Suppose you are given the following end of year stock price data for Random Inc. stock. Assume the returns are normally distributed, calculate the probability that an investor will lose more than -3% in a year, Prob(Ret<-3%). (Enter percentages as decimals and round to 4 decimals). Year Price 2005 43.65 2006 44.01 2007 45.77 2008 53.04 2009 45.67 2010 59.05 2011 46.88 2012 49.24 2013 43.99 2014 42.67 2015 48.14

Suppose you are given the following end of year stock price data for Random Inc. stock. Assume the returns are normally distributed, calculate the probability that an investor will lose more than -3% in a year, Prob(Ret<-3%). (Enter percentages as decimals and round to 4 decimals). Year Price 2005 43.65 2006 44.01 2007 45.77 2008 53.04 2009 45.67 2010 59.05 2011 46.88 2012 49.24 2013 43.99 2014 42.67 2015 48.14

Danny Ferry Co. sells $250,000 of 10% bonds on March 1, 2007. The bonds pay interest on September 1 and March 1. The due date of the bond is September 1, 2010. The bond yield is 12%. Give entries through December 31, 2008.

Round to the nearest dollar.

Instructions:

Prepare all of the relevant journal entries from the time of sale until the date indicated. Use the effective interest method for discount amortization. (Assume the no reversing entries are made.)

Country Financial, a financial services company, uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time (USA Today, April 4, 2012). In February of 2012, a sample of 1000 adults showed 410 indicating that their financial security was more than fair. In February of 2010, a sample of 900 adults showed 315 indicating that their financial security was more than fair. At 99% confidence, what is the margin of error? Round to 2 decimal places.

The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2005 corresponds to  x=1 .

Use the power regression model to predict the company's profits in 2012.

a) $70.2 million

b) $68.6 million

c) $71.5 million

d) $67.7 million

e) $66.6 million

f) None of the above

You have the following historical annual total returns on Terlingua Oil & Gas Exploration:

Calculate the sample standard deviation of annual return.

Do not round at intermediate steps in your calculation. Express your answer in percent. Round to two decimal places. Do not type the % symbol.

‘If financial information is to be useful, it must be relevant and faithfully represent what it purports to represent. The usefulness of financial information is enhanced if it is comparable, verifiable, timely and understandable’ (IASB Conceptual Framework for Financial Reporting 2010). Required: (a) Identify and explain the fundamental and enhancing characteristics of financial information, as defined by the IASB. (b) Critically evaluate the use of a conceptual framework as a frame of reference for the regulation of financial reporting. Your critical evaluation should be developed using independent wider reading of quality academic sources.

Find both the arithmetic growth rate and the geometric growth rate of the dividends for Queen Bee Limited.

What is the arithmetic growth rate of the dividends for Queen Bee Limited​?

​(Round to two decimal​ places.)

What is the geometric growth rate of the dividends for Queen Bee Limited?

​(Round to two decimal​ places.)

ou have the following historical annual total returns on Terlingua Oil & Gas Exploration:

Year Annual total return (%)

2001 -9%

2002 -2%

2003 19%

2004 3%

2005 2%

2006 4%

2007 7%

2008 -8%

2009 5%

2010 3%

Calculate the sample standard deviation of annual return. Do not round at intermediate steps in your calculation. Express your answer in percent. Round to two decimal places. Do not type the % symbol.