Questions
There are two well–diversified portfolios in the economy, portfolio A and portfolio B. Portfolio A has...

There are two well–diversified portfolios in the economy, portfolio A and portfolio B. Portfolio A has beta of 1.5 and expected return of 14%, while portfolio B has beta 0.9 and expected return of 11.4%. If the expected return on the market is 12% and risk–free rate is 6%, is there an arbitrage opportunity? If so, show your arbitrage strategy.

In: Finance

#include <stdlib.h> #include <stdio.h> #include <string.h> void clrScreen(int lines){     int i = 0;     for( i =...

#include <stdlib.h>

#include <stdio.h>

#include <string.h>

void clrScreen(int lines){

    int i = 0;

    for( i = 0; i < lines; ++i ){

        printf("\n");

    }

    return;

}

void printRules(void){

    printf("\t|*~*~*~*~*~*~*~*~*~ How to Play ~*~*~*~*~*~*~*~*~*~|\n");

    printf("\t|   This is a 2 player game. Player 1 enters the   |\n");

    printf("\t|   word player 2 has to guess. Player 2 gets a    |\n");

    printf("\t|   number of guesses equal to twice the number    |\n");

    printf("\t|   of characters. EX: If the word is 'example'    |\n");

    printf("\t|   player 2 gets 14 guesses.                      |\n");

    printf("\t|*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~|\n");

    clrScreen(10);

    return;

}

//------------------------------------------------------------------------------------------------------------

/* /\DO NOT MODIFY ABOVE THIS LINE /\*/

void playGame(){

int correctGuess = 1;

    char garbage;

clrScreen(40);

    printRules();

    printf("Player 1: Enter a word smaller than 50 characters: ");

    clrScreen(40);

    if( -1 == correctGuess ){

        printf("CoNgRaTuLaTiOnS!!!!!! You figured out the word!!!\n");

        printf("\t\t%s\n");

    } else {

        printf("You didn't figure out the word.....it was %s\n");

        printf("Better luck next time!\n");

    }

    printf("Press 'enter' to continue to main menu.\n");

    scanf("%c", &garbage);

}

int menu(void){

    int loop = 1;

    while( loop ){

        clrScreen(40);

        printf("*~*~*~*~*~*~*~*~*~*~Welcome to Hangman!*~*~*~*~*~*~*~*~*~*~\n");

        printf("\t1.) Play the game\n");

        printf("\t2.) Quit\n");

        printf("Please make a selection: ");

    }

}

/*

    hangman game RULES:

    2 player game

        player 1

            enter a word for player 2 to guess

            enter a number of guesses player 2 gets to have. It must be at least 2x as big

                as the number of letters in the word.

            For example, if you enter the word 'sky' you must give the player at least 6 guesses.

        player 2

            try to guess the word player 1 has entered.

            you get X number of guesses

*/

int main(void){

    return 0;

}

//In c programming language

//please help me finish this hangman program. Thank you.

In: Computer Science

XYZ corp. is considering investing in a new machine. The new machine cost will $ 10,000...

XYZ corp. is considering investing in a new machine. The new machine cost will $ 10,000 installed. Depreciation expense on the new machine will be $1000 per year for the next five years. At the end of the fifth year XYZ expects to sell the machine for $6000. XYZ will also sell its old machine today that has a book value of $3000 for $3000. The old machine has depreciation expense of $600 per year. Additionally, XYZ Corp expects that the new machine will increase its EBIT by $2000 in each of the next five years. Assuming that XYZ’s marginal tax rate is 21% and the projects WACC is 15%, What is the projects NPV? Round your final answer to two decimals.

In: Finance

Given the year end prices of the following stocks, estimate the standard deviation of the returns...

Given the year end prices of the following stocks, estimate the standard deviation of the returns of a portfolio of 30% AAA and 70% BBB. Enter your answer as a percent without the % sign. Round your final answer to two decimals.

Year AAA BBB
2006 100 55
2007 105 65
2008 120 60
2009 110 70
2010 130 65
2011 160 80

In: Finance

Consider about the working conditions and regulatory environment in clothing factories in Bangladesh, in which many...

Consider about the working conditions and regulatory environment in clothing factories in Bangladesh, in which many economists warn about quick fixes for wages and the imposition of U.S. safety standards on foreign factories. They offer the following figures to illustrate that the issue of labor conditions in other countries is complex. In Bangladesh, clothing factories get about $6.75 per shirt. These are the factory costs:

  1. $4.75 for the fabric and thread
  2. $1.00 for the shirt's labels
  3. $0.38 wage costs for each shirt (workers earn $70 to $80 a month)
  4. $0.15 per shirt for laundering

Hence, That leaves $0.47 per shirt for facilities, shipment, marketing, and perhaps the interest on loans. Furthermore, the cost of living in Bangladesh is $40 per month for rent, and food per adult is $13 per month. Milk for a child is $5 per month. Those who work in the factories are generally the main wage earners in their families because no other jobs pay as well.

Base of the case above, answer the following questions:

  1. Given this analysis, where do you see some fixes for the safety and wage issues?
  2. What needs to be done besides instituting codes of ethics and factory and labor standards?
  3. Assume that you are a manager for a clothing firm in the United States and you are being sent to Bangladesh to select a new manufacturer for your clothing lines. Discuss some of the issues that will affect your decisions about choosing a new facility to work with.

In: Economics

An investor who owns a corporate bond with an 8.50% coupon rate that pays coupons semiannually...

An investor who owns a corporate bond with an 8.50% coupon rate that pays coupons semiannually and matures in 18 months is considering its sale. If the required rate of return on the bond is 10% with continuous compounding, and the face value is $100, then the price of the bond is

In: Finance

Is there a difference between a leader and a manager and if so, what is it?...

  1. Is there a difference between a leader and a manager and if so, what is it?
  1. Define efficiency and effectiveness.
  1. What are the seven challenges for managers?
  1. Name the four Functions of management
  1. What are the levels of management?
  1. What is the difference between a Functional vs. General Manager?
  1. Define for profit, non-profit, mutual benefit organizations
  1. What are the three managerial roles?
  1. What is an entrepreneur?
  1. What skill sets do managers need?

In: Operations Management

“International trade is beneficial to developing countries.” Do you agree? Discuss your arguments with the support...

“International trade is beneficial to developing countries.” Do you agree? Discuss your arguments with the support of at least one international trade theory.

In: Economics

How would you determine if an existing Early childhood Education checklist or rating scale is appropriate...

How would you determine if an existing Early childhood Education checklist or rating scale is appropriate for children of various cultures? Give an example of a behavior or development that would be be best studied via the checklist and rating scales and an example of a behavior that would be difficult to assess.

In: Psychology

Think of a product that you purchased within the past 6 months Discuss these questions relative...

Think of a product that you purchased within the past 6 months

Discuss these questions relative to the purchased product. Your answers should align with how these stages are done based on the consumer decision model in text.

Each Questions is mandatory to be solved with details.

  1. How did you recognize that you needed the product?
  2. Where or how you search for information on alternative products that would satisfy this need (product)?
  3. What alternatives did the search process generate and what variables did you use to make the final decision to buy?
  4. Where did you buy the product and why?
  5. Were you satisfied after using or consuming the product? Explain.
  6. There are 5 categories of influences as outlined by your text: economic, psychological. social, culture and ethnicity, purchase situation. Which one(s) do you think had the greatest effect on your purchasing decision? Please explain.  

NOTE: There are actually six questions you have to answer in this.

Don't forget to answer about the categories of influences.

Thank you in Advance.

In: Operations Management

Out of the 3 approaches: 1. A centralized department that has experts on staff who charter...

Out of the 3 approaches: 1. A centralized department that has experts on staff who charter and lead projects throughout the organization, 2. A centralized department that only conducts training in process improvement and maintains the project management office. All projects are led by line staff that has been trained in using various process improvement tools. 3. The use of outside consultants to lead process improvement projects, which is the best approach recommended to a hospital with 50 employees who is struggling to meet financial goals?

In: Operations Management

For Frantz Fanon, who or what is ultimately responsible for the type of violence in he...

For Frantz Fanon, who or what is ultimately responsible for the type of violence in he trying to explain in his book Black Face White Mask?

In: Psychology

Locate and retrieve the most current ranking of the best global brands (include your list) and...

Locate and retrieve the most current ranking of the best global brands (include your list) and identify the criteria used in compiling this list (provide cite and the source’s ranking criteria).

Which countries appear to dominate the top 100 global brands list? Why do you think this is the case? Look at which sectors appear to dominate the list, and try to identify the reasons.

Prepare a short paper identifying the countries that possess the most global brands and the potential reasons for the success of these brands. To complete this exercise, you must look at numerous cultural and diversity factors. Discern what allows certain companies to succeed. The answer must consider in numerous country factors, such as education system, literacy rate, poverty, rights of women, political system, corruption, culture, attitudes toward work, legal systems, currency fluctuations, and any other factors that we have discussed in this course that you think contributes to certain companies and/or countries ability to provide/promote successful enterprises. Please consider the interplay of the variables together.

In: Economics

Bernie's restaurant is considering two different cash flow management programs in the table below: A if...

Bernie's restaurant is considering two different cash flow management programs in the table below:
A if the required rate of return is 15%, calculate the net present value (net present value) of the two projects
.present value (NPV)
B. calculate the internal rate of return (IRR) of these two projects

C. calculation of the two projects profitability index (profitability index)
D. which project should Bernie adopt? Why is that?



Bernie's Restaurants Capital Budgeting Projects
Burney restaurant capital budget project
Net cash flow of item A net cash flow of item B net cash flow of item A
0 - $90000 - $100000
1 $40,000 $50,000
2 $40,000 $50,000
3 $40,000 $50,000
4 $40,000 $50.000

In: Finance

Castle, Inc., has no debt outstanding and a total market value of $150,000. Earnings before interest...

Castle, Inc., has no debt outstanding and a total market value of $150,000. Earnings before interest and taxes, EBIT, are projected to be $36,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 15 percent higher. If there is a recession, then EBIT will be 25 percent lower. The firm is considering a debt issue of $95,000 with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 6,000 shares outstanding. Ignore taxes for questions a and b. Assume the stock price remains constant.


a-1. Calculate return on equity (ROE) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)


ROE
Recession %
Normal %
Expansion %

a-2. Calculate the percentage changes in ROE when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to the nearest whole number, e.g., 32.)

  


% change in ROE
Recession %
Expansion %

Assume the firm goes through with the proposed recapitalization.
b-1. Calculate the return on equity (ROE) under each of the three economic scenarios. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  


ROE
Recession %
Normal %
Expansion %

b-2. Calculate the percentage changes in ROE when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  


% change in ROE
Recession %
Expansion %

Assume the firm has a tax rate of 35 percent.
c-1. Calculate return on equity (ROE) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  


ROE
Recession %
Normal %
Expansion %

c-2. Calculate the percentage changes in ROE when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to the nearest whole number, e.g., 32.)




% change in ROE
Recession %
Expansion %

c-3. Calculate the return on equity (ROE) under each of the three economic scenarios assuming the firm goes through with the recapitalization. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)




ROE
Recession %
Normal %
Expansion %

c-4. Given the recapitalization, calculate the percentage changes in ROE when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)




% change in ROE
Recession %
Expansion %

In: Finance