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Allisonferna@gmail.com F.
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Spanish
TutorMe
Question:

Translate the following: If you could be a famous person for one day, who would you choose to be? If you had a million dollars, what would you do? If you could travel anywhere in the world, where would you go? If you were the president, what would you change?

Allisonferna@gmail.com F.
Answer:

¿Si pudieras ser una persona famosa por un día, a quien elegirías? ¿Si tuvieras un millón de dólares, que harías? ¿Si pudieras viajar a cualquier lugar en el mundo, donde irías? ¿Si fueras presidente, que cambiarías?

Economics
TutorMe
Question:

Find the IS Curve, the LM curve, and the equilibrium level of the following economy: Y = C + I + G C = 50 + 0.75 (Y - T) I = 150 - 10r (M/P)^d = Y - 50r G = 250 T = 200 M = 3,000 P = 4

Allisonferna@gmail.com F.
Answer:

IS curve Y = C + I + G Y = 0 + 0.75(Y – T) + (150 – 10r) + 250 Y = 50 + 0.75(Y –200) + (150 –10r) + 250 Y = 300 + 0.75Y – 10r 0.25Y = 300 – 10r Y = 1,200 – 40r LM curve (M/P)^d = M/P Y – 50r = 3,000/4 Y = 750 + 50r IS = LM 1,200 – 40r = 750 + 50r 450 = 90r `5 = r

Finance
TutorMe
Question:

Explain how a convertible bond is used.

Allisonferna@gmail.com F.
Answer:

It is a bond with an option to convert into a share. If it is a way in the money, you are looking at its value as a share (this is called “parity”). If it is way out of the money, you are looking at its value as a bond. It is important to view the credit of the issuer to assess credit spread, and of course risk free rates to determine bond value.

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