In a slow year, Deutsche Burgers will produce 2.400 million hamburgers at a total cost of $3.900 million. In a good year, it can produce 4.200 million hamburgers at a total cost of $4.800 million. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place.) b. What is the variable cost per hamburger? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What is the average cost per burger when the firm produces 1 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. What is the average cost per burger when the firm produces 2 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) e. Why is the average cost lower when more burgers are produced? The fixed costs are spread across more burgers. Variable costs are lower per burger. Fixed costs are constant per burger.

Compute the cost of not taking the following trade discounts: (Use 365 days in a year. Round the intermediate calculations to 4 decimal places. Round the final answer to 2 decimal places.)

a. 2/13, net 50.

Cost of lost discount             %

b. 2/20, net 50.

Cost of lost discount              %

c. 3/18, net 65.

Cost of lost discount             %

d. 3/18, net 150.

Cost of lost discount             %

The following are the cash flows of two projects:

a. If the opportunity cost of capital is 12%, calculate the NPV for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. Which of these projects is worth pursuing?

****NOTE**** You are finding the NPV, NOT the Profitability index!

The following table shows the nominal returns on Brazilian stocks and the rate of inflation.

Year Nominal Return (%) Inflation (%)

2012 0.5 6.8

2013 -14.0 6.9

2014 -12.0 7.4

2015 -42.4 11.7

2016 67.2 7.3

2017 27.9 3.9

a. What was the standard deviation of the market returns?

b. Calculate the average real return.

A five-year bond with a yield of 7% (continuously compounded) pays a 5.5% coupon at the end of each year.

1. What is the bond’s price?
2. What is the bond’s duration?
3. Use the duration to calculate the effect on the bond’s price of a 0.3% decrease in its yield.
4. Recalculate the bond’s price on the basis of a 6.7% per annum yield and verify that the result is in agreement with your answer to (c).

Ms. Frank is planning for a 25-year retirement period and wishes to withdraw a portion of her savings at the end of each year. She plans to withdraw $10,000 at the end of the first year, and then to increase the amount of the withdrawl by $1000 each year, to offset inflation. How much money should she have in her saving account at the start of the retirement period if the bank pays (a) 9%, (b) 7.5% per year compounded annually?

PLEASE ANSWER IN EXCEL OR GIVE A FORMULA PLEASE

Consider the streams of income given in the following​ table:

Income Stream  
End of Year A B
1 $5,000   $2,000
2 $4,000   $3,000
3 $3,000   $4,000
4 $2,000   $5,000
Total $14,000   $14,000

a.Find the present value of each income​ stream, using a discount rate of 1%,then repeat those calculations using a discount rate of 8 %

b. Compare the calculated present values and discuss them in light of the fact that the undiscounted total income amounts to $14,000 in each case.

(In c++ language)

1A) Write a void function GetYear that prompts for and inputs the year the operator was born (type int) from standard input. The function returns the user’s birth year through the parameter list (use pass by reference) unless the user enters an invalid year, in which case a BadYear exception is thrown. To test for a bad year, think about the range of acceptable years. It must be 4 digits (i.e. 1982) and it cannot be greater than the current year (the user obviously cannot be born in a calendar year that has yet to happen!).

1B) Write a try-catch statement that calls the GetYear function defined above. If a BadYear exception is thrown, print an error message and rethrow the exception to a caller; otherwise, execution should just continue as normal.