Student Name: Grade: Problem Set 1-A For National Income Accounting and the Balance of Payments Multiple Choice Questions (Please read all the choices) (Each question is 3 points) Mark the correct answer 1) Which one of the following statements is the most accurate? A) GNP plus depreciation is called net national product (NNP). B) GNP less depreciation is called net national product (NNP). C) GNP less depreciation is called net factor product (NFP). D)
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Module 3 – Chapter 12 Problem 12-1A Part 1 KAZAAM COMPANY Statement of Cash Flows For Year Ended December 31‚ 2011 Cash flows from operating activities Net income $73‚750 Adjustments to reconcile net income to net cash provided by operating activities Increase in accounts receivable ($49‚625 - $65‚000) (15‚375) Increase in inventory ($252‚500 - $273‚750) (21‚250) Decrease in prepaid expenses ($6‚250 - $5‚375) 875 Decrease in
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Semester (2013) Mark McCabe Problem Set 1 Due in class on 27. March Instructions: Please show all of your work‚ e.g. all of the calculations associated with each solution. Your solutions should be typed and not handwritten. As I mentioned in class‚ students may work together to solve these problems‚ but plagiarism or copying is not permitted. On the 27th‚ please bring a paper copy to class‚ and e-mail me a digital copy (mccabe@umich.edu) before the beginning of class. 1. At the local Castorama
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FIN532M: Financial Derivatives Problem Set 2 DUE DATE: Feb. 12‚ 2015 1. How can you differentiate the forward price from the value of a forward contract? (2 points) 2. Explain why an FRA can be viewed as an exchange of a floating rate of interest for a fixed rate of interest payments and how you can use FRA in mitigating risks. (4 points) 3. The standard deviation of monthly changes in the spot price of live cattle is 1.2 cents per pound. The standard deviation of monthly changes in the futures
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International Finance Problem Set #4 1. A. Fundamental-based Forecasting: Analyzing the future on the basis of fundamental relationships between economic variables and exchange rate. Fixed exchange rates: The forecasting is based on indicators of sustainability such as current account deficits or surpluses‚ relative inflation rates and black market exchange rates. Floating exchange rates: The forecasting is based on factors that could influence macro economy such as monetary policies and
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Problem 17-1 Dividends and Taxes [LO2] Dark Day‚ Inc.‚ has declared a $5.60 per share dividend. Suppose capital gains are not taxed‚ but dividends are taxed at 15 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. Dark Day sells for $94.10 per share‚ and the stock is about to go ex-dividend. What do you think the ex-dividend price will be? (Round your answer to 2 decimal places. (e.g.‚ 32.16)) Ex-dividend price $ Problem 17-2 Stock Dividends
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Bonds-1. Interest on a certain issue of bonds is paid annually with a coupon rate of 8%. The bonds have a par value of $1‚000. The yield to maturity is 9%. What is the current market piece of these bonds? The bonds will mature in 5 years. P= CPN x (1/y) {1-[1/(1+y)^n] + [FV/ (1+y)^n] CPN= 1000 x .08= 80 P= 80 (1/.09) {1- [1/(1.09)^5]} + [1000/(1.09)^5] = 73.39 (.351) + 649.35 = $675.11 Bonds-2. A certain bond has 12 years left to maturity. Interest is paid annually at a coupon rate of 10%. The bonds
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Biology 180 Problem Set 2 1. A population of marine gastropods has shell lengths that are normally distributed with a mean μ = 8 mm and variance σ2 = 2.15 mm2. a. what proportion of the population will have shell lengths between 6.5 mm and 8.5 mm? (3 points) b. what is the probability of finding a gastropod that has a shell length of exactly 7.5 mm? (1 point) c. if there are 1‚000 gastropods in an area‚ how many will have shell lengths greater than 5 mm? (3 points) 2. Childhood lead poisoning
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University of British Columbia Sauder School of Business COMM 399: Logistics and Operations Management Problem Set 1 1. Solution: (a) Some ideas that you can expand on: • • • • Organizational barriers Business culture undervalues operations Top managers often uninterested in operations Lack of “ownership” of operations (b) Some ideas that you can expand on: • Identify and break constraints • Make the special case the norm • Rethink critical dimensions of work (c) Yes‚ even though it may
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FIN 350 Prof. Porter Problem Set 4 1. Describe what happens to the total risk of a portfolio as the number of securities is increased. Differentiate between systematic risk and unsystematic risk and explain how total risk and systematic risk are measured. As the number of securities increases‚ the total risk of the portfolio decreases. This decrease occurs due to the benefits of diversification which is the process of acquiring a portfolio of securities that have dissimilar risk-return characteristics
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