Questions
A. Harrimon Industries bonds have 5 years left to maturity. Interest is paid annually, and the...

A. Harrimon Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9%. What is the yield to maturity at a current market price of $816? Round your answer to two decimal places. % $1,151? Round your answer to two decimal places. % Would you pay $816 for each bond if you thought that a "fair" market interest rate for such bonds was 13%—that is, if rd = 13%? You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return. You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return. You would buy the bond as long as the yield to maturity at this price is less than your required rate of return. You would buy the bond as long as the yield to maturity at this price equals your required rate of return.

B.

An investor has two bonds in his portfolio that have a face value of $1,000 and pay a 10% annual coupon. Bond L matures in 19 years, while Bond S matures in 1 year.

  1. What will the value of the Bond L be if the going interest rate is 6%, 8%, and 11%? Assume that only one more interest payment is to be made on Bond S at its maturity and that 19 more payments are to be made on Bond L. Round your answers to the nearest cent.
    6% 8% 11%
    Bond L $   $   $  
    Bond S $   $   $  
  2. Why does the longer-term bond’s price vary more than the price of the shorter-term bond when interest rates change?
    1. The change in price due to a change in the required rate of return increases as a bond's maturity decreases.
    2. Long-term bonds have greater interest rate risk than do short-term bonds.
    3. The change in price due to a change in the required rate of return decreases as a bond's maturity increases.
    4. Long-term bonds have lower interest rate risk than do short-term bonds.
    5. Long-term bonds have lower reinvestment rate risk than do short-term bonds.

In: Finance

9. Create a Web page about your favorite musical group. Include the name of the group,...

9. Create a Web page about your favorite musical group. Include the name of the group, the individuals in the group, a hyperlink to the group’s Web site, your favorite three (or fewer if the group is new) CD releases, and a brief review of each CD. ● Use an unordered list to organize the names of the individuals. ● Use a definition list for the names of the CDs and your reviews.

I would like it on Pink Floyd please I am sick and need help please

In: Computer Science

where should the quality control function be placed in an organization

where should the quality control function be placed in an organization

In: Operations Management

Bragg's Equation Problem X-rays of wavelength .0960nm are diffracted by a metallic crystal, angle of first...

Bragg's Equation Problem

X-rays of wavelength .0960nm are diffracted by a metallic crystal, angle of first order (n=1), is measured to be 17.8. What is the distance (in pm) between the layers of atoms responsible for diffraction?

I do this:

96pm / 2sin17.8 and I keep getting ~173.9pm

The answer is supposed to be 157pm. What am I doing wrong?

In: Chemistry

As you have been examining Office 2013, has anyone come across mention of Office 365 and...

As you have been examining Office 2013, has anyone come across mention of Office 365 and changes from Office 2013 that make you even more intrigued in evaluating Office?

In: Computer Science

WRITE A JAVA PROGRAM: For this lab, you will create a 3 x 7 two dimensional...

WRITE A JAVA PROGRAM:

For this lab, you will create a 3 x 7 two dimensional array to store how many pounds of food three monkeys eats each day in a week. The 2D array is then passed to functions to find total, average and least amount of food consumption, etc. The program then need to display:

  • the average amount of food the three monkeys ate per day

  • the least amount of food eaten all week by any one monkey.

  • each monkey's consumption of food during the week

  • the average of food the 3 monkeys ate on Monday and Saturday.

The general structure of Lab9.java should be similar as follows:

import java.util.Scanner;
import java.text.DecimalFormat;

public class Lab9
{
    public static void main(String[] args)
    {
        //declare necessary constants and variables here
        //......

        //Create a 2D array to hold the pounds of food consumed
        //by each monkey on each day of the week
        //......

        //Use nested for loop to get data and fill in the 2D array
        //......

        //call the findGroupTotal() method and compute
        //the average amount of food the 3 monkeys ate per day
        //......

//call the findLeastAmtFood() method and compute
//the least amount of food eaten all week by any one monkey
//......

         //Find Monkey #1 total consumption of food during the week
        //......

        //Find Monkey #2 total consumption of food during the week
        //......

        //Find Monkey #3 total consumption of food during the week
        //......

        //Find the average of food the 3 monkeys eat on Monday
        //......

        //Find the average of food the 3 monkeys eat on Saturday
        //......
    } //end main()

    //This method takes a 2D array as input parameter and returns
    //the sum of all elements inside
    public static double findGroupTotal(double[][] a2DArray)
    {
        //......
    }

//This method takes a 2D array as input parameter and returns
//the smallest element inside
public static double findLeastAmtFood(double[][] a2DArray)
{
    //......
}

} //end of class

1.2 Step 2: Declare necessary variables, constants and a 2D array inside the main()

For this section of the lab, you will need to declare two (2) constants, both are integers, one for the number of monkeys (3), another for the number of days (7). You also need to declare a Scanner object that is used to read data from the user, and also a DecimalFormat object which will be used to format all double variables' output. Note: in this lab, all output need to be formatted with 2 decimal digits.

// For example, declare a constant that hold the number of monkeys.
final int NUM_MONKEYS = 3;

// declare a constant that hold the number of days (7 days).
// ----

// declare a Scanner object which will be used to get user input
// ----

// declare a DecimalFormat object which will be used to format the output
// ----

// declare and create a 2D array called 'food' that holds the pounds of food consumed
// by each monkey on each day of the week

// ----

As we learned in class, for example, to declare and create a two dimensional array, the syntax is as follows.

data_type[][] ArrayName = new data_type[NUM_OF_ROWS][NUM_OF_COLUMNS];

For Lab9, the data type is the pounds of food each monkey ate on a specific day; ArrayName as mentioned above, is food, the number of rows corresponds to number of the monkeys, and the number of columns corresponds to number of days in a week.

1.3 Step 3: Read in data from user and fill in the 2D array

Next, use the Scanner object created in the previous step to ask the user to enter the pounds of food ate by each of the 3 monkeys in each day of the week. i.e. we will need to fill in the 2D array 'food' we created in the previous step row-by-row, and for each row, we need to fill in the data from left to right. Remeber that we should always print a message indicating what is to be input before requesting information from the user. To do this task, we will need to write a nested for loop, the outer for loop iterates on each of the monkeys, where the inner for loop iterates on each of the day in one week.

for (/* loop logic - iterate on each of the 3 monkeys */)
{
    System.out.print("\nEnter pounds of food eaten by monkey #" + //---- + " on \n");
    for (/*loop logic - iterate on each day of the week */)
        {
        System.out.print( " on day " + //---- + ": ");
        //use Scanner object to get user input and store it inside 2D array 'food'
        food[monkey][day] = scan.nextDouble();
        }
}

//Codes in step #6 to step #8 continue......

1.4 Step 4: Design the findGroupTotal() method

Up to above step 3, codes should be put inside the main() method. In order to call findGroupTotal() method in main(), we need to design findGroupTotal() first. This method need to be put outside of the main(), but within the same class. The header of the method is as follows:

public static double findGroupTotal(double[][] a2DArray)

Basically this method takes a two dimensional array as input and returns the sum of all its elements inside. As we learned in class, in order to do this, we will need to write a nested for loop, the outer for loop iterates on each of the rows, where the inner for loop iterates on each of the columns of the 2D array. Very similar as we did in step #3. Note:

  • a2DArray.length equals to the number of rows
  • a2DArray[0].length equals to the number of columns.

double total = 0.0;

for (/* loop logic - iterate on each of the row */)
{
    for (/* loop logic - iterate on each of the colunms */)    
        total += a2DArray[row][column];
}
return total;

1.5 Step 5: Design the findLeastAmtFood() method

Similar as we did in step #4, in order to call findLeastAmtFood() method in main(), we need to design findLeastAmtFood() method first. This method need to be put outside of the main(), but inside the Lab9.java class. The header of the method is as follows:

public static double findLeastAmtFood(double[][] a2DArray)

Basically this method takes a two dimensional array as input and returns the smallest elements inside. As we learned in class, in order to do this, we will need to write a nested for loop, the outer for loop iterates on each of the rows, where the inner for loop iterates on each of the columns of the 2D array. Very similar as we did in step #4, except that we need to declare and intialize a local variable leastAmt as follows:

double leastAmt = a2DArray[0][0];

for (/* loop logic - iterates on each of the rows */)
{
    for (/* loop logic - iterate on each of the columns */)
        {
        if (a2DArray[row][column] < leastAmt)
            //replace leastAmt with the two-D array element at (row, column)
        }

}
return leastAmt;

1.6 Step 6: Call findGroupTotal()and findLeastAmtFood() methods in main()

Continue on what we have left in step 4, now we need to call findGroupTotal() and  findLeastAmtFood() methods on the two-dimensional array food. Since both method returns a double value, you might need to declare any necessary variables to hold the returned value, such as the following:

double groupTotal;

When we call a method with 2D array as input parameter, we just need to plug in the actual parameter's name, such as the following:

groupTotal = findGroupTotal(food);    //find total on 2D array food

Next, you need to do simple computation to find the average amount of food ate per day by the entire family of monkeys, which equals to the groupTotal divided by number of days, then output the computation result according to the test cases.

Similarly, call findLeastAmtFood()method on two dimensional array food, declare any necessary local variables here and output the result as test cases show.

1.7 Step 7: Find each of the monkey's consumption of food during the week

Still inside the main() method, for 2D array food, we need to find the sum of each of the rows, this corresponds to each of the monkeys' consumption of food in the whole week. Use monkey #1 as an example, first we declare a local variable totalOne which will be used to hold monkey #1's total consumption,

double totalOne = 0.0;

Next, we write a for loop which iterates on each of the days in a week (column of 2D array food) and sum the elements one-by-one as follows:

for (int day = 0; day < NUM_DAYS; day++)
    totalOne += food[0][day];

we then output the result on screen:

System.out.print("\nMonkey #1 eat total of " + fmt.format(totalOne) + " pounds of food in this week.\n");

//Follow above monkey #1's example, compute and output monkey #2 & #3's total consumption of food in one week

//----

1.8 Step 8: Find the average of food the 3 monkeys eat on Monday and Saturday

Continue on above step 7, we now need to find the total amount of food the 3 monkeys ate on Monday or Saturday, this corresponds to sum of all elements in column 0 and 5 of 2D array food respectively. Always keep in mind that index starts from 0!

Let's compute the average of food the three monkeys ate on Monday first, we declare a local variable totalMonday which will be used to hold the total consumption, on Monday

double totalMonday = 0.0;

Next, we need to write a for loop which iterates on each of the monkeys on Monday (row of 2D array food), note for Monday, the column index is 0,

for (int monkey = 0; monkey < 3; monkey ++)
        totalMonday += food[monkey][0];

Last, we compute the average and output accordingly,

double averageMon = totalMonday / 3.0;

//Follow above Monday example, compute and output the average of food the three monkeys consumed on Saturday.

//----

In: Computer Science

Bowdeen Manufacturing intends to issue callable, perpetual bonds with annual coupon payments and a par value...

Bowdeen Manufacturing intends to issue callable, perpetual bonds with annual coupon payments and a par value of $1,000. The bonds are callable at $1,235. One-year interest rates are 9 percent. There is a 60 percent probability that long-term interest rates one year from today will be 10 percent, and a 40 percent probability that they will be 8 percent. Assume that if interest rates fall the bonds will be called. What coupon rate should the bonds have in order to sell at par value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

In: Finance

Scores: 57, 49, 53, 60, 58, 59, 48, What is the mean of these scores?   (round your...

Scores: 57, 49, 53, 60, 58, 59, 48,

  1. What is the mean of these scores?   (round your answer to 2 decimal places)
  2. What is the median?
  3. What is the estimated standard deviation of the population based on this sample?   (round your answer to 2 decimal places)

In: Math

4. A simple random sample of 800 elements generates a sample proportion j5 = .70. a....

4.

A simple random sample of 800 elements generates a sample proportion j5 =

.70.

a.

Provide a 90% confidence interval for the population proportion.

b.

Provide a 95% confidence interval for the population proportion.

In: Math

Perl Programming Write a Perl script that computes compound interest balance, A, based on input from...

Perl Programming

Write a Perl script that computes compound interest balance, A, based on input from user for P, n, r and t.

In: Computer Science

Write a Java program that sorts an array of “Student” in an aescending order of their...

Write a Java program that sorts an array of “Student” in an aescending order of their “last names”. The program should be able to apply (Insertion sort):

Student [] studs = new Student[8];

s[0] = new Student("Saoud", "Mohamed", 3.61);

s[1] = new Student("Abdelkader", "Farouk", 2.83);

s[2] = new Student("Beshr" , "Alsharqawy", 1.99);

s[3] = new Student("Nader", "Salah", 3.02);

s[4] = new Student("Basem", "Hawary", 2.65);

s[5] = new Student("Abdullah", "Babaker", 2.88);

s[6] = new Student("Abdelaal", "Khairy", 3.13);

s[7] = new Student("Mohamedain", "Marsily", 4.00);

In: Computer Science

Consider a project to supply 108 million postage stamps per year to the U.S. Postal Service...

Consider a project to supply 108 million postage stamps per year to the U.S. Postal Service for the next five years. You have an idle parcel of land available that cost $1,745,000 five years ago; if the land were sold today, it would net you $1,820,000 aftertax. The land can be sold for $1,756,000 after taxes in five years. You will need to install $5.75 million in new manufacturing plant and equipment to actually produce the stamps; this plant and equipment will be depreciated straight-line to zero over the project’s five-year life. The equipment can be sold for $745,000 at the end of the project. You will also need $615,000 in initial net working capital for the project, and an additional investment of $58,000 in every year thereafter. Your production costs are .56 cents per stamp, and you have fixed costs of $1,130,000 per year.

If your tax rate is 24 percent and your required return on this project is 10 percent, what bid price should you submit on the contract?

In: Finance

Explain why you agree or disagree with the following statements. If I were to supply my...

Explain why you agree or disagree with the following statements.

If I were to supply my kitchen with fresh food, I can use the fixed-order quantity model because , like most people, I only go to the grocery store when the supply is low and since the number of people who consume the food stays the same, I would purchase the same amount. On the other hand, if I were to obtain a daily newspaper, I would use the fixed- time period model because it would only be a one-time purchase. Lastly, if I were to buy gas for my car, I would use the fixed-order quantity model because it is refilled when or before it hits empty. The usage of the gas varies so the time to refill it also differs.

With so much productive capacity and room for expansion in the United States, a company based in the United States would choose to purchase items from a foreign firm for several reasons. Products from foreign firms are generally more affordable but are of high quality. Labor wages associated with producing these products are much lower in foreign countries than in the United States. Lower costs help the company generate higher revenues. Also, in some countries, laws and regulations are less strict than in the United States.

However, purchasing items from a foreign firm also has disadvantages. Purchasing items from a foreign firm involves higher transportation and tax-related costs. Language barrier and cultural differences are also present in business operations in a foreign market.

In: Operations Management

How does the proposal change in content, depending upon your audience (i.e., technical, financial, managerial, etc.)?

How does the proposal change in content, depending upon your audience (i.e., technical, financial, managerial, etc.)?

In: Computer Science

How many drives are needed for RAID 0, RAID 1, RAID 5, and RAID 10 and...

How many drives are needed for RAID 0, RAID 1, RAID 5, and RAID 10 and why?

In: Computer Science