Suppose you are investing $856 per year in an account that is compounded every quarter. The quoted annual rate is 5% per year. What is the value of this account after 4 years?
How would one do this without excel?
In: Finance
The existing spot rate of the Singapore dollar is $.62. The one‑year forward rate of the Singapore dollar is $.61. The probability distribution of the future spot rate in one year is forecasted as follows:
Future Spot Rate Probability
$.60 25%
.63 45
.65 30
Assume that one‑year put options on Singapore dollars are available, with an exercise price of $.64 and a premium of $.04 per unit. One‑year call options on Singapore dollars are available with an exercise price of $.61 and a premium of $.02 per unit. Assume the following money market rates:
U.S. Singapore
Deposit rate 6% 5%
Borrowing rate 8 7
Please the answer of the big problem with detailed explanations.
In: Finance
A 42 year old woman was introduced to the Emergency Room with complaints of abdominal pain for the past few days. She was also reported her stools have been black and sticky. She suspected to have GI (gastro-intestinal) bleeding. According to her medical history, she was transfused with 2 units washed packed RBCs 6 months ago for the same symptoms. The CBC results were:
WBCs: 5.7 X 103/µl
RBCs: 2.95 X 106/µl
HGB: 6.3g/dL
Hematocrit: 19.8%
According to her anemic condition, she was admitted to the hospital for treatment and given 3 units of packed RBCs (each blood unit should increase hemoglobin level by 1g/dL, but she was given 3 units since she had an active GI bleeding). She is type B positive with a negative antibody screening {1} which means no antibodies were observed in her plasma. The 3 units were cross-matched and transfused without adverse reactions. One day later, she was discharged. Two days after discharge, she returned to the Emergency Room with yellowish eyes and skin (jaundice). The CBC at this time showed HGB = 5.8g/dL and elevated bilirubin level indicated hemolysis of RBCs. She was ordered with 2 units of packed red blood cells. At this time, the antibody screen was now positive {2}. Anti-JKb was found in her plasma and positive DAT was observed.
She was diagnosed with a delayed hemolytic transfusion reaction (DHTR) due to anti-JKb
1. Discuss this condition DHTR?
2. Why the first antibody screening {1} was negative? (Knowing that anti-JKb was present in her plasma from exposure of JKb positive blood via previous blood transfusion according to her medical history)? However, it is really negative since no immediate HTR was observed
3. Why the second antibody screening{2} becomes positive after blood transfusion?
4. If DAT was performed by gel-method, and positive mixed field result was observed. What does this mean?
In: Nursing
The following information is available for Gulf Corp. on December 31 for the year just ended.
Prepare the required adjusting entries at December 31, 2014.
Enter the transaction letter as the description when entering the
transactions in the journal. Dates must be entered in the format
dd/mmm (i.e., January 15 would be 15/Jan). For each journal entry,
indicate how each account affects the balance sheet (Assets,
Liabilities, Equity). Use + for increase and - for decrease. For
example, if an account decreases equity, choose '-Equity'.
In: Accounting
In 2017, a company purchased a machine for $70,000; it has a three-year life for both accounting and tax. Depreciation for accounting (already included in pretax financial income) and tax purposes is shown below. Statutory tax rate is 30%. Record the required tax entries for each year.
Accounting Tax Difference
2017 30,000 45,000 15,000
2018 20,000 15,000 (5,000)
2019 20,000 10,000 (10,000)
Pretax Financial Income
2017 $50,000
2018 60,000
2019 70,000
I have solution, but I don't know how to get each steps. please explain with T-accounts.
In: Accounting
If the transit district decides to set the per-passenger fare at $0.35 for the first year and the per-passenger fare goes up $0.05 each year thereafter, the additional government subsidy (per passenger) needed for the district to break even in 20 years is most nearly
In: Accounting
The equity beta for Microsoft Inc. is 1.11. The yield on ten-year treasuries is 3%, and the historical returns on S&P 500 has a mean of10% and standard deviation of 11% for the pasts 3 years. The stock volatility of Microsoft is 12%. Further, it issues dividends at an annual rate of $1.84. Its current stock price is $107.71, and you expect dividends to increase at a constant rate of 5% per year. (Sow steps with calcs.)
A) Estimate Microsoft's cost of equity using both CDGM and CAPM.
B) Based on Sharpe ratio estimate, should investors buy in Microsoft or S&P 500 index?
In: Finance
The FASB issues new standards on accounting. The implementation date is usually a year from the date of issuance with early implementation encouraged. Jane Durham, chief accountant is discussing implementing this new standard as soon as possible. The CFO however realizes that an early implementation will have a negative effect on the firm's net income for the year. The CFO discourages the chief Accountant from implementing the standard until the required date. Is the CFO's action proper? Why or why not? Is there an ethical issue involved? If so how?
In: Accounting
A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,600,000 and can be sold for $725,000 at the end of the project. The asset is in the 5-year MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 40 percent. What is the aftertax salvage value of the equipment?
In: Finance
A 2 year old child is in for her well visit. She is up to date with all vaccinations. Born full term, 7 pounds and 5 ounces. No allergies and not on any medications. Breast fed for six months. Mother is anxious because she is not far along in language development as her brother was at this age. She cries when getting a hair cut and is not consolable. Only eats noodles and toast. Is not a good sleeper.
1. The mothers asks, "are these things related?" How do you reply?
2. What are some online tools to screen for assessing language delays?
3. What should be included in the health history?
4. What should the focused physical examination include?
In: Nursing