Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A mail-order company has two warehouses, one on the West Coast and the second on the East Coast. The company's policy is to mail all orders placed with it within 72 hours. The company's quality control department checks quite often whether or not this policy is maintained at the two warehouses. A recently taken sample of 400 orders placed with the warehouse on the West coast showed that 368 of them were mailed within 72 hours. Another sample of 300 orders placed with the warehouse on the East Coast showed that 285 of them were mailed within 72 hours.
a. Construct a 97% confidence interval for the difference between the proportions of all orders placed at the two warehouses that are mailed within 72 hours.
b. Interpret the results of the confidence interval.
To pay for her college education, Gina is saving $2,000 at the beginning of each year for the next eight years in a bank account paying 12 percent interest. How much will Gina have in that account at the end of 8th year?
Assume that your father is now 50 years old, that he plans to retire in 10 years, and that he expects to live for 25 years after he retires - that is, until he is 85. He wants his first retirement payment to have the same purchasing power at the time..
You won the lottery and can receive either (1) $60,000 today, or (2) $10,000 one year from today plus $25,000 two years from today plus $35,000 three years from today. take option two because you get $70,000 rather than $60,000 regardless of current ..
Fleury Co. has a 32 percent tax rate. Its total interest payment for the year just ended was $36.8 million. What is the interest tax shield?
Suppose that a US interest rate is 4% and the forward rate for the Korean won is 1 won = $0.001 and the spot rate is 1 won = $0.0011. What is the interest rate in the Korean market? (Assume that the US is home and the interest rate parity holds.) Ple..
Wyland Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 7 percent coupon bonds on the market that sell for $1,085, make semiannual payments, and mature in 20 years. What coupon rate should the co..
Aloha Inc. has 7 percent coupon bonds on the market that have 14 years left to maturity. If the YTM on these bonds is 8.3 percent, what is the current bond price?
A piece of equipment costs $1200 and has a salvage value of $400 at the end of its 3 year life. Maintenance costs are $200 for the first year and increase $50 per year to the end of it's 3 year useful life. The company has an MARR of 6%. What is the ..
Ratoon Company has a bond outstanding with 10 years to maturity, an 8.50 percent coupon, semi annual payments, and a $1,000 par value. The bond has a 5.50 percent yield to maturity, but it can be called in 5 years at a price of $1,140. What is the bo..
Primrose Corp has $14 million of sales, $1 million of inventories, $3 million of receivables, and $1 million of payables. Its cost of goods sold is 85% of sales, and it finances working capital with bank loans at an 6% rate. What is Primrose's cash c..
Suppose a firm earns $12,000,000 in taxable income. Which of the following is correct about the firm’s marginal and average tax rates?
You are going to value Lauryn’s Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.7, a debt-to-equity ratio of .7, and a tax rate of 40 percent. Assume a risk-free rate of 3 percent a..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd