1. C (2‚0‚-3‚5‚10) v(0‚1)=1.25 v(1‚2)=1.25 ; v(2‚1) = 1/1.25 = 0.8 v(2‚3)=1+1=2 ; v(3‚2)=1/(1+1)=0.5 v(3‚4)=1+1=2 ; v(4‚3)=1/(1+1)=0.5 The smallest payment at time 1 = 2v(0‚1) + (-3) v(2‚1) + 5v(3‚2)v(2‚1) + 10v(4‚3)v(3‚2)v(2‚1) = 2(1.25) + (-3)(0.8) + 5 (0.5)(0.8) + 10(0.5)(0.5)(0.8) = 2.5-2.4+2+2 = 4.1 The smallest payment you would accept is 4.1. 2. Let K be the initial payment.
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Reserved powers are determined only by the president are shared by the states and nation belong to the national government belong only to state governments Your score on this exam is 91 out of 180 . Answer Key Question 1 (Worth 3 points) (Courts and Civil Liberties 04.01 MC) A supreme court has jurisdiction on a case when the case has been appealed directly from the trial court decision because of a constitutional question heard by a court of appeal and there is a legitimate constitutional question
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SENIOR CERTIFICATE EXAMINATION FUNCTIONAL MATHEMATICS P1 STANDARD GRADE 2011 MEMORANDUM MARKS: 150 This memorandum consists of 8 pages. Copyright reserved Please turn over Functional Mathematics/SG/P1 2 SCE – Memorandum DBE/2011 VRAAG 1/QUESTION 1 1.1.1 5 3x + 2 25 2x – 1 .5 x-3 .5 1.1.4 4 - 81 + 1250 1 1 2(-) 4() =2 –3 +1 = 2– 1 – 3 3 + 1 1 = – 27 + 1 1 = – 25 1 1.2.1 4.3x = 36 (5) ∴4.3x = 36 4 4 ∴3x = 9 1 ∴3x = 32 1 ∴x = 2 1 1.2.2 16-x
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2014 PSHS – BRC Research Fair Narrative Report Last Friday‚ February 21‚ 2014‚ a research fair was held at SM Naga City Event Center. It was sponsored by the Department of Science and Technology and the Philippine Science High School (Bicol Region Campus). It has a theme of “Inquire‚ innovate and inspire: initiates in environmental resources”. Lots of Participating schools have prepared various researches about life science. There are lots of activities held such as the fair proper and robotics
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Commerce 370 – Midterm Exam – Sep-Dec-2011 – Solutions Name: ______________________________________________________ Student ID: __________________________________________________ Section (circle one): M-W 2:30pm ; Tu-Th 11:00am ; Tu-Th 2:00pm Write your name and student ID at the top of this front page‚ and circle your section. Check the number of pages in the exam. You should have X pages. This is a 100-point exam with 7 questions. You have 2 hours to complete the exam. Carefully administer
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Definition of Finance: Finance is a discipline that deals with how to get money optimally and how to use money optimally. Ten Fundamental Concepts of Finance I. Financial Institutions‚ Financial Instruments and Markets Financial System On a regional scale‚ the financial system is the system that enables lenders and borrowers to exchange funds. The global financial system is basically a broader regional system that encompasses all financial institutions‚ borrowers and lenders within the
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Week 2 problems Chapter 2 A1 (Present and future value) A. What is the future value of $2‚000 invested today if it earns 20% interest for one year? For two years? Rate 20% (1) -(2‚000)= $2‚400 one year Rate 20% (2) (-2‚000)= $2‚880 two years B. What is the present value of $2‚000 discounted at 20% if it is received in one year? In two years? Rate 20 % (1) (-2‚000)= 1‚666 discounted one year Rate 20% (2) (-2000)= $1‚388 discounted two years B4. (Present value) What is the
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P5–3 Risk preferences Sharon Smith‚ the financial manager for Barnett Corporation‚ wishes to evaluate three prospective investments: X‚ Y‚ and Z. Currently‚ the firm earns 12% on its investments‚ which have a risk index of 6%. The expected return and expected risk of the investments are as follows: Investment Expected return Expected risk index X 14% 7% Y 12 8 Z 10 9 a. If Sharon were risk-indifferent‚ which investments would she select? Explain why. If Sharon were risk-indifferent
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1 NPV—Mutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table. The firm’s cost of capital is 15%. a. Calculate the net present value (NPV) of each press. b. Using NPV‚ evaluate the acceptability of each press. c. Rank the presses from best to worst using NPV. PERSONAL FINANCE PROBLEM P9–11 Long-term
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SOLUTIONS MANUAL CHAPTER 10 BEHAVIORAL FINANCE AND TECHNICAL ANALYSIS Answers to Text Discussion Questions 1. Discuss market bubbles and offer an opinion on why you think investors have trouble spotting bubbles. 10-1. Markets are not always rational and the herd instinct of following the crowds often causes investors and others to ignore the signs that point to a bubble. Bubbles catch professional investors as well as the novice. 2. Describe the three heuristics that investors use
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