Questions
Assume that you have a firm that owns land that is currently valued at $100 million...

Assume that you have a firm that owns land that is currently valued at $100 million and that the firm has $80 million of zero-coupon debt outstanding. The debt will mature in 1 year. In 1 year, the value of the land will either be $200 million or $50 million. The probability of the value of land increasing is 36.67%. The risk-free rate is 5%. The firm has 2 million shares outstanding. What is the price of 1 share for this firm?

In: Finance

In a test cross of a double heterozygote, each of the recombinant type gametes occurs at...

In a test cross of a double heterozygote, each of the recombinant type gametes occurs at a frequency of 15%. The expected frequency of each of the parental type gametes is

a) 15% b) 20% c) 35% d) 45% e) 50%

In: Biology

MANAGE RISK Question 1 You could be expected to outline the purpose and key elements of...

MANAGE RISK

Question 1

You could be expected to outline the purpose and key elements of current risk management standards. Where would you find this information and how does it link to AS/NZS ISO risk management standards? (160 words)

Answer in your own words

In: Physics

(Covering concepts for Chapter 3 and 8) The following attached file presents the annual returns for...

(Covering concepts for Chapter 3 and 8)

The following attached file presents the annual returns for two mutual funds offered by the investment giant Fidelity. The Fidelity Select Automotive Fund invests primarily in companies engaged in the manufacturing, marketing, or sales of automobiles, trucks, specialty vehicles, parts, tires and related services. The Fidelity Gold Fund invests primarily in companies engaged in exploration, mining, processing, or dealing in gold and, to a lesser degree, in other precious metals and minerals.

In a report, use the above information and attached file to

  1. Calculate descriptive statistics to compare the returns of the mutual funds using the Data Analysis Descriptive Box.
  2. Compare and interpret the mean, median and skewness of Fidelity Select Automotive Fund and Fidelity Select Gold Funds.
  1. Compare and interpret the range and the standard deviation of Fidelity Select Automotive Fund and Fidelity Gold Funds.
  2. Discuss the range of each funds returns? Is the range the best descriptive measure? Why or Why not?
  3. Assess reward by constructing and interpreting 95% confidence intervals for the population mean return. What assumption did you make for interval estimates?

Example p. 314/ Note Use standard deviation as a measure of risk!

Year Automotive Gold
2001 22.82 24.99
2002 -6.48 64.28
2003 43.53 32.09
2004 7.11 -9.79
2005 -1.75 40.7
2006 13.33 25.43
2007 0.01 24.93
2008 -61.2 -20.49
2009 122.28 38
2010 46.18 35.25
2011 -26.16 -16.34
2012 26.17 -12.43
2013 46.67 -51.41
2014 2.79 -8.51
2015 0.17 -17.88
2016 -5.83 47.28

In: Statistics and Probability

A certain substance has a heat of vaporization of 62.41 kJ/mol. At what Kelvin temperature will...

A certain substance has a heat of vaporization of 62.41 kJ/mol. At what Kelvin temperature will the vapor pressure be 5.00 times higher than it was at 317 K?

In: Chemistry

Discuss Culture of Safety: What values ensure a culture of safety? How can healthcare facilities establish...

Discuss Culture of Safety:

What values ensure a culture of safety?

How can healthcare facilities establish a culture of safety?

What is the nurse's role in maintaining a culture of safety?

In: Nursing

Coopy Corp. bought equipment for $500,000 on March 1, 2017 down paying $70,000 and signing a...

Coopy Corp. bought equipment for $500,000 on March 1, 2017 down paying $70,000 and signing a note for the rest. Coopy Corp. agreed to make 20 equal quarterly payments for 5 years starting June 1, 2017. The interest rate on this loan is 12%.

a) How much interst payable should be in Coopy Corp's balance on December 31, 2018?

b) What will be the carrying value (CV) on December 1, 2020 after the payment has been made?

In: Accounting

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products...

Ross Co., Westerfield, Inc., and Jordan Company announced a new agreement to market their respective products in China on July 18, February 12, and October 7, respectively. Given the information below, calculate the cumulative abnormal return (CAR) for these stocks as a group. Assume all companies have an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)

Ross Co. Westerfield, Inc. Jordan Company
Date Market
Return
Company
Return
Date Market
Return
Company
Return
Date Market
Return
Company
Return
July 12 −.3 −.8 Feb 8 −.3 −.8 Oct 1 .5 .6
July 13 .3 .4 Feb 9 −.6 −.8 Oct 2 .4 .6
July 16 .4 .6 Feb 10 .4 .6 Oct 3 .7 1.3
July 17 −.6 −.2 Feb 11 .6 1.2 Oct 6 −.1 −.7
July 18 −1.7 1.3 Feb 12 −.1 .1 Oct 7 −2.2 −.7
July 19 −1.0 −.4 Feb 15 1.1 1.6 Oct 8 .1 .5
July 20 −.9 −1.2 Feb 16 .7 .5 Oct 9 −.5 −.6
July 23 .6 .4 Feb 17 −.1 .0 Oct 10 .1 −.1
July 24 .3 .0 Feb 18 .7 .4 Oct 13 −.5 −.6

Abnormal returns (Ri-RM)

Days from announcement Ross W'field Jordan Sum Average abnormal return Cumulative average residual
-4
-3
-2
-1
0
1
2
3
4

In: Finance

Answer the following question:Be sure to show all your work. Include formulae and units! EVERY TIME!don't...

Answer the following question:Be sure to show all your work. Include formulae and units! EVERY TIME!don't forgot to give relavant diagram.

1.To one liter of water at an initial temperature of 200C is added 200 gm of ice at -50C.Determine the final equilibrium temperature of the mixture, assuming the water/ice system is thermally isolated from its environment.

In: Physics

1. If the monopsony firm is a single-wage firm, then to hire more workers, the firm...

1. If the monopsony firm is a single-wage firm, then to hire more workers, the firm _____.

a. must reduce wages

b. must pay the new workers more

c. must raise the wages of all workers

d. will not change any wage

2. The local tennis stadium has a fixed number of seats for spectators. The equilibrium price to attend games for the Men's Championship is $15 and for Women's Championship is $25. Which of the following is true?

a. Women's games must be more expensive to stage than men's games.

b. The demand to attend women's games must be greater than that to attend men's games.

c. The supply of men's games must be less elastic than the supply of women's games.

d. The demand to attend women's games must be less than that to attend men's games.

3. Oligopolies face constraints like other markets; however, the one difference is that oligopolies face _____.

a. a vertical demand curve

b. a horizontal demand curve

c. a positively sloped demand curve

d. reactions of rival firms

4. Two or more oligopoly firms that act jointly is called a _____.

a. joint oligopoly

b. concentration

c. cartel

d. collision

5. Compared to a perfectly competitive industry with similar costs and demand, the single-price monopoly will produce _______ and its deadweight loss will be _______.

a. more; greater

b. more; less

c. less; greater

d. less; less

In: Economics

Fountain Corporation’s economists estimate that a good business environment and a bad business environment are equally...

Fountain Corporation’s economists estimate that a good business environment and a bad business environment are equally likely for the coming year. The managers of the company must choose between two mutually exclusive projects. Assume that the project the company chooses will be the company’s only activity and that the company will close one year from today. The company is obligated to make a $5,000 payment to bondholders at the end of the year. The projects have the same systematic risk but different volatilities. Consider the following information pertaining to the two projects:

  

  Economy Probability Low-Volatility
Project Payoff
High-Volatility
Project Payoff
  Bad .50 $ 5,000         $ 4,400      
  Good .50   5,950             6,550        

  

a.

What is the expected value of the company if the low-volatility project is undertaken? The high-volatility project? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

  

Expected value of the company
  Low-volatility project $   
  High-volatility project $   

  

b.

What is the expected value of the company’s equity if the low-volatility project is undertaken? The high-volatility project? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

  

Expected value of the company's equity
  Low-volatility project $   
  High-volatility project $   

   

c. Which project would the company’s stockholders prefer?
  • a - High-volatility project

  • b - Low-volatility project

  

d.

Suppose bondholders are fully aware that stockholders might choose to maximize equity value rather than total company value and opt for the high-volatility project. To minimize this agency cost, the company's bondholders decide to use a bond covenant to stipulate that the bondholders can demand a higher payment if the company chooses to take on the high-volatility project. What payment to bondholders would make stockholders indifferent between the two projects? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

  

  Payment to bondholders $   

In: Finance

Determine the Payback Period, the Discounted Payback Period, and the Net Present Value for the following...

Determine the Payback Period, the Discounted Payback Period, and the Net Present Value for the following after-tax cash flow projections. Also tell me whether the IRR is greater or less then the RRR.

A. Year ATCF

0 $(60,000)

1 21,000

2 27,000

3 24,000

4 16,000

Assume a 16% required rate of return

In: Finance

IRR AND NPV A company is analyzing two mutually exclusive projects, S and L, with the...

IRR AND NPV

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Project S -$1,000 $896.53 $250 $5 $5 Project L -$1,000 $10 $260 $380 $821.65 The company's WACC is 10.5%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.)

Round your answer to two decimal places. %

In: Finance

Case Example: A couple comes into the clinic with their six-month-old daughter. You are the nurse...

Case Example:

  • A couple comes into the clinic with their six-month-old daughter.
  • You are the nurse taking a health history on the child and discover that the child has not had any vaccines other than what she received at birth.
  • The mother expresses fear about having her child receive any future vaccines.
  • She tells you she has heard her friends say they can cause autism and even the very disease that the vaccine is supposed to prevent.

Question:

What would you tell parents who are hesitant to immunize their children about vaccine safety?

Write a response that addresses this controversial issue and include at least one scholarly reference in your response. Respond to at least one peer's posting.

In: Nursing

Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers....

Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers. The manufacturing subsidiary has total manufacturing costs of $1,530,000, plus general and administrative expenses of $353,000. The manufacturing unit sells the equipment for $2,530,000 to the U.S. marketing subsidiary, which sells it to the final consumer for an aggregate of $3,530,000. The sales subsidiary has total marketing, general, and administrative costs of $203,000. Assume that Singapore has a corporate tax rate of 33% and that the U.S. tax rate is 46%. Assume that no tax treaties or other special tax treatments apply. Required:

What is the effect on Crain Company’s total corporate-level taxes if the manufacturing subsidiary raises its price to the sales subsidiary by 20%? (Do not round intermediate calculations. Input all amounts as positive values.)

In: Accounting