A bond that pays annual coupons has a par value of $1,000, an 8% coupon rate, 3 years left to maturity, and is currently priced at a YTM of 6.0%.
(a) Calculate duration and modified duration for the bond.
(b) If the YTM on the bond changes from its current 6.0% up to 8.0%, what price change (% and $) and new price ($) is predicted by the modified duration calculated in part a.?
(c) What is the size and direction of the pricing error in the duration-predicted price you calculated in part (b)?
In: Finance
A company's income statement showed the following: net income, $127,000; depreciation expense, $36,500; and gain on sale of plant assets, $10,500. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $10,700; merchandise inventory increased $24,500; prepaid expenses increased $7,500; accounts payable increased $4,700. Calculate the net cash provided or used by operating activities.
Multiple Choice
$177,400.
$156,200.
$149,400.
$151,400.
In: Accounting
Oxygenation, Perfusion, fluid and electrolytes are concepts reflect normal physiological mechanism occurring inside the human body which may be affected by the pathological conditions and at the same time can lead to new pathological one.
Oxygenation concept and apply it on pneumonia showing the following:
In: Nursing
We are evaluating a project that costs $837,367, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 61,080 units per year. Price per unit is $39, variable cost per unit is $18, and fixed costs are $419,261 per year. The tax rate is 35%, and we require a return of 21% on this project. In dollar terms, what is the sensitivity of NPV to changes in the units sold projection?
In: Finance
We are evaluating a project that costs $835,201, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 55,236 units per year. Price per unit is $37, variable cost per unit is $16, and fixed costs are $421,600 per year. The tax rate is 35%, and we require a return of 17% on this project. In percentage terms, what is the sensitivity of NPV to changes in the units sold projection?
In: Finance
In a test of the effectiveness of garlic for lowering cholesterol, 45 subjects were treated with garlic in a processed tablet form. Cholesterol levels were measured before and after the treatment. The changes (beforeminusafter) in their levels of LDL cholesterol (in mg/dL) have a mean of 3.2 and a standard deviation of 17.3. Construct a 90% confidence interval estimate of the mean net change in LDL cholesterol after the garlic treatment. What does the confidence interval suggest about the effectiveness of garlic in reducing LDL cholesterol?
In: Math
If you are to be responsible in Supply Chain and Logistics management for a company in the health industry such as in Healthcare/Hospital environment or in pharmaceuticals, or in any sensitive industry during this pandemic, what precautious security measures and risk management, changes and approaches and time management would you take dealing and working with your suppliers/vendors (and their contracts), your manufactures and material handling, your logistics, your distribution centers and warehouses (and inventory) along with your employees, all the way to your end users and consumers?
In: Operations Management
Your personality is a relatively enduring set of characteristics that define your individuality and affect your interactions with the environment.
Use outside sources to support your answer
In: Psychology
Marketers typically do their research to determine what will best appeal to consumers. Many brands are created with the results of this research in mind. Over the years, many famous brands have been repositioned to reflect changes in customer preferences.
Topic: Product Brands
Using the Library for your research, provide several examples of brands that have recently repositioned themselves. Then explain how they accomplished this task and discuss the following:
In: Operations Management
In: Economics