1. The farmer and rancher both could benefit by the farmer's specialising in
rancher's specialising in
.
a. meat, potatoes
b. potatoes, meat
c. neither good, meat
d. They cannot benefit by specialisation and trade.
and the
The correct answer is: meat, pot
1. The opportunity cost of going to university is
a. the sum of all the money a student spends on food, clothing, books, transportation, tuition,
lodging and other expenses
b. the value of the best opportunity a student gives up to attend university
c. ze
1. Holding all other forces constant, when the price of petrol rises, the number of litres of petrol
demanded will fall substantially over a ten year period because
a. buyers tend to be much less sensitive to a change in price over a long period of time
b
1. The imposition of a tariff in a market will usually result in
a. an increase in consumer surplus, an increase in producer surplus, and an increase in total surplus.
b. an increase in consumer surplus, an increase in producer surplus, and a decrease in
1. The rate at which a consumer is willing to exchange one good for another and maintain a
constant level of satisfaction is called
a. the marginal rate of substitution
b. the relative price ratio
c. the relative expenditure ratio
d. the value of marginal
1. A profit maximising firm will hire labour up to the point where
a. marginal product is just starting to decline.
b. marginal product of labour is just starting to rise.
c. the value of marginal product is just equal to the wage rate.
d. marginal value
1. Suppose that a steel factory emits a certain amount of air pollution and that this pollution
constitutes a negative externality. If this market is not required to internalise this externality
a. the quantity of steel produced will be the social optimum
1. If an insurance company increases their premiums, they are likely to experience a greater chance
of
a. reduced adverse selection
b. increased adverse selection
c. unchanged adverse selection
d. none of the above
The correct answer is: increased adverse
1. When the free rider problem exists then
a. the market will devote too few resources to the production of a good.
b. the cost of the good will always be more than the benefit of the good.
c. the good will not be produced.
d. entrepreneurs will eventuall
ISYE 4760/MATP 4620: Mathematical Statistics, Spring 2017
Hw05 Interval Estimation
Due 04/17/17
1. Suppose X1,Xn is a random sample from N (; 2 ). Do the following without the
help of the lecture notes.
a. Assume is unknown and 2 is known, find a 100(1 )%
ISYE 4760/MATP 4620: Mathematical Statistics, Spring 2017
Hw04 Sufficiency and Completeness
Due 04/06/17, Thursday at Noon
1. Consider a random sample of size n from a two-parameter exponential distribution, Xi
~ EXP(1, ).
a. Show that S = X1:n is suffici
Financial Computation
Fall 2016
HW # 10 Finite Differences
Please submit all .m files to LMS.
Homework 10 (due 12/1 or 12/2)
Option 1: European call with S0 = 50, K = 52, r = 0.1, T = 5/12, and sigma = 0.4.
Option 2: European put with S0 = 50, K = 52, r =
Financial Computation
Fall 2016
HW # 11 Finite Differences
Please submit all .m files to LMS.
Homework 11 (due 12/8 or 12/9)
1. Solve the theta method analytically to produce a function that takes theta as an input
and calculates the price of a European p
Name: _ Date: _
RIN: _
Email: _
Financial Computation
Fall 2014
Final Exam
Professor Brian Clark
Instructions: The final involves coding in MATLAB. Therefore you must have MATLAB installed and use your laptop.
However, you are NOT allowed to refer to or o
Financial Computation
Fall 2016
HW #7 Binomial Lattices (cont.)
Please submit all .m files via LMS.
.
Homework 7 (due next week 11/3 or 11/4)
Parameters for the Cox-Ross-Rubinstein lattice:
o
o
o
u=e t
d=
1
u
p=
e rt d
ud
Parameters for the Jarrow-Rudd la
Financial Econometrics
A Few Sample Exam-Type Questions
Please read these instructions carefully before starting the exam:
No calculator is needed as all required calculations are simple. No cell phones, ipads
or other electronic devices are allowed durin
RENSSELAER POLYTECHNIC INSTITUTE
LALLY SCHOOL OF MANAGEMENT AND TECHNOLOGY
MGMT 6520: Financial Modeling
Fall 2016
Homework Assignment #1
Due: October 07, 2016 (before midnight by electronic submission at LMS)
NOTES:
1. Note that this is an individual eff
Finance 6020
Mid-Term Exam
Lally School of Management
Prof. Johan Maharjan
October 31, 2016
Closed book, closed notes
Open pocket calculator
123 points possible
3 hours
Do not assume: ask for clarification
Formul:
PV(perpetuity) = C/r
PV(growing perpetuit
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How to live with terrorism
Statistics and superstitions in China
Britains post-Brexit economy
SEPTEMBER 3RD 9TH 2016
The race to reinvent transport
Borobudur Temple, Central Java Indonesia
Encounter the
enlightenments of his
ISYE 4760/MATP 4620: Mathematical Statistics, Spring 2017
Hw06 Hypothesis Tests
Due 05/01/17
1. Consider a random sample of size 20 from a normal distribution, Xi ~ N (; 2 ), and
suppose that x = 11 and s2 = 16.
a. Assuming it is known that 2 = 4, test H0
1. A perfectly competitive market is characterised by
a. many buyers and many sellers
b. many buyers and few sellers
c. few buyers and few sellers
d. many sellers and few buyers
The correct answer is: many buyers and many sellers
2. Firms can have
(i) acc