You are a bond portfolio manager who is in the business of providing a guaranteed rate of return to your clients over a given investment horizon. The following information has been provided to you on bonds X and Y

                                       Bond          Coupon          Maturity               Price

                                          X                  8%               10 Years                96.72

                                          Y                  9%              30 Years              105.37

1.   What fractions should be invested in X and Y to obtain a portfolio with duration of a) 8 years b) 9 years c) 10 years?

Why is competence such an effective builder of self esteem?

a) Find a bug in the code snippet below. Assume that a, b, c and d are correctly declared and initialized integer variables.

a = b+c
if (a=d) then

  print *,”A equals to D”
else

  print *,”A does not equal D”
end if

b) Find a bug in the code snippet below. Assume that a,b,and c are correctly declared and initialized integer variables.

if (a+b) > c) then
  print *,”Sum of A+B is greater than C”

end if

LarkspurFurniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $6,000,000 on January 1, 2020. Larkspur expected to complete the building by December 31, 2020. Larkspur has the following debt obligations outstanding during the construction period.

A. Assume that Larkspur completed the office and warehouse building on December 31, 2020, as planned at a total cost of $6,240,000, and the weighted-average amount of accumulated expenditures was $4,320,000. Compute the avoidable interest on this project. (Use interest rates rounded to 2 decimal places, e.g. 7.58% for computational purposes and round final answers to 0 decimal places, e.g. 5,275.)

B. Compute the depreciation expense for the year ended December 31, 2021. Larkspur elected to depreciate the building on a straight-line basis and determined that the asset has a useful life of 30 years and a salvage value of $360,000. (Round answer to 0 decimal places, e.g. 5,275.)

A car travels downhill at 72 mile/hour, on level ground at 63 mile/hour, and uphill at only 56 mile/hour. The car takes 4 hours to travel from town A to town B. The return trip takes 4 hour and 40 mines. Find the distance between the two towns.

Write a series of codes using WHILE loops C++

1. Ask the user for a number and adds even numbers for 1 to the user entered number.

2. Write another piece of code that asks the user for 2 numbers and adds up the numbers between and including the numbers.

3. Write another piece of code that asks user for a file name and then add up all the numbers for the file.

Alanya Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? IRR?

Has to be done by hand! Not excel

a.True or false. The Federal Insurance Office of the U.S. Treasury offers insurance companies the opportunity of an optional federal charter, which allows them to be regulated at the federal level rather than by multiple states.

b.A stock with a 5% dividend yield is priced at $100. If the projected growth rate of dividends is 3% (forever), what is the company’s cost of equity according to the dividend discount model?

c. Suppose the exchange rate with the United Kingdom is 25 dollars per UK pound, and that the US one year interest rate is 2% while the UK one year interest rate is 0.5%. What is the expected exchange rate in one year if interest parity holds?

Quantitative Problem 1: Beasley Industries' sales are expected to increase from $4 million in 2019 to $5 million in 2020, or by 25%. Its assets totaled $2 million at the end of 2019. Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2019, current liabilities are $780,000, consisting of $160,000 of accounts payable, $450,000 of notes payable, and $170,000 of accrued liabilities. Its profit margin is forecasted to be 4%, and its dividend payout ratio is 70%. Using the AFN equation, forecast the additional funds Beasley will need for the coming year. Do not round intermediate calculations. Round your answer to the nearest dollar.
$  

The AFN equation assumes that ratios remain constant. However, firms are not always operating at full capacity so adjustments need to be made to the existing asset forecast. Excess capacity adjustments are changes made to the existing asset forecast because the firm is not operating at full capacity. For example, a firm may not be at full capacity with respect to its fixed assets. First, the firm's management must find out the firm's full capacity sales as follows:

Next, management would calculate the firm's target fixed assets ratio as follows:

Finally, management would use the target fixed assets ratio with the projected sales to calculate the firm's required level of fixed assets as follows:

Required level of fixed assets = (Target fixed assets/Sales) × Projected sales

Quantitative Problem 2: Mitchell Manufacturing Company has $1,700,000,000 in sales and $350,000,000 in fixed assets. Currently, the company's fixed assets are operating at 70% of capacity.

1. What level of sales could Mitchell have obtained if it had been operating at full capacity? Do not round intermediate calculations. Round your answer to the nearest dollar.
   $  
2. What is Mitchell's Target fixed assets/Sales ratio? Do not round intermediate calculations. Round your answer to two decimal places.
   %
3. If Mitchell's sales increase by 60%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio? Do not round intermediate calculations. Round your answer to the nearest dollar.
   $  

For the following data values below, construct a 98% confidence interval if the sample mean is known to be 9.808 and the population standard deviation is 5.013. (Round to the nearest thousandth) (Type your answer in using parentheses!Use a comma when inputing your answers! Do not type any unnecessary spaces! List your answers in ascending order!) for example: (0.45,0.78)

6.6, 2.2, 18.5, 7.0, 13.7, 5.4, 5.3, 5.9, 4.7, 14.5

2.0, 14.8, 8.1, 18.6, 4.5, 17.7, 15.9, 15.1, 8.6, 5.2

15.3, 5.6, 10.0, 8.2, 8.3, 9.9, 13.7, 8.5, 8.2, 7.9

17.2, 6.1, 13.7, 5.7, 6.0, 17.3, 4.2, 14.7, 15.2, 3.3

3.2, 9.1, 8.0, 18.9, 14.2, 5.1, 5.7, 16.4, 10.1, 6.4

3. We want to estimate the difference between the mean starting salaries for recent graduates with mechanical engineering and aerospace engineering bachelor’s degrees from an university. The following information is provided:

a) A random sample of 49 starting salaries for mechanical engineering graduates produced a sample mean of $64,650 and a standard deviation of $7,000.

b) A random sample of 36 starting salaries for aerospace engineering graduates produced a sample mean of $63,420 and a standard deviation of $6,830.

(1) Find a 95% confidence interval for the difference between the two mean starting salaries.

(2) Someone made a statement that mechanical engineering new graduates make more money than aerospace engineering new graduates on average at the university. Do you agree with the statement? Explain why.

IN WHAT TYPES OF SITUATIONS IS QUEUING ANALYSIS MOST APPROPRIATE? WHAT ARE THE MOST COMMON MEASURES OF SYSTEM PERFORMANCE IN A QUEUING ANALYSIS?