Suppose the mean income of firms in the industry for a year is 85 million dollars with a standard deviation of 5 million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn more than 80 million dollars? Round your answer to four decimal places. Answer 2 Points Tables Keypad...
1: Suppose that you take a random sample of 300 people and find that 102 of them say they prefer to buy organic food whenever possible, even if it’s more expensive. What is the sample proportion of people who prefer to buy organic? What is the standard deviation of the sample proportion? Calculate a 95% confidence interval for the population...
(1 point) A company issues a 30-year $5500 bond, redeemable at 100 with bond interest at j12 = 6%. The bond is callable at the end of 20 years for $4085, at the end of 25 years for $5640 or at the end of 15 years for $6790. Determine the price to guarantee the investor a yield of j12 =...
(1 point) A company issues a 30-year $6000 bond, redeemable at 102 with bond interest at ji = 7%. The bond is callable at the end of 20 years for $4735, at the end of 25 years for $6235 or at the end of 15 years for $7280. Determine the price to guarantee the investor a yield of ji =...
2. You plan to purchase a $175,000 house using a 15-year mortgage obtained from your local bank. The mortgage rate offered to you is 7.75 percent. You will make a down pay- ment of 20 percent of the purchase price. (LG 7-4) 4. A $10,000 - 5 year bond has a coupon rate of 6.5% semi-annually. Yesterday it was rated...
Predict the product for the following aldol condensation: Use the following reaction equation to answer the questions below; The actual yield for the above experiment was 550 mg. Calculate the theoretical and percent yield. What is the name for this reaction? For full credit, you must show the details of your answer.
For all of your graphs, be sure to label the axes and clearly denote equilibrium prices and quantities. The first 3 are 2 point questions In the portfolio choice model, depict graphically the effect of a decrease in wealth. What happens to the equilibrium price of bonds and the equilibrium interest rate? 3-4. In the portfolio choice model, depict...
The life expectancy at birth of both sexes in a particular year can be described by the function f(x)=11.51+ 14.71 ln x, where x represents the number of years after 1900. Use this function to determine the life expectancy in 2032.
You are considering investing $1000 in a complete portfolio. The complete portfolio is composed of Treasury notes that pay 5% and a risky portfolio, P, constructed with two risky securities X and Y. The optimal weights of X and Y in P are 60% and 40% respectively. X has an expected rate of return of 14% and Y has an...
The time required to assemble an electronic component is normally distributed with a mean and a standard deviation of 21 minutes and 10 minutes, respectively. [You may find it useful to reference the z table.] a. Find the probability that a randomly picked assembly takes between 13 and 22 minutes. (Round " value to 2 decimal places and final answer...