Quinnipiac University School of Business FIN350 Global Financial Markets & Institutions Questions & Problems Set 5 Spring 2013 1. Explain why commercial banks are regulated and describe the major pieces of legislation enacted to prevent bank failures. Financial institutions are regulated because they provide products and services that the economy needs to function efficiently. Also they function in an environment where there is a great deal of asymmetric information‚ so they
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73-240 | Recitation A Problem Set 1 Problem 1: Nominal GDP‚ Real GDP‚ Price Indices‚ and Inflation A. Nominal GDP in Year 1 = $430 Nominal GDP in Year 2 = $617.50 Growth Rate of Nominal GDP = 44% B. RGDP(1) in Year 1 = $430 RGDP(1) in Year 2 = $410 RGDP(1) growth = -4.65% RGDP(2) in Year 1 = $655 RGDP(2) in Year 2 = $617.50 RGDP(2) growth = -5.73% The answer differs depending on which base year you use because the relative prices of the goods in comparison to each other (price
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University of Toronto ECO333–Urban Economics Problem Set 2 Due: 24 October 2014 1. Question 2.1 from Brueckner (p. 250) (book available at http://go.utlib.ca/cat/8842730). 2. (a) Suppose the city fathers in a small Midwestern town‚ which was started over 100 years ago as a county seat‚ originally zoned all residential lot sizes in the town to be the same size. All work takes place either at the county seat building on the square in the middle of town or at shops adjacent to the square. Everyone drives
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Beer’s Law Problem Set Spring 2013 1. Calculate the absorbances corresponding to the following values of the percentage of transmitted light: (Provide your final answer with three decimal places) a. 95% b. 88% c. 71% d. 50% e. 17.5% f. 1% 2. A solution of a compound (1.0mM) was placed in a spectrophotometer cuvette of light path 1.05cm. The light transmission was 18.4% at 470nm. Determine the molar extinction coefficient. Include units in your answer. 3. The molar extinction coefficient of reduced
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6.2a The objective of this problem is to found the price charged by Peter. Firstly‚ the below table illustrate all P‚ TR‚ TC‚ MR and MC when there is different Number of member served (Q). No. of member served (Q) Price per member(P) Total revenue (TR) Total cost (TC) Profit Marginal revenue (MR) Marginal cost (MC) 1 400 400 190 210 400 190 2 380 760 380 380 360 190 3 360 1080 570 510 320 190 4 340 1360 760 600 280 190 5 320 1600 950 650 240
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Week 7 Problem Set Chapter 26 (page 903): 1. Answer the following questions: a. What is the difference between a firm’s cash cycle and its operating cycle? b. How will a firm’s cash cycle be affected if a firm increases its inventory‚ all else being equal? c. How will a firm’s cash cycle be affected if a firm begins to take the discounts offered by its suppliers‚ all else being equal? 4. The Greek Connection had sales of $32 million in 2012‚ and a cost of goods sold of $20 million. A simplified
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PROBLEM SET 1 - SOLUTION PROBLEM 1 Part A - Record a liability (and expense) for $800‚000 in 2009. Since the loss has been recorded‚ we don’t have to disclose it. However‚ if the possible loss exceeds $800‚000 (or if the probable loss was a range and we only recorded the minimum) then we need to disclose. Part B - If only 80% of the cans were sold before 12/31/09‚ then record a liability of $640‚000. The recall of the cans sold in 2010 would be disclosed as a subsequent event. Part C - Disclose
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EMBA 7100: Problem Set Three ! Show all work necessary to arrive at answers on this worksheet and then post answers to the web site provided before the class meeting where the problem set is due. ! ! Question 1: Americans have become increasingly concerned about the rising cost of Medicare. In 1990‚ the average annual Medicare spending per enrollee was $3267; in 2003‚ the average annual Medicare spending per enrollee was $6883. Suppose you hired a consulting firm to take a sample of fifty
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I am a perfect candidate for Liberty University because of my diversity‚ diligence‚ creativity‚ and versatility. I classify myself as a mixed artist because I am able to utilize a wide range of art styles and technology‚ including painting‚ 2D graphics‚ 3D modeling‚ and sculpture. Since none of my family members held an art-related career‚ my dad strongly opposed my decision to pursue graphic design. Without his financial support‚ I have had a difficult time paying a part of tuition and personal
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Problem Set 2 – Strategy I 1. Why do price misreads (or more generally the inability to observe prices with precision) encourage firms to lower prices? [Note: assume all prices are subject to misreads.] Misreads occur when a firm are competing with no information about competitors and assumes that competitors have taken an uncooperative pricing action when in fact they are cooperative. This assumption makes the firm react in an uncooperative manner‚ lowering the price. This asymmetric information
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