Category: Finance

How does the irrational behavior of investors contribute to the inefficiency of the stock market?
Please ensure the following: 1) make sure your essay is checked for grammar, 2) if you quote, please provide citations format APA, 3) Plagiarism is not tolerated and will lead to an F grade.  

Your only child will go to college 10 years from now. Your salary is $80,000 a year, and is expected to rise with inflation, which is about 3% annually. Tuition is currently about $40,000 a year, but growing by 5% yearly. What percentage of your salary would go to pay for the first year of your child’s college education?
Morgan Stanley’s wealth management unit offers to invest profits of $750,000 made by an artist on a world tour at 7% compounded semi-annually, locking the money for three years.
What will the cash out be?
The total interest paid on an investment is the difference between cash out, or A, and cash in, or P; that is, I = A – P. What is the total interest earned by the investment?
“The MacArthur Fellowship is a $625,000, no-strings-attached award to extraordinarily talented and creative individuals as an investment in their potential. There are three criteria for selection of Fellows: (1) Exceptional creativity; (2) Promise for important future advances based on a track record of significant accomplishments; and (3) Potential for the Fellowship to facilitate subsequent creative work. Each fellowship comes with a stipend of $625,000 to the recipient, paid out in equal quarterly installments over five years (therefore, $31,250 per quarter).”
One of the recipients in 2019 was “Mary Halvorson, a guitarist, ensemble leader, and composer who is pushing against established musical categories with a singular sound on her instrument and an aesthetic that evolves with each new album and configuration of bandmates. She melds her jazz roots with elements of experimental rock, folk, and other musical traditions, reflecting a wide range of stylistic influences.”
Supposing that at the end of every quarter Mary is depositing the stipend she receives into an investment account that is paying an average annual return of 10% (similar to S&P 500 index). How much would Mary have at the end of the five years?
An insurance policy offers you the option of being paid $750 per month for 20 years or a lump sum of $50,000. Which has the greater value if the current rate of return is 4.5% compounded monthly and you expect to live for at least 20 years?

Here are the Final Assignment questions.
1. Describe how the equilibrium price and quantity of a good are determined in a market economy. Discuss the impact of government intervention, such as taxes and subsidies, on market equilibrium.
2. Analyze the different methods of equity valuation and discuss the advantages and limitations of each method.
3. Explain the relationship between bond prices and interest rates. Discuss the concept of duration and its significance in assessing a bond’s interest rate risk. 
4. Discuss how ethical considerations and professional standards should guide the management of the client’s portfolio, specifically in the context of conflicts of interest and fiduciary responsibilities.
5. Evaluate the role of corporate governance in the financial performance and valuation of a company. Discuss the mechanisms of corporate governance, such as board structure, executive compensation, and shareholder rights, and how they can impact a company’s risk and valuation
Requirements: 
Your final assignment paper should be 5-7 pages in length excluding title, reference, introduction and conclusion page. Make sure to cite at least Five external resources in addition to the textbook.
You are required to follow APA 7th edition format for your final assignment paper.

In this assignment, you will research an aspect of community-based education of relevance and interest to you.  For example, you can choose to research a specific community education program or survey various programs that address the same community issue. It is a good opportunity for you to learn more about an institution, organization, program, trend, or issue in community-based education. The topic is completely of your choosing; however, the format is scholarly writing and will follow APA 7th Ed formatting. This scholarly paper will be double-spaced and at least eight pages long, not including your cover sheet and references.  You must include at least seven scholarly resources and use appropriate APA format to receive full points. An outline of the research paper is due on or before May 26. The research paper is due on or before June 17.

Instructions
For this assignment, assume that the public company that you chose for your Lesson 3 and Lesson 4 assignments is seeking to hire you for the assistant chief financial manager position. As part of the interview process, you have been asked to create a narrated PowerPoint presentation where you demonstrate how to compute and evaluate the weighted average cost of capital (WACC) for the company. Include speaker notes on each slide as if you were actually presenting to the company’s board of directors.
Your presentation must provide detailed instructions for computing each component of WACC. Do the best that you can to actually estimate what you believe to be the company’s actual current WACC. Provide justification for all of your estimates. Remember, you want the job and you must “wow” the board with your understanding of WACC!
Length: 12-15 slides including voice narration, not including a title page slide and a reference slide(s)
Notes: 200-350 words per slide
References: Include a minimum of 3 scholarly references.
Your assignment should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect graduate-level writing and APA standards. 

You should submit a case write up complying w Your task: 1. You should come up with a basic discounted cash flow value for the consolidated MW company (use Exhibit 7 of the case) and a value of the possible tax shield obtained from debt to complete the APV. 2. You should identify which part of the company (reserves) could be treated as assets in place, and which reserves are better considered as options, and thus, valued as such. You should also identify which of the options are “in the money” and which might be “out of the money”. 3. You will conduct a sensitivity analysis for the different option values against different but relevant time to expiration years and different volatilities measured by the standard deviation 4. Finally, you will compare the APV you obtained in (1) with the total value of MW considering the options embedded in the offer.

written report on the Future of Banks and Financial Institutions globally, the Role and position of Canada in this change, Hidden opportunities for Canada in the fintech landscape, and Needed Regulations given the role of AI in this rapid and vast change.
excluding the cover and table of contents page, also provide some support data or chat if it provides. any appendix not including those 5 pages.  It should be cited academically either by Word Citations, Mendeley or any other reference manager software. 

Explain how the limits to arbitrage can interfere with market efficiency even in the presence of smart money. 
Please note, have your response more than two sentences but no more than a paragraph.

Company Name: BRISTOL MYERS SQUIBB CO
Symbol: BMY4831824
CUSIP: U11009BB9
Bond Type: CORP
Date of Issue: 11/13/2020
Introduction: (25 points) Please construct a comprehensive introduction that lays out your project.
Section 1: Company Background: (30 points) This section should include what industry the firm is in, its products, its competitors, and the stated main reason for needing capital (to fund receivables, capacity expansion, retire older debt, etc.). If you can’t find a specific discussion about this, then use your judgment as to why you think the funds were needed and explain your reasoning.
Section 2: Balance Sheets: (30 points) What did the balance sheet look like in the quarter just prior to issuing the bonds? Include both a copy from before the issue and after the issue in an appendix to your paper. From the “Key Financial Ratios” link contained in the Week 2 Lesson, calculate Return on Equity (ROE), one debt ratio, and at least one other ratio of your choice both before and after the bonds were issued, and discuss what the results indicate and why you think they are important to your report.
Section 3: Trends in YTM and Price: (30 points) At what price and yield-to-maturity (YTM) was the initial offering sold? Tabulate the price and YTM of the issue at the end of each calendar quarter for the last six quarters. Then, using Excel, plot the tabulated values to visualize the trends in YTM and prices and include the graph/chart in an Appendix.  In your paper, briefly discuss your graph/chart and what the results indicate.
Section 4: Rate of Return: (30 points) If you were one of the original investors in this issue and you had invested $10,000, what would your total return be if you sold the securities at today’s market price? Compute the current duration of the bond and add a brief discussion about your calculations and what the results indicate.
Conclusion: (30 points) Based on your research in Sections 1-4, discuss at least three overall conclusions about this offering. In your conclusion, please recap your analysis so that a reader can draw upon your expertise in order to make an educated investment decision. The conclusion should draw together all that you have researched and analyzed and provide a well-supported investment recommendation.
Overall: Organize your project with a title page, table of contents, and Works Cited page. Clearly label each section and ensure pages are numbered. SHOW ALL CALCULATIONS. If calculations involve more than one or two lines, put them in an appendix and show only the end results in the main paper. Sections should flow smoothly from one to another to ensure continuity. Please edit your report for grammar and spelling, so that it is something of which you can be proud.

Objective:
Write a dissertation proposal on a unique and specific
topic related to Initial Public Offerings (IPOs).
Requirements:
1. Unique and Specific Topic on IPOs:
–       
Ensure the IPO topic is unique and specific.
–       
Avoid common and extensively studied areas,
especially those focused on the US market.
–       
Investigate new angles or gaps in the existing
literature by reading recent academic papers.
–       
Identify underexplored variables or emerging
trends in IPO research.
2. Literature Review:
–       
Conduct a literature review and summarize five
academic papers relevant to and contributing to the dissertation topic.
–       
Each summary should highlight the research
question, methodology, findings, and how it relates to the proposed
dissertation.
3. Proposal Structure:
–       
Abstract: No more than 300 words summarizing the
key aspects of the proposal.
–       
Introduction: Introduce the topic, its
significance, and the rationale for choosing a unique angle.
–       
Methodology: Describe the input variables, the
formula, and the methods for collecting data.
–       
Ensure that the methodology is clear, detailed,
and feasible.
–       
Hypothesis: State the research hypothesis
clearly.
–       
Literature Review: Provide a detailed literature
review based on the five summarized academic papers.
4. Data Provision:
– Ensure the
dissertation topic has substantial input data available.
– Provide the data
in an Excel file, clearly organized and ready for analysis.
Steps for the
Writer:
1. Topic Exploration:
–       
Conduct preliminary research on IPOs to identify
potential gaps and unique angles.
–       
Review recent academic papers, focusing on areas
less explored or new variables affecting IPOs.
–       
Propose a specific, novel topic for the
dissertation.
2. Literature Review Summaries:
–       
Select five relevant academic papers that align
with the proposed topic.
–       
Summarize each paper, highlighting the research
question, methodology, findings, and relevance to the dissertation topic.
3. Drafting the Proposal:
–       
Abstract: Write a concise summary of the
proposal, ensuring it does not exceed 300 words.
–       
Introduction: Introduce the topic and its
significance, providing context and rationale for the chosen angle.
–       
Methodology: Detail the input variables,
formulas, and data collection methods.
–       
Hypothesis: Clearly state the research
hypothesis.
–       
Literature Review: Write a comprehensive review
based on the five selected papers.
4. Data Compilation:
–       
Identify and gather relevant data for the
proposed topic.
–       
Organize the data in an Excel file, ensuring it
is comprehensive and well-structured.
5. Submission:
–       
Provide the completed dissertation proposal,
including all required sections.
–       
Submit the Excel file containing the data.