3) The Telecommunications Regulatory Authority (TRA) is the UAE’s independent industry regulator. Since its launch in 1976, Etisalat has held a monopoly in the market. That changed in 2006 with the emergence of du, which was awarded a 20-year concession to operate fixed-line, wireless, internet and international telecoms services. Assume after the 20 years period, du license was terminated. You are required to –
a.Apply your understanding and concepts from microeconomics, to investigate and summarize the major characteristics of the above market form in the telecom industry.?
b. Describe and analyze the economic and pricing policies that you would expect to find in this industry.?
c.Explain the profit maximization strategy of this market form with the help of a suitable graph.?
d. Also, write your policy recommendations for the healthy growth of the industry keeping customer interests and innovation in mind.?
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 Suppose That F 0 8 C Is Continuous Piecewise Continuously Differentiable And Of 1386155
/in Uncategorized /by developer3. Suppose that f : [0, ∞) → C is continuous, piecewise continuously differentiable, and of exponential order α ∈ R. Show that the Laplace transform of ft exists on Hα and is
given by
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 Suppose The Portfolio Of A Large Institutional Investor Animal Has A Beta Of 1 25 3290585
/in Uncategorized /by developer3. Suppose the portfolio of a large institutional investor ‘Animal has a beta of 1.25, and the standard deviation of the rate of return on its portfolio is 15 percent and its expected rate of return is 15 percent. The portfolio of another institutional investor Beast’ has a beta of 0.75. The market portfolio may be expressed as a portfolio comprising the portfolios of Animal and Beast. Suppose there is a firm called Cunning corporation’, whose stock’s beta is 2 and it can borrow at the risk free rate, which is 2.5 percent. Cunning’s equity value is £1.5 million and its debt is £1 million. The present value of Cunning’s tax shield is £0.3 million. Assuming that both CAPM and the Modigliani-Miller theorem with corporate taxes hold, answer the following questions. a) What is the expected return on the market portfolio? [5 marks] b) What is the standard deviation of the rate of return on Beast’s portfolio? [5 marks] c) What is the weight attached to Beast if we express the market portfolio as a portfolio [5 marks] [5 marks] Total 20 marks] comprising the portfolios of Animal and Beast? d) What is the after-tax WACC of Cunning? 2. A firm ‘Kappa Industries’ is a very young business, which is growing rapidly and to which intangible assets are very important. In contrast, another firm ‘Gorgeous Food’, whose business is profitable and stable, but has limited growth opportunities and most of its assets are tangible. With this setup, answer the following questions. a) Assuming that the predictions of the pecking order theory hold, which firm should have [20 marks] b) Assuming that the predictions of the trade-off theory hold, which firm should have a [20 marks] a higher payout ratio? Explain concisely why. higher debt-equity ratio? Explain concisely why.
Attachments:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 Suppose There Are Two Firms That Sell Slightly Different Formulations Of A Perfect 3305453
/in Uncategorized /by developer3.Suppose there are two firms that sell slightly different formulations of a perfectly safe sugar substitute. You are the manager of one such firm that produces a product called Ultrasweet. Your competitor produces a product called Sweet and Healthy. Discuss the direct effects of a reduction in the price of Sweet and Healthy, your competitor’s product, on a typical consumer’s consumption of Ultrasweet. Assume the consumer considers them both normal goods and that they are reasonably close substitutes since they are usually blended into other products like coffee or ice cream. Include in your discussion an assessment of the substitution effect and the income effect on Ultrasweet consumer quantity demanded. Suppose both firms have a ½ price sale. Discuss the direct effects of the price cuts on a typical consumer’s consumption of Ultrasweet. Answer this question in you discussion: Which effect is unchanged in this situation, the substitution effect or the income effect?
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 Suppose We Would Like To Estimate The Effect Of City Credit Ratinglon The Municipa 3440761
/in Uncategorized /by developer3. Suppose we would like to estimate the effect of city credit ratinglon the municipal bond interest rate mbr. Other factors affecting mbr are tax rate tr, unemployment rate ue, and the ratio of citizens in working age to total population of the city watp. Credit rate classes are indicated as B, BB, BBB, A, AA, AAA, with B the lowest and AAA the highest. a) Define appropriate dummy variables for the credit rating classes and form a (linear) regression model to test whether credit rating affects mbr. b) Present in terms of the model parameter the null hypothesis for testing the hypothesis. c) Given that there are n observations (cities), what test statistic would you use and what are/is the degrees of freedom?
Attachments:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 Suppose You Are Asked To Build A Database Applica Tion For A Bicycle Rental Shop A 1366028
/in Uncategorized /by developer3. Suppose you are asked to build a database applica- tion for a bicycle rental shop. Assume your database is to track customers, bicycles, and rentals. Explain the steps that need to be taken to develop this application. Specify entities and their relationships. Build an entity-relationship diagram. Ensure your diagram shows both minimum and maximum cardinalities. Transform your E-R diagram into a relational design.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 The Chung Chemical Corporation Is Considering The Purchase Of A Chemical Analysis 2846217
/in Uncategorized /by developer3.The Chung Chemical Corporation is considering the purchase of a chemical analysis machine. Although the machine being considered will result in an increase in earnings before interest and taxes of
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 Tax Problem Simpson Is A Single Individual Who Is Employed Full Time By Duff Corpo 2847428
/in Uncategorized /by developer3. Tax Problem:
Simpson is a single individual who is employed full-time by Duff Corporation. The year Simpson reports AGI of $50,000 and has incurred the following medical expenses:
Dentist charges
$ 900
Physician’s charges
1,800
Optical charges
500
Cost of eyeglasses
300
Hospital charges
2,100
Prescription drugs
250
Over-the-counter drugs
450
Medical insurance premiums
775
Calculate the amount of medical expenses that will be included with Simpson’s itemized deductions after any applicable limitations. Use the 2013 tax year information for reference.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 The Following Questions Are About A 40hp 3ph Motor A Maybe A Trick Question If Our 3297902
/in Uncategorized /by developer3. The following questions are about a 40Hp 3ph motor: a) (maybe a trick question) If our motor is rated at 208v 3ph, what is the full load amperage of this motor?
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 The Reinforced Concrete Shown Uses Normal Weight Concrete With 28 Clay Compressive 3672635
/in Uncategorized /by developer3. The reinforced concrete.= shown uses normal weight concrete with 28-clay compressive strength of g 6,000 psi zmci Gr. 100 steel reinforcement The beam is subjected to positive momem. n. Determine the cracking moment of the hewn. Determine the maximum stress in Me concrete and the stress “n the minforcoment at service moment of 160 ft • kip.
18″
Attachments:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
3 The Telecommunications Regulatory Authority Tra Is The Uae S Independent Industry 2530696
/in Uncategorized /by developer3) The Telecommunications Regulatory Authority (TRA) is the UAE’s independent industry regulator. Since its launch in 1976, Etisalat has held a monopoly in the market. That changed in 2006 with the emergence of du, which was awarded a 20-year concession to operate fixed-line, wireless, internet and international telecoms services. Assume after the 20 years period, du license was terminated. You are required to –
a.Apply your understanding and concepts from microeconomics, to investigate and summarize the major characteristics of the above market form in the telecom industry.?
b. Describe and analyze the economic and pricing policies that you would expect to find in this industry.?
c.Explain the profit maximization strategy of this market form with the help of a suitable graph.?
d. Also, write your policy recommendations for the healthy growth of the industry keeping customer interests and innovation in mind.?
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"