FINC 340 INVESTMENTS MIDTERM EXAMINATION_04 DIRECTIONS: Here are the questions for the Midterm Examination. Please submit your Midterm Examination Answer Sheet in MS Word format with the following file name: LastNameFirstInitial_MidtermExamAnswerSheet.docx. For example, if you name is John Smith, the file name of your Answer Sheet should be SmithJ_MidtermExamAnswerSheet.docx. If you have any questions or comments, please do not hesitate to contact me. NAME: _____________________________________ Quiz Number Question 1 Betty has saved ,000 for a down payment on a home.

She is now actively looking for her dream house and anticipates making an offer on a home within the next two months. If the offer is accepted, it will take up to three additional months to close on the house. Betty will need to deposit about ,000 in an escrow account as “good faith†money when she makes the offer. The rest of the down payment is made at closing. The best place for Betty to deposit her funds now is A: the stock market.

B: a municipal bond. C: a six-month certificate of deposit (CD). D: ,000 in a two month certificate of deposit (CD) and the remainder in a six-month CD. E: a money market mutual fund. 2 Three years ago, Charles purchased a ,000 face value 10-year Treasury note for par.

The market value of this bond is now 0. If Charles sells the bond today, the tax implications of sale are A: loss against ordinary income B: capital gain C: capital loss D: gain against ordinary income E: No tax effects since Treasury securities are exempt from taxes 3 Two years ago, an investor purchased a ,000 par 6% coupon bond that pays interest semiannually. Inflation over the last two years has been 2% per year. The inflation-adjusted value of the next interest payment is A: .84 B: .00 C: .21 D: .67 E: . Cameron pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes.

Ten years ago, Cameron purchased a position in a limited partnership for ,000. Three years later, she was required to contribute

Finc 340 Investmentsmidterm Examination 04directions Here Are The Que

FINC 340 INVESTMENTS MIDTERM EXAMINATION_04 DIRECTIONS: Here are the questions for the Midterm Examination. Please submit your Midterm Examination Answer Sheet in MS Word format with the following file name: LastNameFirstInitial_MidtermExamAnswerSheet.docx. For example, if you name is John Smith, the file name of your Answer Sheet should be SmithJ_MidtermExamAnswerSheet.docx. If you have any questions or comments, please do not hesitate to contact me. NAME: _____________________________________ Quiz Number Question 1 Betty has saved $60,000 for a down payment on a home.

She is now actively looking for her dream house and anticipates making an offer on a home within the next two months. If the offer is accepted, it will take up to three additional months to close on the house. Betty will need to deposit about $1,000 in an escrow account as “good faith†money when she makes the offer. The rest of the down payment is made at closing. The best place for Betty to deposit her funds now is A: the stock market.

B: a municipal bond. C: a six-month certificate of deposit (CD). D: $1,000 in a two month certificate of deposit (CD) and the remainder in a six-month CD. E: a money market mutual fund. 2 Three years ago, Charles purchased a $1,000 face value 10-year Treasury note for par.

The market value of this bond is now $950. If Charles sells the bond today, the tax implications of sale are A: $50 loss against ordinary income B: $50 capital gain C: $50 capital loss D: $50 gain against ordinary income E: No tax effects since Treasury securities are exempt from taxes 3 Two years ago, an investor purchased a $1,000 par 6% coupon bond that pays interest semiannually. Inflation over the last two years has been 2% per year. The inflation-adjusted value of the next interest payment is A: $28.84 B: $30.00 C: $31.21 D: $57.67 E: $60. Cameron pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes.

Ten years ago, Cameron purchased a position in a limited partnership for $10,000. Three years later, she was required to contribute $2,000 more to the partnership. Two years ago, she was required to contribute an additional $2,000. If Cameron sells her limited partnership investment today for $20,000, what are the taxes? A: $ 900 B: $1,500 C: $2,100 D: $2,700 E: $3, Bonds A, B and C are all zero-coupon bonds.

Bond A matures in 3 years; Bond B matures in 7 years, and Bond C matures in 10 years. Paul is uncertain as to the direction of interest rates over the next several years, so he wants to lock-in his return over his 7 year time horizon. Which bond is best for Paul? A: Bond A because it matures in 3 years, and Paul can then roll-over the funds to a 4 year bond. B: Bond B because it matches Paul’s time horizon.

C: Bond C because it has a longer maturity, it will probably have a higher yield. D: Since these are zero-coupon bonds, it does not matter which bond Paul chooses. E: Bonds are too risky for Paul to be investing. 6 Assume that the futures price of gold is $390 a troy ounce, and the contract is for 100 troy ounces. The initial margin is $2,000.

If the future price increases by 5.0%, what is the return to the investor? A: 1.0% B: 2.5% C: 5.0% D: 19.5% E: 97.5% 7 Iris pays 15% in dividends and capital gains taxes and 35% in ordinary income taxes. Several years ago, she purchased a Mortgage-Backed Security (MBS) for $20,000 which was the par value of the underlying assets. At the end of this year, she received a statement stating she had received $700 in scheduled amortization of principal, $1,200 in interest, and $500 in unscheduled collection of principal. What is Iris’s after-tax cash flow this year from this investment?

A: $1,560 B: $1,695 C: $1,980 D: $2,040 E: $2, Before the new tax law enacted in 2003, dividends were taxed as ordinary income. Now the maximum tax rate on dividends paid to individuals is 15%. As a result of the law, an investor in the 25% tax bracket who received $70,000 in qualifying dividends had a tax savings of A: $ 0. B: $ 7,000. C: $ 9,000.

D: $10,500. E: $17,500. 9 Abby buys a position in a closed-end mutual fund that is selling at an 8% discount. The fund earns 12%, but the discount decreases to 5%. What is Abby’s return on this investment?

A: 8.5% B: 12.0% C: 12.4% D: 14.2% E: 15.7% 10 Corey pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes. Four years ago, she invested $500,000 in a private placement offering with some friends. The initial price was $50 a share. The investment group is now discussing the possibility of publicly selling their shares. One of the members of the group believes they could get at least $75 a share.

If this is correct, what are Corey’s taxes when she sells her shares (ignoring commissions and fees)? A: $0 because the group is not allowed to sell their private placement shares to the public B: $37,500 C: $54,000 D: $70,000 E: $87, A firm has $10 million to invest in safe securities. The time horizon is five years, and interest rates are anticipated to decrease over this period. The best investment for this firm is A: Six-month CDs B: Nonparticipating GICs C: Treasury bills D: Participating GICs E: Two-year corporate bonds 12 What is the standard deviation of returns given returns of 10%, -5%, 8%, 3%? A: 3.7% B: 4.0% C: 5.8% D: 6.7% E: 7.1% 13 Claire has 200 shares of stock in a firm that just issued 1 right per share.

The right gives the holder the opportunity to purchase 0.125 shares of stock. If Claire exercises all her rights, how many addition shares of stock will she be able to obtain? A: 8 B: 25 C: 125 D: 200 E: 1, Luke is 35 years old, has a good job, a wife and two small children, and is financially conservative. He has heard about the large returns that may be achieved by investing in the oil and gas field. Luke is interested, but he has no expertise to provide day-to-day management.

Which of the following investments would be best for Luke? A: direct investment through a working interest B: general partner C: limited partner D: all of these options would be a reasonable investment for Frank E: either B or C (partnership) would be a reasonable investment for Frank, but a direct investment (A) is not reasonable 15 A $1,000 par 1.4% coupon convertible bond with a stock purchase warrant for 1 share of stock at $35 per share is purchased for $900. The common stock has a current market price of $38 per share and the warrant’s market price is $4. If the market price of the stock increases to $41.80, the minimum percentage increase in the value of the warrant is A: 10.0% B: 17.8% C: 19.4% D: 70.0% E: 119.4% 16 Round lots are A: 10 shares B: 100 shares C: 1,000 shares D: 10,000 shares E: 100,000 shares 17 A 6.4% preferred stock has a par value of $30 and is currently selling in the market at $40.

The quarterly dividend for this stock is A: $0.16. B: $0.48. C: $0.64. D: $1.92. E: $2.56.

18 Balloon payments A: Increases the periodic cash flows to the lender B: Decreases the probability of default C: Increases the maturity of the loan D: Occur at the beginning of the loan E: Can consist of principal and accrued interest 19 Factors that should be considered in taking a stock option position include: A: The dividend paid on the underlying stock B: The volatility of the underlying stock C: The time to expiration D: The anticipated direction of market movement E: All of the above are relevant factors in the option decision 20 Last month when IBM was selling for $86, Dan purchased a call option on IBM with an exercise price of $90 for $2 per option or $200 total. Yesterday IBM closed at $95.

Based on the minimum value of the contract, if Dan sells his call at yesterday’s close, what would his return be? A: 4% B: 6% C: 50% D: 150% E: 250% 21 One of the most successful collection programs is the 50 State Quarters program developed by the U.S. Mint. This program began in 1999 and permitted each state to put a design on the back of the U.S. quarter. There are 5 state quarters issued each year over the 10-year program.

According to CoinWorld.com, in 1999 4.43 billion quarters were minted across the first five states issued. In 2000, the U.S. Mint increased the mintage by 46%. What was the number of state quarters minted in 2000? A: 2.04 billion B: 4.43 billion C: 4.63 billion D: 6.47 billion E: 6.65 billion 22 Wendy’s broker has recommended she purchase 500 shares of a mutual fund that is currently priced at $25 a share.

The commission on the purchase price is 3%, and the fund charges a 1% annual management fee and a $10 annual administrative charge. What is the total cost over the first year to invest in this fund? A: $12,500 B: $12,875 C: $13,000 D: $13,010 E: $13, Advantages of purchasing Treasury securities directly from the government over the internet include all of the following EXCEPT: A: Direct deposit of payments B: Check-writing C: Automatic reinvestment option D: Record keeping E: Book-entry system 24 Angie deposits $250 in an account that earns 12% per year. If no other deposits or withdrawals are made, how much will Angie have in her account at the end of 15 years? A: $ 280 B: $ 700 C: $1,368 D: $3,450 E: $4, A: promissory note from his mother.

B: having his mother co-sign a bank loan. C: selling personal assets. D: issuing debt in the market. E: all of the above are possible sources of funds for Zack. 26 A portfolio of Treasury bonds with coupon payment dates of February 15 and August 15 that matures in 10 years may be stripped into how many zero-coupon bonds?

A: 0 since Treasury securities and not eligible for stripping B: 1 C: 10 D: 11 E: Jason is in the 28% Federal income tax bracket and 7% New York state income tax. He has invested in New York State bonds that yields a 6% return. The taxable equivalent yield on this bond is A: 6.45% B: 7.32% C: 8.54% D: 9.23% E: 10.61% 28 XYZ Corporation has a cumulative preferred stock that pays $1 per share per quarter. The firm did not declare a dividend the last two quarters. To be able to pay dividends to common shareholders, the preferred stock dividend this coming quarter must be A: XYZ does not need to pay preferred stock dividends to be able to pay common stock dividends B: $1 C: $2 D: $3 E: $ Preferred stock with cumulative fixed dividends A: Are required to pay dividends each quarter B: Must pay the missed dividend before common shareholders can receive dividends C: Are taxed on the accumulated dividends D: Are considered to be bankrupted if one year of dividends is missed E: All of the above are true 30 Diane has $85,000 to invest.

She wants to invest in relatively safe securities. Diane believes interest rates will decrease and stabilize at a lower level over the next 5-10 years. She should invest in A: Treasury bills B: Long-term Treasury notes or bonds C: Equity D: B-rated corporate bonds E: Commercial paper 1 Ayah Wakkad Classes # 57478 & 61525 English 102 - Unit I Assignment Cultural Artifact Research Project[footnoteRef:1] [1: This assignment is based on Kenton Rambsy's.] For this assignment, you will write a researched essay on the connotative values of a cultural or personal artifact of your choosing. You will inquire into the nature and significance of the artifact (what it can tell us about the person and the culture for whom it is significant) and explore its cultural, social and historical contexts.

Your research should begin with a question you can ask about this artifact. What do critics and scholars have to say about it? How do their views differ? How do their views affect your understanding of this artifact? What is the significance of this artifact?

How does it represent the culture or you? Affect that culture or you? Through your research, you may solidify a claim about your artifact, but you should not begin this project with a preconceived argument. In this paper, artifacts can be defined as commercial/retail products (i.e. iPods, cars, clothing), personally meaningful items (i.e. collectibles, knick-knacks, souvenirs), or popular culture items (i.e. Facebook, TV shows, movies).

Choosing an appropriate topic is very important and can be challenging. If you choose to write on sensitive, controversial topic, you should tackle it objectively, keeping in mind KU policy on diversity and inclusivity. You will complete this assignment by consulting a variety of credible secondary sources and discovering how your chosen artifact is represented and written about within the culture at large. We will look at popular magazines or blogs in which such a researched essay would be found, and you should format and cite sources in your paper in a similar way. Our in-class activities and collaboration will discuss inquiry-based research and help you generate ideas, but you should start thinking about a topic immediately.

The overall purpose is to ask a question. The goal of this assignment is not to find research to support a pre-conceived argument, but to ask a question and explore the nature and significance of the artifact. Your paper should reflect the research: you should present multiple views of your question, and while you should insert your own experience with the artifact, be sure to give credit to previous researchers, including those who may not completely agree with you. Your new ideas about the significance of the artifact should be the result of your inquiry, and that should be apparent in the paper. Be sure to provide evidence about various social, historical, and cultural factors that influence your artifact.

In addition, what conclusions do you have to add to those of previous scholars/professionals in this field? You will be writing your essay to the readers of one of the sources you have used. You will select which group of readers that audience is. For example, you can choose to write for readers of Rolling Stone, Time Magazine, USA Today, or other similar sources. These are not the only sources/audiences you can select from, but are several examples.

Therefore, you will not want to devote large sections to explaining the artifact; the reader is likely already familiar with it. Instead, you will focus primarily on exploring the cultural significance of that object (including if it is no longer seen as influential). Goals of this Project: · To build critical thinking by analyzing the cultural and historical importance and impact of a certain artifact · To practice finding and incorporating a variety of appropriate sources into your writing · To understand and respond to previous scholars/critics · To stress that many simple, everyday use items, when researched, turn to have a deep meaning and great significance throughout history · To encourage students to write a research paper on one hand and lessen their fear of this type of writing on the other hand · To engage students with campus activities that will make them critical outsiders Requirements · 3-4 page essay ( words), double-spaced in MLA format with a "Works Cited" page · Use of 4 outside sources and incorporate quotes.

This unit will focus on popular sources, while further units will develop our understanding of academic texts. Still, these popular sources should be credible resources you can find about your topic (ie; not Wikipedia). · Credit your sources correctly by attributing the information from your sources as they do in the genre you choose (online blogs on the topic or published articles in a popular magazine) and use proper MLA in-text citations · 1-2 pages reflection essay Grading Criteria · Fulfill all the requirements of the assignment listed above · Analyze primary source and explains its original context · Incorporate secondary sources effectively and accurately · Support all factual claims with cited evidence · Organize content in a way that flows well and is easy to follow · Address cultural issues appropriately and thoughtfully · Present an overall exposition that is interesting and insightful · Your authentic voice is clear, not silenced by over quoting · Writing is clear, appropriate, and effective · Spelling, punctuation, syntactical and grammatical errors do not appear in the final draft · Attend the International Jayhawk Festival and write a coherent reflection essay which will be allotted 3 points of the assignment weighting Important dates: · Proposal due: Friday, February 5 (In your proposal, you need to identify your artifact, write a specific issue-based question or group of questions your paper will focus on, find and review two popular sources on this artifact and explain how important they are to your research. Finally, write a general expectation of your finding) · Peer Review: Monday, February 6 · Final draft due: Monday, February 7

,000 more to the partnership. Two years ago, she was required to contribute an additional

Finc 340 Investmentsmidterm Examination 04directions Here Are The Que

FINC 340 INVESTMENTS MIDTERM EXAMINATION_04 DIRECTIONS: Here are the questions for the Midterm Examination. Please submit your Midterm Examination Answer Sheet in MS Word format with the following file name: LastNameFirstInitial_MidtermExamAnswerSheet.docx. For example, if you name is John Smith, the file name of your Answer Sheet should be SmithJ_MidtermExamAnswerSheet.docx. If you have any questions or comments, please do not hesitate to contact me. NAME: _____________________________________ Quiz Number Question 1 Betty has saved $60,000 for a down payment on a home.

She is now actively looking for her dream house and anticipates making an offer on a home within the next two months. If the offer is accepted, it will take up to three additional months to close on the house. Betty will need to deposit about $1,000 in an escrow account as “good faith†money when she makes the offer. The rest of the down payment is made at closing. The best place for Betty to deposit her funds now is A: the stock market.

B: a municipal bond. C: a six-month certificate of deposit (CD). D: $1,000 in a two month certificate of deposit (CD) and the remainder in a six-month CD. E: a money market mutual fund. 2 Three years ago, Charles purchased a $1,000 face value 10-year Treasury note for par.

The market value of this bond is now $950. If Charles sells the bond today, the tax implications of sale are A: $50 loss against ordinary income B: $50 capital gain C: $50 capital loss D: $50 gain against ordinary income E: No tax effects since Treasury securities are exempt from taxes 3 Two years ago, an investor purchased a $1,000 par 6% coupon bond that pays interest semiannually. Inflation over the last two years has been 2% per year. The inflation-adjusted value of the next interest payment is A: $28.84 B: $30.00 C: $31.21 D: $57.67 E: $60. Cameron pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes.

Ten years ago, Cameron purchased a position in a limited partnership for $10,000. Three years later, she was required to contribute $2,000 more to the partnership. Two years ago, she was required to contribute an additional $2,000. If Cameron sells her limited partnership investment today for $20,000, what are the taxes? A: $ 900 B: $1,500 C: $2,100 D: $2,700 E: $3, Bonds A, B and C are all zero-coupon bonds.

Bond A matures in 3 years; Bond B matures in 7 years, and Bond C matures in 10 years. Paul is uncertain as to the direction of interest rates over the next several years, so he wants to lock-in his return over his 7 year time horizon. Which bond is best for Paul? A: Bond A because it matures in 3 years, and Paul can then roll-over the funds to a 4 year bond. B: Bond B because it matches Paul’s time horizon.

C: Bond C because it has a longer maturity, it will probably have a higher yield. D: Since these are zero-coupon bonds, it does not matter which bond Paul chooses. E: Bonds are too risky for Paul to be investing. 6 Assume that the futures price of gold is $390 a troy ounce, and the contract is for 100 troy ounces. The initial margin is $2,000.

If the future price increases by 5.0%, what is the return to the investor? A: 1.0% B: 2.5% C: 5.0% D: 19.5% E: 97.5% 7 Iris pays 15% in dividends and capital gains taxes and 35% in ordinary income taxes. Several years ago, she purchased a Mortgage-Backed Security (MBS) for $20,000 which was the par value of the underlying assets. At the end of this year, she received a statement stating she had received $700 in scheduled amortization of principal, $1,200 in interest, and $500 in unscheduled collection of principal. What is Iris’s after-tax cash flow this year from this investment?

A: $1,560 B: $1,695 C: $1,980 D: $2,040 E: $2, Before the new tax law enacted in 2003, dividends were taxed as ordinary income. Now the maximum tax rate on dividends paid to individuals is 15%. As a result of the law, an investor in the 25% tax bracket who received $70,000 in qualifying dividends had a tax savings of A: $ 0. B: $ 7,000. C: $ 9,000.

D: $10,500. E: $17,500. 9 Abby buys a position in a closed-end mutual fund that is selling at an 8% discount. The fund earns 12%, but the discount decreases to 5%. What is Abby’s return on this investment?

A: 8.5% B: 12.0% C: 12.4% D: 14.2% E: 15.7% 10 Corey pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes. Four years ago, she invested $500,000 in a private placement offering with some friends. The initial price was $50 a share. The investment group is now discussing the possibility of publicly selling their shares. One of the members of the group believes they could get at least $75 a share.

If this is correct, what are Corey’s taxes when she sells her shares (ignoring commissions and fees)? A: $0 because the group is not allowed to sell their private placement shares to the public B: $37,500 C: $54,000 D: $70,000 E: $87, A firm has $10 million to invest in safe securities. The time horizon is five years, and interest rates are anticipated to decrease over this period. The best investment for this firm is A: Six-month CDs B: Nonparticipating GICs C: Treasury bills D: Participating GICs E: Two-year corporate bonds 12 What is the standard deviation of returns given returns of 10%, -5%, 8%, 3%? A: 3.7% B: 4.0% C: 5.8% D: 6.7% E: 7.1% 13 Claire has 200 shares of stock in a firm that just issued 1 right per share.

The right gives the holder the opportunity to purchase 0.125 shares of stock. If Claire exercises all her rights, how many addition shares of stock will she be able to obtain? A: 8 B: 25 C: 125 D: 200 E: 1, Luke is 35 years old, has a good job, a wife and two small children, and is financially conservative. He has heard about the large returns that may be achieved by investing in the oil and gas field. Luke is interested, but he has no expertise to provide day-to-day management.

Which of the following investments would be best for Luke? A: direct investment through a working interest B: general partner C: limited partner D: all of these options would be a reasonable investment for Frank E: either B or C (partnership) would be a reasonable investment for Frank, but a direct investment (A) is not reasonable 15 A $1,000 par 1.4% coupon convertible bond with a stock purchase warrant for 1 share of stock at $35 per share is purchased for $900. The common stock has a current market price of $38 per share and the warrant’s market price is $4. If the market price of the stock increases to $41.80, the minimum percentage increase in the value of the warrant is A: 10.0% B: 17.8% C: 19.4% D: 70.0% E: 119.4% 16 Round lots are A: 10 shares B: 100 shares C: 1,000 shares D: 10,000 shares E: 100,000 shares 17 A 6.4% preferred stock has a par value of $30 and is currently selling in the market at $40.

The quarterly dividend for this stock is A: $0.16. B: $0.48. C: $0.64. D: $1.92. E: $2.56.

18 Balloon payments A: Increases the periodic cash flows to the lender B: Decreases the probability of default C: Increases the maturity of the loan D: Occur at the beginning of the loan E: Can consist of principal and accrued interest 19 Factors that should be considered in taking a stock option position include: A: The dividend paid on the underlying stock B: The volatility of the underlying stock C: The time to expiration D: The anticipated direction of market movement E: All of the above are relevant factors in the option decision 20 Last month when IBM was selling for $86, Dan purchased a call option on IBM with an exercise price of $90 for $2 per option or $200 total. Yesterday IBM closed at $95.

Based on the minimum value of the contract, if Dan sells his call at yesterday’s close, what would his return be? A: 4% B: 6% C: 50% D: 150% E: 250% 21 One of the most successful collection programs is the 50 State Quarters program developed by the U.S. Mint. This program began in 1999 and permitted each state to put a design on the back of the U.S. quarter. There are 5 state quarters issued each year over the 10-year program.

According to CoinWorld.com, in 1999 4.43 billion quarters were minted across the first five states issued. In 2000, the U.S. Mint increased the mintage by 46%. What was the number of state quarters minted in 2000? A: 2.04 billion B: 4.43 billion C: 4.63 billion D: 6.47 billion E: 6.65 billion 22 Wendy’s broker has recommended she purchase 500 shares of a mutual fund that is currently priced at $25 a share.

The commission on the purchase price is 3%, and the fund charges a 1% annual management fee and a $10 annual administrative charge. What is the total cost over the first year to invest in this fund? A: $12,500 B: $12,875 C: $13,000 D: $13,010 E: $13, Advantages of purchasing Treasury securities directly from the government over the internet include all of the following EXCEPT: A: Direct deposit of payments B: Check-writing C: Automatic reinvestment option D: Record keeping E: Book-entry system 24 Angie deposits $250 in an account that earns 12% per year. If no other deposits or withdrawals are made, how much will Angie have in her account at the end of 15 years? A: $ 280 B: $ 700 C: $1,368 D: $3,450 E: $4, A: promissory note from his mother.

B: having his mother co-sign a bank loan. C: selling personal assets. D: issuing debt in the market. E: all of the above are possible sources of funds for Zack. 26 A portfolio of Treasury bonds with coupon payment dates of February 15 and August 15 that matures in 10 years may be stripped into how many zero-coupon bonds?

A: 0 since Treasury securities and not eligible for stripping B: 1 C: 10 D: 11 E: Jason is in the 28% Federal income tax bracket and 7% New York state income tax. He has invested in New York State bonds that yields a 6% return. The taxable equivalent yield on this bond is A: 6.45% B: 7.32% C: 8.54% D: 9.23% E: 10.61% 28 XYZ Corporation has a cumulative preferred stock that pays $1 per share per quarter. The firm did not declare a dividend the last two quarters. To be able to pay dividends to common shareholders, the preferred stock dividend this coming quarter must be A: XYZ does not need to pay preferred stock dividends to be able to pay common stock dividends B: $1 C: $2 D: $3 E: $ Preferred stock with cumulative fixed dividends A: Are required to pay dividends each quarter B: Must pay the missed dividend before common shareholders can receive dividends C: Are taxed on the accumulated dividends D: Are considered to be bankrupted if one year of dividends is missed E: All of the above are true 30 Diane has $85,000 to invest.

She wants to invest in relatively safe securities. Diane believes interest rates will decrease and stabilize at a lower level over the next 5-10 years. She should invest in A: Treasury bills B: Long-term Treasury notes or bonds C: Equity D: B-rated corporate bonds E: Commercial paper 1 Ayah Wakkad Classes # 57478 & 61525 English 102 - Unit I Assignment Cultural Artifact Research Project[footnoteRef:1] [1: This assignment is based on Kenton Rambsy's.] For this assignment, you will write a researched essay on the connotative values of a cultural or personal artifact of your choosing. You will inquire into the nature and significance of the artifact (what it can tell us about the person and the culture for whom it is significant) and explore its cultural, social and historical contexts.

Your research should begin with a question you can ask about this artifact. What do critics and scholars have to say about it? How do their views differ? How do their views affect your understanding of this artifact? What is the significance of this artifact?

How does it represent the culture or you? Affect that culture or you? Through your research, you may solidify a claim about your artifact, but you should not begin this project with a preconceived argument. In this paper, artifacts can be defined as commercial/retail products (i.e. iPods, cars, clothing), personally meaningful items (i.e. collectibles, knick-knacks, souvenirs), or popular culture items (i.e. Facebook, TV shows, movies).

Choosing an appropriate topic is very important and can be challenging. If you choose to write on sensitive, controversial topic, you should tackle it objectively, keeping in mind KU policy on diversity and inclusivity. You will complete this assignment by consulting a variety of credible secondary sources and discovering how your chosen artifact is represented and written about within the culture at large. We will look at popular magazines or blogs in which such a researched essay would be found, and you should format and cite sources in your paper in a similar way. Our in-class activities and collaboration will discuss inquiry-based research and help you generate ideas, but you should start thinking about a topic immediately.

The overall purpose is to ask a question. The goal of this assignment is not to find research to support a pre-conceived argument, but to ask a question and explore the nature and significance of the artifact. Your paper should reflect the research: you should present multiple views of your question, and while you should insert your own experience with the artifact, be sure to give credit to previous researchers, including those who may not completely agree with you. Your new ideas about the significance of the artifact should be the result of your inquiry, and that should be apparent in the paper. Be sure to provide evidence about various social, historical, and cultural factors that influence your artifact.

In addition, what conclusions do you have to add to those of previous scholars/professionals in this field? You will be writing your essay to the readers of one of the sources you have used. You will select which group of readers that audience is. For example, you can choose to write for readers of Rolling Stone, Time Magazine, USA Today, or other similar sources. These are not the only sources/audiences you can select from, but are several examples.

Therefore, you will not want to devote large sections to explaining the artifact; the reader is likely already familiar with it. Instead, you will focus primarily on exploring the cultural significance of that object (including if it is no longer seen as influential). Goals of this Project: · To build critical thinking by analyzing the cultural and historical importance and impact of a certain artifact · To practice finding and incorporating a variety of appropriate sources into your writing · To understand and respond to previous scholars/critics · To stress that many simple, everyday use items, when researched, turn to have a deep meaning and great significance throughout history · To encourage students to write a research paper on one hand and lessen their fear of this type of writing on the other hand · To engage students with campus activities that will make them critical outsiders Requirements · 3-4 page essay ( words), double-spaced in MLA format with a "Works Cited" page · Use of 4 outside sources and incorporate quotes.

This unit will focus on popular sources, while further units will develop our understanding of academic texts. Still, these popular sources should be credible resources you can find about your topic (ie; not Wikipedia). · Credit your sources correctly by attributing the information from your sources as they do in the genre you choose (online blogs on the topic or published articles in a popular magazine) and use proper MLA in-text citations · 1-2 pages reflection essay Grading Criteria · Fulfill all the requirements of the assignment listed above · Analyze primary source and explains its original context · Incorporate secondary sources effectively and accurately · Support all factual claims with cited evidence · Organize content in a way that flows well and is easy to follow · Address cultural issues appropriately and thoughtfully · Present an overall exposition that is interesting and insightful · Your authentic voice is clear, not silenced by over quoting · Writing is clear, appropriate, and effective · Spelling, punctuation, syntactical and grammatical errors do not appear in the final draft · Attend the International Jayhawk Festival and write a coherent reflection essay which will be allotted 3 points of the assignment weighting Important dates: · Proposal due: Friday, February 5 (In your proposal, you need to identify your artifact, write a specific issue-based question or group of questions your paper will focus on, find and review two popular sources on this artifact and explain how important they are to your research. Finally, write a general expectation of your finding) · Peer Review: Monday, February 6 · Final draft due: Monday, February 7

,000. If Cameron sells her limited partnership investment today for ,000, what are the taxes? A: $ 900 B: ,500 C:

Finc 340 Investmentsmidterm Examination 04directions Here Are The Que

FINC 340 INVESTMENTS MIDTERM EXAMINATION_04 DIRECTIONS: Here are the questions for the Midterm Examination. Please submit your Midterm Examination Answer Sheet in MS Word format with the following file name: LastNameFirstInitial_MidtermExamAnswerSheet.docx. For example, if you name is John Smith, the file name of your Answer Sheet should be SmithJ_MidtermExamAnswerSheet.docx. If you have any questions or comments, please do not hesitate to contact me. NAME: _____________________________________ Quiz Number Question 1 Betty has saved $60,000 for a down payment on a home.

She is now actively looking for her dream house and anticipates making an offer on a home within the next two months. If the offer is accepted, it will take up to three additional months to close on the house. Betty will need to deposit about $1,000 in an escrow account as “good faith†money when she makes the offer. The rest of the down payment is made at closing. The best place for Betty to deposit her funds now is A: the stock market.

B: a municipal bond. C: a six-month certificate of deposit (CD). D: $1,000 in a two month certificate of deposit (CD) and the remainder in a six-month CD. E: a money market mutual fund. 2 Three years ago, Charles purchased a $1,000 face value 10-year Treasury note for par.

The market value of this bond is now $950. If Charles sells the bond today, the tax implications of sale are A: $50 loss against ordinary income B: $50 capital gain C: $50 capital loss D: $50 gain against ordinary income E: No tax effects since Treasury securities are exempt from taxes 3 Two years ago, an investor purchased a $1,000 par 6% coupon bond that pays interest semiannually. Inflation over the last two years has been 2% per year. The inflation-adjusted value of the next interest payment is A: $28.84 B: $30.00 C: $31.21 D: $57.67 E: $60. Cameron pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes.

Ten years ago, Cameron purchased a position in a limited partnership for $10,000. Three years later, she was required to contribute $2,000 more to the partnership. Two years ago, she was required to contribute an additional $2,000. If Cameron sells her limited partnership investment today for $20,000, what are the taxes? A: $ 900 B: $1,500 C: $2,100 D: $2,700 E: $3, Bonds A, B and C are all zero-coupon bonds.

Bond A matures in 3 years; Bond B matures in 7 years, and Bond C matures in 10 years. Paul is uncertain as to the direction of interest rates over the next several years, so he wants to lock-in his return over his 7 year time horizon. Which bond is best for Paul? A: Bond A because it matures in 3 years, and Paul can then roll-over the funds to a 4 year bond. B: Bond B because it matches Paul’s time horizon.

C: Bond C because it has a longer maturity, it will probably have a higher yield. D: Since these are zero-coupon bonds, it does not matter which bond Paul chooses. E: Bonds are too risky for Paul to be investing. 6 Assume that the futures price of gold is $390 a troy ounce, and the contract is for 100 troy ounces. The initial margin is $2,000.

If the future price increases by 5.0%, what is the return to the investor? A: 1.0% B: 2.5% C: 5.0% D: 19.5% E: 97.5% 7 Iris pays 15% in dividends and capital gains taxes and 35% in ordinary income taxes. Several years ago, she purchased a Mortgage-Backed Security (MBS) for $20,000 which was the par value of the underlying assets. At the end of this year, she received a statement stating she had received $700 in scheduled amortization of principal, $1,200 in interest, and $500 in unscheduled collection of principal. What is Iris’s after-tax cash flow this year from this investment?

A: $1,560 B: $1,695 C: $1,980 D: $2,040 E: $2, Before the new tax law enacted in 2003, dividends were taxed as ordinary income. Now the maximum tax rate on dividends paid to individuals is 15%. As a result of the law, an investor in the 25% tax bracket who received $70,000 in qualifying dividends had a tax savings of A: $ 0. B: $ 7,000. C: $ 9,000.

D: $10,500. E: $17,500. 9 Abby buys a position in a closed-end mutual fund that is selling at an 8% discount. The fund earns 12%, but the discount decreases to 5%. What is Abby’s return on this investment?

A: 8.5% B: 12.0% C: 12.4% D: 14.2% E: 15.7% 10 Corey pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes. Four years ago, she invested $500,000 in a private placement offering with some friends. The initial price was $50 a share. The investment group is now discussing the possibility of publicly selling their shares. One of the members of the group believes they could get at least $75 a share.

If this is correct, what are Corey’s taxes when she sells her shares (ignoring commissions and fees)? A: $0 because the group is not allowed to sell their private placement shares to the public B: $37,500 C: $54,000 D: $70,000 E: $87, A firm has $10 million to invest in safe securities. The time horizon is five years, and interest rates are anticipated to decrease over this period. The best investment for this firm is A: Six-month CDs B: Nonparticipating GICs C: Treasury bills D: Participating GICs E: Two-year corporate bonds 12 What is the standard deviation of returns given returns of 10%, -5%, 8%, 3%? A: 3.7% B: 4.0% C: 5.8% D: 6.7% E: 7.1% 13 Claire has 200 shares of stock in a firm that just issued 1 right per share.

The right gives the holder the opportunity to purchase 0.125 shares of stock. If Claire exercises all her rights, how many addition shares of stock will she be able to obtain? A: 8 B: 25 C: 125 D: 200 E: 1, Luke is 35 years old, has a good job, a wife and two small children, and is financially conservative. He has heard about the large returns that may be achieved by investing in the oil and gas field. Luke is interested, but he has no expertise to provide day-to-day management.

Which of the following investments would be best for Luke? A: direct investment through a working interest B: general partner C: limited partner D: all of these options would be a reasonable investment for Frank E: either B or C (partnership) would be a reasonable investment for Frank, but a direct investment (A) is not reasonable 15 A $1,000 par 1.4% coupon convertible bond with a stock purchase warrant for 1 share of stock at $35 per share is purchased for $900. The common stock has a current market price of $38 per share and the warrant’s market price is $4. If the market price of the stock increases to $41.80, the minimum percentage increase in the value of the warrant is A: 10.0% B: 17.8% C: 19.4% D: 70.0% E: 119.4% 16 Round lots are A: 10 shares B: 100 shares C: 1,000 shares D: 10,000 shares E: 100,000 shares 17 A 6.4% preferred stock has a par value of $30 and is currently selling in the market at $40.

The quarterly dividend for this stock is A: $0.16. B: $0.48. C: $0.64. D: $1.92. E: $2.56.

18 Balloon payments A: Increases the periodic cash flows to the lender B: Decreases the probability of default C: Increases the maturity of the loan D: Occur at the beginning of the loan E: Can consist of principal and accrued interest 19 Factors that should be considered in taking a stock option position include: A: The dividend paid on the underlying stock B: The volatility of the underlying stock C: The time to expiration D: The anticipated direction of market movement E: All of the above are relevant factors in the option decision 20 Last month when IBM was selling for $86, Dan purchased a call option on IBM with an exercise price of $90 for $2 per option or $200 total. Yesterday IBM closed at $95.

Based on the minimum value of the contract, if Dan sells his call at yesterday’s close, what would his return be? A: 4% B: 6% C: 50% D: 150% E: 250% 21 One of the most successful collection programs is the 50 State Quarters program developed by the U.S. Mint. This program began in 1999 and permitted each state to put a design on the back of the U.S. quarter. There are 5 state quarters issued each year over the 10-year program.

According to CoinWorld.com, in 1999 4.43 billion quarters were minted across the first five states issued. In 2000, the U.S. Mint increased the mintage by 46%. What was the number of state quarters minted in 2000? A: 2.04 billion B: 4.43 billion C: 4.63 billion D: 6.47 billion E: 6.65 billion 22 Wendy’s broker has recommended she purchase 500 shares of a mutual fund that is currently priced at $25 a share.

The commission on the purchase price is 3%, and the fund charges a 1% annual management fee and a $10 annual administrative charge. What is the total cost over the first year to invest in this fund? A: $12,500 B: $12,875 C: $13,000 D: $13,010 E: $13, Advantages of purchasing Treasury securities directly from the government over the internet include all of the following EXCEPT: A: Direct deposit of payments B: Check-writing C: Automatic reinvestment option D: Record keeping E: Book-entry system 24 Angie deposits $250 in an account that earns 12% per year. If no other deposits or withdrawals are made, how much will Angie have in her account at the end of 15 years? A: $ 280 B: $ 700 C: $1,368 D: $3,450 E: $4, A: promissory note from his mother.

B: having his mother co-sign a bank loan. C: selling personal assets. D: issuing debt in the market. E: all of the above are possible sources of funds for Zack. 26 A portfolio of Treasury bonds with coupon payment dates of February 15 and August 15 that matures in 10 years may be stripped into how many zero-coupon bonds?

A: 0 since Treasury securities and not eligible for stripping B: 1 C: 10 D: 11 E: Jason is in the 28% Federal income tax bracket and 7% New York state income tax. He has invested in New York State bonds that yields a 6% return. The taxable equivalent yield on this bond is A: 6.45% B: 7.32% C: 8.54% D: 9.23% E: 10.61% 28 XYZ Corporation has a cumulative preferred stock that pays $1 per share per quarter. The firm did not declare a dividend the last two quarters. To be able to pay dividends to common shareholders, the preferred stock dividend this coming quarter must be A: XYZ does not need to pay preferred stock dividends to be able to pay common stock dividends B: $1 C: $2 D: $3 E: $ Preferred stock with cumulative fixed dividends A: Are required to pay dividends each quarter B: Must pay the missed dividend before common shareholders can receive dividends C: Are taxed on the accumulated dividends D: Are considered to be bankrupted if one year of dividends is missed E: All of the above are true 30 Diane has $85,000 to invest.

She wants to invest in relatively safe securities. Diane believes interest rates will decrease and stabilize at a lower level over the next 5-10 years. She should invest in A: Treasury bills B: Long-term Treasury notes or bonds C: Equity D: B-rated corporate bonds E: Commercial paper 1 Ayah Wakkad Classes # 57478 & 61525 English 102 - Unit I Assignment Cultural Artifact Research Project[footnoteRef:1] [1: This assignment is based on Kenton Rambsy's.] For this assignment, you will write a researched essay on the connotative values of a cultural or personal artifact of your choosing. You will inquire into the nature and significance of the artifact (what it can tell us about the person and the culture for whom it is significant) and explore its cultural, social and historical contexts.

Your research should begin with a question you can ask about this artifact. What do critics and scholars have to say about it? How do their views differ? How do their views affect your understanding of this artifact? What is the significance of this artifact?

How does it represent the culture or you? Affect that culture or you? Through your research, you may solidify a claim about your artifact, but you should not begin this project with a preconceived argument. In this paper, artifacts can be defined as commercial/retail products (i.e. iPods, cars, clothing), personally meaningful items (i.e. collectibles, knick-knacks, souvenirs), or popular culture items (i.e. Facebook, TV shows, movies).

Choosing an appropriate topic is very important and can be challenging. If you choose to write on sensitive, controversial topic, you should tackle it objectively, keeping in mind KU policy on diversity and inclusivity. You will complete this assignment by consulting a variety of credible secondary sources and discovering how your chosen artifact is represented and written about within the culture at large. We will look at popular magazines or blogs in which such a researched essay would be found, and you should format and cite sources in your paper in a similar way. Our in-class activities and collaboration will discuss inquiry-based research and help you generate ideas, but you should start thinking about a topic immediately.

The overall purpose is to ask a question. The goal of this assignment is not to find research to support a pre-conceived argument, but to ask a question and explore the nature and significance of the artifact. Your paper should reflect the research: you should present multiple views of your question, and while you should insert your own experience with the artifact, be sure to give credit to previous researchers, including those who may not completely agree with you. Your new ideas about the significance of the artifact should be the result of your inquiry, and that should be apparent in the paper. Be sure to provide evidence about various social, historical, and cultural factors that influence your artifact.

In addition, what conclusions do you have to add to those of previous scholars/professionals in this field? You will be writing your essay to the readers of one of the sources you have used. You will select which group of readers that audience is. For example, you can choose to write for readers of Rolling Stone, Time Magazine, USA Today, or other similar sources. These are not the only sources/audiences you can select from, but are several examples.

Therefore, you will not want to devote large sections to explaining the artifact; the reader is likely already familiar with it. Instead, you will focus primarily on exploring the cultural significance of that object (including if it is no longer seen as influential). Goals of this Project: · To build critical thinking by analyzing the cultural and historical importance and impact of a certain artifact · To practice finding and incorporating a variety of appropriate sources into your writing · To understand and respond to previous scholars/critics · To stress that many simple, everyday use items, when researched, turn to have a deep meaning and great significance throughout history · To encourage students to write a research paper on one hand and lessen their fear of this type of writing on the other hand · To engage students with campus activities that will make them critical outsiders Requirements · 3-4 page essay ( words), double-spaced in MLA format with a "Works Cited" page · Use of 4 outside sources and incorporate quotes.

This unit will focus on popular sources, while further units will develop our understanding of academic texts. Still, these popular sources should be credible resources you can find about your topic (ie; not Wikipedia). · Credit your sources correctly by attributing the information from your sources as they do in the genre you choose (online blogs on the topic or published articles in a popular magazine) and use proper MLA in-text citations · 1-2 pages reflection essay Grading Criteria · Fulfill all the requirements of the assignment listed above · Analyze primary source and explains its original context · Incorporate secondary sources effectively and accurately · Support all factual claims with cited evidence · Organize content in a way that flows well and is easy to follow · Address cultural issues appropriately and thoughtfully · Present an overall exposition that is interesting and insightful · Your authentic voice is clear, not silenced by over quoting · Writing is clear, appropriate, and effective · Spelling, punctuation, syntactical and grammatical errors do not appear in the final draft · Attend the International Jayhawk Festival and write a coherent reflection essay which will be allotted 3 points of the assignment weighting Important dates: · Proposal due: Friday, February 5 (In your proposal, you need to identify your artifact, write a specific issue-based question or group of questions your paper will focus on, find and review two popular sources on this artifact and explain how important they are to your research. Finally, write a general expectation of your finding) · Peer Review: Monday, February 6 · Final draft due: Monday, February 7

,100 D:

Finc 340 Investmentsmidterm Examination 04directions Here Are The Que

FINC 340 INVESTMENTS MIDTERM EXAMINATION_04 DIRECTIONS: Here are the questions for the Midterm Examination. Please submit your Midterm Examination Answer Sheet in MS Word format with the following file name: LastNameFirstInitial_MidtermExamAnswerSheet.docx. For example, if you name is John Smith, the file name of your Answer Sheet should be SmithJ_MidtermExamAnswerSheet.docx. If you have any questions or comments, please do not hesitate to contact me. NAME: _____________________________________ Quiz Number Question 1 Betty has saved $60,000 for a down payment on a home.

She is now actively looking for her dream house and anticipates making an offer on a home within the next two months. If the offer is accepted, it will take up to three additional months to close on the house. Betty will need to deposit about $1,000 in an escrow account as “good faith†money when she makes the offer. The rest of the down payment is made at closing. The best place for Betty to deposit her funds now is A: the stock market.

B: a municipal bond. C: a six-month certificate of deposit (CD). D: $1,000 in a two month certificate of deposit (CD) and the remainder in a six-month CD. E: a money market mutual fund. 2 Three years ago, Charles purchased a $1,000 face value 10-year Treasury note for par.

The market value of this bond is now $950. If Charles sells the bond today, the tax implications of sale are A: $50 loss against ordinary income B: $50 capital gain C: $50 capital loss D: $50 gain against ordinary income E: No tax effects since Treasury securities are exempt from taxes 3 Two years ago, an investor purchased a $1,000 par 6% coupon bond that pays interest semiannually. Inflation over the last two years has been 2% per year. The inflation-adjusted value of the next interest payment is A: $28.84 B: $30.00 C: $31.21 D: $57.67 E: $60. Cameron pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes.

Ten years ago, Cameron purchased a position in a limited partnership for $10,000. Three years later, she was required to contribute $2,000 more to the partnership. Two years ago, she was required to contribute an additional $2,000. If Cameron sells her limited partnership investment today for $20,000, what are the taxes? A: $ 900 B: $1,500 C: $2,100 D: $2,700 E: $3, Bonds A, B and C are all zero-coupon bonds.

Bond A matures in 3 years; Bond B matures in 7 years, and Bond C matures in 10 years. Paul is uncertain as to the direction of interest rates over the next several years, so he wants to lock-in his return over his 7 year time horizon. Which bond is best for Paul? A: Bond A because it matures in 3 years, and Paul can then roll-over the funds to a 4 year bond. B: Bond B because it matches Paul’s time horizon.

C: Bond C because it has a longer maturity, it will probably have a higher yield. D: Since these are zero-coupon bonds, it does not matter which bond Paul chooses. E: Bonds are too risky for Paul to be investing. 6 Assume that the futures price of gold is $390 a troy ounce, and the contract is for 100 troy ounces. The initial margin is $2,000.

If the future price increases by 5.0%, what is the return to the investor? A: 1.0% B: 2.5% C: 5.0% D: 19.5% E: 97.5% 7 Iris pays 15% in dividends and capital gains taxes and 35% in ordinary income taxes. Several years ago, she purchased a Mortgage-Backed Security (MBS) for $20,000 which was the par value of the underlying assets. At the end of this year, she received a statement stating she had received $700 in scheduled amortization of principal, $1,200 in interest, and $500 in unscheduled collection of principal. What is Iris’s after-tax cash flow this year from this investment?

A: $1,560 B: $1,695 C: $1,980 D: $2,040 E: $2, Before the new tax law enacted in 2003, dividends were taxed as ordinary income. Now the maximum tax rate on dividends paid to individuals is 15%. As a result of the law, an investor in the 25% tax bracket who received $70,000 in qualifying dividends had a tax savings of A: $ 0. B: $ 7,000. C: $ 9,000.

D: $10,500. E: $17,500. 9 Abby buys a position in a closed-end mutual fund that is selling at an 8% discount. The fund earns 12%, but the discount decreases to 5%. What is Abby’s return on this investment?

A: 8.5% B: 12.0% C: 12.4% D: 14.2% E: 15.7% 10 Corey pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes. Four years ago, she invested $500,000 in a private placement offering with some friends. The initial price was $50 a share. The investment group is now discussing the possibility of publicly selling their shares. One of the members of the group believes they could get at least $75 a share.

If this is correct, what are Corey’s taxes when she sells her shares (ignoring commissions and fees)? A: $0 because the group is not allowed to sell their private placement shares to the public B: $37,500 C: $54,000 D: $70,000 E: $87, A firm has $10 million to invest in safe securities. The time horizon is five years, and interest rates are anticipated to decrease over this period. The best investment for this firm is A: Six-month CDs B: Nonparticipating GICs C: Treasury bills D: Participating GICs E: Two-year corporate bonds 12 What is the standard deviation of returns given returns of 10%, -5%, 8%, 3%? A: 3.7% B: 4.0% C: 5.8% D: 6.7% E: 7.1% 13 Claire has 200 shares of stock in a firm that just issued 1 right per share.

The right gives the holder the opportunity to purchase 0.125 shares of stock. If Claire exercises all her rights, how many addition shares of stock will she be able to obtain? A: 8 B: 25 C: 125 D: 200 E: 1, Luke is 35 years old, has a good job, a wife and two small children, and is financially conservative. He has heard about the large returns that may be achieved by investing in the oil and gas field. Luke is interested, but he has no expertise to provide day-to-day management.

Which of the following investments would be best for Luke? A: direct investment through a working interest B: general partner C: limited partner D: all of these options would be a reasonable investment for Frank E: either B or C (partnership) would be a reasonable investment for Frank, but a direct investment (A) is not reasonable 15 A $1,000 par 1.4% coupon convertible bond with a stock purchase warrant for 1 share of stock at $35 per share is purchased for $900. The common stock has a current market price of $38 per share and the warrant’s market price is $4. If the market price of the stock increases to $41.80, the minimum percentage increase in the value of the warrant is A: 10.0% B: 17.8% C: 19.4% D: 70.0% E: 119.4% 16 Round lots are A: 10 shares B: 100 shares C: 1,000 shares D: 10,000 shares E: 100,000 shares 17 A 6.4% preferred stock has a par value of $30 and is currently selling in the market at $40.

The quarterly dividend for this stock is A: $0.16. B: $0.48. C: $0.64. D: $1.92. E: $2.56.

18 Balloon payments A: Increases the periodic cash flows to the lender B: Decreases the probability of default C: Increases the maturity of the loan D: Occur at the beginning of the loan E: Can consist of principal and accrued interest 19 Factors that should be considered in taking a stock option position include: A: The dividend paid on the underlying stock B: The volatility of the underlying stock C: The time to expiration D: The anticipated direction of market movement E: All of the above are relevant factors in the option decision 20 Last month when IBM was selling for $86, Dan purchased a call option on IBM with an exercise price of $90 for $2 per option or $200 total. Yesterday IBM closed at $95.

Based on the minimum value of the contract, if Dan sells his call at yesterday’s close, what would his return be? A: 4% B: 6% C: 50% D: 150% E: 250% 21 One of the most successful collection programs is the 50 State Quarters program developed by the U.S. Mint. This program began in 1999 and permitted each state to put a design on the back of the U.S. quarter. There are 5 state quarters issued each year over the 10-year program.

According to CoinWorld.com, in 1999 4.43 billion quarters were minted across the first five states issued. In 2000, the U.S. Mint increased the mintage by 46%. What was the number of state quarters minted in 2000? A: 2.04 billion B: 4.43 billion C: 4.63 billion D: 6.47 billion E: 6.65 billion 22 Wendy’s broker has recommended she purchase 500 shares of a mutual fund that is currently priced at $25 a share.

The commission on the purchase price is 3%, and the fund charges a 1% annual management fee and a $10 annual administrative charge. What is the total cost over the first year to invest in this fund? A: $12,500 B: $12,875 C: $13,000 D: $13,010 E: $13, Advantages of purchasing Treasury securities directly from the government over the internet include all of the following EXCEPT: A: Direct deposit of payments B: Check-writing C: Automatic reinvestment option D: Record keeping E: Book-entry system 24 Angie deposits $250 in an account that earns 12% per year. If no other deposits or withdrawals are made, how much will Angie have in her account at the end of 15 years? A: $ 280 B: $ 700 C: $1,368 D: $3,450 E: $4, A: promissory note from his mother.

B: having his mother co-sign a bank loan. C: selling personal assets. D: issuing debt in the market. E: all of the above are possible sources of funds for Zack. 26 A portfolio of Treasury bonds with coupon payment dates of February 15 and August 15 that matures in 10 years may be stripped into how many zero-coupon bonds?

A: 0 since Treasury securities and not eligible for stripping B: 1 C: 10 D: 11 E: Jason is in the 28% Federal income tax bracket and 7% New York state income tax. He has invested in New York State bonds that yields a 6% return. The taxable equivalent yield on this bond is A: 6.45% B: 7.32% C: 8.54% D: 9.23% E: 10.61% 28 XYZ Corporation has a cumulative preferred stock that pays $1 per share per quarter. The firm did not declare a dividend the last two quarters. To be able to pay dividends to common shareholders, the preferred stock dividend this coming quarter must be A: XYZ does not need to pay preferred stock dividends to be able to pay common stock dividends B: $1 C: $2 D: $3 E: $ Preferred stock with cumulative fixed dividends A: Are required to pay dividends each quarter B: Must pay the missed dividend before common shareholders can receive dividends C: Are taxed on the accumulated dividends D: Are considered to be bankrupted if one year of dividends is missed E: All of the above are true 30 Diane has $85,000 to invest.

She wants to invest in relatively safe securities. Diane believes interest rates will decrease and stabilize at a lower level over the next 5-10 years. She should invest in A: Treasury bills B: Long-term Treasury notes or bonds C: Equity D: B-rated corporate bonds E: Commercial paper 1 Ayah Wakkad Classes # 57478 & 61525 English 102 - Unit I Assignment Cultural Artifact Research Project[footnoteRef:1] [1: This assignment is based on Kenton Rambsy's.] For this assignment, you will write a researched essay on the connotative values of a cultural or personal artifact of your choosing. You will inquire into the nature and significance of the artifact (what it can tell us about the person and the culture for whom it is significant) and explore its cultural, social and historical contexts.

Your research should begin with a question you can ask about this artifact. What do critics and scholars have to say about it? How do their views differ? How do their views affect your understanding of this artifact? What is the significance of this artifact?

How does it represent the culture or you? Affect that culture or you? Through your research, you may solidify a claim about your artifact, but you should not begin this project with a preconceived argument. In this paper, artifacts can be defined as commercial/retail products (i.e. iPods, cars, clothing), personally meaningful items (i.e. collectibles, knick-knacks, souvenirs), or popular culture items (i.e. Facebook, TV shows, movies).

Choosing an appropriate topic is very important and can be challenging. If you choose to write on sensitive, controversial topic, you should tackle it objectively, keeping in mind KU policy on diversity and inclusivity. You will complete this assignment by consulting a variety of credible secondary sources and discovering how your chosen artifact is represented and written about within the culture at large. We will look at popular magazines or blogs in which such a researched essay would be found, and you should format and cite sources in your paper in a similar way. Our in-class activities and collaboration will discuss inquiry-based research and help you generate ideas, but you should start thinking about a topic immediately.

The overall purpose is to ask a question. The goal of this assignment is not to find research to support a pre-conceived argument, but to ask a question and explore the nature and significance of the artifact. Your paper should reflect the research: you should present multiple views of your question, and while you should insert your own experience with the artifact, be sure to give credit to previous researchers, including those who may not completely agree with you. Your new ideas about the significance of the artifact should be the result of your inquiry, and that should be apparent in the paper. Be sure to provide evidence about various social, historical, and cultural factors that influence your artifact.

In addition, what conclusions do you have to add to those of previous scholars/professionals in this field? You will be writing your essay to the readers of one of the sources you have used. You will select which group of readers that audience is. For example, you can choose to write for readers of Rolling Stone, Time Magazine, USA Today, or other similar sources. These are not the only sources/audiences you can select from, but are several examples.

Therefore, you will not want to devote large sections to explaining the artifact; the reader is likely already familiar with it. Instead, you will focus primarily on exploring the cultural significance of that object (including if it is no longer seen as influential). Goals of this Project: · To build critical thinking by analyzing the cultural and historical importance and impact of a certain artifact · To practice finding and incorporating a variety of appropriate sources into your writing · To understand and respond to previous scholars/critics · To stress that many simple, everyday use items, when researched, turn to have a deep meaning and great significance throughout history · To encourage students to write a research paper on one hand and lessen their fear of this type of writing on the other hand · To engage students with campus activities that will make them critical outsiders Requirements · 3-4 page essay ( words), double-spaced in MLA format with a "Works Cited" page · Use of 4 outside sources and incorporate quotes.

This unit will focus on popular sources, while further units will develop our understanding of academic texts. Still, these popular sources should be credible resources you can find about your topic (ie; not Wikipedia). · Credit your sources correctly by attributing the information from your sources as they do in the genre you choose (online blogs on the topic or published articles in a popular magazine) and use proper MLA in-text citations · 1-2 pages reflection essay Grading Criteria · Fulfill all the requirements of the assignment listed above · Analyze primary source and explains its original context · Incorporate secondary sources effectively and accurately · Support all factual claims with cited evidence · Organize content in a way that flows well and is easy to follow · Address cultural issues appropriately and thoughtfully · Present an overall exposition that is interesting and insightful · Your authentic voice is clear, not silenced by over quoting · Writing is clear, appropriate, and effective · Spelling, punctuation, syntactical and grammatical errors do not appear in the final draft · Attend the International Jayhawk Festival and write a coherent reflection essay which will be allotted 3 points of the assignment weighting Important dates: · Proposal due: Friday, February 5 (In your proposal, you need to identify your artifact, write a specific issue-based question or group of questions your paper will focus on, find and review two popular sources on this artifact and explain how important they are to your research. Finally, write a general expectation of your finding) · Peer Review: Monday, February 6 · Final draft due: Monday, February 7

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