, 2001, attacks on the United States, consumption also declined. This event caused a

multiple choice 2

  • rightward shift in aggregate demand, and lower investment would have caused a leftward shift in aggregate supply.

  • leftward shift in aggregate demand, and lower investment would have caused a leftward shift in aggregate supply.

  • rightward shift in aggregate demand, and more investment would have caused a rightward shift in aggregate supply.

  • leftward shift in aggregate demand, and less investment would have caused a rightward shift in aggregate supply.

In: Economics

Ms. Early Saver has decided to invest $1,000 at the end of each year for the...

  1. Ms. Early Saver has decided to invest $1,000 at the end of each year for the next 10 years, then she will just let the amount compound for 25 additional years. Her brother, Late Saver, has a different investment program: He will invest nothing for the next 10 years but will invest $1,000 per year (at the end of each year) for the following 25 years. If we assume a 3% percent rate of return, compounded annually, which investment program will be worth more 35 years from now? If instead, the assumed interest rate is 8% percent rate which investment program will be worth more in 35 years?

   Are the results with different interest rates different? Using your results elaborate on the power of compounding and how it impacts savings in the long run.

In: Finance

Explain what is meant by the "wage-price" spiral. Based on the 'early incarnation' of the Phillips...

  1. Explain what is meant by the "wage-price" spiral.
  1. Based on the 'early incarnation' of the Phillips curve, explain what effect an increase in the unemployment rate will have on the inflation rate.
  1. During which decade did the original Phillips curve break down? Also, briefly explain why the original Phillips curve broke during this period.

  1. Based on your understanding of the Phillips curve, explain what happens to actual inflation (relative to expected inflation) when the actual unemployment rate is either above or below the natural rate of unemployment.

  1. What is the difference between deflation and disinflation?

How will the crisis affect the natural rate of unemployment

In: Economics

A 15-year-old white female with a history of asthma since early childhood.

 

A 15-year-old white female with a history of asthma since early childhood.

He diagnosis with asthma and Contraception initiation

Question

1. Diagnosis asthma

a. Explain the Pathophysiology of asthma

b. What is the therapeutic regimen of asthma?

c. What labs can you order for this patient?give the definition and Description of the Test. At least 2 labs

d. Significance of the Test Being Ordered for this Patient

E. What medication would give to this patient et why?

 

In: Nursing

‘Applecore’ is one of the leading management consultancy firms in the UK since early 2000 and...

‘Applecore’ is one of the leading management consultancy firms in the UK since early 2000 and they have an enviable track record among a diverse clientele across several major industries in the region. You have recently joined Applecore as a management consultant and your firm, on the basis of a good reference from another long-standing client of yours, has received a call from a large automobile manufacturer to go and meet them for discussions to explore if your firm can take up a major consultancy work for them in the background as below.

The automobile manufacturer performed extremely well since its inception in 1995 but in the last 3-4 years they have been posting continuously disappointing results owing to the increasing competition from imported brands, a somber growth of the economy and a variety of other reasons. The manufacturer realized they cannot continue with this kind of a performance for long for reasons of diminishing profitability and hence are planning to hire one of the leading management consulting firms to undertake a consultancy work in the hope that the consultancy firm would be able to do a rigorous study of their value chain and come up with feasible solutions for restoring their profitability and set them back on a promising future track.

This automobile manufacturer, new to Applecore, is assigned to you as your new client by your firm and your immediate job is to initiate the first meeting with them to understand their requirements, make an effective pitch to bag the consultancy contract in the light of stiff competition coming from other good leading consultancy firms also vying for the same contract. You are further expected to work and deliver on the project within challenging timeframes.

         In the background of the above case, answer questions 3 and 4 below:

Q1. As a management consultant, how will you go about bagging and delivering the project?

Q2. Considering the nature of the consultancy assignment that requires in-depth value analysis, what and how will you apply/use an appropriate analytical model to the client’s business?

In: Accounting

A 15-year-old white female with a history of asthma since early childhood.

 

A 15-year-old white female with a history of asthma since early childhood.

He diagnosis with asthma and Contraception initiation

Question

1. Diagnosis asthma

a. Explain the Pathophysiology of asthma

b. What is the therapeutic regimen of asthma?

c. What labs can you order for this patient?give the definition and Description of the Test. At least 2 labs

d. Significance of the Test Being Ordered for this Patient

E. What medication would give to this patient et why?

2. Diagnosis: Contraception initiation

a. Explain the Pathophysiology of Contraception initiation

b. What is the therapeutic regimen of Contraception initiation?

c. What labs can you order for this patient?give the definition and Description of the Test. At least 2 labs

d. Significance of the Test Being Ordered for this Patient

E. What medication would give to this patient et why?

 

In: Nursing