Questions
You are the new investment manager of Michael and Ariel. You received from the previous investment...

You are the new investment manager of Michael and Ariel. You received from the previous investment manager of Michael and Ariel’s partial information regarding their portfolios:
- Both have an optimal portfolio.
- The expected return in Michael’s portfolio is 6%.
- The SD in Ariel’s portfolio is 12%.
You know that the current risk-free interest rate is 5% and the market portfolio has an expected return of 8% and a SD of 10%.
a. What is the proportion of each brother’s investment in a risk-free asset out of their portfolio?

b. Is it possible to rank the brothers’ risk preference? Explain.

c. What is the beta in each brother’s portfolio?

d. Suppose that today Michael and Ariel received an offer to buy a share with an expected return of 6% and beta of 0.3. Will they accept the offer?

In: Finance

Rate Symbol $1 USD 0.87 Euro $1 USD 0.76 Pound $1 USD 109.5 Yen $1 USD...

Rate Symbol
$1 USD 0.87 Euro
$1 USD 0.76 Pound
$1 USD 109.5 Yen
$1 USD 6.75 Yuan
$1 USD 16.75 Pesos (MX)
$1 USD 66.02 Rubles
$1 USD 3.65 Real

They are all in their currency in billions and I need to make them into US dollar. Like Yen is 84.5 billion yen and also 14.2 billion yen, what are they if their converted to US dollars. Do that for all in the table below. Please show formula

Yen 84.5 14.2
Peso 9.2 2.4
Pount 1.5 0.3
Real 2.1 0.4
Yuan 12.8 4.2
Ruble 42.4 18.7
Euro 1.85 0.9
Dollar 14.1 4.8

In: Finance

Consider an economy with a production function given by Y =K1/4 (EL)3/4 . The depreciation rate...

Consider an economy with a production function given by Y =K1/4 (EL)3/4 . The depreciation rate is = 0.1, the population growth rate is n = 0.02 and the technological growth rate is g = 0.03. The economy's current savings rate is s = 0.3 and the current level of capital per effective worker K0 = 1. Answer the following questions.

  1. What is the consumption per effective worker in the current year (C0) ?
  2. What is the capital per effective worker in the next period (k1) ?
  3. What is the steady state level of output per effective worker (y*) ?
  4. Find the golden rule level of output per-effective worker (yG) ?
  5. Compare the economy's savings rate with the golden-rule savings rate. Is the economy saving less ?

In: Economics

A metal cylinder of mass ? = 5 kg with a coaxial hole is sliding horizontally...

A metal cylinder of mass ? = 5 kg with a coaxial hole is sliding horizontally on a metal rod. A spring with spring constant ? = 500 N/m is attached to the cylinder. The other end of the spring is attached on a table at a vertical distance of ℎ = 0.3 m below the cylinder. The spring has an equilibrium length of ?_0 = 0.5 m.

a) What is the horizontal position ?0 of the cylinder when the spring is at its natural equilibrium length of ?0 = 0.5 m? Define the attachment point of the spring on the table as position ? = 0.

b) What is the length ? of the spring when the cylinder is at any given position ??

c) Draw a free-body diagram of the cylinder.

d) Show that the horizontal force from the spring on the cylinder is: ?? = −?? (1 − ?0 √? 2 + ℎ 2 )

In: Physics

Microsoft has an equity value of $250B, but has only $10B in debt. Management decides they’d...

Microsoft has an equity value of $250B, but has only $10B in debt. Management decides they’d like to increase the D/(D+E) ratio to 40% and use the proceeds to repurchase shares of equity, i.e. a leveraged recapitalization.

a) Before the recapitalization, the debt is considered risk-free and the equity has a beta of 1.13; afterwards, the debt beta becomes 0.3. How much debt does Microsoft issue? By how much has this restructuring changed the riskiness of equity in Microsoft, i.e. what is
the equity beta after the recapitalization?

b. If the risk-free rate is 3% and the expected market return is 9%, what are the expected
returns to equity holders before and after the recapitalization?

Please answer all parts of this question.

In: Finance

1. The accountant for the Mobe Company made an adjusting entry to record depreciation for the...

1. The accountant for the Mobe Company made an adjusting entry to record depreciation for the current year twice by mistake. The effect of this error would be:
A. An overstatement of assets offset by an understatement of owner’s equity.
B. An understatement of assets, net income, and owner’s equity.
C. An overstatement of assets and of net income, and an understatement of owner’s equity.
D. An overstatement of net income and an understatement of assets.
E. None of the above.
2. The Sweeney Theater offered books of theater tickets to its patrons at $30 per book. Each book contained a certain number of tickets to future performances. During the current period 1,000 books were sold for $30,000, and this amount was credited to a temporary account. At the end of the period it was determined that $17,000 worth of book tickets had been used by customers attending performances. The appropriate adjusting entry at the end of the period would be:
A. Debit Ticket Revenue $17,000 and credit Unearned Ticket Revenue $17,000.
B. Debit Unearned Ticket Revenue $13,000 and credit Ticket Revenue $13,000.
C. Debit Unearned Ticket Revenue $17,000 and credit Ticket Revenue $17,000.
D. Debit Ticket Revenue $13,000 and credit Unearned Ticket Revenue $13,000.
E. None of the above.


3. A transaction caused a $14,000 increase in both total assets and total liabilities. This transaction could have been:
A. Purchase of office equipment of $14,000 for cash.
B. Purchase of office equipment for $24,000, paying $10,000 cash and issuing a note payable for the balance.
C. Repayment of a $14,000 bank loan.
D. Investment of $14,000 cash in the business by selling additional shares of common stock.
E. None of the above.
4. Joseph Company Retained Earnings increased by $20,000 during 2012. Total Revenues for 2012 were $200,000, the ending balance in Cash was $16,000, and Total Expenses were $172,000. Dividends declared and paid during 2012 were:
A. $18,000.
B. $12,000.
C. $8,000
D. $20,000.
E. None of the above.

5. A balance sheet is designed to show:
A. How much a business is worth.
B. The profitability of the business during the current year.
C. The amount of Dividends paid to shareholders since the business started operations.
D. The cost of replacing the assets and of paying off the liabilities at December 31.
E. None of the above.
6. The accountant for the Thomas Company forgot to make an adjusting entry to record accrued interest payable for the current year. The effect of this error would be:
A. An overstatement of net income and an understatement of liabilities.
B. An overstatement of assets offset by an understatement of owner’s equity.
C. An overstatement of assets, net income, and owner’s equity.
D. An overstatement of assets and of net income and an understatement of owner’s equity.
E. None of the above.
7. All the following accounts normally have credit balances except:
A. Fees Revenue
B. Common Stock
C. Prepaid Rent
D. Common Stock
E. None of the above
8. Closing entries never involve posting a credit to the:
A. Income Summary account.
B. Unearned Revenue account.
C. Retained Earnings account
D. Depreciation Expense account.
E. None of the above.

In: Accounting

40) In order to analyze water samples using a spectrophotometer or plate reader, it is necessary...

40)

In order to analyze water samples using a spectrophotometer or plate reader, it is necessary to turn the molecules of nitrate into a dye molecule that can be quantified. The first step in turning nitrate (NO3-)  into a dye molecule is reducing it to a molecule of nitrite (NO2-). This is done by reacting the NO3- with cadmium.

After the reduction reaction, the NO2- is reacted with two additional reagents. The first reagent, Reagent A, is a solution of sulfanilamide and hydrochloric acid. The second reagent, Reagent B, is a solution of N-(1-naphthyl)-ethylenediamine, called NNED for short. The compounds are mixed with the water sample and produce a purple color. The intensity of the purple color is directly related to the concentration of nitrite in the water sample. We can measure how purple the water turns as absorbance on a spectrophotometer and then convert the absorbance to concentration of nitrate.

To make Reagent A, we will need to make a solution of 10.0 g of sulfanilamide in 1 L of 2.4 molar hydrochloric acid (HCl).

The stock solution of HCl is 12 molar HCl. How many milliliters (mL) of 12 M HCl would you add to produce 0.3 liters (L) of 2.4M HCl?  mL HCl

After creating 0.3 L of 2.4 molar HCl solution, how many grams of sulfanilamide will be added?  

g sulfanilamide

41) After reacting the nitrate with cadmium to produce nitrite, the nitrite is then reacting with sulfanilamide and N-(1-naphthyl)-ethylenediamine, to produce a purple dye molecule that can be quantified on a spectrophotometer. The N-(1-naphthyl)-ethylenediamine, called NNED for convenience, reagent is made by mixing 1 gram of NNED in 1 liter of water. However, we don't always want to make an entire liter of solution because the NNED solution only lasts about 1 month before going bad and turning brown. How many milligrams of NNED will need to be added to make 0.15 liters of solution?

In: Chemistry

Hi, I am running C# in Vis. Studio 2019 community. Trying to get my program to...

Hi, I am running C# in Vis. Studio 2019 community. Trying to get my program to populate the username in the program after entered. I can enter a name and the three scores and average them as the program needs but the name is not adding next to the "Students name: " in the program. Any help would be appreciated and please place a note for what I am doing wrong. Thank you

using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;
using System.Threading.Tasks;

namespace DoprBox08
{
class CollegeStudent
{

public static void Main(string[] args)
{
Console.Title = ("College Student ");
Console.WriteLine("Please enter your name: \nand the three scores: ");

  

string name = Console.ReadLine();
int midTerm1 = int.Parse(Console.ReadLine());
int midTerm2 = int.Parse(Console.ReadLine());
int finalExam = int.Parse(Console.ReadLine());
CollegeStudent s = new CollegeStudent(name, midTerm1, midTerm2, finalExam); //Invoking the constructor

Console.WriteLine(s); //invokes ToString()
Console.ReadKey();
}
public override string ToString()
{
string str;
str = string.Format(" Student name: {0} \nSemester grade: {1}", StudentName, SemesterGrade());
Console.WriteLine();
return str;
}
private string studentName;
private int midTerm1;
private int midTerm2;
private int finalExam;

public string StudenName
{
get { return studentName; }
set { studentName = value; }
}
public int MidTerm1
{
get { return midTerm1; }
set { midTerm1 = value; }
}
public int MidTerm2
{
get { return midTerm2; }
set { midTerm1 = value; }
}
public int FinalExam
{
get { return finalExam; }
set { finalExam = value; }
}

public object StudentName { get; private set; }

public CollegeStudent(string studentName, int midTerm1, int midTerm2, int finalExam)
{
this.studentName = studentName;
this.midTerm1 = midTerm1;
this.midTerm2 = midTerm2;
this.finalExam = finalExam;
}
public double SemesterGrade()
{
double grade;
grade = 0.3 * MidTerm1 + 0.3 * MidTerm2 + 0.4 * FinalExam;
return grade;
}

}
}

In: Computer Science

Hi there! I can not find solution of Octave Levenspiel Chapter 26. I need it immediately....

Hi there! I can not find solution of Octave Levenspiel Chapter 26. I need it immediately. Can you please help me!Thank you.

A solid feed consisting of

20 wt% of 1-mm particles and smaller

30 wt% of 2-mm particles

50 wt% of 4-mm particles

passes through a rotating tubular reactor somewhat like a cement kiln where it reacts with gas to give a hard nonfriable solid product (SCMI reaction control, T = 4 h for 4-mm particles).

26.3. Find the residence time needed for 100% conversion of solids.

26.4. Find the mean conversion of the solids for a residence time of 15 min.

26.5. Particles of uniform size are 60% converted on the average (shrinking core model with reaction controlling) when flowing through a single fluidized bed. If the reactor is made twice as large but contains the same amount of solids and with the same gas environment what would be the conversion of solids?

26.6. Solids of unchanging size, R = 0.3 mm, are reacted with gas in a steady flow bench scale fluidized reactor with the following result. F, = 10 gmlsec, W = 1000 gm, X, = 0.75 Also, the conversion is strongly temperature-sensitive suggesting that the reaction step is rate-controlling. Design a commercial sized fluidized bed reactor (find W) to treat 4 metric tonslhr of solid feed of size R = 0.3 mm to 98% conversion.

26.7. Solve Example 26.3 with the following modification: the kinetics of the reaction is ash diffusion controlled with T(R = 100 ~m=) 1 0 min.

26.8. Repeat Example 26.4 if twice the stoichiometric ratio of gas to solid, still at C,,, is fed to the reactor.

26.9. Repeat Example 26.4 if the gas is assumed to pass in plug flow through the reactor.

In: Other

***PLEASE USE CURRENT INFORMATION*** Please assume that his gross income is $172,900 (which consists only of...

***PLEASE USE CURRENT INFORMATION***

Please assume that his gross income is $172,900 (which consists only of salary) for purposes of this problem.

December 31, 2020

To the friendly student tax preparer:

Hi, it’s Shady Slim again. I just got back from my 55th birthday party, and I’m told that you need some more information from me in order to complete my tax return. I’m an open book! I’ll tell you whatever I think you need to know.

Let me tell you a few more things about my life. As you may recall, I am divorced from my wife, Alice. I know that it’s unusual, but I have custody of my son, Shady Jr. The judge owed me a few favors and I really love the kid. He lives with me full time and my wife gets him every other weekend. I pay the vast majority of my son’s expenses. I think Alice should have to pay some child support, but she doesn’t have to pay a dime. The judge didn’t owe me that much, I guess.

I had to move this year after getting my job at Roca Cola. We moved on February 3 of this year, and I worked my job at Roca Cola for the rest of the year. I still live in the same state, but I moved 500 miles away from my old house. I hired a moving company to move our stuff at a cost of $2,300, and I drove Junior in my car. Junior and I got a hotel room along the way that cost us $65 (I love Super 8!).

Can you believe I’m still paying off my student loans, even after 15 years? I paid a total of $900 in interest on my old student loans this year.

Remember when I told you about that guy that hit me with his car? I had a bunch of medical expenses that were not reimbursed by the lawsuit or by my insurance. I incurred a total of $20,000 in medical expenses, and I was only reimbursed for $11,000. Good thing I can write off medical expenses, right?

I contributed a lot of money to charity this year (and have receipt documentation for all contributions). I’m such a nice guy! I gave $1,000 in cash to the March of Dimes. I contributed some of my old furniture to the church. It was some good stuff! I contributed a red velvet couch and my old recliner. The furniture is considered vintage and is worth $5,000 today (the appraiser surprised me!), even though I only paid $1,000 for it back in the day. When I contributed the furniture, the pastor said he didn’t like the fabric and was going to sell the furniture to pay for some more pews in the church. Oh well, some people just have no taste, right? Roca Cola had a charity drive for the United Way this year and I contributed $90. Turns out, I don’t even miss it because Roca Cola takes it right off my paycheck every month . . . $15 a month starting in July. My pay stub verifies that I contributed the $90 to the United Way. Oh, one other bit of charity from me this year. An old buddy of mine was down on his luck. He lost his job and his house. I gave him $500 to help him out.

I paid a lot of money in interest this year. I paid a total of $950 in personal credit card interest. I also paid $18,000 in interest on my $500,000 home mortgage that helped me buy my dream home. I also paid $2,000 in real estate taxes for my new house.

A few other things I want to tell you about this year. Someone broke into my house and stole my kid’s brand-new bicycle and my set of golf clubs. The total loss from theft was $900. I paid $125 in union dues this year. I had to pay $1,200 for new suits for my job. Roca Cola requires its managers to wear suits every day on the job. I spent a total of $1,300 to pay for gas to commute to my job this year.

Oh, this is pretty cool. I’ve always wanted to be a firefighter. I spent $1,400 in tuition to go to the local firefighter’s school. I did this because someone told me that I can deduct the tuition as an itemized deduction, so the money would be coming back to me. That should be all the information you need right now.

Please calculate my taxable income and complete page 1 of Form 1040 (through taxable income, line 11b) and Schedule A.

In: Accounting