. Consider the following data:
Portfolio |
Expected return |
beta |
a |
10% |
1.1 |
b |
14% |
1.4 |
c |
18% |
2.0 |
Portfolios a, b, and c are well diversified. If there is an arbitrage opportunity, how will it be done?
A. Buy stocks a and short stocks b and c,
B. buy stocks a and b and short c,
C. buy stock b and short a and c.
D. There is no arbitrage opportunity.
Please can somebody answer this? I think there is no arbitrage opportunity since 1 of the betas has to be equal to 0. Please correct me if I'm wrong
In: Finance
What do publication do I need to cite
In: Accounting
n = 2.35 mol of Hydrogen gas is initially at T = 322 K temperature and pi = 2.86×105 Pa pressure. The gas is then reversibly and isothermally compressed until its pressure reaches pf = 8.33×105 Pa. What is the volume of the gas at the end of the compression process?
How much work did the external force perform?
How much heat did the gas emit?
How much entropy did the gas emit?
What would be the temperature of the gas, if the gas was allowed to adiabatically expand back to its original pressure?
In: Physics
A battery can provide a current of 3.4 A at 2.2 V for 1.5 hr. How much energy (in kj) is produced?
In: Chemistry
1. What effect does the presence of metal cations have on the color of a solution containing EBT at pH 10
2. What effect does the presence of metal cations have on the color of solution containing EDTA at pH 10?
3. Which ligand, EBT or EDTA, should be used as an indicator for a metal complexation reaction? What metals could this indicator be used for? Why?
4. Which ligand, EBT or EDTA, has a greater affinity for metal cations? What observations support your answer?
5. The water hardness titration is performed by first adding EBT and pH 10 buffer to the water sample, and then titrating with EDTA solution. Assuming that the water sample has calcium cations, what will be the color of the solution before and after the endpoint is reached? What do you tihnk the color at exactly the endpoint volume will be?
In: Chemistry
Electronic Manufacturing cannot be realized without Advance Manufacturing Technology. Justify this statement with appropriate examples.
In: Mechanical Engineering
In: Operations Management
Why do humans have different skin color? Does UVR play a significant role in this and what is the history of pigmentation in reference to our ancestors?
In: Biology
Miller Cereals is a small milling company that makes a single brand of cereal. Recently, a business school intern recommended that the company introduce a second cereal in order to “diversify the product portfolio.” Currently, the company shows an operating profit that is 20 percent of sales. With the single product, other costs were twice the cost of rent.
The intern estimated that the incremental profit of the new cereal would only be 7.5 percent of the incremental revenue, but it would still add to total profit. On his last day, the intern told Miller’s marketing manager that his analysis was on the company laptop in a spreadsheet with a file name, NewProduct.xlsx. The intern then left for a 12-month walkabout in the outback of Australia and cannot be reached.
When the marketing manager opened the file, it was corrupted and could not be opened. She then found an early (incomplete) copy on the company’s backup server. The incomplete spreadsheet is shown as follows. The marketing manager then called a cost management accountant in the controller’s office and asked for help in reconstructing the analysis.
Required:
As the management accountant, fill in the blank cells. (Do not round intermediate calculations. Round your final answers to the nearest whole number. Enter all amounts as positive values.)
Miller Cereals
Projected Income Statement
For One Year
Status Quo: |
% increase |
Alternative |
|||
Single Product |
(Decrease) |
Two Products |
Difference |
||
Sales revenue |
? |
40 |
% |
? |
74,000 |
Costs |
|||||
Material |
54,000 |
? |
67,000 |
? |
|
Labor |
? |
35 |
% |
67,000 |
? |
Rent |
? |
50 |
% |
? |
? |
Depreciation |
9,400 |
? |
% |
9,400 |
|
Utilities |
? |
6,400 |
1,700 |
||
Other |
? |
? |
? |
||
Total Costs |
? |
? |
? |
||
Operating Profit |
? |
? |
% |
? |
? |
In: Accounting
•As the world is getting more and more connected, will the world become uni-cultural in the near future? Which are the homogenizing and which the hydrogenizing forces in general? And in your home country Finland? How do you see the relation of culture and globalization in light of the recent pandemic (incl. how countries are (re)acting)?
In: Operations Management
Schedule of Cost of Goods Manufactured and
Sold
At December 31,2016, the end of its fiscal year, Kelly Metal
Products Corporation collected the following data for 2016
Materials inventory, January 1 | $128,000 |
Materials inventory, December 31 | 88,000 |
Work in process inventory, January 1 | 136,000 |
Work in process inventory, December 31 | 180,000 |
Finished goods inventory, January 1 | 84,000 |
Finished goods inventory, December 31 | 72,000 |
Net delivered cost of materials purchased | 840,000 |
Direct labor | 540,000 |
Indirect material | 52,000 |
Indirect labor | 100,000 |
Factory supplies used | 48,000 |
Factory depreciation | 312,000 |
Factory repairs and maintenance | 112,000 |
Selling expenses (total) | 252,000 |
Non-factory administrative expenses (total) | 228,000 |
Prepare a schedule of cost of goods manufactured and sold for Kelly Metal Products Corporation for the year ended December 31,2016, assuming that there were no other manufacturing overhead items than those listed above.
Do not use negative signs with any of your answers.
Direct material: | |||||
Beginning materials inventory:
|
In: Accounting
According to data, domestic violence has been falling dramatically over the last 10 to 20 years. Is this attributed to mandatory arrest policies or to some other factor? Explain and elaborate.
In: Psychology
3. A 98.0 kg hockey player skating at 2.12 m/s 32° S of W is body checked by an 87.0 kg opponent who is skating at 1.40 m/s 42° N of E. They collide inelastically and stick together. a. What is the velocity of the pair immediately after the collision? Solve using both methods. .
Trig. Method (include a vector diagram)
Component Method (show all work)
b. Determine the impulse imparted to the 98.0 kg player. Show a complete vector diagram and label your answer.
c. From what you know about Impulse, what would the Impulse for the 87.0 kg player be? Provide both magnitude and direction. (you need not calculate if you understand the concepts)
d. State what you found out for questions b and c above and justify your results using I = Favg t. State any of the appropriate Newton’s Laws to help explain. No calculations are necessary. Simply justify what you found out from (b) and (c) by using the other equation for Impulse, I = Favg t.
In: Physics
Raymond Mining Corporation has 8.3 million shares of common stock outstanding, 270,000 shares of 5% $100 par value preferred stock outstanding, and 139,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $31 per share and has a beta of 1.15, the preferred stock currently sells for $93 per share, and the bonds have 15 years to maturity and sell for 112% of par. The market risk premium is 7.1%, T-bills are yielding 4%, and Raymond Mining’s tax is 30%.
a. What is the firm’s market value capital structure? (Enter your answers in whole dollars.)
b. If Raymond Mining is evaluating a new investment project that has the same risk as the firm’s typical project, what rate should the firm use to discount the project’s cash flows? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 3 decimal places.)
In: Finance
Why would UnderArmour want to be sure that consumers can clearly see different. models as well as its mission and guarantee on the brand’s website? Justify your answer with relevant theories and concepts. about 600 words
In: Operations Management