Selected answer key for problem set 1 Econ262 C1.2 (i) There are 1‚388 observations in the sample. Tabulating the variable cigs shows that 212 women have cigs > 0. (ii) The average of cigs is about 2.09‚ but this includes the 1‚176 women who did not smoke. Reporting just the average masks the fact that almost 85 percent of the women did not smoke. It makes more sense to say that the “typical” woman does not smoke during pregnancy; indeed‚ the median number
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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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Learning Team E 1/30/2012 University of Phoenix ACC 547: James Enney 22-50 Jack and Jill are owners of UpAHill‚ and S-corporation. They own 25 and 75 percent‚ respectively. a. What amount of ordinary income and separately stated items are allocated to them for years 1 and 2 based on the information above? Description | UpaHill | Jack 25% | Jill 75% | Year 1 Income | $ 45‚000.00 | | | Less: | | | | Dividends | $ 500.00 | | | Interest Income | $
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INSTRUCTIONS: You must show all of your work where calculations are required and you must include a brief explanation of approximately 50 words for each answer to receive full credit: 1. Markets‚ Demand and Supply‚ part 1 (10pts): a. What effect will each of the following have on the DEMAND for coffee (i.e. Increase Demand‚ Decrease Demand‚ or NO CHANGE)? You must include a brief explanation of approximately 50 words for each answer to receive full credit: i. There is an increase in the price
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which the Court can order that a company be wound up compulsorily. B.H McPherson defines winding-up as a process whereby the assets of a company are collected and realised‚ the resulting proceeds are applied in discharging all its debts and liabilities‚ and any balance which remained after paying the cost and expense of winding-up is distributed among the members according to their rights and interests or otherwise dealt with as the constitution of the company directs. S213 of the 1963 Act sections
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Question 4 (25 marks) Golden Golf Inc. has been in merger talks with Birdie Golf Company for the past six months. After several rounds of negotiations‚ the offer under discussion is a cash offer RM550 million for Birdie Golf. Both companies have niche markets in the golf club industry‚ and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing‚ as well as significant savings in general and administrative expenses. Bryce Bichon‚ the financial
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exchange b) Which of the following would BEST achieve diversification? 1) Investing in 10 securities of companies in the same industry in Canada 2) Investing in 10 securities of companies in the same industry in Canada‚ the United States‚ and Mexico 3) Investing in 10 securities of companies in different industries in North America‚ Europe‚ and Asia 4) Investing in 10 securities of companies in different industries in Canada c) Which of the following forms of market efficiency (if proven valid)
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Class XII Chapter 3 – Matrices Compiled By : OP Gupta [+91-9650 350 480 | +91-9718 240 480] Maths Exercise 3.1 Question 1: In the matrix ‚ write: (i) The order of the matrix (ii) The number of elements‚ (iii) Write the elements a13‚ a21‚ a33‚ a24‚ a23 Answer (i) In the given matrix‚ the number of rows is 3 and the number of columns is 4. Therefore‚ the order of the matrix is 3 × 4. (ii) Since the order of the matrix is 3 × 4‚ there are 3 × 4 = 12 elements in it. (iii)
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One of the most noteworthy causes of road trauma and death in Australia is drink driving. The Government gives their full support to implement laws‚ policies‚ rules and regulations to create a wholesome state in Australia to stop crimes‚ accidents and chaos. Is it reasonable then to complain about the Legal Blood Concentration 0.05 set by the Government in Australia to stop the Road Trauma and Death? Imagine without the implemented limits‚ people will take their freedom for granted and may lead to
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belief. B) (i) Ethics involves rules that define right and wrong conduct especially in business. (ii) Law is a set of rules administered and enforced by the state. (iii) Morality involves rules that define acceptable behaviour for members for a society. C) (i) Civil Law is only concerned with the wrong doing between individuals/parties. Ex‚To recover a debt. Criminal Law is only concerned with individuals/parties committing a crime as this is a breach of
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