Gender Equality in Malaysia - 1513 Words

Since independence in 1957, Malaysia has made remarkable progress in poverty reduction and human development. By 2005 it had achieved all the Millennium Development Goals (MDGs). Throughout much of the post-independence era, Malaysian women and girls have enjoyed equal opportunities with men and boys in access to basic social services. Women have been increasingly mainstreamed into development processes, and by playing a variety of roles at the family, community, and society levels, they have been able to contribute to national development and prosperity. In the earlier years, the issue of gender inequality is one which has been publicly reverberating through society for decades. The different religions and cultures of Malaysia have many†¦show more content†¦In order to track gender-related changes in Malaysia over time, the Ministry of Women, Family and Community Development (MWFCD), in partnership with the United Nations Development Programme (UNDP), has constructed a gender-related development index, referred to as Malaysias Gender Gap Index (MGGI). Designed to measure and monitor the extent of gender inequality in Malaysia, the MGGI comprises four component sub-dimensions covering the areas of health, education, economic activity, and the empowerment of women. It is hoped that the trends and changes in gender disparities measured by the MGGI will lead to the development of strategies that will ensure both men and women receive equal access to resources in health, education, and economic activity as well as enjoy equal opp ortunity for political growth. This publication quantifies the progress that Malaysia has made in achieving gender equality over the span of a generation, and the challenges ahead. It shows that gender inequality declined markedly over the period 1980–2004. This improvement stemmed from the improved health status of women and the increased levels of girls in post-secondary and higher education. Investing in girls education provides them with social and economic opportunities and choices throughout their lifetime. Reductions in gender inequality have also come about as Malaysian women have benefited from modern sector employment opportunities. One challenge, however, is to increase theShow MoreRelatedWhat Is The History Of Folk Medicine?1204 Words   |  5 Pageswhich improves child-under 5 mortality rates. In Malaysia, the health care system has changed from traditional care to meeting the needs of the population. Since the Independence of Malaysia in 1957, there has been significant reorganization of health care services. The first reorganization started with public primary health care services and improved since the Alma Ata Declaration in 1978 (Thomas, Beh, Nordin, 2011). Similar to Vietnam, Malaysia has also made strides in health care through historyRead MoreThe Current Status Of The Millennium Development Goals1386 Words   |  6 Pagesvalue, a negative GDP per ca pita growth rate doesn’t necessarily mean the HDI value will decrease. There are other factors which contribute to a high HDI value, not just the GDP rate. These include life expectancy, education, mortality rates, and gender equality. So, it is possible that there is still a positive HDI value even though the GDP per capita annual growth rates were decreasing. You may be asked to outline the current status of the Millennium Development Goals. You will find short progressRead MoreBatek of Malaysia1370 Words   |  6 PagesIntroduction to Cultural Anthropology (GSF1049E) January 17, 2011 The Batek of Malaysia The Batek of Malaysia is a hunter-gatherer tribe, they are located in the Malaysian rainforest in groups of families. They would be considered Foragers, They live in camps of five or six nuclear families. Nuclear families consist of a Mother, Father, and their children. â€Å"The nuclear family is most common because, in a foraging setting, it is adaptive to various situations.† (Cultural Anthropology ChapterRead MoreThe Differences between Malaysias Leading Newspapers1732 Words   |  7 Pagesa perspective that glorifies the said party. ‘Middle Malaysia is mere rhetoric and sloganeering’ (Prime News, News Straits Times, 17thMarch 2010) is a clear example on how the paper undermine other political parties to highlight their own cause. In this context, the report emphasized the Prime Minister’s (who happens to be the UMNO president) opinion that he disagrees with the concept calling it as a new take on the failed ‘Malaysian Malaysia’ concept. T his shows that the paper acts as a medium toRead MoreWhich Gender Faces Tougher Challenge These Days? Men Or Women?834 Words   |  4 PagesWhich gender faces tougher challenge these days? Men or women? How does your experience contribute to the way you answer this question? 　　 　　Coevally of two extremely different individuals as man and woman has always been a challenge since the existence of civilization. Nevertheless, it is not improbable. Animosity ensues when society’s viewpoint on how the opposite sex’s response for different situations that arise. As a female, and from personal experiences, I cannot say that I had it that hardRead MoreBatek of Malyasia1500 Words   |  6 PagesBatek of Malaysia The Batek of Malaysia The Batik is an indigenous tribes living in the rainforest of the peninsula of Malaysia. They live in camps composed of five to six nuclear families. They are mostly foragers although the occasionally practice horticulture. To survive the tribes relies on hunting, gathering and trading rattan or forest products. Malaysia is on the south Malay Peninsula and stretches from the Thai border down to the island of Singapore. The population of Malaysia is aboutRead MoreThe Batek of Malaysia Essay1551 Words   |  7 PagesOne of the most interesting indigenous groups in the world is the Batek of Malaysia, this is a group of people that live in the oldest rain forest of peninsular Malaysia. Orang ASli means â€Å"Original people† in the native Malay Language, and they truly are the original people of the land. Being a nomadic group of hunters and gatherers, means that they are at the mercy of the land and the elements for survival. Batek beliefs note that, the rainforest was c reated by â€Å"superhuman† beings for the BatekRead MoreBillabong : A Group Global Code Of Conduct1381 Words   |  6 Pagesillegal or corrupt in any way. This program was created to protect all employees and to ensure they have no stress or worry of being dismissed for speaking up. Malaysia Malaysia is located in Southeastern Asia, sharing borders with Thailand and bordering Indonesia, Brunei and the South China Sea. As of July 2015 the population of Malaysia currently sits at 30.5 million people. Malaysia’s Culture Face In most Asian cultures, Malaysian included, it is extremely important that an individual does notRead MoreSexism: Traditional Gender Role3861 Words   |  16 PagesIntroduction Sexism is an ideology that one sex is superior to others, and it’s generally referred to males superior to females. Sexism is defines as discrimination against people based on their sex or gender, be it males toward females or vise versa. Sexism occurs in almost everywhere in the world, its worldwide issues that have been happening all the time, until today, although the issues like sexism have been decreased gradually. The issues is very important because its unfair to theRead MoreCulture of Malaysia3713 Words   |  15 Pages1.0 INTRODUCTION Malaysia is a one of the multi cultural country. Cultures have been meeting and mixing in Malaysia since the very beginning of its history. More than fifteen hundred years ago a Malay kingdom in Bujang Valley welcomed traders from China and India. Malaysias cultural mosaic is marked by many different cultures, but several in particular have had especially lasting influence on the country. Chief among these is the ancient Malay culture, and the cultures of Malaysias two most

Role Of The Military During Medieval Europe - 1229 Words

Cleeve Harper Mr. VanGronigen Western Civilization November 18th, 2014 The Role of the Military in Medieval Europe Research Essay In my research essay, I will write about the role of the military in medieval Europe and will outline what the military were like and how they were established and organized. I will show how the military were connected to the government structure. I will also write about the technological and strategic advances that the military made during the medieval ages and how those had an impact on the role of the military today. In medieval Europe, the role and organization of the military was based upon the system of government that was in place. During medieval times, most societies in Europe were feudal and governed based on the social class of the people. The King, the monarch, was at the top of the social structure and had control over his entire country. The king controlled all the land and all the people. In order to keep control of the people and his entire kingdom, the king had layers of social classes of people under him. The Barons or Lords controlled the lands given to them by the king. Knights provided military service to the king and were also given land in exchange for their service. Patronage was important to keep the king’s followers supportive and in line. During medieval times, the majority of people had no rights and were extremely poor. People were mostly peasants who were made to work under the lords and toShow MoreRelatedThe Crusades During The Middle Ages1152 Words   |  5 PagesMiddle Ages. The Crusades helped Medieval Europe to flourish and grow out of the Dark Ages. The Crusades affected daily life and caused major effects in political, economical and cultural Medieval Europe. The first Crusade was gaining control over the Holy Land, but the later Crusades were fights over regaining land. The Byzantine Empire fell during the fourth Crusade after an attack on their capital, Constantinople, took place. Trade routes opened through Europe because of traveling between crusadingRead MoreMedieval Kings and Popes Essay658 Words   |  3 Pagesbelievers. For military aid and expansion, early popes looked to medieval kings like Clovis of the Franks, but by the time of Charlemagne’s coronation by Pope Leo III, it became questionable whether the pope or the king was the higher authority. After the fall of the Roman Empire, Europe was decentralized with the development of feudalism, and this allowed the only unifying establishment, the Church, to become more powerful. Though the Pope and medieval kings originally held separate roles, with the riseRead MoreHow Truth Was Defined By Medieval Europeans1696 Words   |  7 PagesEric Green Urban British Literature 1st 3 December 2015 How Truth Was Defined By Medieval Europeans In life majority of people believe telling the truth is the correct way of living. Truth has endured the world throughout time and is seemingly unanswerable to those who do not understand it because this subject appears in every culture. Truth goes along with universal questions such as what is beauty, justice, and power. And love but none have a direct answer because they are all dependent onRead MoreMedieval Warfare And The Middle Ages1142 Words   |  5 PagesDuring the Middle Ages, particularly 1200 – 1500 CE, medieval warfare was prominent within society. Medieval warfare is the warfare of the Middle Ages. In Europe, technological, cultural, and social developments had forced a dramatic transformation in the character of warfare from antiquity, changing military tactics and the role of cavalry and artillery. Warfare was an essential part of the Medieval European society, as they would often go on raids and siege castles to diminish their enemies’ forcesRead MoreDi fferent Cultures Within The Same Time Period During The Middle Ages889 Words   |  4 Pagesdifferent cultures within the same time period during the middle Ages there needs to be a clear contrast between the two. In the Western Middle Ages where the emergence of lords and vassals came about there was sworn loyalty by vassals to their lords of whom took care of them. In return the vassals would serve, protect and honor their lords. Therefore the mutual obligations of lords and vassals was to honor one another. Vassals doing so with their military services to protect the lord and his familyRead MoreThe Roman Catholic Church in Medieval Times Essay1295 Words   |  6 Pages In the Medieval times, the Roman Catholic Church played a great role in the development of England and had much more power than the Church of today does. In Medieval England, the Roman Catholic Church dominated everyday life and controlled everyone whether it is knights, peasants or kings. The Church was one of the most influential institutions in all of Medieval England and played a large role in education and religion. The Churchs power was so great that they could order and control knightsRead MoreTo What Extent Did Feudalism Affect the Societies in the Middle Ages?1518 Words   |  7 Pagesfeudalism affect the societies in the Middle Ages? Plan of Investigation The investigation assesses the significance of the feudal system in the middle ages. In order to evaluate the feudal system’s significance, the investigation evaluates each role of the social classes in a Middle Ages society. This includes the kings, nobles and lords, knights, and peasants and serfs. Articles and secondary sources are mostly used to evaluate the feudal system’s significance. Two of the sources used in thisRead MoreThe Rise and Fall of Feudalism770 Words   |  4 Pagesdecentralized political system, flourished in Medieval Europe. In this essay, the main political and economic characteristics of Feudalism will be mentioned, while discussing the main historical factors to the rise and fall of feudalism. The rise of Feudalism was a direct result of insecurity that caused by several significant historical factors. 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More so, the role of monastic culture in Europe society defines theRead MoreAsian Governmental Style Of The Western Zhou Government Essay1154 Words   |  5 Pagesthe Zhou king never possessed a â€Å"vassalage† relationship in feudal governing, since he was considered separate from his â€Å"subjects† as a divine ruler. This approach is considered from the perspective of the king, regional rulers, regional states, military ranking, and the Fengjian mechanisms of a centralized government. This article analysis will present the major differences between the â€Å"feudal† depiction of Western Zhou and the more appropriate Fenjian method of Feng’s (2003) analysis of this style

Multiple Choice Questions Free Essays

CH 1 Answers Multiple Choice Questions 1. E 8. E 15. We will write a custom essay sample on Multiple Choice Questions or any similar topic only for you Order Now E 2. E 9. E 16. A 3. E 10. C 17. D 4. E 11. E 18. E 5. D 12. A 6. B 13. D 7. E 14. E CH 2 Answers Multiple Choice Questions 1. C 11. B 21. E 2. C 12. E 22. A 3. B 13. E 23. C 4. B 14. E 24. D 5. D 15. B 25. C 6. E 16. D 26. A 7. A 17. D 27. D 8. D 18. E 28. B 9. A 19. C 10. D 20. E CH 3 Answers Multiple Choice Questions 1 B 9. B 17. D 2. C 10. A 18. E 3. B 11. A 19. C 4. D 12. B 20. D 5. E 13. D 21. C 6. A 14. A 7. C 15. D 8. E 16. A CH 4 Answers Multiple Choice Questions 1 B 9. B 17. D 2. C 10. A 18. E 3. B 11. A 19. C 4. D 12. B 20. D 5. E 13. D 21. C 6. A 14. A 7. C 15. D 8. E 16. A 9. D 18. B CH 5 Answers Multiple Choice Questions 1. E 11. B 21. C 2. B 12 B 22. A 3. C 13. B 23 B 4. C 14. E 24 A 5. B 15. E 25. C 6. B 16. C 26. E 7. D 17. D 27. B 8. A 18. A 28. A 9. B 19. D 29. D 10. B 20. A Solutions 16. Solution: use Equation (5-4) [(. 32 – . 30)/. 30] x (360/180) = 13. 3% 17. Solution: use Equation (5-4) [(. 30 – . 32)/. 32] x (360/180) = -12. 5% 18. Solution: cross rate . 28/. 86 = . 3256 19. Solution: cross rate DM. 31/FF: FF1/DM. 31 = FF3. 23/DM FF3. 23/$. 35 = FF9. 228/$ 20. Solution: use Equation (5-1) [(. 0045 – . 0035)/. 0035 = 29% 21. Solution: use Equation (5-8) [(. 864 – S)/S) x (360/90)] = . 10 – . 04 S = . 3807 22. Solution: use Equation (5-6). Remember that Cr$3342. 63 = $0. 0002991. new exchange rate = $0. 0002991[(1 + . 05)/(1 + . 90)] = $. 0001652/Cr$; or Cr$1/$. 0001653 = Cr$6053. 27/$ 23. Solution: Use Equation (5-7): nominal rate = real rate + inflation rate. nominal rate = 5% + 4% = 9% S olution: invest in the U. S. : $10,000 x 1. 01 = $10,100 invest in the U. K. and cover in the forward market. buy pounds at the present spot rate: $10,000/1. 8 = ? 5,555 invest in the U. K: ? 5,555 x 1. 015 = ? 5,638 sell pounds forward: ? 5,638 x 1. 8 = $10,036 The investor would earn $64 more by investing in the United States instead of the United Kingdom. 25. Solution: use Equation (5-8) and solve for the forward rate: [(F – 1. 800)/1. 800 x (360/90)] = 0. 04 – 0. 06 F = ? 1. 809 26. Solution: use Equation (5-8) and solve for the U. K. interest rate. [(1. 780 – 1. 800)/1. 800 x (360/90)] = 0. 04 – if if = 0. 084 27. Solution: Use Equation (5-1). % Change = (0. 68 – 0. 64)/0. 64 = 0. 0625 or 6. 25% 28. Solution: Converting the above example into indirect quotations, the Swiss franc changes from 1. 5625 francs to 1. 4706 francs. Use Equation (5-2) to solve this problem. % Change = (1. 5625 – 1. 4706)/1. 4706 = 6. 25% 29. Solution: Use Equation (5-3). Spread = (0. 68 – 0. 64)/0. 64 = 0. 0625 or 6. 25% CH 6 Answers Multiple Choice Questions 1. E 10. E 19. B 2. E 11. B 20. E 3. E 12. E 21. E 4. B 13. A 22. C 5. C 14. A 23. D 6. E 15. D 24. A 7. C 16. C 25. B 8. B 17. D 9. B 18. A Solutions 16. $value = $0. 50 x DM10,000,000 = $5,000,000 17. Investment =? 62,500 x $1. 65 x 0. 02 = $2,062. 50 Profit = ? 62,500 ($1. 67 – $1. 65) = 1,250 Rate of return = (1,250/2,062. 50) x (12/6) = 121% 18. Potential profit = $1. 65 – $1. 62 = $0. 3 19. Potential loss = $1. 62 – $1. 65 = -$0. 03 20. Buy call options on March 19 -$0. 04 Exercises the option on September 19 -$0. 80 Sell the pounds on September 19 +$0. 92 Net profit as of September 19 +$0. 08 Net profit for three contracts = Can$150,000 x $0. 08= $12,000 21. Total loss = Can$150,000 x $0. 04 = $6,000 22. Intrinsic value = $0. 16 â⠂¬â€œ $0. 15 = $0. 01 23. Breakeven point = $1. 75 + $0. 07 = $1. 82 24. Total receipts = FF10,000,000 x $0. 20 = $2,000,000 total premium = FF10,000,000 x $0. 05 =$ 500,000 net receipts = $1,500,000 25. Breakeven point = $0. 70 – $0. 05 = $0. 65 CH 7 Answers Multiple Choice Questions 1. E 10. C 19. C 2. E 11. B 20. B 3. E 12. B 21. D 4. C 13. A 22. E 5. E 14. B 23. A 6. A 15. B 24. C 7. E 16. C 25. D 8. A 17. E 26. A 9. C 18. A 27. D Solutions 20. $7,500,000 x (0. 082 – 0. 08) = $15,000. 21. $15,000 x the annuity discount factor of $1 for 5 years at 8 percent = $15,000 x 3. 993 = $59,895. 22. You will receive a total of $30,000 for the first two years [$7,500,000 x (0. 082 – 0. 080) x 2]. The new floating rate that you will receive: 8. 2% -1. 5% = 6. 7%. You will pay a total of $292,500 for the last three years [$7,500,000 x (0. 67 – 0. 08) x 3 years]. Thus, your net payment over the five years will be -$262,500 ($30,000 – $292,500). 23. $500,000 x SFr1. 4 = SFr700,000. 24. $500,000 x 0. 09 = $45,000. 25. $500,000 x (0. 09 – 0. 08) = $5,000. 26. SFr700,000 (1. 08) = SFr756,000. 27. $500,000 (1. 09) = $545,000. CH 8 Answers Multiple Choice Questions 1. E 9. E 17. D 2. C 10. A 18. D 3. E 11. D 19. A 4. D 12. E 20. C 5. E 13. C 21. E 6. D 14. E 22. C 7. E 15. D 23. C 8. B 16. C 24. E Solutions 18. Use Equation (8-1): % Change = ( 0. 70 – 0. 65 ) / 0. 65 = 7. 69% 19. Use Equation (8-2): % Change = ( 0. 65 – 0. 0 ) / 0. 70 = -7. 14% 20. Use Equation (8-1): % Change = ( 0. 44 – 0. 40 ) / 0. 40 = 10% 21. Use Equation (8-3): Predicted Rate = $0. 4 x [ ( 1 + 0. 05 ) / ( 1 + 0. 03 ) ] = $0. 4078 22. ( 0. 4400 – 0. 4078 ) / 0. 4078 = 7. 9% 23. Use Equation (8-5): Predicted Rate = $0. 50 x [ ( 1 + 0. 12 ) 5 / ( 1 + 0. 08 ) 5 ] = $0. 5997 CH 9 Answers Multiple Choice Questions 1. B 10. D 19. C 2. E 11. D 20. D 3. D 12. A 21. A 4. C 13. A 22. A 5. E 14. E 23. C 6. E 15. E 24. D 7. C 16. A 8. E 17. C 9. D 18. B Solutions 12. Call option = ? 50,000 x $1. 7 = $85,000 Spot transaction = ? 50,000 x $1. = $90,000 Thus, the U. S. company should exercise the option. 16. Net Exposure = Ps300 million – Ps200 million = Ps100 million Gain or loss = $0. 0001 x (-Ps 100 million)= – $10,000 17. (Expected amount) $15 million – (actual amount) $14 million = exchange loss of $1 million 18. (Profit after taxes) ? 50 million + (depreciation) ? 10 million = (cash flows from operation) ? 60 million Exchange gain or loss = ? 60 million x $0. 02 = $1. 2 million 19. Gain or loss = $15 million x 3 = $45 million 20. [ ( 1. 8090 – 1. 800 ) / 1. 8000 ] x 360 / 90 = 0. 08 – 0. 1 0. 02 = 0. 02 21. irect loan credit swap 50,000y + (250,000y – 500,000) = 50,000y + 50,000 y = 2. 2 22. $value = $2. 02 x ? 10,000 = $20,200 23. 1) borrow ? 9,709 (10,000/1. 03) 2) buy $19,515 (? 9709 x $2. 01) 3) invest $19,515 in the U. S. at 2% 4) receive $19,905 ($19,515 x 1. 02) 24. Call option = ? 50,000 x $1. 7 = $85,000 CH 10 Answers Multiple Choice Questions 1. E 10. D 19. e 2. E 11. E 20. E 3. C 12. E 21. D 4. B 13. D 22. A 5. E 14. D 23. E 6. E 15. E 7. D 16. E 8. E 17. B 9. E 18. C CH 11 Answers Multiple Choice Questions 1. B 9. A 17. B 2. B 10. B 18. E 3. E 11. D 19. B 4. E 12. D 20. C 5. B 13. A 21. D 6. D 14. E 22. E 7. B 15. A 8. D 16. C CH 12 Answers Multiple Choice Questions 1. E 10. B 19. C 2. A 11. A 20. D 3. E 12. C 21. D 4. E 13. C 22. B 5. B 14. B 23. D 6. D 15. E 24. C 7. D 16. E 25. C 8. E 17. E 9. E 18. A CH 13 Answers Multiple Choice Questions 1. C 8. C 15. E 2. A 9. D 16. A 3. D 10. E 17. D 4. E 11. C 18. B 5. D 12. B 19. E 6. D 13. B 20. B 7. D 14. D 21. D CH 14 Answers Multiple Choice Questions 1. E 11. E 21. D 2. D 12. E 22. E 3. E 13. B 23. C 4. E 14. A 24. B 5. A 15. B 25. A 6. A 16. C 26. D 7. B 17. B 27. D 8. B 18. E 28. C 9. E 19. C 10. D 20. A Solutions 25. Solution: U. S. nvestment earns 1 percent. Percentage change in mark = ($0. 40 – $0. 50)/$0. 50 = -20%. German investment loses 18. 8 percent: [(1 + 0. 015)(1 + (- 0. 20)] – 1 = -18. 8%. 26. Solution: Convert DM100,000 to $50,000 at $0. 50 rate. Invest $50,000 in the U. S. at 11 percent. ($50,000 x 1. 11 = $55,500) Reconvert dollars to marks. ($55,500/$0. 46 = DM120,652) Yield = (DM120,652 – DM100,000)/DM100,000 = 20. 65%. 27. Solution: Use Equation (14-1). 0. 10 = (1 + 0. 13)(1 + ie) – 1; solve the equation for ie (percentage depreciation). ie = (1 + 0. 10/(1 + 0. 13) – 1 = -2. 65%. 28. Solution: Use Equation (14-1). 0. 09 = (1 + 0. 60)(1 + ie) – 1; solve the equation for ie (percentage depreciation). ie = (1 + 0. 09)/(1 + 0. 60) – 1 = -31. 88%. CH 15 Answers Multiple Choice Questions 1. B 9. A 17. D 2. E 10. E 18. A 3. D 11. B 19. E 4. E 12. D 20. A 5. A 13. B 21. A 6. E 14. B 22. B 7. A 15. E 23. E 8. B 16. C 24. A Solution 20. Use Equation (15-2): R = . 07 + (. 15 – . 07) 1. 4 = 18. 2% 21. Use Equation (15-2): R = . 05 + (. 11 – . 05) 1. 2 = 12. 2% 20% 22. Use Equation (15-4): Rp = (. 4) (. 12) + (. 6) (. 20) = 16. 8%. 23. Use Equation (15-4): 0. 17 = (0. 60) (Rus) + (0. 40) (0. 20). Rus = 15%. 4. Average price = (40 + 50 + 60) / 3 = $50. Use Equation (15-1) for the standard deviation: Standard deviation = {[ ( 40 – 50 ) 2 + ( 50 – 50 ) 2 + ( 60 – 50 ) 2 ] / ( 3 – 1 ) } ? =$10. 1. The coefficient of variation = 10 / 50 = 0. 20. CH 16 Answers Multiple Choice Questions 1. E 11. A 21. C 2. B 12. C 22. E 3. B 13. D 23. C 4. E 14. E 24. B 5. A 15. B 25. B 6. C 16. D 26. B 7. C 17. B 27. A 8. B 18. E 28. E 9. D 19. C 10. C 20. A CH 17 Answers Multiple Choice Questions 1. A 11. D 2. D 12. E 3. B 13. E 4. B 14. E 5. D 15. A 6. E 16. B 7. C 17. A 8. C 18. C 9. B 19. A 10. A Solutions 15. ayback period = 1 + (15,000 – 8,000)/9,000 = 1. 8 years. 16. NPV = $8,000/(1. 12) + $9,000/(1. 12)2 + $10,000/(1. 12)3 + $10,000/(1. 12)4 -$ 15,000 = $13,433. 17. NPV = $8,000/(1. 20) + $9,000/(1. 20)2 + $10,000/(1. 20)3 + $10,000/(1. 20)4 -$ 15,000 = $9,002. 18. Year 1: DM12,000,000 x $0. 60 = $ 7,200,000 Year 2: DM30,000,000 x $0. 60 = $18,000,000 Net present value = $7,200,000/(1. 18) + $18,000,000/(1. 18)2 – $8,000,000 = $11,029,015. 19. NPV = $900 (0. 75)/(1. 06) + $1,000(0. 55) /(1. 06)2 + $1,400(0. 35)/(1. 06)3 -$ 1,400 = $138. CH 18 Answers Multiple Choice Questions 1. D 10. C 19. E 2. C 11. C 20. B 3. D 12. E 21. E 4. E 13. B 22. C 5. B 14. B 23. B 6. C 15. E 24. E 7. B 16. A 25. D 8. D 17. A 26. E 9. B 18. E 27. A 28. D Solutions 21. Use Equation (18-2): Cost of common stock = 4 / 54 + . 09 = 16. 4% 22. Use Equation (18-5): Cost of bond = . 124 (1 – . 40) = 7. 4% 23. Use Equation (18-1): Cost of capital = (120,000/200,000). 164 + (80,000/200,000). 074 = 12. 8% 24. Use Equation (18-3): Cost of common stock = 0. 06 + (0. 08 – 0. 06) 1. 2 = 8. 4%. 25. Use Equation (18-6): The before-tax cost of debt = 0. 30 x 0. 85 – 0. 15 = 0. 105. After-tax cost of debt = 0. 105 (1 – 0. 35) = 6. 3% 26. Use Equation (18-4): The cost of common stock = 1 / 25 = 4%. 27. If you rearrange Equation (18-2) for the market price of equity, you will have: market price = dividend / (cost of equity – annual dividend growth rate) = $1. 2 / (0. 20 – 0. 04) = $7. 50. 28. Solve Equation (18-2) for the market price of equity: Because the dividend per share is $2. 40 ($4. 00 x 0. 60), market price of the stock = $2. 4 / (0. 12 – 0. 05) = $34. 29. CH 19 Answers Multiple Choice Questions 1. E 11. E 2. D 12. A 3. D 13. E 4. A 14. A 5. D 15. D 6. A 16. E 7. E 17. D 8. E 18. C 9. C 19. C 10. D 20. A How to cite Multiple Choice Questions, Papers Multiple Choice Questions Free Essays