Questions
Suppose that the government is going to auction off permits equal to one third of total...

Suppose that the government is going to auction off permits equal to one third of total emissions in the economy (so two-thirds of all emissions must be abated), and that there will be a competitive market for permits sold on an exchange (i.e., in a market) with publicly posted prices so that it is very easy to buy or sell permits. Suppose now that a firm with a marginal abatement cost of $8 has a special opportunity to buy 100 permits at a price of $15 per permit.

True or False: The firm should buy the permits even though their marginal cost is below $15.

In: Economics

One year​ ago, your company purchased a machine used in manufacturing for $ 90 comma 000$90,000....

One year​ ago, your company purchased a machine used in manufacturing for

$ 90 comma 000$90,000.

You have learned that a new machine is available that offers many advantages and you can purchase it for

$ 140 comma 000$140,000

today. It will be depreciated on a​ straight-line basis over 10 years and has no salvage value. You expect that the new machine will produce a gross margin​ (revenues minus operating expenses other than​ depreciation) of

$ 35 comma 000$35,000

per year for the next 10 years. The current machine is expected to produce a gross margin of

$ 24 comma 000$24,000

per year. The current machine is being depreciated on a​ straight-line basis over a useful life of 11​ years, and has no salvage​ value, so depreciation expense for the current machine is

$ 8 comma 182$8,182

per year. The market value today of the current machine is

$ 65 comma 000$65,000.

Your​ company's tax rate is

45 %45%​,

and the opportunity cost of capital for this type of equipment is

10 %10%.

Should your company replace its​ year-old machine?

In: Finance

What are some of the reasons firms use WACC when evaluating potential projects? Why not simply...

  1. What are some of the reasons firms use WACC when evaluating potential projects?
  2. Why not simply use cost of debt or just cost of equity?

In: Finance

QUESTION 57 What is the duration of a 7-year zero coupon bond priced to yield 10%?...

QUESTION 57

  1. What is the duration of a 7-year zero coupon bond priced to yield 10%?

    a. 5.55.

    b. 5.93.

    c. 6.34.

    d. 7.00.

QUESTION 58

  1. Which of the following statements is correct about duration?

    a. Duration will always be less than the maturity for a bond.

    b. The duration of a bond increases as YTM increases.

    c. Modified duration is a precise measure of the change in the price of a bond based on a change in interest rates.

    d. The duration of a portfolio equals the sum of the weighting of each portfolio component multiplied by its duration.

In: Finance

How does Frantzn Fanon explain "Black on Black" violence in his book Black faces White Mask?

How does Frantzn Fanon explain "Black on Black" violence in his book Black faces White Mask?

In: Psychology

What do you think would be appropriate punishment for those found guilty of assault or indecent...

  1. What do you think would be appropriate punishment for those found guilty of assault or indecent exposure in the Tailhook situation ? Why? And do you believe gender and/or serving in the military may influence attitudes and opinions (note that men can be the victims of sexual harassment and abuse)?
  2. Have you ever felt obligated to do something you felt was wrong because a person in a position of authority told you to do it?

In: Psychology

INSTRUCTIONS: Weber's analysis of legitimate authority: traditional, charismatic, and rational-legal. Which of these three types of...

INSTRUCTIONS: Weber's analysis of legitimate authority: traditional, charismatic, and rational-legal. Which of these three types of authority serves a healthcare manager the best, in your opinion? Describe that type of authority and defend your position.

In: Operations Management

A walk –in cooler 3 m by 5 m by 3m High equipped with twelve 0.6...

A walk –in cooler 3 m by 5 m by 3m High equipped with twelve 0.6 m by 0.6 m triple-glass doors is used for general purpose storage in a drive-in market (heavy usage). The walls are insulated with 50 mm of expanded cut cell polystyrene, and the cooler is to be maintained at 2°C. Compute the cooling load in kilowatts based on a 16-h operating time if the ambient temperature is 25°C.

In: Mechanical Engineering

Research Methods & Designs: Write a 5-page (3 pages of content) description of qualitative, quantitative, and...

Research Methods & Designs: Write a 5-page (3 pages of content) description of qualitative, quantitative, and mixed methods research methodologies including: • the characteristics of each research method, • when the use of each research method is most appropriate, • and similarities and differences in the research methods. Describe the research method and research design that best fits your major area of study including: • the reasons for selecting the research method, • the reasons for selecting the research design, • and why it is the best fit for research conducted in your major area of study.

In: Computer Science

We end with leadership, which many would argue should be at the start of any organization....

We end with leadership, which many would argue should be at the start of any organization.

Discuss the importance of leadership behaviors in effective strategy implementation. What qualities and behaviors do you believe are most important in a leader relevant to strategy implementation. If applicable, include your personal experiences.

In: Operations Management

The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $65,000. It had an...

The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $65,000. It had an expected life of 10 years when it was bought and its remaining depreciation is $6,500 per year for each year of its remaining life. As older flange-lippers are robust and useful machines, this one can be sold for $20,000 at the end of its useful life.

A new high-efficiency digital-controlled flange-lipper can be purchased for $160,000, including installation costs. During its 5-year life, it will reduce cash operating expenses by $25,000 per year, although it will not affect sales. At the end of its useful life, the high-efficiency machine is estimated to be worthless. MACRS depreciation will be used, and the machine will be depreciated over its 3-year class life rather than its 5-year economic life, so the applicable depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%.

The old machine can be sold today for $30,000. The firm's tax rate is 35%, and the appropriate cost of capital is 15%.

  1. If the new flange-lipper is purchased, what is the amount of the initial cash flow at Year 0? Round your answer to the nearest dollar. Cash outflow, if any, should be indicated by a minus sign.

    $  

  2. What are the incremental net cash flows that will occur at the end of Years 1 through 5? Do not round intermediate calculations. Round your answers to the nearest dollar. Cash outflows, if any, should be indicated by a minus sign.

    CF1 $  
    CF2 $  
    CF3 $  
    CF4 $  
    CF5 $  
  3. What is the NPV of this project? Do not round intermediate calculations. Round your answer to the nearest whole dollar. Negative value, if any, should be indicated by a minus sign.

    $  

    Should Everly replace the flange-lipper?

    -Select-YesNoItem 8

In: Finance

Scenario You are a defense attorney and an eyewitness to the crime in question has given...

Scenario

You are a defense attorney and an eyewitness to the crime in question has given testimony identifying your client as the culprit. Given what you know about effortful vs. automatic encoding, state-dependent and mood-congruent memory, interference, and the constructive nature of memory (including misinformation, imagination, and source amnesia effects), how would you challenge the validity and reliability of that eyewitness testimony? What arguments would you use to confront the witness in your cross-examination?

Step 1:. Read ONE of the following four research articles and summarize the article's predictions(hypotheses), methods, and findings.

Step 2:  Answer the questions in the Scenario above. Use the research article you've chosen, as well as material from the rest of this lesson, to support your conclusions.

Research Article #1:  Misinformation Effect  https://www.scientificamerican.com/article/evidence-based-justice-acknowledges-our-corrupt-memories/

Research Article #2: Flashbulb memories https://www.usnews.com/news/articles/2016-09-09/flashbulb-memories-of-dramatic-events-such-as-9-11-arent-as-accurate-as-believed

Research Article #3: How accurate are our memories of 9/11?  https://www.scientificamerican.com/article/911-memory-accuracy/

Research Article #4: Eyewitness identification https://www.scientificamerican.com/article/do-the-eyes-have-it/

Your brief summary and evaluation of the reliability of eyewitness testimony (integrating the above-mentioned issues) should be 2-3 pages (double-spaced, 1-inch margins, 12-point font). See the "More About the Eyewitness Identification Assignment" page and the "Eyewitness Identification APA Checklist" for more resources and information. Submit your write-up in the "Major Assignment - Eyewitness Identification" Assignment Tool.

In: Psychology

The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $5,000...

The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $5,000 and has an expected life of 3 years. Annual net cash flows from each project begin 1 year after the initial investment is made and have the following probability distributions:

Project A Project B
Probability Cash Flows Probability Cash Flows
0.2 $5,000 0.2 $        0  
0.6 6,750 0.6 6,750
0.2 7,000 0.2 21,000

BPC has decided to evaluate the riskier project at a 11% rate and the less risky project at a 10% rate.

  1. What is the expected value of the annual cash flows from each project? Do not round intermediate calculations. Round your answers to the nearest dollar.

    Project A Project B
    Net cash flow $ $

    What is the coefficient of variation (CV)? (Hint: σB=$6,890 and CVB=$0.84.) Do not round intermediate calculations. Round σ values to the nearest cent and CV values to two decimal places.

    σ CV
    Project A $
    Project B $
  2. What is the risk-adjusted NPV of each project? Do not round intermediate calculations. Round your answers to the nearest cent.

    Project A $
    Project B $
  3. If it were known that Project B is negatively correlated with other cash flows of the firm whereas Project A is positively correlated, how would this affect the decision?

    This would tend to reinforce the decision to -Select-acceptrejectItem 9 Project B.

    If Project B's cash flows were negatively correlated with gross domestic product (GDP), would that influence your assessment of its risk?

    -Select-YesNoItem 10

In: Finance

Describe Bandura's six disengagement practices

Describe Bandura's six disengagement practices

In: Psychology

Python: Implement a function called monthlyAmortization() that takes the following parameters: the principal amount of the...

Python:

Implement a function called monthlyAmortization() that takes the following parameters:

the principal amount of the loan (p)

the interest rate, or annual rate (r)

the term of the loan in months (t)

the payment amount each period (monthlyPayment)

The function prints the amortization table to a file called amoritizedLoan.txt.

At the end of this file, the fucntion prints the total amount of interest paid for the loan.

The output needs to be nicely formatted as shown below.

The example has the following parameters: for p = 100,000; r = 6% yearly; monthlyPayment = 599.55; t = 30 years, or 360 months:

>>> monthlyAmortization(100000, .06, 360, 599.55)

>>>

The output file amortizedLoan.txt:

Your amortized loan of $100,000.00 for 360 months at 6.0% annual interest rate.

Month    Principal       Interest Payment     Principal Payment    Ending Principal   

    1    $100,000.00          $500.00               $99.55              $99,900.45          

    2    $99,900.45            $499.50               $100.05            $99,800.40          

    3    $99,800.40            $499.00               $100.55            $99,699.85          

    ………………………………………………………………..

358    $1,781.33              $8.91                  $590.64             $1,190.69           

359    $1,190.69              $5.95                 $593.60             $597.09             

360    $597.09                 $2.99                  $596.56             $0.53               

The total amount of interest paid: $115,838.53

-------

The following formulas are helpful:

Remember to convert the annually interest rate to the monthly interest rate: .06/12

Month 1

monthlyInterestPayment = p*r

principalPayment = ($599.55 payment - $500 interest = $99.55 principal payment).

endingPrinciple = principle – principalPayment = 100,000 – 99.55 = 99,900.45

Month 2

principal = last month’s endingPrincipal = 99,900.45

…..

This example was taken from How to Calculate Amortization, October 1, 2019,

https://www.vertex42.com/ExcelArticles/amortization-calculation.html

In: Computer Science