It is the year 2021 and Pork Barrels, Inc., is considering construction of a new barrel plant in Spain. The forecasted cash flows in millions of euros are as follows:

The spot exchange rate is $1.27 = €1. The interest rate in the United States is 11%, and the euro interest rate is 8%. You can assume that pork barrel production is effectively risk-free.

1. b. What are the dollar cash flows from the project if the company hedges against exchange rate changes?

What are the dollar cash flows from the project if the company hedges against exchange rate changes? (Negative amounts should be indicated by minus sign. Enter your answers in millions. Do not round intermediate calculations. Round "Forward rate" to 3 decimal places and "Cash flow" to 2 decimal places.)

The topic of global warming increasingly appears in the news. It has the potential to impact companies' operations through changes in governmental regulations, new reporting requirements, necessary operational changes , and so on. The Institute of Management Accountants (IMA) conducted a survey of senior finance professionals to gauge members' thoughts on global warming and its impact on their companies. The survey found that 65% of senior finance professionals believe that global warming is having a significant impact on the environment.

Suppose that you select a sample of 100 senior finance professionals.

a.) What is the probability that the sample percentage indicating global warming is having a significant impact on the environment will be between 64% and 69%

b.) The probability is 90% that the sample percentage will be contained within what symmetrical limits od the population percentage?

c.) The probability is 95% that the sample percentage will be contained within what symmetrical limits of the population percentage?

d.) Suppose you selected a sample of 400 senior finance professionals. How does this change your answers in a-c?

Some environmentalists claim that the ways we raise and collect animals and fish for food are fundamentally unethical. They point to the suffering of animals within the factory farming industry, the pollution caused by untreated animal waste, the use of hormones and antibiotics, the decimation of fish populations, and the fact that current farming practices are ultimately unsustainable in terms of their environmental impact. Making the changes that these environmentalists claim are necessary, however, would likely be devastating to the agricultural and fishing industries, to the chemical and biochemical companies that support them, and to the way of life of millions of people. These changes might also result in increased food prices and in less food being available to the ever-increasing human population. How do you think we should balance the moral claims on this issue? Should the concerns of environmentalists and animal rights activists impinge on your desire to eat however you so choose? Does the protection of jobs and communities trump environmental concerns? Why or why not? Read and respond to two classmates' posts. Give source for your answer

Explain how the sympathetic nervous system (and endocrine system) act directly to regulate heart rate and thus cardiac output. Include a detailed description of the mechanism (include the target cells, the proteins, signaling molecules, ions, and changes in membrane pontial where appropriate) and explain how the mechanism operates to alter heart rate.Explain how the parasympathetic nervous system acts to directly regulate cardiac output (1 mechanism). Discuss each mechanism separately including a detailed description of each mechanism (include the target cells, the proteins, signaling molecules, ions, and changes in membrane pontial where appropriate). Make clear how each affects cardiac output. This shoul require about half a page.Explain in detail the Frank-Starling law of the heart. Be sure to define what it is, and describe how it operates (the mechanism). Explain why it is an important way that cardiac output is regulated. Demonstrate your understanding by describing a particular scenario when it would operate and its significance.

A $1,000 face value bond has a coupon of 9% (paid annually) and will mature 16 years from today?

A. Assume that the yield-to-maturity is 6%. What is the bond’s: i. Duration ii. Modified Duration

B. Assume that the bond’s yield-to-maturity immediately changes from 6% to 5.9% (the bond still has 16 years to maturity). i. Estimate the % change in the bond’s price using modified duration ii. What is actual bond price (at YTM = 5.9%), and the % price change (from YTM = 6% to 5.9%)?

C. Assume that the bond’s yield-to-maturity immediately changes from 6% to 5% (the bond still has 16 years to maturity). i. Estimate the % change in the bond’s price using modified duration ii. What is actual bond price (at YTM = 5%), and the % price change (from YTM = 6%)? D. Why is the estimated % price change closer to the actual price change in Part B than it is in Part C? Be precise!

Minion, Inc. has no debt outstanding and a total market value of $422,400. Earnings before interest and taxes, EBIT, are projected to be $55,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 14% higher. If there is a recession, then EBIT will be 20% lower. The company is considering a $205,000 debt issue with an interest rate of 6%. The proceeds will be used to repurchase shares of stock. There are currently 8,800 shares outstanding. Ignore taxes. Assume the company has a market-to-book ratio of 1.0 and the stock price remains constant.

a-1) calculate the return on equity, ROE, under each of the three economic scenarios before any debt is issued.

a-2) calculate the percentage changes in ROE when the economy expands or enters a recession.

b-1) assume the firm goes through the proposed recapitalization. calculate return on equity, ROE, under each of the three economic scenarios.

b-2) assume the firm goes through with the proposed recapitalization. calculate the percentage changes in ROE when the economy expands or enters a recession.

5a.

When there is a positive output gap, countercyclical monetary policy might result in a ________ of bonds by the Fed and countercyclical fiscal policy might result in _________ in taxes.

purchase; an increase

sale; a decrease

sale; an increase

purchase; a decrease

b.

low; low

low; high

high; low

high; high

c.

Automatic stabilizers serve to _____________ the economy’s response to exogenous changes in consumption, private planned investment, and net exports, making the multiplier ________.

moderate; larger

moderate; smaller

enhance; smaller

enhance; larger

d.

The government hikes taxes. If the Fed does not fully accommodate this ___________ fiscal action, then interest rates will __________ as aggregate demand changes.

contractionary; increase

expansionary; increase

expansionary; decrease

contractionary; decrease

e.

decreasing; fiscal

increasing; fiscal

decreasing; monetary

increasing; monetary

Q, A seperate excited de generator runs at 150 rad/sec with flux density o.2 Tesla gives aterminal VoHag, of 200 Volt at no-lond. Find the terminal voltigi: (a) when the speed changes to lo00 RPM ? (b) The Speed iskeptat i50 rad/sec, but the field increnses by 20 % (C) The Speed is increased by 10% and the field increases by 15% Id) The genermtor is londed by 1o Ampur and its armature resistance is o .7 2 neglecting armature reaction

Q, A seperate excited de generator runs at 150 rad/sec with flux density o.2 Tesla gives aterminal VoHag, of 200 Volt at no-lond. Find the terminal voltigi: (a) when the speed changes to lo00 RPM ? (b) The Speed iskeptat i50 rad/sec, but the field increnses by 20 % (C) The Speed is increased by 10% and the field increases by 15% Id) The genermtor is londed by 1o Ampur and its armature resistance is o .7 2 neglecting armature reaction

Sunrise, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are projected to be $24,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 15 percent higher. If there is a recession, then EBIT will be 30 percent lower. The company is considering a $70,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 8,000 shares outstanding. Ignore taxes for this problem. Assume the stock price is constant under all scenarios. 1. Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued. 2. Calculate the percentage changes in EPS when the economy expands or enters a recession. 3.Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. 4. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession

The Delta Insurance Company is having a policyholder subsystem which has started giving trouble. Over the years, the application evolved from using fixed length, multi-record type files to using a hierarchic database to using a relational database. The programs did not change much, but the data structures changed radically. Program code was patched to provide for the new data structure. The amount of people-time allocated to policyholder maintenance grew 15% per year over the last five years and is now costing as much per year as it did in 1980 to develop the original application. No one ever considered reevaluating the subsystem for redevelopment, but they would like to now. Upon inspection, the documentation was found to be up-to-date and includes flow charts and data flow diagrams. There are no current diagrams of the data structure. There are also no historical files of decisions or of changes. Apply the concepts of change management to discuss how should the company get this application in order? What type( s) of maintenance should they consider for the next set of changes?