Questions
You are required to use a financial calculator or spreadsheet (Excel) to solve 10 problems related...

You are required to use a financial calculator or spreadsheet (Excel) to solve 10 problems related to the risk and return, stocks and bonds valuation. You are required to show the following 3 steps for each problem:


(i) Describe and interpret the assumptions related to the problem.
(ii) Apply the appropriate mathematical model to solve the problem.
(iii) Calculate the correct solution to the problem.

1. A $1,000 par value 8-year bond with a 13 percent coupon rate recently sold for $980. What is the yield to maturity if the bond makes semiannual payments? Submit your answer as a percentage rounded to two decimal places.

2. Consider a 7 year bond with face value $1,000 that pays an 8.4% coupon semi-annually and has a yield-to-maturity of 6.9%. What is the approximate percentage change in the price of bond if interest rates in the economy are expected to increase by 0.40% per year? Submit your answer as a percentage and round to two decimal places. (Hint: What is the expected price of the bond before and after the change in interest rates?)

3. Nippon, Inc. expects its current annual $30 per share common stock dividend to remain the same for the foreseeable future. What is the intrinsic value of the stock to an investor with a required return of 9.2%? Round to two decimal places.

In: Finance

Problem 16-7AA FIFO: Process cost summary, equivalent units, cost estimates LO C2, C3, C4, P4 [The...

Problem 16-7AA FIFO: Process cost summary, equivalent units, cost estimates LO C2, C3, C4, P4

[The following information applies to the questions displayed below.]

Dengo Co. makes a trail mix in two departments: roasting and blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. During October, the roasting department completed and transferred 26,000 units to the blending department. Of the units completed, 4,900 were from beginning inventory and the remaining 21,100 were started and completed during the month. Beginning work in process was 100% complete with respect to direct materials and 30% complete with respect to conversion. The company has 4,300 units (100% complete with respect to direct materials and 70% complete with respect to conversion) in process at month-end. Information on the roasting department’s costs of beginning work in process inventory and costs added during the month follows.

Cost Direct Materials Conversion
Of beginning work in process inventory $ 11,800 $ 114,390
Added during the month 340,360 1,487,160

Problem 16-7A Part 1

Required:
1. Prepare the roasting department's process cost summary for October using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)

Total costs to account for:
Total costs to account for:
Unit reconciliation:
Units to account for:
Total units to account for
Total units accounted for:
Total units accounted for
Equivalent units of production (EUP)- FIFO method
Units % Materials EUP- Materials % Conversion EUP- Conversion
Total units
Cost per equivalent unit of production Materials Conversion
Total costs Costs Costs
÷ Equivalent units of production EUP EUP
Cost per equivalent unit of production (rounded to 2 decimals)
Total costs accounted for:
Beginning Inventory Cost:
Cost to complete beginning inventory EUP Cost per EUP Total cost
Direct materials
Conversion
Total cost to complete beginning inventory
Total cost of units in beginning inventory
Cost of units started and completed EUP Cost per EUP Total cost
Direct materials
Conversion
Total cost of units started and completed
Total cost of units transferred out
Costs of ending work in process EUP Cost per EUP Total cost
Direct materials
Conversion
Total cost of ending work in process
Total costs accounted for

Problem 16-7A Part 2

2. Prepare the journal entry dated October 31 to transfer the cost of completed units to the blending department. (Do not round your intermediate calculations.)

  • Record the transfer of goods from Roasting to Blending.

In: Accounting

Challenge: Dog Description: Create a Dog class that contains specified properties and methods. Create an instance...

Challenge: Dog

Description: Create a Dog class that contains specified properties and methods. Create an instance of Dog and use its methods.

Purpose: This application provides experience with creating classes and instances of objects in C#.

Requirements:

Project Name: Dog
Target Platform: Console
Programming Language: C#

Documentation:

  • Types and variables (Links to an external site.) (Microsoft)
  • Classes and objects (Links to an external site.) (Microsoft)
  • Enums (Links to an external site.) (Microsoft)

Create a class called Dog.

Dog is to have the following public properties:

  • name (of type string)
  • owner (of type string)
  • age (of type int)
  • gender (of type Gender)

Gender is a enum type you need to create that contains Male and Female.

Create a constructor (Links to an external site.) in the class to initialize all of the properties when creating an instance.

Create a method (function in the class) called Bark that takes one parameter that is the number of times to bark and prints “Woof!” that many times to the Console.

Create a method called GetTag that takes no parameters and returns a string. The method returns “If lost, call [owner]. [‘Her’|‘His’] name is [name] and [‘she’|‘he’] is [age] [‘year’|‘years’] old.”

[owner] means replace with the name of the owner.

[‘Her’|‘His’] means choose to display “Her” or “His” based on the gender of the Dog.

[name] means replace with the name of the Dog.

[‘she’|‘he’] means choose to display “she” or “he” based on the gender of the Dog.

[‘year’|‘years’] means to choose to display “year” or “years” depending on the age of the Dog. If age is 1, use “year”. If any other age, use “years”.

In the Main function of the application, test that instances of Dog can be created and that the methods work. In the following, “Orion” is the name of the Dog instance, “Shawn” is the owner, 1 is the age, and Gender.Male is the gender.

Dog puppy = Dog("Orion", "Shawn", 1, Gender.Male);  // create object instance
puppy.Bark(3); // output: Woof!Woof!Woof!
Console.WriteLine(puppy.GetTag()); // output: If lost, call Shawn. His name is Orion and he is 1 year old.

Dog myDog = Dog("Lileu", "Dale", 4, Gender.Female);  // create object instance
myDog.Bark(1); // output: Woof!
Console.WriteLine(myDog.GetTag()); // output: If lost, call Dale. Her name is Lileu and she is 4 years old.

Submission

You are to submit a zip file of the project directory for the application you create. The entire project is to be submitted. Find the project folder that holds the Visual Studio project and zip it.

When you finish can you send pictures of the code with spacing

In: Computer Science

Goldberg Company is a retail sporting goods store that uses an accrual accounting system. Facts regarding...

Goldberg Company is a retail sporting goods store that uses an accrual accounting system. Facts regarding its operations follow:

Sales are budgeted at $290,000 for December and $260,000 for January, terms 1/eom, n/60.

Collections are expected to be 50% in the month of sale and 48% in the month following the sale. Two percent of sales are expected to be uncollectible and recorded in an allowance account at the end of the month of sales. Bad debts expense is included as part of operating expenses.

Gross margin is 30% of sales.

All accounts receivable are from credit sales. Bad debts are written off against the allowance account at the end of the month following the month of sale.

Goldberg desires to have 80% of the merchandise for the following month’s sales on hand at the end of each month. Payment for merchandise is made in the month following the month of purchase.

Other monthly operating expenses to be paid in cash total $23,200.

Annual depreciation is $204,000, one-twelfth of which is reflected as part of monthly operating expenses.

Goldberg Company’s statement of financial position at the close of business on November 30 follows:

GOLDBERG COMPANY
Statement of Financial Position
November 30, 2016
Assets
  Cash $ 24,000
  Accounts receivable (net of $4,000 allowance for doubtful accounts) 68,000
  Inventory 162,400
  Property, plant, and equipment (net of $640,000 accumulated depreciation) 1,020,000
  Total assets $ 1,274,400
Liabilities and Stockholders’ Equity
  Accounts payable $ 144,000
  Common stock 800,000
  Retained earnings 330,400
  Total liabilities and equity $ 1,274,400
Required:
1.

What is the total of budgeted cash collections for December? (Do not round intermediate calculations.)

2.

How much is the book value of accounts receivable at the end of December? (Do not round intermediate calculations.)

3.

How much is the income (loss) before income taxes for December? (Do not round intermediate calculations.)

4.

What is the projected balance in inventory on December 31, 2016? (Do not round intermediate calculations.)

5.

What are budgeted purchases for December? (Do not round intermediate calculations.)

6.

What is the projected balance in accounts payable on December 31, 2016? (Do not round intermediate calculations.)

In: Accounting

Randomly selected 10 student cars have ages with a mean of 7.2 years and a standard...

Randomly selected 10 student cars have ages with a mean of 7.2 years and a standard deviation of 3.4 years, while randomly selected 31 faculty cars have ages with a mean of 5.9 years and a standard deviation of 3.5 years.

1. Use a 0.01 significance level to test the claim that student cars are older than faculty cars.

(a) The test statistic is

(b) The critical value is 2.326

(c) Is there sufficient evidence to support the claim that student cars are older than faculty cars? A. No B. Yes

2. Construct a 99% confidence interval estimate of the difference μs−μf, where μs is the mean age of student cars and μf is the mean age of faculty cars. <(μs−μf)<

In: Math

Horizontal rays of red light (λ = 660 nm, in vacuum) and violet light (λ =...

Horizontal rays of red light (λ = 660 nm, in vacuum) and violet light (λ = 410 nm, in vacuum) are incident on the flint-glass prism shown in the drawing. The indices of refraction for the red and violet light are nred = 1.662 and nviolet = 1.698. The prism is surrounded by air. What is the angle of refraction for (a) red ray, (b) violet ray as it emerges from the prism?

In: Physics

Past behavior is one of the best predictors of future crime. True False

Past behavior is one of the best predictors of future crime.

True

False

In: Psychology

In ‘Market Demand Analysis & Forecasting’ what aspects an asset manager (or an organization) should consider?

In ‘Market Demand Analysis & Forecasting’ what aspects an asset manager (or an organization) should consider?

In: Operations Management

5.31       Calculating Interest Expense You receive a credit card application from Shady Banks Savings and Loan...

5.31       Calculating Interest Expense

You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of .9 percent per year, compounded monthly for the first six months, increasing thereafter to 18.5 percent compounded monthly. Assuming you transfer the $10,000 balance from your existing credit card and make no subsequent payments, how much interest will you owe at the end of the first year?

In: Finance

Project Assignment Construct the Y_bus matrix of a given power network by computer programming, preferably MATLAB....

Project Assignment

Construct the Y_bus matrix of a given power network by computer programming, preferably MATLAB. Note that the necessary data are available in the IEEE common data format; and as the working data, you can use the IEEE 14-bus system data.

Due Date: December 26, 2019.

IEEE-Format Data for 14-Bus System

08/19/93 UW ARCHIVE           100.0  1962 W IEEE 14 Bus Test Case
BUS DATA FOLLOWS                            14 ITEMS
   1 Bus 1     HV  1  1  3 1.060    0.0      0.0      0.0    232.4   -16.9     0.0  1.060     0.0     0.0   0.0    0.0        0
   2 Bus 2     HV  1  1  2 1.045  -4.98     21.7     12.7     40.0    42.4     0.0  1.045    50.0   -40.0   0.0    0.0        0
   3 Bus 3     HV  1  1  2 1.010 -12.72     94.2     19.0      0.0    23.4     0.0  1.010    40.0     0.0   0.0    0.0        0
   4 Bus 4     HV  1  1  0 1.019 -10.33     47.8     -3.9      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
   5 Bus 5     HV  1  1  0 1.020  -8.78      7.6      1.6      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
   6 Bus 6     LV  1  1  2 1.070 -14.22     11.2      7.5      0.0    12.2     0.0  1.070    24.0    -6.0   0.0    0.0        0
   7 Bus 7     ZV  1  1  0 1.062 -13.37      0.0      0.0      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
   8 Bus 8     TV  1  1  2 1.090 -13.36      0.0      0.0      0.0    17.4     0.0  1.090    24.0    -6.0   0.0    0.0        0
   9 Bus 9     LV  1  1  0 1.056 -14.94     29.5     16.6      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.19       0
  10 Bus 10    LV  1  1  0 1.051 -15.10      9.0      5.8      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
  11 Bus 11    LV  1  1  0 1.057 -14.79      3.5      1.8      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
  12 Bus 12    LV  1  1  0 1.055 -15.07      6.1      1.6      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
  13 Bus 13    LV  1  1  0 1.050 -15.16     13.5      5.8      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
  14 Bus 14    LV  1  1  0 1.036 -16.04     14.9      5.0      0.0     0.0     0.0  0.0       0.0     0.0   0.0    0.0        0
-999 
BRANCH DATA FOLLOWS                         20 ITEMS
   1    2  1  1 1 0  0.01938   0.05917     0.0528     0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   1    5  1  1 1 0  0.05403   0.22304     0.0492     0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   2    3  1  1 1 0  0.04699   0.19797     0.0438     0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   2    4  1  1 1 0  0.05811   0.17632     0.0340     0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   2    5  1  1 1 0  0.05695   0.17388     0.0346     0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   3    4  1  1 1 0  0.06701   0.17103     0.0128     0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   4    5  1  1 1 0  0.01335   0.04211     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   4    7  1  1 1 0  0.0       0.20912     0.0        0     0     0    0 0  0.978     0.0 0.0    0.0     0.0    0.0   0.0
   4    9  1  1 1 0  0.0       0.55618     0.0        0     0     0    0 0  0.969     0.0 0.0    0.0     0.0    0.0   0.0
   5    6  1  1 1 0  0.0       0.25202     0.0        0     0     0    0 0  0.932     0.0 0.0    0.0     0.0    0.0   0.0
   6   11  1  1 1 0  0.09498   0.19890     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   6   12  1  1 1 0  0.12291   0.25581     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   6   13  1  1 1 0  0.06615   0.13027     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   7    8  1  1 1 0  0.0       0.17615     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   7    9  1  1 1 0  0.0       0.11001     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   9   10  1  1 1 0  0.03181   0.08450     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
   9   14  1  1 1 0  0.12711   0.27038     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
  10   11  1  1 1 0  0.08205   0.19207     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
  12   13  1  1 1 0  0.22092   0.19988     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
  13   14  1  1 1 0  0.17093   0.34802     0.0        0     0     0    0 0  0.0       0.0 0.0    0.0     0.0    0.0   0.0
-999
LOSS ZONES FOLLOWS                     1 ITEMS
  1 IEEE 14 BUS
-99
INTERCHANGE DATA FOLLOWS                 1 ITEMS
 1    2 Bus 2     HV    0.0  999.99  IEEE14  IEEE 14 Bus Test Case
-9
TIE LINES FOLLOWS                     0 ITEMS
-999
END OF DATA

IEEE Common Data Format

  

Partial Description of the IEEE Common Data Format for the    
Exchange of Solved Load Flow Data

The complete description can be found in the paper "Common Data
Format for the Exchange of Solved Load Flow Data", Working Group on a
Common Format for the Exchange of Solved Load Flow Data, _IEEE
Transactions on Power Apparatus and Systems_, Vol. PAS-92, No. 6,
November/December 1973, pp. 1916-1925.

The data file has lines of up to 128 characters. The lines are grouped
into sections with section headers. Data items are entered in specific
columns. No blank items are allowed, enter zeros instead. Floating point
items should have explicit decimal point. No implicit decimal points
are used.

Data type codes: A - Alphanumeric (no special characters)
                 I - Integer
                 F - Floating point
                 * - Mandatory item

Title Data
==========

First card in file.

Columns  2- 9   Date, in format DD/MM/YY with leading zeros. If no date
                provided, use 0b/0b/0b where b is blank.

Columns 11-30   Originator's name (A)

Columns 32-37   MVA Base (F*)

Columns 39-42   Year (I)

Column  44      Season (S - Summer, W - Winter)

Column  46-73   Case identification (A)

Bus Data *
==========

Section start card *:
---------------------

Columns  1-16   BUS DATA FOLLOWS (not clear that any more than BUS in
                1-3 is significant) *

Columns  ?- ?   NNNNN ITEMS (column not clear, I would not count on this)

Bus data cards *:
-----------------

Columns  1- 4   Bus number (I) *
Columns  7-17   Name (A) (left justify) *
Columns 19-20   Load flow area number (I) Don't use zero! *
Columns 21-23   Loss zone number (I)
Columns 25-26   Type (I) *
                 0 - Unregulated (load, PQ)
                 1 - Hold MVAR generation within voltage limits, (PQ)
                 2 - Hold voltage within VAR limits (gen, PV)
                 3 - Hold voltage and angle (swing, V-Theta) (must always
                      have one)
Columns 28-33   Final voltage, p.u. (F) *
Columns 34-40   Final angle, degrees (F) *
Columns 41-49   Load MW (F) *
Columns 50-59   Load MVAR (F) *
Columns 60-67   Generation MW (F) *
Columns 68-75   Generation MVAR (F) *
Columns 77-83   Base KV (F)
Columns 85-90   Desired volts (pu) (F) (This is desired remote voltage if
                this bus is controlling another bus.
Columns 91-98   Maximum MVAR or voltage limit (F)
Columns 99-106  Minimum MVAR or voltage limit (F)
Columns 107-114 Shunt conductance G (per unit) (F) *
Columns 115-122 Shunt susceptance B (per unit) (F) *
Columns 124-127 Remote controlled bus number

Section end card:
-----------------

Columns  1- 4   -999

Branch Data *
=============

Section start card *:
---------------------

Columns  1-16   BRANCH DATA FOLLOWS (not clear that any more than BRANCH
                is significant) *

Columns 40?- ?  NNNNN ITEMS (column not clear, I would not count on this)

Branch data cards *:
--------------------

Columns  1- 4   Tap bus number (I) *
                 For transformers or phase shifters, the side of the model
                 the non-unity tap is on
Columns  6- 9   Z bus number (I) *
                 For transformers and phase shifters, the side of the model
                 the device impedance is on.
Columns 11-12   Load flow area (I)
Columns 13-14   Loss zone (I)
Column  17      Circuit (I) * (Use 1 for single lines)
Column  19      Type (I) *
                 0 - Transmission line
                 1 - Fixed tap
                 2 - Variable tap for voltage control (TCUL, LTC)
                 3 - Variable tap (turns ratio) for MVAR control
                 4 - Variable phase angle for MW control (phase shifter)
Columns 20-29   Branch resistance R, per unit (F) *
Columns 30-40   Branch reactance X, per unit (F) * No zero impedance lines
Columns 41-50   Line charging B, per unit (F) * (total line charging, +B)
Columns 51-55   Line MVA rating No 1 (I) Left justify!
Columns 57-61   Line MVA rating No 2 (I) Left justify!
Columns 63-67   Line MVA rating No 3 (I) Left justify!
Columns 69-72   Control bus number
Column  74      Side (I)
                 0 - Controlled bus is one of the terminals
                 1 - Controlled bus is near the tap side
                 2 - Controlled bus is near the impedance side (Z bus)
Columns 77-82   Transformer final turns ratio (F)
Columns 84-90   Transformer (phase shifter) final angle (F)
Columns 91-97   Minimum tap or phase shift (F)
Columns 98-104  Maximum tap or phase shift (F)
Columns 106-111 Step size (F)
Columns 113-119 Minimum voltage, MVAR or MW limit (F)
Columns 120-126 Maximum voltage, MVAR or MW limit (F)

Section end card:
-----------------

Columns  1- 4   -999

Loss Zone Data
==============

Section start card
------------------

Columns  1-16   LOSS ZONES FOLLOWS (not clear that any more than LOSS
                is significant)

Columns 40?- ?  NNNNN ITEMS (column not clear, I would not count on this)

Loss Zone Cards:
----------------

Columns  1- 3   Loss zone number  (I)
Columns  5-16   Loss zone name (A)

Section end card:
-----------------

Columns  1- 3   -99

Interchange Data *
==================

Section start card
------------------

Columns  1-16   INTERCHANGE DATA FOLLOWS (not clear that any more than 
                first word is significant).
Columns 40?- ?  NNNNN ITEMS (column not clear, I would not count on this)

Interchange Data Cards *:
-------------------------

Columns  1- 2   Area number (I) no zeros! *
Columns  4- 7   Interchange slack bus number (I) *
Columns  9-20   Alternate swing bus name (A)
Columns 21-28   Area interchange export, MW (F) (+ = out) *
Columns 30-35   Area interchange tolerance, MW (F) *
Columns 38-43   Area code (abbreviated name) (A) *
Columns 46-75   Area name (A)

Section end card:
-----------------

Columns  1- 2   -9

Tie Line Data
=============

Section start card
------------------

Columns  1-16   TIE LINES FOLLOW (not clear that any more than TIE
                is significant)

Columns 40?- ?  NNNNN ITEMS (column not clear, I would not count on this)

Tie Line Cards:
---------------

Columns  1- 4   Metered bus number (I)
Columns  7-8    Metered area number (I)
Columns  11-14  Non-metered bus number (I)
Columns  17-18  Non-metered area number (I)
Column   21     Circuit number

Section end card:
-----------------

Columns  1- 3   -999

In: Electrical Engineering

ABC paid a dividend of $3.00 this past year. The dividends are expected to grow at...

ABC paid a dividend of $3.00 this past year. The dividends are expected to grow at a rate of 20% for the next three years, and at a constant 3% rate thereafter. The required rate of return for investors in this stock is 10%. Calculate the value of this stock today.

In: Finance

What would be appropriate fiscal ( expansionary or contractionary ) policy for our economy right now?...

What would be appropriate fiscal ( expansionary or contractionary ) policy for our economy right now? and why?

In: Economics

What does relational closure mean, and what is its significance in application design? What techniques can...

  1. What does relational closure mean, and what is its significance in application design?
  2. What techniques can be used to minimize deadlocks, and how?
  3. Compare and contrast performance problems with availability problems.
  4. Describe three types of technology that can help alleviate availability issues in a database

In: Computer Science

Evaluate the following pure-yield pickup swap: You currently hold a 15-year, AA-rated, 8.5% coupon bond priced...

Evaluate the following pure-yield pickup swap: You currently hold a 15-year, AA-rated, 8.5% coupon bond priced to yield 11.0%. As a swap candidate, you are considering a 15-year, AA-rated, 10.5% coupon bond priced to yield 12.0%. (Assume reinvestment at 11.0%, $1,000 par value, semiannual coupons.) Do not round intermediate calculations. Round your monetary answers to the nearest cent and percentage answers and value of swap to two decimal places. You may use Appendix C to answer the questions.

Current Bond Candidate Bond
Dollar investment $   $  
Annual coupon $   $  
i on one coupon $   $  
Principal value at year end $   $  
Total accrued $   $  
Realized compound yield   %   %

Value of swap:   basis points in one year

In: Finance

Please provide a PESTEL analysis on Bayer the pharmaceutical company.

Please provide a PESTEL analysis on Bayer the pharmaceutical company.

In: Economics