Estimate the firm's stock price using the information below | ||||||||
You may use the time value of money formula or the Excel NPV function | ||||||||
Beta | 1.24 | |||||||
rf | 1% | |||||||
MRP | 5% | |||||||
SHOW EQUATIONS USED IN EXCEL | ||||||||
Time | Dividend ($) | Div growth (g) | ||||||
0 | 5.00 | |||||||
1 | 0% | |||||||
2 | 9% | |||||||
3 | 7% | |||||||
4 | 5% | |||||||
5 | 3% | |||||||
6 | 2% | per year, forever | ||||||
7 | ||||||||
8 | ||||||||
9 | ||||||||
10 |
In: Finance
We are not positive because life is easy. We are positive because life can be hard. Explain, What impact does being positive have on our work life?
In: Operations Management
Under what conditions do floating point numbers represent something other than a number and what do they then represent?
In: Computer Science
Thirty-four small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 41.7 cases per year.
(a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)
lower limit | |
upper limit | |
margin of error |
(b) Find a 95% confidence interval for the population mean annual
number of reported larceny cases in such communities. What is the
margin of error? (Round your answers to one decimal place.)
lower limit | |
upper limit | |
margin of error |
(c) Find a 99% confidence interval for the population mean annual
number of reported larceny cases in such communities. What is the
margin of error? (Round your answers to one decimal place.)
lower limit | |
upper limit | |
margin of error |
(d) Compare the margins of error for parts (a) through (c). As the confidence levels increase, do the margins of error increase?
As the confidence level increases, the margin of error decreases.
As the confidence level increases, the margin of error remains the same.
As the confidence level increases, the margin of error increases.
(e) Compare the lengths of the confidence intervals for parts (a)
through (c). As the confidence levels increase, do the confidence
intervals increase in length?
As the confidence level increases, the confidence interval increases in length.
As the confidence level increases, the confidence interval remains the same length.
As the confidence level increases, the confidence interval decreases in length.
In: Math
50 mL of 0.060 M K2CrO4 is mixed with 50 mL of 0.080 M AgNO3. Calculate the following:
a. The solubility of Ag2CrO4 (Ksp = 1.9 X 10-12) in the solution in moles per liter.
b. The concentrations of the following ions Ag+, CrO4-2, K+, and NO3-.
In: Chemistry
Market Top Investors, Inc., is considering the purchase of a $365,000 computer with an economic life of four years. The computer will be fully depreciated over four years using the straight-line method, at which time it will be worth $114,000. The computer will replace two office employees whose combined annual salaries are $95,000. The machine will also immediately lower the firm’s required net working capital by $84,000. This amount of net working capital will need to be replaced once the machine is sold. The corporate tax rate is 24 percent. The appropriate discount rate is 9 percent. |
Calculate the NPV of this project. |
In: Finance
Constraint |
Television |
Radio |
Magazine |
Newspaper |
Audience reached per ad |
1,600 |
1,300 |
1,000 |
2,200 |
Cost ($) per ad |
1,400 |
400 |
700 |
1,200 |
Maximum media available |
40 |
45 |
55 |
70 |
Samulson has the promotional budget of $175,000. To ensure a balanced use of advertising media, radio advertisements must not exceed 35% of the total number of advertisements. Television should account for at least 30% of the total number of advertisements. Television and radio together may not exceed twice of the total of magazine and newspaper advertisements. In addition, the company has decided to use at least 20 ads in each media.
Set up a linear programming model to maximize audience reached.
In: Operations Management
4. (20 pts) GA Industries manufactures handling equipment used in distribution centers. One product, called a Liftmaster, has three components: a frame with strap, a motor and two supports. The most recent order has been for 4000 Liftmasters for next month. The sales and production departments must work together to determine delivery schedules. Although the processes used in the manufacture of the three components vary, there are three areas where the production manager is concerned about the availability of resources. These three areas, their usage by the three components, and their availability are detailed in the table.
Resource |
Frame |
Motor |
Support |
Available |
Steel |
32 |
7 |
12 |
54000 units |
Cutting |
26 |
15 |
9 |
35000 minutes |
Shaping |
25 |
11 |
5 |
28000 minutes |
A quick look at the amounts available confirms that GA does not have the resources to fill this contract. A subcontractor, who can make an unlimited number of each of the three components, quotes the prices below.
Component |
Subcontractor Cost |
GA Cost |
Frame |
50 |
36 |
Motor |
16 |
14 |
Support |
8 |
6 |
The subcontractor requires that the minimum purchase of frame is 600. Due to their production capacity onstraint, the subcontractor can only supply up to 2500 motors.
Develop a linear programming model that would tell GA how to fill the order for 4000 Liftmasters at the minimum cost.
In: Operations Management
Dividends
Keener Company has had 800 shares of 7%, $100 par preferred stock and 44,000 shares of $5 stated value common stock outstanding for the last 3 years. During that period, dividends paid totaled $4,600, $27,700, and $31,800 for each year, respectively.
Required:
Compute the amount of dividends that Keener must have paid to
preferred shareholders and common shareholders in each of the 3
years, given the following 3 independent assumptions:
If an amount is zero, enter "0".
3. Preferred stock is fully participating and cumulative.
Keener Company | |||
Schedule of Dividends | |||
Preferred | Common | Total | |
Year 1 | $4600 | $ | $4600 |
Year 2 | $ | $ | $27700 |
Year 3 | $ | $ | $31800 |
In: Accounting
Aday Acoustics, Inc., projects unit sales for a new 7-octave voice emulation implant as follows: |
Year | Unit Sales | |||
1 | 76,500 | |||
2 | 81,900 | |||
3 | 88,200 | |||
4 | 84,800 | |||
5 | 72,300 | |||
Production of the implants will require $1,550,000 in net working capital to start and additional net working capital investments each year equal to 20 percent of the projected sales increase for the following year. Total fixed costs are $4,150,000 per year, variable production costs are $150 per unit, and the units are priced at $332 each. The equipment needed to begin production has an installed cost of $19,200,000. Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus qualifies as 7-year MACRS property. In five years, this equipment can be sold for about 25 percent of its acquisition cost. The company is in the 25 percent marginal tax bracket and has a required return on all its projects of 15 percent. MACRS schedule. |
What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
What is the IRR of the project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
In: Finance
ISP have been allocated the address block 200.23.16.0/20 ISP, wants to divide its address block into four equal sized address blocks and give one to each of four organizations. Write the address range and also subnet mask for each organization
In: Computer Science
1. Describe the similarities and differences between the studies conducted at Yale University and Stanford University.
2. Sexual harassment is a critical area for misbehavior in companies. Can a company eliminate sexual harassment? Why or Why not?
3. Diversity is an important issue in all organizations. What is the importance of addressing diversity, and how can diversity be achieved?
In: Operations Management
1.Use the Virtual Library to conduct research on effective speaking skills. Create an outline including the most important information.
2. Explain the term “claim” as used in academic writing and give an example.
In: Psychology
Exam question 8: Instrumentation amplifier - Input coupling
8.a): What is the purpose of implementation of an input coupling on an instrumentation amplifier to measure the electrophysiological signals?
(Hint: This is the first component of our electronic system; i.e. the component to which the electrodes are connected. This means that it is necessary to consider safety aspects and that it is the part of the instrumentation system that is most sensitive to noise.)
8.b): Draw an example of an AC-coupled instrumentation amplifier and explain the diagram.
(Hint: What does AC coupling mean when translated into filter terminology (high-pass, low-pass, band-pass, etc.))
8.c): Which type of noise can you reduce by an implementation of the things you described in 8.b)?
(Hint: What noise typically occurs in this frequency range? (according to the answer to 8b))
In: Electrical Engineering
In a minimum of 100 words
Anxiety is fast becoming a top priority in clinical psychology. What are the evidence based treatments for this condition? Know that there are many types of anxiety.
In: Psychology