| The common stock of Escapist Films sells for $39 a share and offers the following payoffs next year: |
| Probability | Dividend | Stock Price | |
| Boom | 0.4 | $0 | $20 |
| Normal economy | 0.4 | $2 | $30 |
| Recession | 0.2 | $7 | $44 |
| Calculate the expected return and standard deviation of Escapist. (Round your answers to 2 decimal places. Use the minus sign for negative numbers if it is necessary.) |
| Expected rate of return % | |
| Standard deviation % |
| The common stock of Leaning Tower of Pita, Inc., a restaurant chain, will generate the following payoffs to investors next year: |
| Probability | Dividend | Stock Price | |
| Boom | 0.4 | $6 | $200 |
| Normal economy | 0.4 | $2 | $116 |
| Recession | 0.2 | $0 | $4 |
| The stock is selling today for $95. |
| Calculate the expected return and standard deviation of a portfolio half invested in Escapist and half in Leaning Tower of Pita. (Round your answers to 2 decimal places. Use the minus sign for negative numbers if it is necessary.) |
| Expected return of portfolio % | |
| Standard deviation of portfolio % |
| Why is the portfolio standard deviation lower than for either stock’s individually? | |
| The portfolio standard deviation is lower than for either stock’s individually because |
In: Finance
Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:
| Standard Quantity | Standard Price (Rate) | Standard Unit Cost | |||||||||||||||||||||||||||||||||||||||||||||||
| Direct materials (plastic) | 12 | sq ft. | $ | 0.63 | per sq. ft. | $ | 7.56 | ||||||||||||||||||||||||||||||||||||||||||
| Direct labor | 0.2 | hr. | $ | 10.10 | per hr. | 2.02 | |||||||||||||||||||||||||||||||||||||||||||
| Variable manufacturing overhead (based on direct labor hours) | 0.2 | hr. | $ | 0.60 | per hr. | 0.12 | |||||||||||||||||||||||||||||||||||||||||||
| Fixed manufacturing overhead $252,000 ÷ 840,000 units) | 0.30 | ||||||||||||||||||||||||||||||||||||||||||||||||
|
Parker Plastic
had the following actual results for the past year:
|
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In: Accounting
Write a function ‘filter_wave(wave,n)’ and this will produce a new wave which is a smoothed version of the input ‘wave’ adhering to the following rules. The input parameter n will be explained later in part 2. • In the new wave, for every position i, it is the weighted sum of three positions of the original wave. More preciously, the new wave value in position i will be equal to new_wave[i] = wave[i-1] * 0.2 + wave[i]*0.6 + wave[i+1]*0.2 • Let len(wave) be L. The above calculation requires access to wave[-1] and wave[L] which do NOT exist in the original wave. You may assume that both wave[-1] and wave[L] are 0. • You should NOT modify the original wave input • And all the number in the new wave will be integers. You can simple use the function int() to convert any number into an integer. • Your function should return the new wave as a list.
Finally, modify the function ‘filter_wave(wave,n)’ for n ≥ 0. And this will repeat the filtering n times to the wave accumulatively and produce an even smoother wave. You still need to adhere to the rules mentioned in Part 1. Here is the expected wave for filter_wave(original_wave_sample,10)
In: Computer Science
Problem 15-05 (Algorithmic)
Consider the following time series data.
| Week | 1 | 2 | 3 | 4 | 5 | 6 |
| Value | 16 | 13 | 18 | 11 | 15 | 14 |
| Week | Time Series Value |
Forecast |
|---|---|---|
| 1 | 16 | |
| 2 | 13 | |
| 3 | 18 | |
| 4 | 11 | |
| 5 | 15 | |
| 6 | 14 |
| Week | Time Series Value |
Forecast |
|---|---|---|
| 1 | 16 | |
| 2 | 13 | |
| 3 | 18 | |
| 4 | 11 | |
| 5 | 15 | |
| 6 | 14 |
Please solve for part C! Thank you !
In: Finance
On November 14, Thorogood Enterprises announced that the public and acrimonious battle with its current CEO had been resolved. Under the terms of the deal, the CEO would step down from his position immediately. In exchange, he was given a generous severance package. Given the information below, calculate the cumulative abnormal return (CAR) around this announcement. Assume the company has an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)
| Date | Market Return (%) | Company Return (%) |
| Nov 7 | 1.5 | 1.1 |
| Nov 8 | 1.3 | 1.1 |
| Nov 9 | −1.2 | −0.2 |
| Nov 10 | −0.6 | −0.4 |
| Nov 11 | 2.3 | 1.0 |
| Nov 14 | −1.1 | 2.8 |
| Nov 15 | 0.1 | 0.1 |
| Nov 16 | 0.9 | 1.7 |
| Nov 17 | 1.2 | 0.6 |
| Nov 18 | −1.2 | 0.0 |
| Nov 21 | 1.3 | 0.2 |
|
In: Finance
Lucy and Henry each have $6516. Each knows that with 0.1 probability, they will lose 85% of their wealth. They both have the option of buying α units of insurance, with each unit costing $0.1. Each unit of insurance pays out $1 in the event the loss occurs. The cost of the insurance policy is paid regardless of whether the loss is incurred. Lucy's utility is given by ??(?)=?, Henry's utility is given by ??(?)= sqrt(x)
Answer the following:
(If rounding is needed, only round at the end and write your answer to three decimal places.)
a) (0.5 marks) Without insurance, what is the expected value of the loss?
b) (0.5 marks) For Henry, facing the "lottery " above without any insurance is as bad as losing how many dollars for sure?
c) (1 mark) Find Lucy's utility maximising choice of α. If more than 1 exist, enter the largest α.
d) (1 mark) Now suppose insurance costs $0.2. Find Lucy's utility maximising choice of α. If more than 1 exist, enter the largest α.
e) (1 mark) What is Henry's utility maximising choice of α with the new price of 0.2? If more than 1 exist, enter the largest α.
In: Economics
In: Accounting
“Confusion in Motion”
Patty is a 74-year-old woman who worked as a hotel custodian. She is constantly pacing the halfway with a broom, sweeping the floor as she goes. Patty has lost 14 pounds in the 3 months since her admission to the nursing home. She is unable to sit at the table long enough to eat her meals and resumes her constant walking after eating only a few bites.
What nursing diagnosis would the nurse assign to Patty’s situation?
In: Nursing
discuss at least one pro and con of putting a price on a specific environmental good of your choosing. Using a specific resource or environmental amenity, discuss:
200-400 Words
In: Economics
A New York City daily newspaper called "Manhattan Today" charges an annual subscription fee of $108. Customers prepay their subscriptions and receive 270 issues over the year. To attract more subscribers, the company offered new subscribers the ability to pay $110 for an annual subscription that also would include a coupon to receive a 40% discount on a one-hour ride through Central Park in a horse-drawn carriage. The list price of a carriage ride is $100 per hour. The company estimates that approximately 30% of the coupons will be redeemed.
Required:
Prepare the journal entry to recognize the sale of 10 new subscriptions, clearly identifying the revenue or unearned revenue associated with each performance obligation.
In: Accounting