Cricket Systems Co. plans to issue bonds with a par value of $1,000 and 30 years...

Cricket Systems Co. plans to issue bonds with a par value of $1,000 and 30 years to maturity. These bonds will pay $25 interest every 6 months. Current market conditions are such that the bonds will be sold to net $1,205.62. What is the yield to maturity (YTM) on an annual basis that a broker would quote to an investor. Please answer without using a financial calculator and without using excel. The final answer is 3.84%.

if we have a data set containing salary records of employees in a hospital, and we...

if we have a data set containing salary records of employees in a hospital, and we are able to construct a 95% ci of the average salary, which is [$66,000, $92,000], now dr. clark claims that the average salary of employees in this hospital is higher than $105,000, what would you say to him? how could you convince him? please write down your reasoning, together with supporting facts, say, graphs, background probability knowledge, etc.

You are visiting the Louvre in Paris. Consider representing the museum as a graph where the...

You are visiting the Louvre in Paris. Consider representing the museum as a graph where the works of art are the vertices and paths between adjacent works of art are the edges. We want to see each work of art exactly once. Would this path be represented by an Euler circuit or a Hamiltonian circuit? Write EUL for Euler circuit or HAM for Hamiltonian circuit. ANSWER:

As health care reform moves forward, many Americans are not aware of the large costs incurred...

As health care reform moves forward, many Americans are not aware of the large costs incurred by the government. Why do you think this is the case? Explain and support your answer.

A sample of size 10 is taken from the first population: Sample mean of 101.2 and...

A sample of size 10 is taken from the first population: Sample mean of 101.2 and sample variance of 18.1 A sample of size 14 is taken from the second population: Sample mean of 98.7 and sample variance of 9.7 a)In order to decide whether pooling is appropriate or not, performing a test at α = 0.2 level of significance : Find the rejection region. b)In order to decide whether pooling is appropriate or not, performing a test at α...

In each of the following cases, predict the sign of change in entropy by providing proper...

In each of the following cases, predict the sign of change in entropy by providing proper explanation.                                                                                                                                                            (i) Isothermal expansion.       (ii) Liquefaction of a gas.

Question 3 You believe you will spend $40,000 a year for 20 years once you retire...

Question 3 You believe you will spend $40,000 a year for 20 years once you retire in 40 years (you should assume that the first $40,000 happens at the end of year 40). If the interest rate is 5% per year, how much must you save each year until your retirement (at the end of year 40) to meet your retirement goal?

This is your introductory definitions assignment. Type your answers directly into this section. Then press submit....

This is your introductory definitions assignment. Type your answers directly into this section. Then press submit. Economics Macroeconomics Microeconomics Opportunity Cost Scarcity Ceteris Paribus Based on what you have learned from your definitions: When we study the rate of unemployment in the US, we are studying a macro or a micro topic?   ________________         When we study the market for computers, we are studying a macro or a micro topic? ________________

Select from the option list provided the assertion about cash that the auditor is most likely...

Select from the option list provided the assertion about cash that the auditor is most likely testing. Each choice may be used once, more than once, or not at all. Choices: Completeness, Accuracy, Valuation and allocation, Existence, Cutoff, Rights and obligations, Occurrence, or Classification and understandability Statement Assertion 1. Ensure that the entity's foreign currency holdings are reported in accordance with GAAP. 2. Obtain bank confirmations and prepare reconciliations for each of the entity's bank accounts. 3. Compare management's cash...

What current in a copper wire with a cross-sectional area of 7.10 10-7 m2 would result...

What current in a copper wire with a cross-sectional area of 7.10 10-7 m2 would result in a drift speed equal to 5.09 10-4 m/s?

50 pure bread Maltese were analyzed and the results were that the average Maltese weighs 7.7...

50 pure bread Maltese were analyzed and the results were that the average Maltese weighs 7.7 lbs with a variance of 1.25lbs. However, the Maltese Kennel Club needs some more information... a. the award winning Maltese Princess weighs 10.3lbs, what percentile and above is she in? b. 3rd place winner, Spot, weighs only 6 lbs, what proportion or less is he in? c. What is the portion of dogs weight between Princess and Spot d. What is the weight of...

Suppose that X1,..., Xn∼iid N(μ,σ2). a) Suppose that μ is known. What is the MLE of...

Suppose that X1,..., Xn∼iid N(μ,σ2). a) Suppose that μ is known. What is the MLE of σ? (b) Suppose that σ is known. What is the MLE of μ? (c) Suppose that σ is known, and μ has a prior distribution that is normal with known mean and variance μ0 and σ02. Find the posterior distribution of μ given the data.

3. How might critical periods reduce the energetic resources the brain needs in the animal’s lifetime?...

3. How might critical periods reduce the energetic resources the brain needs in the animal’s lifetime? a. The animal synchronizes an explosion of neuron growth only when it will need to do a lot of learning in its lifetime thereby saving energy expenditure throughout its lifetime b. Learning will occur very quickly thereby saving the organism time c. Synaptic pruning occurs to optimize neuronal networks d. Only just enough neurons grow during the critical period so that the animals saves...

1. Consider the following equation that occurs in the study of the fluid flows: dy/dt=4y-y^2 (1)...

1. Consider the following equation that occurs in the study of the fluid flows: dy/dt=4y-y^2 (1) Leibniz came up with a clever substitution that converts the above non-linear ordinary differ-ential equation (ODE) into a linear ODE. (a) Use the change of variables (u=y−1), to obtain a linear ODE for the dependent variable u; i.e. obtain an equation with u as dependent variable and t and independent variable,completely eliminating y. (b) Solve the linear ODE for u and then substitute for...

a. Let f be an odd function. Find the Fourier series of f on [-1, 1]...

a. Let f be an odd function. Find the Fourier series of f on [-1, 1] b. Let f be an even function. Find the Fourier series of f on [-1, 1]. c. At what condition for f would make the series converge to f at x=0 and x=1?

1)i) Use the following information to answer the next two questions. A Japanese investor notices the...

1)i) Use the following information to answer the next two questions. A Japanese investor notices the expected one year inflation rate in Japan and Mexico is 7% and 5%, respectively. The current spot rates for yen and pesos are as follows: $.14/MP, JY100/$What should be the value of pesos in terms of yen at the end of the year according to relative PPP? a).0728 b)13.3783 c).0701 d)14.266 ii)Suppose the spot rate at the end of the year is MP.065/JY. Has...

How does an understanding of sound depend on an understanding of atoms and molecules? Or does...

How does an understanding of sound depend on an understanding of atoms and molecules? Or does it? How does an understanding of sound depend on an understanding of forces and motion?

2. You are the assistant to the CEO of a small textile firm that manufactures high-quality,...

2. You are the assistant to the CEO of a small textile firm that manufactures high-quality, premium priced, stylish clothing.  The CEO has decided to see what the opportunities are for exporting to France and has asked you for advice as to the steps the company should take.  What advice would you give to the CEO?

Marpor Industries has no debt and expects to generate free cash flows of $ 16 million...

Marpor Industries has no debt and expects to generate free cash flows of $ 16 million each year. Marpor believes that if it permanently increases its level of debt to $ 45 ​million, the risk of financial distress may cause it to lose some customers and receive less favorable terms from its suppliers. As a​ result, Marpor's expected free cash flows with debt will be only $ 15 million per year. Suppose​ Marpor's tax rate is 40 %​,the​ risk-free rate...

On January 1, 2014, Lani Company entered into a noncancelable lease for a machine to be...

On January 1, 2014, Lani Company entered into a noncancelable lease for a machine to be used in its manufacturing operations. The lease transfers ownership of the machine to Lani by the end of the lease term. The term of the lease is eight years. The minimum lease payment made by Lani on January 1, 2014, was one of eight equal annual payments. At the inception of the lease, the criteria established for classification as a capital lease by the...