Memorial Hospital calculated certain performance measures from their 2017 financial statements listed below.

The same performance measures for 2016 are listed for comparison.

Please indicate if the increase or decrease from 2016 to 2017 in these performance measures is beneficial to the organization or not and explain why.

This questions is asking for the increase or decrease of each individual performance measure to be analyzed (positive or negative contribution to the organization) and explained.

It is NOT asking for an overall analysis of the numbers. Please list if the performance measure increasing or decreasing is good or bad for the organization and why

A 13.05-year maturity zero-coupon bond selling at a yield to maturity of 8% (effective annual yield) has convexity of 157.2 and modified duration of 12.08 years. A 40-year maturity 6% coupon bond making annual coupon payments also selling at a yield to maturity of 8% has nearly identical modified duration—-12.30 years—-but considerably higher convexity of 272.9.

a. Suppose the yield to maturity on both bonds increases to 9%. What will be the actual percentage capital loss on each bond? What percentage capital loss would be predicted by the duration-with-convexity rule? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. Suppose the yield to maturity on both bonds decreases to 7%. What will be the actual percentage capital gain on each bond? What percentage capital gain would be predicted by the duration-with-convexity rule? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

What percentage of Average Total Payments is less than $7,000?

What percentage of Average Total Payments should be less than $7,000 based upon the mean and standard deviation?

What percentage of Average Total Payments is less than $10,000?

What percentage of Average Total Payments should be less than $10,000 based upon the mean and standard deviation?

Please show how the answer was calculated.

FCAT scores and poverty. In the state of Florida, elementary school performance is based on the average score obtained by students on a standardized exam, called the Florida Comprehensive Assessment Test (FCAT). An analysis of the link between FCAT scores and sociodemographic factors was published in the Journal of Educational and Behavioral Statistics (Spring 2004). Data on average math and reading FCAT scores of third graders, as well as the percentage of students below the poverty level, for a sample of 22 Florida elementary schools are summarized by the number given below. (x= percentage of students below poverty level, and y=math score ) n = 22 ??xi = 1292.7 ??yi = 3781.1 ??x2i =88668 ??yi2 =651612 ??xiyi =218292 (a) Propose a straight-line model relating math-score to percentage of students below poverty level. (b) Find the least-squares regression line fitting the model to the data. (c) Interpret the estimates for intercept and slope in the context of the problem. (d) Test whether the math score is negatively related to the percentage of students below the poverty level. (e) Construct a 99% confidence interval for the slope of the model, and interpret your result in the context of the problem.

A 13.35-year maturity zero-coupon bond selling at a yield to maturity of 8% (effective annual yield) has convexity of 164.2 and modified duration of 12.36 years. A 40-year maturity 6% coupon bond making annual coupon payments also selling at a yield to maturity of 8% has nearly identical modified duration—-12.30 years—-but considerably higher convexity of 272.9.

a. Suppose the yield to maturity on both bonds increases to 9%. What will be the actual percentage capital loss on each bond? What percentage capital loss would be predicted by the duration-with-convexity rule? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. Suppose the yield to maturity on both bonds decreases to 7%. What will be the actual percentage capital gain on each bond? What percentage capital gain would be predicted by the duration-with-convexity rule? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

1. Calculate the weighted averages for two additional used cars using the weights given in the table below.

Make sure that you fill in each answer area before checking "How Did I Do?".

1. Weighted average for Car 4:  
2. Weighted average for Car 5:   

• In your weighted average equations in the problem above, how many total weights are used?
  
  
  
• For each category, what percent of the total weights are represented by the category weights? Enter your answers in the table.
  

  	New Weights as a Percentage of Total Weights
  Reliability	%
  Gas Mileage	%
  Interior Features/Comfort	%
  Cargo Space	%

  
  
• In the tables below, multiply each category’s percentage weight by its rating, and add up the four amounts.
  

  	Percentage Weights (written as a decimal)		Car 4 Ratings
  Reliability		×	7	=
  Gas Mileage		×	5	=
  Interior Features/Comfort		×	8	=
  Cargo Space		×	6	=
  Total

  
  
  

  	Percentage Weights (written as a decimal)		Car 5 Ratings
  Reliability		×	6	=
  Gas Mileage		×	7	=
  Interior Features/Comfort		×	7	=
  Cargo Space		×	8	=
  Total

  
  
• Write an equation for the weighted average using the percentage weights as decimals. Use the following variables to represent the individual rating in each category: R= Reliability; G= Gas Mileage; I= Interior Features/Comfort; C= Cargo Space.
  
  Weighted average =

Try the following exercises to better understand how the national debt is related to the government budget deficit.

1. Assume that the gross national debt initially is equal to $3 trillion and the federal government then runs a deficit of $300 billion:

a. What is the new level of gross national debt?

b. If 100 percent of the deficit is financed by the sale of securities to federal agencies, what happens to the amount of debt held by the public? What happens to the level of gross debt?

c. If GDP increased by 5 percent in the same year that the deficit is run, what happens to gross debt as a percentage of GDP? What happens to the level of debt held by the public as a percentage of GDP? (You will need to figure out which is growing faster, GDP or the gross debt, and then GDP and debt held by the public. If gross debt is growing faster than GDP, then gross debt as a percentage of GDP will increase.)

2. Now suppose that the gross national debt initially is equal to $2.5 trillion and the federal government then runs a deficit of $100 billion:

a. What is the new level of gross national debt?

b. If 100 percent of the deficit is financed by the sale of securities to the public, what happens to the level of debt held by the public? What happens to the level of gross debt?

c. If GDP increases by 6 percent in the same year as the deficit is run, what happens to gross debt as a percentage of GDP?  (You will need to figure out which is growing faster, GDP or the gross debt. If gross debt is growing faster than GDP, then gross debt as a percentage of GDP will increase.)

An investment fund owns $15,000,000 principal of a corporate bond whose modified duration ​is -8.3 (years). The bond's current percentage-of-par price is 108.58% (1.0858). The fund ​may sell the bond in several weeks as part of a portfolio restructuring, and is worried that ​bond yields will rise and prices decline. So it decides to hedge its risk using another bond ​whose modified ​duration is -9.0 (years), the most liquid bond available.

​These are the relevant prices today:

​​Target bond: ModDur = -8.3. ​Percentage-of-par price: 108.58% (1.0858)

​​Hedge bond: ModDur = -9.0.    Percentage-of-par price: 103.59% (1.0359)

​Three weeks later, the fund sells its bond and covers its hedge. Prices then are:

​​Target bond: Percentage-of-par price: 105.00% (1.0500)

​​Hedge bond: Percentage-of-par price: 99.89% (0.9989)

​[NOTE: for this problem remember the distinction between the principal amount of a bond ​and its value, which is principal × decimal format price.]

​a.​What is the anticipated transaction?

​b. ​What can be done to hedge this risk? (i.e. buy/sell? what? how much in principal, how ​​much in value?)

​c.​How much does the firm pay/receive when it carries out the anticipated transaction?

​d.​What does the firm do to cover the hedge position? Did the hedge transaction produce ​​a profit or a loss, and how much?

​e.​Combining the results of the anticipated transaction and the hedge, what is the ​​​effective price of the overall transaction?