...FIN 402 FALL 2012 ANSWERS - HOMEWORK #1 1. (Q2) a. financial b. financial c. real d. real e. real f. financial g. real h. financial a. PV = $100/1.0110 = $90.53 b. PV = $100/1.1310 = $29.46 c. PV = $100/1.2515 = $3.52 d. PV = $100/1.12 + $100/1.122 + $100/1.123 = $240.18 a. You can use annuity formula or Excel: PV of bond = PV of coupons + PV of principal PV of coupons = $275/0.026 * (1 – (1/1.026^20)) = $4,246.80 PV of principal = $10000/1.026^20 = $5,984.84 PV of bond = $4,246.80 + $5,984.84 = $10,231.64 b. Need to use Excel: =$10000/(1+(r/2))^20 + PV((r/2),20,-275) for 0.01 3 × Price of A + 1.5 × Price of B = 10 × Price of C 3 × $4 + $1.5 × $10 = X X = $27 If price is $25 ( For example, you can buy 10 shares of Asset C, then sell 30 shares of A and 15 shares of B. Get $270, Pay $250, and make $20 in risk-free profits. Asset A Asset B Asset C TOTAL Today $4 × 30 = $120 $10 × 15 = $150 -$25 × 10 = -$250 $20 $ if oil > $100 -$10 × 30 = -$300 $0 $30 × 10 = $300 $0 $ if oil < $100 $0 -$20 × 15 = -$300 $30 × 30 = $300 $0 5. Highlander SE: MSRP $32,845 fuel – 20 city / 25 highway Highlander Hybrid: MSRP $38,715 fuel – 28 city / 28 highway Assumptions: *Each car will drive 15,000 miles per year on highway, 25,000 miles per year in city *$3000 tax credit on hybrid *Same repair costs *Each car will need to be replaced after three years (resale value of $0) *Average gasoline price of $3.50 Monthly fuel costs: Highlander SE: 1250 hw miles / 25 mpg => 50 gallons * $3.50/gallon = $175...
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...Technology Too Powerful? The year was 1997. The date, August 4th. Skynet, a military computer system used as a global defense network, was activated and given command over all computerized hardware and systems belonging to the United States military. The system also had control over military bombers and the US nuclear arsenal. Skynet was created to eliminate human error and respond quickly to enemy attacks. The system taught itself and by August 29th, gained artificial consciousness. The operators panicked after realizing the capabilities of Skynet and attempted to shut it down. Skynet viewed this as an attack and responded. It’s reponse was the extermination of the humans. Nuclear missiles were launched at Russia and Russia responded with a counter-attack. Over 3 billion people were killed that day. The humans were enslaved by Skynet’s army of machines but started a resistance movement. Today, we are still at battle attempting to over power the machines and regain our world. (The Terminator, 1984) The year today is 2015. We are all living outside of enslavement from machines and our world has not been destroyed by nuclear weapons. What you just read was the basis for the 1984 movie, The Terminator. Technology had been made too powerful, gained self-awareness, and took over the world. Thankfully, that is not our world. However, will it be in the future? Technology may not have progressed as fast and as far as the movie thought that it would by now, but it’s getting better by...
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...Nicholas Vonderheyde Masculine Identity in Science Fiction Film: From Reagan to Bush From the 1970s to the early 1990s, there were many anxieties regarding shifting gender definitions and roles in American society. Ronald Reagan’s attempt to “re-masculinize” the country was during a time when communism and terrorism posed real threats to our nation. After these problems were resolved diplomatically rather than through physical action in the early 1990s, the definition and representation of masculinity began to shift. This was directly reflected in the media in “critical dystopias”, or films that envision an apocalyptic future. Essentially, these Science Fiction productions are artistic critiques of contemporary issues in society. Terminator 2 (James Cameron, 1991) and Demolition Man (Marco Brambilla, 1993) are both critical dystopias from the early 1990s that exemplify the social commentary of such films. The protagonists of both films completely redefine the white, heterosexual male super-body version of masculinity that was popular in the 1980s. By examining the narratives, the characterization, and the cinematography of each critical dystopia, one can see a clear cultural shift in the definitions of masculinity and a growing critique of contemporary masculinity within these films of the early 1990s. Following the Vietnam War, the nation experienced a period of feminization. This can best be depicted in the creation of the “New Man” in men’s magazines; the “New Man” is...
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...James Bragg 1/23/11 Dr. Ahlseen 2010 Wimbledon Tennis Championship The Wimbledon Tennis Championship was from June 21 to July 4 2010. The capacity of the championship grounds is 38,500. (Wikipedia 1*) The actual attendance for the event was 489,946 for the 13 days the 2nd most of all time only beat by 2009. (Wimbledon 2*) It was held at the All England Lawn Tennis and Croquet Club in Wimbledon, London, United Kingdom. (Wimbledon 3*) Seating capacity for Centre Court was 15,000, for No. 1 Court was 11,000, and Court No. 2 was 4,000. (Wikipedia 6*) The ticket prices for the court seats were: 1st Week: | Centre Court | No. 1 Court | No. 2 Court | Mon 21 June | £41 | £38 | £34 | Tue 22 June | £41 | £38 | £34 | Wed 23 June | £52 | £47 | £41 | Thu 24 June | £52 | £47 | £41 | Fri 25 June | £65 | £56 | £48 | Sat 26 June | £65 | £56 | £48 | Sun 27 June | No Play Scheduled | | | | | | 2nd Week: | Centre Court | No. 1 Court | No. 2 Court | | Mon 28 June | £74 | £63 | £52 | | Tue 29 June | £74 | £63 | £35 | | Wed 30 June | £85 | £72 | £32 | | Thu 1 July | £85* | £47 | ** | | Fri 2 July | £95* | £31 | ** | | Sat 3 July | £95* | £29 | ** | | Sun 4 July | £104* | £25 | ** | | (Wimbledon 4*) For grounds tickets they were: 1st Week: | Before 5:00pm | After 5:00pm | Monday to Saturday | £20 | £14 | | | | 2nd Week: | Before 5:00pm | After 5:00pm | Monday | £20 | £14 | Tuesday | £17 | £12 | Wednesday | £17 | £12...
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...Renata Bakieva Professor Carla Pastor English 1100 sec 198 10 October 2012 Back on Top In “Roger Federer arrives at this year’s US Open in the midst of a new chapter in his storied career,” Stephen Tignor uses rhetorical strategies to convince Federer’s fans that he (Federer) had won the Wimbledon title because of the successful changes he had undergone since winning the last major trophy. Tignor asserts that the influence of Federer’s mother, his twin daughters, and the hiring of a new coach were the reasons he had won the Wimbledon title (Tignor 27). To achieve his goal of convincing the audience, Tignor utilizes a variety of rhetorical strategies: description, comparison and contrast, narration, process analysis, and augmentation. These rhetorical strategies combine to convince Federer’s fans that he was able to win the Wimbledon title because of the influence of the changes he had introduced in his life. While using description as a rhetorical strategy, an author uses figurative language and sense details to support a given assertion concerning a person or object of discussion. Tignor in the article argues that Federer’s twin daughters, his mother, and the new coach were the reason why he had won the Wimbledon title after failing in the previous attempts to win a major title in tennis (Tignor 27). Tignor asserts that in his previous wins and losses, the three persons had not attended his matches; the Wimbledon win was their first attendance. Tignor...
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...against sophisticated machines. This sets the stage for the classical narrative that will unfold in James Cameron’s The Terminator. This film provides several examples of the classical narrative style, mise-en-scene, exquisite editing that matches on graphics and action as well as use of camera angles to feature the tale. The classical narrative of The Terminator focuses on the story of Sarah Connor set against the backdrop of the larger conflict. The plot is exquisite in its simplicity as the machines determine to win the war before it even starts. They send the terminator (Schwarzeneggar) back through to kill Sarah Connor (Hamilton) and thereby prevent the birth of John Conner, the future resistance leader. The human resistance sends back a human, Kyle Reese (Biehn), to protect Sarah. Unfortunately for both the Terminator and Kyle, Sarah's residence is not known. So both proceed to phone booths, where they learn that there are three Sarah Connor’s in the phone book. Kyle has the advantage here since he has a photo of her, while the Terminator must resort to assassinating each Sarah Connor in order to achieve his mission. The alternating cross-scenes between the actions of Kyle and The Terminator are played in direct contrast to each other. The Terminator arrives calm, poised and untouched from his experience with time-travel. Kyle arrives pained and in physical distress. The Terminator easily kills someone and injures another to take their clothes. Kyle starts to rob a homeless...
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...depth and substance that, not only does it still bear watching now that I am older, but it also has an archive of academic theory written about it. The Terminator tells of a cyborg, a human shaped machine coated in flesh, that is sent back in time, from an apocalyptic future in which machines have 'got smart' and acted on their own to destroy the human race. The cyborg's mission is to assassinate the mother of the human's great leader, the man who taught the survivors to fight back against the machines. The woman, a young waitress named Sarah Connor, is protected only by a lone warrior - Kyle Reese - sent back to protect her by her future son, John. Reese is in love with Sarah, a love formulated from a photograph he has of her. A sexual relation with her causes pregnancy that will result in John's birth, before the pair manage to destroy the terminator, although not before Reese is himself victim to the wrath of the machine. John Connor has then in effect knowingly sent...
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...be sent back in time to try and eliminate members of the human race, but the technology itself has been developed to the point where it is able to make conscious decisions about the fate of the world and the human race. This ultimately sets the tone that humans will be the manufacturers’ of their own demise and it will be technology will be the cause. There is, however, an underlying theme of hope that technology can provide for man-kind, personified by the terminator character, T-800, played by Arnold Schwarzenegger. The films plot centres on a T-800 terminator that has been sent back in time by the humans to protect John Connor, a young child who will be responsible for leading the resistance to the tyranny of the machines in the future. Another terminator, the T-1000 has also been sent back in time, by the machines, in order to kill John Connor as they know he is humanities only hope. The T-1000 is an advanced model of the T-800, with the ability to mould itself into any human it comes into contact with. This is both a metaphor for how humans are all essentially ‘terminator’s’ as well as new technology replacing and superseding old technology, effectively making it redundant. This theme of new technology replacing the old is recurring...
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