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Take a position on whether or not the total area under a normal distribution is infinite. Provide an example to support your response
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Algebra
Draw a spade and a 4 from a standard deck of cards. Adopting a puppy and adopting a kitten. (a puppy is a dog, a kitten is ...
Algebra
Draw a spade and a 4 from a standard deck of cards. Adopting a puppy and adopting a kitten. (a puppy is a dog, a kitten is a cat. So it is either one ...
Santa Monica College Statistics Standard Deviation Question
6. The average electric cost for mid-size manufacturing companies operating in the western United States is $0.10 / KWHr, ...
Santa Monica College Statistics Standard Deviation Question
6. The average electric cost for mid-size manufacturing companies operating in the western United States is $0.10 / KWHr, with a standard deviation of $0.03 / KWHr. A sample of 35 companies are surveyed. What is the likelihood that the sample mean is less than $0.09?
AUMC Rates of Return Market Index & Average Annual Return in Excel Worksheet
Problem Set #3Attached Files: Question 1 - Building a Model - Goodman & Landry Data.xlsx (18.865 KB)Question 1The attached ...
AUMC Rates of Return Market Index & Average Annual Return in Excel Worksheet
Problem Set #3Attached Files: Question 1 - Building a Model - Goodman & Landry Data.xlsx (18.865 KB)Question 1The attached file contains hypothetical data for working this problem. Goodman Corporation’s and Landry Incorporated’s stock prices and dividends, along with the Market Index, are shown in the file. Stock prices are reported for December 31 of each year, and dividends reflect those paid during the year. The market data are adjusted to include dividends.Use the data given to calculate annual returns for Goodman, Landry, and the Market Index, and then calculate average returns over the five-year period. (Hint: Remember, returns are calculated by subtracting the beginning price from the ending price to get the capital gain or loss, adding the dividend to the capital gain or loss, and dividing the result by the beginning price. Assume that dividends are already included in the index. Also, you cannot calculate the rate of return for 2015 because you do not have 2014 data.)Calculate the standard deviation of the returns for Goodman, Landry, and the Market Index. (Hint: Use the sample standard deviation formula given in the chapter, which corresponds to the STDEV function in Excel.) On a stand-alone basis which corporation is the least risky?Construct a scatter diagram graph that shows Goodman’s and Landry’ returns on the vertical axis and the Market Index’s returns on the horizontal axis. Estimate Goodman’s and Landry’s betas as the slopes of regression lines with stock returns on the vertical axis (y-axis) and market return on the horizontal axis (x-axis). (Hint: use Excel’s SLOPE function.) Are these betas consistent with your graph?The risk-free rate on long-term Treasury bonds is 8.04%. Assume that the market risk premium is 6%. What is the expected return on the market? Now use the SML equation to calculate the two companies' required returns.If you formed a portfolio that consisted of 60% Goodman stock and 40% Landry stock, what would be its beta and its required return?Suppose an investor wants to include Goodman Industries’ stock in his or her portfolio. Stocks A, B, and C are currently in the portfolio, and their betas are 0.769, 0.985, and 1.423, respectively. Calculate the new portfolio’s required return if it consists of 30% of Goodman, 20% of Stock A, 30% of Stock B, and 20% of Stock C.Question 2Quest Financial services balance sheets report $200 million in total debt, $100 million in short-term investments, and $30 million in preferred stock. Quest has 10 million shares of common stock outstanding. A financial analyst estimated that Quest’s value of operations is $1000 million. What is the analyst’s estimate of the intrinsic stock price per share?Question 3Lincoln Incorporated is expected to pay a $4.5 per share dividend at the end of this year (i.e., D1 = $4.50). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock is, rs, is 12%. What is the estimated value per share of Boehm stock?Question 4Assume that the average firm in Masters Corporation’s industry is expected to grow at a constant rate of 3% and that its dividend yield is 5%. Masters is about as risky as the average firm in the industry and just paid a dividend (D0) of $2.5. Analysts expect that the growth rate of dividends will be 25% during the first year (g0,1 = 25%) and 10% during the second year (g1,2 = 10%). After Year 2, dividend growth will be constant at 5%. What is the required rate of return on Masters’s stock? What is the estimated intrinsic per share?Question 5Several years ago, Macro Riders issued preferred stock with a stated annual dividend of 5% of its $600 par value. Preferred stock of this type currently yields 10%. Assume dividends are paid annually.a. What is the estimated value of Macro’s preferred stock? b. Suppose interest rate levels have risen to the point where the preferred stock now yields 14%. What would be the new estimated value of Macro’s preferred stock?Question 61. Define each of the following terms:Call optionPut optionStrike price or exercise priceExpiration dateExercise valueOption priceTime valueWriting an optionCovered optionNaked optionIn-the-money callOut-of-the-money callLEAPS2. The current price of a stock is $50. In 1 year, the price will be either $65 or $35. The annual risk-free rate is 10%. Find the price of a call option on the stock that has an exercise price of $55 and that expires in 1 year. (Hint: Use daily compounding.)3. The exercise price on one of Chrisardan Company’s call options is $20, its exercise value is $27, and its time value is $8. What are the option’s market value and the price of the stock?Submit your answers in a Word document.
4 pages
Variables Measurement And Spss
The variables of interest include age and sex. Age is measured using an ordinal scale, while sex is measured using a nomin ...
Variables Measurement And Spss
The variables of interest include age and sex. Age is measured using an ordinal scale, while sex is measured using a nominal scale. The scales are ...
Sampling Distributions and Statistical Inference
A consulting firm was hired to perform a survey on people living in New York City. The survey was completed monthly for s ...
Sampling Distributions and Statistical Inference
A consulting firm was hired to perform a survey on people living in New York City. The survey was completed monthly for six months by 445 randomly-selected people in different boroughs. There were a number of items on the survey, but six basic biographical items will be studied for this exercise. The data for the people surveyed in one of these monthly surveys can be found in the Excel file SURVEY. The variables that were used for the basic biographical data are found on the last page of the exercise.In this exercise, some of the estimation techniques presented in the module will be applied to the New York survey results. You may assume that these respondents represent a simple random sample of all potential respondents within the community, and that the population is large enough that application of the finite population correction would not make an appreciable difference in the results.New York City governmental agency personnel like to have point estimates regarding variables describing the biographical information of the people living within the different boroughs. It is very helpful for them to have some idea regarding the likely accuracy of these estimates as well. Therein lies the benefit of the techniques presented in this module and applied here. Item A in the description of the data collection instrument lists variables 1–5, which represent the respondent’s general attitude toward each of the five boroughs. Each of these variables has numerically equal distances between the possible responses, and for purposes of analysis they may be considered to be of the interval scale of measurement.
Determine the point estimate, and then construct the 95% confidence interval for = the average attitude toward Manhattan.
Repeat part (a) for μ2 through μ5, the average attitudes toward Brooklyn, Queens, The Bronx and Staten Island, respectively.
Given the breakdown of responses for variable 6 (highest level of education), determine the point estimate, and then construct the 95% confidence interval for p6= the population proportion of doctoral degrees.
Given the breakdown of responses for variable 7 (marital status of respondent), determine the point estimate, and then construct the 95% confidence interval for p7 = the population proportion in the “single or other” category.
Assume the governmental agencies requested estimates of the mean attitudes towards each borough with a margin of error of 0.05 for each borough. If the governmental agency personnel want to have 95% confidence that the sample mean will fall within this margin of error, how large should the sample sizes be for each borough?
Paper Requirements
Write a report that uses the Written Assignment Requirements under the heading Expectations for CSU-Global Written Assignments found in the CSU-Global Guide to Writing and APA. Items that should be included, at a minimum, are a title page, an introduction, a body that answers the questions posed in the problem, and a conclusion paragraph that addresses your findings and what you have determined from the data and your analysis. As with all written assignments, you should have in-text citations and a reference page. Please include any tables of calculations, calculated values, and graphs associated with this problem in the body of your assignment response.Note: You must submit your Excel file with your report. This will aid in grading with partial credit if errors are found in the report.A. General Attitude toward Each Borough (Variables 1–5)
1. Manhattan
2. Brooklyn
3. Queens
4. The Bronx
5. Staten Island
Like Very Much
(5)
(5)
(5)
(5)
(5)
Like
(4)
(4)
(4)
(4)
(4)
Neutral
(3)
(3)
(3)
(3)
(3)
Dislike
(2)
(2)
(2)
(2)
(2)
Dislike Very Much
(1)
(1)
(1)
(1)
(1)
B. Information about the Respondent (Variables 6–7) What is your highest level of education? (1) = Did not complete high school (2) = High school degree/GED (3) = Associate’s degree (4) = Bachelor’s degree (5) = Master’s degree (6) = Doctoral degree
Marital Status: (1) = Married, (2) = Single or other
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Most Popular Content
5 pages
Algebra
Draw a spade and a 4 from a standard deck of cards. Adopting a puppy and adopting a kitten. (a puppy is a dog, a kitten is ...
Algebra
Draw a spade and a 4 from a standard deck of cards. Adopting a puppy and adopting a kitten. (a puppy is a dog, a kitten is a cat. So it is either one ...
Santa Monica College Statistics Standard Deviation Question
6. The average electric cost for mid-size manufacturing companies operating in the western United States is $0.10 / KWHr, ...
Santa Monica College Statistics Standard Deviation Question
6. The average electric cost for mid-size manufacturing companies operating in the western United States is $0.10 / KWHr, with a standard deviation of $0.03 / KWHr. A sample of 35 companies are surveyed. What is the likelihood that the sample mean is less than $0.09?
AUMC Rates of Return Market Index & Average Annual Return in Excel Worksheet
Problem Set #3Attached Files: Question 1 - Building a Model - Goodman & Landry Data.xlsx (18.865 KB)Question 1The attached ...
AUMC Rates of Return Market Index & Average Annual Return in Excel Worksheet
Problem Set #3Attached Files: Question 1 - Building a Model - Goodman & Landry Data.xlsx (18.865 KB)Question 1The attached file contains hypothetical data for working this problem. Goodman Corporation’s and Landry Incorporated’s stock prices and dividends, along with the Market Index, are shown in the file. Stock prices are reported for December 31 of each year, and dividends reflect those paid during the year. The market data are adjusted to include dividends.Use the data given to calculate annual returns for Goodman, Landry, and the Market Index, and then calculate average returns over the five-year period. (Hint: Remember, returns are calculated by subtracting the beginning price from the ending price to get the capital gain or loss, adding the dividend to the capital gain or loss, and dividing the result by the beginning price. Assume that dividends are already included in the index. Also, you cannot calculate the rate of return for 2015 because you do not have 2014 data.)Calculate the standard deviation of the returns for Goodman, Landry, and the Market Index. (Hint: Use the sample standard deviation formula given in the chapter, which corresponds to the STDEV function in Excel.) On a stand-alone basis which corporation is the least risky?Construct a scatter diagram graph that shows Goodman’s and Landry’ returns on the vertical axis and the Market Index’s returns on the horizontal axis. Estimate Goodman’s and Landry’s betas as the slopes of regression lines with stock returns on the vertical axis (y-axis) and market return on the horizontal axis (x-axis). (Hint: use Excel’s SLOPE function.) Are these betas consistent with your graph?The risk-free rate on long-term Treasury bonds is 8.04%. Assume that the market risk premium is 6%. What is the expected return on the market? Now use the SML equation to calculate the two companies' required returns.If you formed a portfolio that consisted of 60% Goodman stock and 40% Landry stock, what would be its beta and its required return?Suppose an investor wants to include Goodman Industries’ stock in his or her portfolio. Stocks A, B, and C are currently in the portfolio, and their betas are 0.769, 0.985, and 1.423, respectively. Calculate the new portfolio’s required return if it consists of 30% of Goodman, 20% of Stock A, 30% of Stock B, and 20% of Stock C.Question 2Quest Financial services balance sheets report $200 million in total debt, $100 million in short-term investments, and $30 million in preferred stock. Quest has 10 million shares of common stock outstanding. A financial analyst estimated that Quest’s value of operations is $1000 million. What is the analyst’s estimate of the intrinsic stock price per share?Question 3Lincoln Incorporated is expected to pay a $4.5 per share dividend at the end of this year (i.e., D1 = $4.50). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock is, rs, is 12%. What is the estimated value per share of Boehm stock?Question 4Assume that the average firm in Masters Corporation’s industry is expected to grow at a constant rate of 3% and that its dividend yield is 5%. Masters is about as risky as the average firm in the industry and just paid a dividend (D0) of $2.5. Analysts expect that the growth rate of dividends will be 25% during the first year (g0,1 = 25%) and 10% during the second year (g1,2 = 10%). After Year 2, dividend growth will be constant at 5%. What is the required rate of return on Masters’s stock? What is the estimated intrinsic per share?Question 5Several years ago, Macro Riders issued preferred stock with a stated annual dividend of 5% of its $600 par value. Preferred stock of this type currently yields 10%. Assume dividends are paid annually.a. What is the estimated value of Macro’s preferred stock? b. Suppose interest rate levels have risen to the point where the preferred stock now yields 14%. What would be the new estimated value of Macro’s preferred stock?Question 61. Define each of the following terms:Call optionPut optionStrike price or exercise priceExpiration dateExercise valueOption priceTime valueWriting an optionCovered optionNaked optionIn-the-money callOut-of-the-money callLEAPS2. The current price of a stock is $50. In 1 year, the price will be either $65 or $35. The annual risk-free rate is 10%. Find the price of a call option on the stock that has an exercise price of $55 and that expires in 1 year. (Hint: Use daily compounding.)3. The exercise price on one of Chrisardan Company’s call options is $20, its exercise value is $27, and its time value is $8. What are the option’s market value and the price of the stock?Submit your answers in a Word document.
4 pages
Variables Measurement And Spss
The variables of interest include age and sex. Age is measured using an ordinal scale, while sex is measured using a nomin ...
Variables Measurement And Spss
The variables of interest include age and sex. Age is measured using an ordinal scale, while sex is measured using a nominal scale. The scales are ...
Sampling Distributions and Statistical Inference
A consulting firm was hired to perform a survey on people living in New York City. The survey was completed monthly for s ...
Sampling Distributions and Statistical Inference
A consulting firm was hired to perform a survey on people living in New York City. The survey was completed monthly for six months by 445 randomly-selected people in different boroughs. There were a number of items on the survey, but six basic biographical items will be studied for this exercise. The data for the people surveyed in one of these monthly surveys can be found in the Excel file SURVEY. The variables that were used for the basic biographical data are found on the last page of the exercise.In this exercise, some of the estimation techniques presented in the module will be applied to the New York survey results. You may assume that these respondents represent a simple random sample of all potential respondents within the community, and that the population is large enough that application of the finite population correction would not make an appreciable difference in the results.New York City governmental agency personnel like to have point estimates regarding variables describing the biographical information of the people living within the different boroughs. It is very helpful for them to have some idea regarding the likely accuracy of these estimates as well. Therein lies the benefit of the techniques presented in this module and applied here. Item A in the description of the data collection instrument lists variables 1–5, which represent the respondent’s general attitude toward each of the five boroughs. Each of these variables has numerically equal distances between the possible responses, and for purposes of analysis they may be considered to be of the interval scale of measurement.
Determine the point estimate, and then construct the 95% confidence interval for = the average attitude toward Manhattan.
Repeat part (a) for μ2 through μ5, the average attitudes toward Brooklyn, Queens, The Bronx and Staten Island, respectively.
Given the breakdown of responses for variable 6 (highest level of education), determine the point estimate, and then construct the 95% confidence interval for p6= the population proportion of doctoral degrees.
Given the breakdown of responses for variable 7 (marital status of respondent), determine the point estimate, and then construct the 95% confidence interval for p7 = the population proportion in the “single or other” category.
Assume the governmental agencies requested estimates of the mean attitudes towards each borough with a margin of error of 0.05 for each borough. If the governmental agency personnel want to have 95% confidence that the sample mean will fall within this margin of error, how large should the sample sizes be for each borough?
Paper Requirements
Write a report that uses the Written Assignment Requirements under the heading Expectations for CSU-Global Written Assignments found in the CSU-Global Guide to Writing and APA. Items that should be included, at a minimum, are a title page, an introduction, a body that answers the questions posed in the problem, and a conclusion paragraph that addresses your findings and what you have determined from the data and your analysis. As with all written assignments, you should have in-text citations and a reference page. Please include any tables of calculations, calculated values, and graphs associated with this problem in the body of your assignment response.Note: You must submit your Excel file with your report. This will aid in grading with partial credit if errors are found in the report.A. General Attitude toward Each Borough (Variables 1–5)
1. Manhattan
2. Brooklyn
3. Queens
4. The Bronx
5. Staten Island
Like Very Much
(5)
(5)
(5)
(5)
(5)
Like
(4)
(4)
(4)
(4)
(4)
Neutral
(3)
(3)
(3)
(3)
(3)
Dislike
(2)
(2)
(2)
(2)
(2)
Dislike Very Much
(1)
(1)
(1)
(1)
(1)
B. Information about the Respondent (Variables 6–7) What is your highest level of education? (1) = Did not complete high school (2) = High school degree/GED (3) = Associate’s degree (4) = Bachelor’s degree (5) = Master’s degree (6) = Doctoral degree
Marital Status: (1) = Married, (2) = Single or other
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