COVID19 pandemic may have disrupted the historically established relationships between stocks and economic factors, as well as firm value factors (see three readings on the subject of value investing).

What is worth thinking about, from the future perspective, is whether these disruptions are likely to persist post-COVID19 or not. How can you relate such persistence or lack thereof to the EMH, AMH and FMH?

Here are some more links that might help guide your thinking:

https://am.jpmorgan.com/gr/en/asset-management/institutional/resources/podcast/factor-investing-in-the-wake-of-covid-19/ (Links to an external site.) (Links to an external site.)

https://investors-corner.bnpparibas-am.com/investing/factor-investing-in-equities-lessons-from-the-covid-19-crisis/ (Links to an external site.) (Links to an external site.)

2.https://www.investopedia.com/articles/bonds/08/lose-money-bonds-losses.asp (Links to an external site.) . In your opinion, which of the outlined channels for losses apply in the current environment as we shift from the Covid19 pandemic period to post-Covid19 recovery? Why?

3.The law of one price suggests that, in a perfect market, the price of a good in one nation will be identical to the price in every other nation. Why do you think the law of one price is or is not a useful way to conceptualize prices? What is one example of a real-world product whose international prices violate the law of one price? Justify your position through a thoughtful discussion that draws upon the readings and lectures for this week. In addition, you should seek out a timely and relevant external information source, such as an article from a reputable news provider like The Wall Street Journal or The Financial Times.

Sanjol Kaur: Attempt 1 Maximum cost benefit analysis Question 37 (1 point) What is the MOST important objective of a firm's inventory management system? Maximize internal and external customer service Minimize quality control costs ()Minimize overall materials handling costs Satisfy all sales forecasts+ 75% High-school dropout rates and performance at graduation by score at entrance exam Grade at entrance exam Percent that dropped out from Score on the final exam at - cutoff score for admission high school end of high school 50 0 0 62 elite schools Admitted in 0.53 0.45 51.0 0.50 4810 0 30 0.20 Not admitted in elite schools 42 5 0.25 0.17 45.0 011 Source: Adapted from the analysis of de lanwry, Dustan, Sadoulet (b) Draw two regression lines (Excel commands: Chart, Add linear trend line in Excel, Display equation on graph) separately for the points above the cutoff score (i.e., for those admitted to the elite schools) and for those below the cutoff score (i.e., not admitted to elite schools). Measure the "discontinuity" that you observe at the limit at the point where students were just admitted, i.e., the vertical difference in the two trend lines evaluated at the cutoff. (c) Explain why this may be a credible measure of the causal impact of attending an elite school on the risk of not graduating from high school. In what sense is it a "local" treatment effect? What are some of the factors that might lead to a different impact for students with entrance exam scores far above the cutoff? (d) Repeat the analysis as in question (1b) using the score on the final exam at the end of high school as the dependent variable. Report the impact of attending an elite school on final exam scores at the end of high school. (e) Discuss the trade-off faced by students upon deciding whether to attend an elite school. (f) What is the condition for the validity of this method, and what does this imply about the characteristics of individuals around the cutoff? Discuss what data would you need to have to test that this condition applies and what analysis would you do to support it. Report your results using two graphs: one for the graduation rate and the other for the score on the final exam at the end of high school.Question 7 5 pts What is the method(s) not used in assessing Project Risk? Sensitivity Analysis Break Even Analysis @. Scenario Analysis Cost Benefit Analysis Question 8 5 pts When calculating the Break Even Analysis, one needs to subtract the FW of the cash inflows from the PW of the cash outflows. True False D Question 9 5 pts Scenario Analysis usually does not consider; Worst Case Scenario Do Nothing Scenario Most Likely Case Scenario Best Case Scenario OQuestions 1-1 How has the study of finance changed since the beginning of the twentieth century? 1-2 Why is it important for business students to study finance even if the topic is not their major? 1-3 How can knowledge of financial decision making by corporate financial managers help you make personal financial decisions?Formal systems thinking tools for management include all of the following except: O A. Learning laboratories B. Systems archetypes C. Diagrams that portray organizational performance over time D. Simulation modeling E. Cost-benefit analysis QUESTION 8 The industry to first adopt quality improvement (QI) techniques was: A. Aviation B. Manufacturing and service C. Academia D. Public health E. Health care delivery QUESTION 9 Approximately what percentage of health care expenditures in the United States is made for public health services? A. 5% B. 1% C. 20% D. 15% E. 10%