1) How does capital investment affect the marginal physical product of labor? Does more college education have the same kind of effect? Which is a better investment? Please explain your answers in detail.
(2) While explaining your answer in detail, if you wish, you can also include an example. According to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. It is well known that many companies have management training programs in which new trainees are paid relatively high starting salaries and are not expected to make substantial contributions to the company until after the program is over (programs may run between 6 to 18 months). In offering such training programs, is a company violating the optimality rule? Explain.
In: Operations Management
Growth Company's current share price is $ 20.10 and it is expected to pay a $ 0.95 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 4.4 % per year. a. What is an estimate of Growth Company's cost of equity? b. Growth Company also has preferred stock outstanding that pays a $ 2.25 per share fixed dividend. If this stock is currently priced at $ 28.15, what is Growth Company's cost of preferred stock? c. Growth Company has existing debt issued three years ago with a coupon rate of 6.1 %. The firm just issued new debt at par with a coupon rate of 6.4 %. What is Growth Company's cost of debt? d. Growth Company has 5.3 million common shares outstanding and 1.4 million preferred shares outstanding, and its equity has a total book value of $ 49.9 million. Its liabilities have a market value of $ 19.5 million. If Growth Company's common and preferred shares are priced as in parts (a) and (b), what is the market value of Growth Company's assets? e. Growth Company faces a 38 % tax rate. Given the information in parts (a) through (d), and your answers to those problems, what is Growth Company's WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield.
In: Finance
GSU president is trying to analyze crime rates so they can shift their patrols from decreasing-rate areas to areas where rates are increasing. The city and county have been geographically segmented into areas containing 5,100 residences. The police recognize that not all crimes and offenses are reported: people do not want to become involved, consider the offenses too small to report, are too embarrassed to make a police report, or do not take the time, among other reasons. Every month, because of this, the police are contacting by phone a random sample of 1,020 of the 5,100 residences for data on crime. (Respondents are namelessness.) Here are the data collected for the past 12 months for one area:
MONTH CRIME SAMPLE CRIME
INCIDENCE SIZE RATE
January 9 1,020 0
February 11 1,020 0
March 9 1,020 0
April 9 1,020 0
May 9 1,020 0
June 11 1,020 0
July 10 1,020 0
August 12 1,020 0
September 10 1,020 0
October 13 1,020 0
November 11 1,020 0
December 10 1,020 0
a. Determine the P−, Sp, UCL and LCL for a p-chart of 95 percent confidence (at Z = 1.96). (Round your answers to 5 decimal places.)
P−
Sp
UCL
LCL
b. If the next three months show crime incidences in this area as
January = 10 (out of 1,020 sampled)
February = 12 (out of 1,020 sampled)
March = 11 (out of 1,020 sampled)
What comments can you make regarding the crime rate?
The process is in control.
The process is out of control
In: Operations Management
A 13.35-year maturity zero-coupon bond selling at a yield to maturity of 8% (effective annual yield) has convexity of 164.2 and modified duration of 12.36 years. A 40-year maturity 6% coupon bond making annual coupon payments also selling at a yield to maturity of 8% has nearly identical modified duration—-12.30 years—-but considerably higher convexity of 272.9.
a. Suppose the yield to maturity on both bonds
increases to 9%. What will be the actual percentage capital loss on
each bond? What percentage capital loss would be predicted by the
duration-with-convexity rule? (Do not round intermediate
calculations. Round your answers to 2 decimal
places.)
| Zero-Coupon Bond | Coupon Bond | |||
| Actual loss | % | % | ||
| Predicted loss | % | % | ||
b. Suppose the yield to maturity on both bonds
decreases to 7%. What will be the actual percentage capital gain on
each bond? What percentage capital gain would be predicted by the
duration-with-convexity rule? (Do not round intermediate
calculations. Round your answers to 2 decimal
places.)
| Zero-Coupon Bond | Coupon Bond | |||
| Actual gain | % | % | ||
| Predicted gain | % | % | ||
In: Finance
1. Solve the equations 256? ≡ 442(??? 60), 3? + 4 ≡ 6(??? 13).
5. Prove that ?2 + ? + 1 is an irreducible polynomial of degree 2.
In: Advanced Math
What was the significance of the Battle of Stone's River?
In: Psychology
When an opinion poll calls landline telephone numbers at random,
approximately 30% of the numbers are working residential phone
numbers. The remainder are either non-residential, non-working, or
computer/fax numbers. You watch the random dialing machine make 20
calls. (Round your answers to four decimal places.)
(a) What is the probability that exactly 4 calls reach working
residential numbers?
(b) What is the probability that at most 4 calls reach working
residential numbers?
(c) What is the probability that at least 4 calls reach working
residential numbers?
(d) What is the probability that fewer than 4 calls reach working
residential numbers?
(e) What is the probability that more than 4 calls reach working
residential numbers?
In: Math
In: Finance
In: Electrical Engineering
In: Computer Science
Q5: Which type of RAM is used exclusively in laptops?
Q6: Which firmware security standard can be used to store disk encryption keys?
Q7: Which RAID level is Disk Mirroring?
Q8: Which type of printer uses toner?
Q9: Which technique do 3D printers use to create objects?
Q10: Which of the following item DOES NOT store data?
In: Computer Science
In Java
Design a Triangle class (Triangle.java) that extends GeometricObject. Draw the UML diagram for both classes and implement Triangle. The Triangle class contains: ▪ Three double data fields named side1, side2, and side3 with default values 1.0 to denote three sides of the triangle. ▪ A no-arg constructor that creates a default triangle. ▪ A constructor that creates a triangle with the specified side1, side2, side3, color, and filled arguments. ▪ The accessor methods for all three data fields. ▪ A method named getArea() that returns the area of this triangle. ▪ A method named getPerimeter() that returns the perimeter of this triangle. ▪ A method named toString() that returns a string description for the triangle. return "Triangle: side1 = " + side1 + " side2 = " + side2 + " side3 = " + side3; The formulas to compute the area of a triangle are as follows: ? = (????1 + ????2 + ????3) 2 ???? = √?(? − ????1)(? − ????2)(? − ????3) The implementation for the Triangle’s toString() method is as follows: return "Triangle:\n" + super.toString() + "\nTriangle: side1 = " + side1 + " side2 = " + side2 + " side3 = " + side3; Download the attached project: HomeworkCh11.zip. Complete the HomeworkCh11.java test program as follows 1. Prompt the user to enter a. Each of the three sides of a triangle, b. the Triangle’s color, and c. whether the triangle is filled. 2. The program should create a Triangle object with these sides and set the color and filled properties using the input. 3. The program should display the area, perimeter, color, and true or false to indicate whether it is filled or not. 4.
Create an ArrayList and add at least one of each of the following objects to it: Triangle, String, Rectangle, Date, Circle. The list should contain at least seven objects.
The implementation for instantiating the ArrayList and adding objects to it is as follows: ArrayListlist = new ArrayList(); list.add(new Circle(1.5, "green", true)); list.add(new Date()); 5. Create a loop to display all the elements in the list by invoking its toString method. Use the instanceof operator to invoke the correct getArea() and getPerimeter() methods to display additional information about each shape object.
In: Computer Science
Java programming
Create a application with a method void (after main()
) that creates an array and asks for the user fill it with float
numbers.
This array have infinite elements until the user decide that it is
enough and input a command to stop.
Display this array's elements data in another method
void.
Thanks for your help!
In: Computer Science
Given what you’ve learned from personal experience, from your readings, or from others’ experiences, what advice would you give to someone about to purchase a new home? You can discuss practical matters, loan-related matters, etc.
In: Finance
On November 1, 2009, Riley Corp. sold a $700 million bond issue to finance the purchase of a new distribution facility. These bonds were issued in $1,000 denominations with a maturity date of November 1, 2049. The bonds have a coupon rate of 6.00% with interest paid semiannually. Required: a) Determine the value today, November 1, 2019 of one of these bonds to an investor who requires an 8 percent return on these bonds. Why is the value today different from the par value? b) Assume that the bonds are selling for $890.00. Determine the current yield and the yield-to-maturity. Explain what these terms mean. c) Explain what layers or textures of risk play a role in the determination of the required rate of return on Riley’s bonds.
In: Finance