.Solve these questions.
Beaker 0.002 M NaSCN 0.200 M Fe(NOg)3 Equal in 0.1M HNOg (mL) In 0.1 M HINOg (mL) 0.1 M HNO (mL] 0.0 0.1 2.5 2.5 7.5 0.2 2.5 7.4 0.4 2.5 7.3 0.6 2.5 7.1 0.8 2.5 6.8 1.0 2.5 6.7 6.5 3. Set the spectrophotometer to 447 nm (the wavelength of maximum absorption). Without a test Of tube in the sample holder, adjust the zero transmittance. two 4. Pour some of the solution from beaker 1 into your cuvette, and use this to set the 100% trans- mistance. You should note that solution I has no SCN, thus is pure, yellow Fel. By setting the We 100% transmittance to this, you are effectively subtracting the effect of the Felt from your mea- surements. has 5. Clean the cuvette and then pour some of solution 2 into it and record its transmittance (la). 6. Clean the cuvette thoroughly, and rinse with the next solution. ation 7. Repeat steps 5 and 6 with each of the remaining solutions. 8. Do the appropriate calculations and draw the calibration curve. you B. Collection of Equilibrium Datainvain sayim will 9. In six clean, dry beakers, prepare the following reaction mixtures. Note that the concentration of the Fe(NO,), solution used in this part is much smaller than that used in Part A. Stir for about a di- minute. Beaker 0.002 M NaSCN 0.002 M Fe(NOg)3 0.1 M HNO3 (mL) in 0.1M HNO3 (mL) in 0.1 M HNOg (mL) or- 5 5 4.0 1.0 5.0 2.0 5.0 GOL x 3.0 3.0 5.0 20 1.0 4.0 5.0 0.0 5.0 5.0 10. Recalibrate the 100% transmittance as in step 4 using the new beaker 1, which only contains the hly. Fe(NO ,), solution. M. Rinsing the cuvette before each use with the appropriate solution, measure the transmittance of each reaction mixture (2a)- 12. Carry out the appropriate calculations and determine your average K, (3). 13. Obtain the class data (4) and calculate the class mean (5) and standard deviation (6). 121DFB, Inc. expects earnings next year of $5.00 per share, and it plans to pay a $3.00 dividend to shareholders (assume that is one year from now). DFB will retain $2.00 per share of its earnings to reinvest in new projects that have an expected return of 15.0%% per year. Suppose DFB will maintain the same dividend payout rate, retention rate, and return on new investments in the future and will not change its number of outstanding shares. Assume next dividend is due in one year. a. What growth rate of earnings would you forecast for DFB? b. If OFB's equity cost of capital is 12.0%, what price would you estimate for DFB stock? c. Suppose Instead that DFB paid a dividend of $4.00 per share at the end of this year and retained only $1.00 per share in earnings. That is, it chose to pay a higher dividend instead of reinvesting in as many new projects. If DFB maintains this higher payout rate in the future, what stock price would you estimate for the firm now? Should DFB raise its dividend? a. What growth rate of earnings would you forecast for DFB? DFB's growth rate of eamings is |%. (Round to one decimal place.) b. If DFB's equity cost of capital is 12.0%, what price would you estimate for DFB stock? If OFB's equity cost of capital is 12.0%, then DFB's stock price will be $. (Round to the nearest cent) c. Suppose instead that DFB paid a dividend of $4.00 per share at the end of this year and retained only $1.00 per share in earnings. That is, it chose to pay a higher dividend instead of reinvesting in as many new projects. If DFB maintains this higher payout rate in the future, what stock price would you estimate for the firm now? If DFB paid a dividend of $4.00 per share next year and retained only $1.00 per share in earnings, then OFB's stock price would be $ . (Round to the nearest cent.) Should DFB raise its dividend? (Select the best choice below.) O A. Yes, DFB should raise dividends because, according to the dividend-discount model, doing so will always improve the share price. Q B. No. DFB should not raise dividends because the projects are positive NPV. O C. Yes, DFB should raise dividends because the return on now investments is lower than the cost of capital. D. No, DFB should not raise dividends because companies should always reinvest as much as possible, Click to select your answer(s).Q4. Use the semiannually compounded yield curve in the following table to price some xed income securities: Maturity T Yield r2 (0, T) 0-50 (a) 1.5year zero coupon bond (b) 2-year coupon bond paying 15% semiannually (d) 15year coupon bond paying 9% annually (e) 2-year oating rate bond with zero spread and semiannual payments (1") 15-year oating rate bond with zero spread and annual payments. For this question, assume r1 (0.5,0.5) = 6%. (h) 1.5-year oating rate bond with 40 basis point spread with annual payments. For this question, assume T1 (0.5, 0.5) = 6%. Problems (Solusand to problemis mariged * appear at the bock of this book. Problems adapted to one calculus in availabit saint at 1. Which assumption about consumer preferences does by three different consumers (Augn, Barbara, and each of the following individuals violate? Camina), holding everything else constant: . Adam likes basketball more than football; Auon Football more than baseball; and baseball more Barbara Camira than basketball. b. Christina prefers prune juice to orange juice but 02 cannot decide how she feels about grapefruit juice. C. Blake likes superhero comic books but prefers 5 comic books to 10 comic books. 54 2. By assumption, individual preferences must be tran- sitive so that if A is preferred to B, and B is preferred to C. then A is preferred to C. Suppose that Marsha, 17 5 Jan, and Cindy individually have transitive prefer- ences over three goods: oranges, apples, and pears. Compute the marginal utility of X for each of the If Marsha, Jan, and Cindy were to vote on whether three consumers at each level of X. to name oranges, apples, or pears the "fruit of the b. Based on the data in the table, can you tell month," show that it is possible the preferences for whether any of these consumers are violating any the group might not be transitive. of the standard assumptions about preferences? 3. Draw two indifference curves for each of the follow- c. Is it possible that any of these three consumers ing pairs of goods. Put the quantity of the first good have the same preferences, and that columns for the on the horizontal axis and the quantity of the second three consumers differ only because of the arbitrary good on the vertical axis. units that are used to measure utility? Explain Paul likes pencils and pens, but does not care $6. A consumer's utility function is given by U- XY. which he writes with where MU, - F and MU, = X. Rhonda likes carrots and dislikes broccoli. a. What is the utility derived from 1 unit of X and C. Emily likes hip-hop iTunes downloads and 2 units of Y? What is the utility derived from doesn't care about heavy metal downloads. 2 units of X and I unit of F? What is the utility d. Michael only likes dress shirts and cufflinks in 1 derived from 5 units of X and 2 units of Y? to 2 proportions. b. How does the consumer rank the following e. Carlene likes pizza and shoes. bundles? *4. Suppose that John is indifferent between consuming Bundle Quantity of I Quantity of F bundle A. which consists of 4 apples and 1 peach, and bundle B, which consists of 4 peaches and A 2 1 apple. If John were given the choice between bun- 10 dle A and bundle C, which contained 3 peaches and 2 apples, which should be pick? (Hint: Draw an 5 indifference curve or two.) 3 2 5. The following table displays the total utility ((X ) that 2 3 comesponds to the number of units of X consumed