70. Refer to the Baseball 2000 data (Appendix K), which reports information for the 30 Major League Baseball teams for the 2000 season. a. Determine the mean and the median team salary. Does one measure of central tendency seem better, or more representative, than the other? b. Determine the mean and the median attendance per
You enter into a forward contract to buy a 10-year, zero coupon bond that will be issued in one year. The face value of the bond is $1,000, and the 1-year and 11-year spot interest rates are 3 percent per annum and 8 percent per annum, respectively. Both of these interest rates are expressed as effective annual yields. a.
Choosing x0=[1 2]T apply the power method.... (see complete problem in attached file) . (a) Choosing xo = f 1 21T, apply the power method (3 steps), without scaling to the following symmetric matrix, to compute the Rayleigh quotients and error bonds. A = [9 4 4 3]
Chrysler has develpod a new minivan that has a start up cost of $ 45 000 000. Each new van costs $ 18 000 to make. If Chrysler plans to sell the minivans for $ 30 000, how many do they have to sell to break even?
Find the quotient and remainder for each division. -Check by using the fact that dividend = (divisor)(quotient) + remainder Please see the attached file for the fully formatted problems.
This is a re-post for a problem. I'm confused with the OTA's answer because in the response that I received (attached as 44279-business-CPM, PERT(1).xls), Activity F follows C and D, but in the problem definition, it is supposed to follow A and C. Please help me clarify this... I have also attached what I came up with for t
Cliff Swatner is single, 33, and owns a condominium in New York City worth $250,000. Cliff is an attorney and doing well financially. His income last year exceeded $90,000, and he has sufficient liquid assets to supplement his condominium and other tangible assets. Several years ago, Cliff began investing in stocks and bonds. He
Given the following simplex tableau, complete the tableau and answer the following questions: X1 X2 X3 S1 S2 Basis Cb | 3 4 5 0 0 | ___________|___________________________|______ | 1/2 1 0 1/2 -1/2 | 6
Return and Risk Statistics: a. Calculate the average returns on small-company stocks and u.s. treasury bills. b. calculate the variances and standard deviations of the returns on small-company stocks and u.s. treasury bills. c. compare the returns and risks of these two types of securities.
Carib and Heinekin have reported the returns on small company stocks and U.S. Treasury bills for the period 1986 - 1991 as follows Year small company stocks u.s treasury bills 1986 6.85% 6.1
As a sweepstakes ( or lotto ) winner I have 5 choices to choose from. Which should I accept? $999,999 now $100,000 per yr forever $180,000 per yr for the next 10 yrs starting now $400,000 payable every 2 yrs for 20 yrs $70,000 per yr forever
Only need help on 3, 4, 5, 6, 8, 9, 15 3. What factors affect the sale price of oceanside condomonium units? ** Please see attached for full question. **
1. Common stock value-zero growth - The company's class A stock has paid a dividened of $5.00 per share for the last 15 years. Management expects to continue to pay at that rate for the forseeable future . Sally Talbout purchased 100 shares of common stock 10 years ago at a time when the required rate of return for the stock
0. _________ is a procedure for revising probabilities based upon additional information. a. Utility theory b. Bernoulli's theorem c. Beckman's theorem d. Bayes' theorem 1. A medical doctor is involved in a $1 million malpractice suit. He can either settle out of court for $250,000 or go to court. If he goes to court and
The following problems are reviews of levels of data: 1. You are asked to do an analysis of students currently attending Baker College classes online. One of the areas being assessed is the number of students in the military compared to civilians. In the survey you plan on sending out, one question asks the respondent to chec
The Minnetonka Corporation, which produces and sells to wholesalers a highly successful line of water skis, has decided to diversify to stabilize sales throughout the year. The company is considering the production of cross-country skis. After considerable research, a cross-country ski line has been developed. Because of the c
U = (all employees of the K.O. Brown Company) A = (employees inthe accounting dept) B = (employees in the sales dept.) C = (female employees) D = (employees with an MBA degree) Describe the following set in words: B ∩ D
Your required a rate of return is 4%. What is the value of a contract that pays the buyer $100 a year forever (the first payment is made exactly one year after purchase) plus an additional $1000 a year for the first 10 years (but, the first payment is made immediately - in other words, the $100 payments are made at the end of ea
Asset Exchanged at a Gain Asset originally purchased on 1/1/90 is exchanged for a similar asset on 1/1/93. Cash of $10,000 is also paid and the old asset has fair market value of $8,000 on the date of exchange.
The Allegheny Valley Power Company common stock has a beta of 0.80. If the current risk-free rate is 6.5%(Krf)and the expected return on the common stock as a whole is 16%(Km),determine the cost of equity capital (Ke)for the firm (using the CAPM). The answers to this problem are one of the following: a. 14.1% b. 7.6% c. 6.
Syntech is offered credit terms of 2/10, net 40, but decides to forego taking the cash discount and pays on the 45th day. What is Syntech's cost of foregoing the cash discount? [AFC=(Interest Paid/usable funds)(365/maturity(days)] The four answers that I have are one of the following: a. 24.83% b. 21.28% c. 18.62% d. n
A large corporation with offices filling a 40 storey building is concerned to minimize the waiting and travel times of its employees when using the lifts, which are regularly perceived as too long at certain times of the day. It is powerless to alter the number of lifts in service; instead it seeks to model the pattern of the us
I am stuck on the problems that are attached. They are probability and decision theory based questions. Thank you.
Application Problem 1S (Sales Revenue Problem) The owner of an apartment complex knows he can rent all 50 apartments when the monthly rent is $400. He thinks that for any 25$ increase in the rent, he will loose 2 tenants. Write a linear polynomial for the rent price P and a linear polynomial for the number of apartments (Q).
The problem is attached. The profit P (in dollars) made by a fast food restaurant selling "x" hamburgers is: P(x) = 2.44x - x^2 / 20,000 - 5000 for 0 <= x <= 35,000 Find the open intervals on which P is increasing or decreasing.
Invest a total of $4000 in 2 stocks that paid 5% and 7% annual interests. At the end of the year total interests from these investments is $230. How much was invested at each rate?
Determine how long it takes for $150.00 to become $2,000.00 if invested at 4% interest compounded quarterly.
A house worth $70,000 is purchased with a down payment of $20,000 and a mortgage amortized over 20 years. If the interest rate is 14% compounded semi- annually; a. Determine the size of each monthly payment. b. How much of the 60th payment goes to interest and how much to principal repayment? c. Determine the outstandin
A non interest bearing note of $2000 is discounted at 12% compounded quarterly for 5 years and 8 months. What are the proceeds?
Find the rate of interest if money is worth 18% compounded monthly?
On June 1, Fanger and Rampke buy merchandise amounting to $3000. If they pay cash, they will get a 2% discount. To take advantage of this cash discount, they sign a 60-day non interest bearing note at their bank which charges 10% interest. a. What should be the face value of the note to give them the exact amount they need to