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- 6 How does a producer-owned ethanol cooperative impose the convenience yield and what are the costs of not being able to access corn stocks for ethanol processing?2.) Reconsider the question above. If COVID 19 is causing increased uncertainty in the suppliers ability to provide what the buying firm wants, the MB of contracting increases to MB = 78-Q. The resulting number of provisions will now be a.0 because the firm will vertically integrate. b. 13. c. 26 d. none of the available options.1. The simplest type of business organization, wherein the business is owned entirely by one person. Allprofits obtained from the business are his alone, but he must also bear all losses should they beincurred. Ans.;2. A business type composed of an association of two or more persons for the purpose of engaging in abusiness for profit. Ans.;3. A business type of distinct legal entity, separate from the individuals who owned it, and which canengage in practically any business transaction which a real person could do, considered the mostimportant type of business. Ans.;4. A certificate of indebtedness of a corporation usually for a period not less than 10 years, andguaranteed by a mortgage on certain s of the association. Ans.;5. A bond whose owner’s name is recorded in the books of the corporation. Ans.;6. These are bonds whose security is a mortgage on certain specified assets of the corporation. If thecorporation fails to pay the bond value at the date of maturity, title to the…
- After part of the shares of a proposed corporation hadbeen successfully subscribed, one of the promoters hireda carpenter to repair a building that was to be conveyedto the proposed corporation. The promoters subsequently secured subscriptions to the balance of theshares and completed the organization, but the corporation, finding the building to be unsuitable for its purposes, declined to use the building or pay the carpenter.The carpenter brought suit against the corporation andthe promoter for the amount the promoter agreed wouldbe paid to him. Who, if anyone, is liable?4-Which of the following are the characteristics of excellent Business -IT alignment ? O a. Organization provides goals that are clear to IT department O bOrganization does not consider IT as an engine of innovation O c. Organization does not pay importance to its customers Od Organization is always in a confrontation mode with its competitorsReconsider the previous question. Suppose 2 new price-competing firms enter the market. What will be the market price? a. none of the available options. b. $11.11 c. $9.09. d. $10.
- Over the course of a customer’s lifetime of reading a weekly magazine priced at $4 per issue, what is the value of the magazine? Assume a customer acquisition cost of $12, a retention cost of $0, printing and distribution costs of $1, an annual retention rate of 77% and an annual discount rate of 2.6%. Assume that price and non-marketing variable costs remain constant over the customer’s lifetime of reading the magazine. Options: A) 10.05 B) 30.50 C) 73.49 D) 14.20 E) 0.02 F) 261.25A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the return on the MSCI World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table: Country Weight InMSCI Index Manager’sWeight Manager’s Returnin Country Return of Stock Indexfor That Country U.K. 0.29 0.24 22% 15% Japan 0.42 0.2 17 17 U.S. 0.23 0.22 10 13 Germany 0.06 0.34 7 15 Required: a. Calculate the total value added of all the manager’s decisions this period. (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) b. Calculate the value added (or subtracted) by her country allocation decisions. (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount…Firms A and B are identical except for their capital structure. A carries no debt, whereas B carries £60m of debt on which it pays a 5% interest rate. Assume no transaction costs, no taxes and risk-free debt. The relevant numbers are provided in the following table (in £ m): A B Value of Firm 100 120 Debt 0 60 Equity 100 60 Projected earnings before interest 12 12 Interest payment 0 3 Interest rate Not Applicable 5% Please answer the following questions a) "The situation described in the table is consistent with the absence of arbitrage opportunities". True or False (T/F)? b) Which one of the two firms is relatively overvalued (A/B)? c) "B's shares carry more risk than A's shares". True or False (T/F)? d) What is the return to an investor holding a 10% stake in B (in £ '000)? e) Consider an investor who wants to purchase a 20% stake in A. If he wished to replicate B's capital structure through homemade leverage,…
- Richie Rich has applied for a home equity loan. The bank on its part has estimated the market value of Richie's property at $750,000. If the amount of existing mortgage loan on the property is $500,000 and the bank lends only up to 70 percent of the borrowing base, what is the maximum amount of loan will Richard get? a.$175,000 b.$750,000 c.$100,000 d.$250,000Explain why non-use, or passive use values, cannot be valued either by observing their prices in markets or with revealed preference techniques. Finally, explain how stated preference techniques can be used to estimate non-use value.2 studies A and B, undertake a cost-benefit analysis of a project to build a power plant. The project has high up-front costs that are incurred immediately. The benefits from the project occur several years into the future. Both studies employ the same data set, the same modeling approach, and the same time horizon, but study A uses discount rate of 3% while study B uses a discount rate of 7%. Based on this information, it would be reasonable to conclude that…a) study A and B yield the same calculation of the net present valueb) study A’s calculation of the discounted benefits are lower than those of study Bc) study B’s calculation of the discounted costs are higher than those of Ad) study B’s calculation of the net present value is higher than that of study Ae) study A’s calculation of the net present value is higher than that of study B
