Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

solve For centuries the forest of the northeastern United States provided clear sky, clean water, and abundant wildlife for rural communities while supporting the local

solve

For centuries the forest of the northeastern United States provided clear sky, clean water, and abundant wildlife for rural communities while supporting the local forestry industry. Loggers cut trees for sawmills and the pulp and paper industry, which created lumber, veneers, and paper products for consumers. More recently, recreational activities such as hiking and hunting have become an increasingly important part of the regional economy. The combination of tourism and a growing conservation ethic has led to the creation of parks and conservation reserves.

By the end of the 20th century, a convergence of factors increased the value of the Northern Forest. Seventy or eighty years after the region was almost completely deforested from over... .: You are given the following total return data for a fund and relevant indices: Year 1 Year 2 Year 3 Index Fund Index Fund Index Fund Equities +31% +35% 2% +2% +24% +26% Fixed Interest Bonds +14% +13% +17% +14% +1% +2% Index Linked Bonds +11% +12% +17% +16% +7% +7% The funds strategic benchmark was set at the start of year 1 as 60% Equities, 20% fixed interest bonds and 20% index linked bonds; it was not rebalanced. The fund manager adopted a strategy of 50% equities, 40% fixed interest bonds and 10% index linked bonds at the start of the period and did not rebalance. Ignoring the funds cash flows and stating any assumptions you make: (i) Calculate the total return on the fund and the strategic benchmark over the period and state the relative performance. [... .: Problem 1) Firm A plans to acquire firm B. A's investment banker provides the following

information about B's projected free cash flows (EBIT after tax and after planned investments) at

the end of each year after the merger. We are now at the beginning of year 1.

Year Expected free cash flows (in millions of dollars) at the end of the year

1 $150

2 $200

After the second year, cash flows are expected to grow at a constant annual rate of 4%.

Company B has debt of $500 million, and the weighted average cost of capital of B is 15%.

Firm B has 2 million shares; the share price is $500 and the EPS expected at the end of year 1 is

$120. (EPS is earnings or net income per share).

Firm A has 2 million shares; the share price is $1,000 and the EPS expected a...

image text in transcribedimage text in transcribed
The 3 pillars of DDFI are encapsulation, inheritance, Er. polymorphism. You have already experienced creating your own classes by encapsulating data ITIEITIIJEFEBI. functions into one unit (class). Inheritance En polymorphism are 2 important features of DDF'. Discuss their importance by using your own research. Discuss how inheritance and polymorphism would be used in your own example. Discuss the design of the objects and if any relationship exists between them, for example, inheritance. Question 1(1 Which of the statements about polymorphism is correct? O In polymorphism, an overriding method in a subclass cannot have the same name as the method it is overriding O In polymorphism, to override a superclass method, the method must be defined in the subclass using the same name and parameters as that of the superclass method O In polymorphism, to override a method, the method must not be defined in the subclass using the same parameters as that of the superclass method O In polymorphism, a subclass cannot use the superclass' methods and instance variables

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial management theory and practice

Authors: Eugene F. Brigham and Michael C. Ehrhardt

12th Edition

978-0030243998, 30243998, 324422695, 978-0324422696

Students also viewed these Programming questions