Assume there are three companies that in the past year paid exactly the same annual dividend of ​$2.88 a share. In​ addition, the future annual rate of growth in dividends for each of the three companies has been estimated as​ follows:

(Click on the icon located on the​ top-right corner of the data table below in order to copy its contents into a​ spreadsheet.)

Assume also that as the result of a strange set of​ circumstances, these three companies all have the same required rate of return (r=14%).

a. Use the appropriate DVM to value each of these companies.

b. Comment briefly on the comparative values of these three companies. What is the major cause of the differences among these three​ valuations?

a. For​ Buggies-Are-Us, the value of the​ company's common shares is $___. (Round to the nearest​ cent.)

For Steady​ Freddie, Inc., the value of the​ company's common shares is $__. (Round to the nearest​ cent.)

For Gang Buster​ Group, the value of the​ company's common shares is $___. (Round to the nearest​ cent.)

b. Comment briefly on the comparative values of these three companies. What is the major cause of the differences among these three​ valuations?​(Select the best choice​ below.)

A.The value of​ Buggies-Are-Us is $20.57 compared to $62.80 for Steady​ Freddie, Inc., and $70.45 for Gang Busters Group. The difference in values is caused by the difference in dividend growth rates. The​ Buggies-Are-Us dividends do not​ grow, resulting in the lowest value. The dividends of Steady​ Freddie, Inc., grow at a constant rate of 9​% forever, whereas Gang Busters​ Group's dividends grow at approximately​ 12% for the first four years and 14​% from year five to the foreseeable future. The higher growth in dividends in the earlier years causes the stock of Gang Busters Group to be worth more than Steady​ Freddie, Inc., stock.

B. The value of​ Buggies-Are-Us is $20.57 compared to $62.80 for Steady​ Freddie, Inc., and $70.45 for Gang Busters Group. The difference in values is caused by the difference in dividend growth rates. The​ Buggies-Are-Us dividends do not​ grow, resulting in the lowest value. The dividends of Steady​ Freddie, Inc., grow at a constant rate of 9​% forever; whereas Gang Busters​ Group's dividends grow at approximately​ 12% for the first four years and 9​% from year five to the foreseeable future. The higher growth in dividends in the earlier years causes the stock of Gang Busters Group to be worth more than the Steady​ Freddie, Inc., stock.

1. How does your estimate of beta compare with the beta estimate provided (1.07)? Why might your estimate differ from estimated beta of 1.07?

2. How much of the variability of your security’s return is “explained” by the variability of returns in the “market”? (Note: In your case, the market is represented by the S&P 500 Index.) Do you think that a different market index might be a better representation of the market for your particular security? Why/Why not?

3. What is the correlation of returns for your security with the market for the selected time period? Might this relationship change over time, and if so, how and why?

4. Does the relationship between your security and the market appear to be statistically significantly different than zero? What evidence from the regression supports your conclusion?

5. Review the standardized residuals and comment about the importance of individual data points (if any) that may have influenced your estimation of beta. (observation 2 is the only skewed one)

1. Marv and Delores, married taxpayers who file a joint return, sell their personal residence on December 1st for $180,000. They lived in the house for the past 52 years. Their adjusted basis in their home was $35,000. Calculate their recognized (taxable) gain on the sale of their personal residence.

2. The following transactions were reported on a 1099-B. The taxpayer, who files as single, had taxable income of $100,000. Calculate the tax owed on the transactions.

1. Marv and Delores, married taxpayers who file a joint return, sell their personal residence on December 1st for $180,000. They lived in the house for the past 52 years. Their adjusted basis in their home was $35,000. Calculate their recognized (taxable) gain on the sale of their personal residence.

2. The following transactions were reported on a 1099-B. The taxpayer, who files as single, had taxable income of $100,000. Calculate the tax owed on the transactions.

1.  Prove that for any graph, the sum the degreesPv∈V deg(v) is twice the number of edges |E|. (By “prove” I mean write a few sentences explaining why it is true.)

2. i) At a recent math seminar, 5 mathematicians greeted each other by shaking hands. Is it possible for each mathematician to shake hands with exactly 3 other people? (No one can shake his or her own hand.) To answer the question, please rephrase the problem as a problem about graphs (is there a graph with 5 vertices ...), state your answer, and then explain why you believe your answer.
ii) Write a conjecture about a more general statement. What do you think happens if we have N mathematicians and we want each to shake the hands of K other people?

3. A very special island is inhabited only by knights and knaves. Knights always tell the truth, and knaves always lie. You meet two inhabitants: Zoey and Mel. Mel says, “At least one of us is a knave,” but Zoey says nothing. Can you determine who is a knight and who is a knave?

1. Should Canadian limits adopt the American approach of capping the cost of borrowing on a fixed rather than percentage basis?
2. What is the rationale behind the American limit on the number of renewals?
3. How should the cap relate to the criminal rate of interest?
4. Why not ban payday loans completely?
5. How will jurisdictional variation in the regulation of payday loans affect the development of the industry?
6. If judges are no better than average at assessing the truthfulness of witnesses, what are the implications for the interpretation of contracts in which the parties’ testimony conflicts and there is no independence evidence?
7. How do you think judges, who, like all of us, have their own inherent (perhaps unconscious) biases can better assess testimony in the diverse society like Canada?
8. What steps might a business person take to reduce the likelihood of problem in interpreting contracts?
9. Should cash customer be charged the same price as credit card customers when credit card customer cost the retailer more?
10. Why should credit card companies get to collect fees both the customers and the retailer?
11. Who should bear the loss in the case of online credit card fraud: the customer, the retailor, or the credit card issuer

A Gallup poll asked a random sample of 1000 adults nation-wide the following question:: "Are you in favor of the death penalty for a person convicted of murder?" 71% of the people in the sample answered "Yes".

1. A 95% Confidence Interval for the percent of all adults nation-wide in favor of the death penalty is (Hint: Fill in the first blank with the sample % and the second with the margin of error.)

（ ） % +/- （ ）%

A recent CBS New poll randomly sampled 1,142 adults nationwide asking them the following question:

"As you may know, the legal drinking age is 21. Would you approve or disapprove of states lowering the drinking age to 18, if the states felt that would give the police more time to enforce other laws?" 24% answered that they approved.

1. What is the expected value for the percent of all US adults who would say they approve of lowering the drinking age to 18, if the states felt that would give the police more time to enforce other laws? （ ）%

2. What is the SD of the sample? (Round to 3 decimal places.)

3. Calculate the SE of the percentage of people in the sample who answered "Approve". (Round to 2 decimal places.)

home / study / math / statistics and probability / statistics and probability questions and answers / a survey found that​ women's heights are normally distributed with mean 62.3 in. and standard ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: A survey found that​ women's heights are normally distributed with mean 62.3 in. and standard dev... A survey found that​ women's heights are normally distributed with mean 62.3 in. and standard deviation 2.9 in. The survey also found that​ men's heights are normally distributed with a mean 67.7 in. and standard deviation 2.9. a. Most of the live characters at an amusement park have height requirements with a minimum of 4 ft 8 in. and a maximum of 6 ft 3 in. Find the percentage of women meeting the height requirement. The percentage of women who meet the height requirement is . Find the percentage of men meeting the height requirement. The percentage of men who meet the height requirement is c. If the height requirements are changed to exclude only the tallest 5% of men and the shortest 5% of women, what are the new height requirements? The new height requirements are at least nothing in. and at most nothing in.

Several weeks ago we encountered modernist composers who wrote music as they saw fit with little regard for audiences. More recently we encountered Bob Dylan, who, while not so hostile to audiences as the modernists, has nevertheless followed his own artistic impulses while expecting audiences to adjust to them. The late Beatles gave us a touch of this as well. Hovering over these discussions has been this question: what is the right balance between disdaining the public at one extreme and "selling out" to it at the other?

Assignment

1) In a single paragraph, post the following:

a. Briefly define your position regarding the right balance (see above); to what degree should artists cater to audiences? Give an example of one of two circumstances:

i. A group or artist that in your opinion has sold out. On what criterion (or criteria) do you base that opinion? Is it a shift in musical style? ... a lowering of musical quality coinciding with a rise in popularity? ...statements by the artist(s), music critics, fans, or others?

ii. A group or artist that in your opinion has resisted the temptation to sell out. On what do you base that opinion?

As you've read in your text, the overall percentage of U.S. citizens participating in a stock market either through individual holdings or through financial intermediaries such as mutual funds has declined since the 2008 recession. Prior to 2008, a greater percentage of Americans held stock market investments than do in 2018. This is an interesting characteristic, given the following factors:

1. Investing in the market through savings plans, 401k or 403b accounts, individual IRAs, or similar retirement plans has never been easier given the amount of information available to any individual. Individuals can invest small amounts such as $20 and benefit from dollar-cost averaging through automatic deposits and electronic transactions such as payroll deductions.
2. While a vast majority of Americans will be dependent on Social Security as their primary source for retirement income, the message that relying solely on SS for retirement continues to be broadcast by media outlets such as the AARP.
3. Since 2008, the markets have rebounded significantly from their 2008 lows.
4. Basic principles of investing are easily located on the internet, from a variety of sources. For example, see the "Index Card" resource posted in Week 5, which is a short list of fundamental investing principles.

For this discussion post, you are to state a position and present an argument related to the above state of investing by U.S. citizens today. Why has the overall percentage of Americans invested in the market decreased in the last decade? And, subsequently, what can be done about this?    In your argument, which is to be supported by both textbook and outside research, delve into one or more of the primary concepts presented in this week's readings. These include the various stock market indexes, international markets, the role of the mutual fund industry, active versus passive investing, in addition to multiple other concepts.