## Help Me!

Help Me!

1. Activity: Capital Budgeting Practice
Complete the following and submit it in a Word document. Be sure to show your process and calculations:

1. Assume you have just retired as the CEO of a successful company. A major publisher has offered you a book deal. The publisher will pay you \$1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to \$500,000 per year. You estimate your opportunity cost to be 10%.
• Should you accept this deal? Plot a diagram that measures NPV (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal. (Hint: IRR is the point at which NPV = 0)
2. Suppose you inform the publisher that it needs to sweeten the deal before you will accept it. The publisher offers \$550,000 advance and \$1,000,000 in four years when the book is published.
• Should you accept or reject the new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem.  (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRRs for this deal (Hint: There are two IRRs for this problem).
• Discuss if the IRR rule for making budgetary decisions can be used in this case.
3. Finally, you are able to get the publisher to increase your advance to \$750,000, in addition to the \$1 million when the book is published in four years.
• Should you accept or reject this new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal.
4. State three conclusions regarding the use of IRR vs. NPV that you can make from questions 2–4. Which is the stronger method to use (IRR or NPV), and why?

## Help Me!

Help Me!

1. Activity: Capital Budgeting Practice
Complete the following and submit it in a Word document. Be sure to show your process and calculations:

1. Assume you have just retired as the CEO of a successful company. A major publisher has offered you a book deal. The publisher will pay you \$1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to \$500,000 per year. You estimate your opportunity cost to be 10%.
• Should you accept this deal? Plot a diagram that measures NPV (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal. (Hint: IRR is the point at which NPV = 0)
2. Suppose you inform the publisher that it needs to sweeten the deal before you will accept it. The publisher offers \$550,000 advance and \$1,000,000 in four years when the book is published.
• Should you accept or reject the new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem.  (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRRs for this deal (Hint: There are two IRRs for this problem).
• Discuss if the IRR rule for making budgetary decisions can be used in this case.
3. Finally, you are able to get the publisher to increase your advance to \$750,000, in addition to the \$1 million when the book is published in four years.
• Should you accept or reject this new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal.
4. State three conclusions regarding the use of IRR vs. NPV that you can make from questions 2–4. Which is the stronger method to use (IRR or NPV), and why?

## Help Me!

Help Me!

1. Activity: Capital Budgeting Practice
Complete the following and submit it in a Word document. Be sure to show your process and calculations:

1. Assume you have just retired as the CEO of a successful company. A major publisher has offered you a book deal. The publisher will pay you \$1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to \$500,000 per year. You estimate your opportunity cost to be 10%.
• Should you accept this deal? Plot a diagram that measures NPV (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal. (Hint: IRR is the point at which NPV = 0)
2. Suppose you inform the publisher that it needs to sweeten the deal before you will accept it. The publisher offers \$550,000 advance and \$1,000,000 in four years when the book is published.
• Should you accept or reject the new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem.  (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRRs for this deal (Hint: There are two IRRs for this problem).
• Discuss if the IRR rule for making budgetary decisions can be used in this case.
3. Finally, you are able to get the publisher to increase your advance to \$750,000, in addition to the \$1 million when the book is published in four years.
• Should you accept or reject this new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal.
4. State three conclusions regarding the use of IRR vs. NPV that you can make from questions 2–4. Which is the stronger method to use (IRR or NPV), and why?

## Help Me!

Help Me!

1. Activity: Capital Budgeting Practice
Complete the following and submit it in a Word document. Be sure to show your process and calculations:

1. Assume you have just retired as the CEO of a successful company. A major publisher has offered you a book deal. The publisher will pay you \$1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to \$500,000 per year. You estimate your opportunity cost to be 10%.
• Should you accept this deal? Plot a diagram that measures NPV (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal. (Hint: IRR is the point at which NPV = 0)
2. Suppose you inform the publisher that it needs to sweeten the deal before you will accept it. The publisher offers \$550,000 advance and \$1,000,000 in four years when the book is published.
• Should you accept or reject the new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem.  (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRRs for this deal (Hint: There are two IRRs for this problem).
• Discuss if the IRR rule for making budgetary decisions can be used in this case.
3. Finally, you are able to get the publisher to increase your advance to \$750,000, in addition to the \$1 million when the book is published in four years.
• Should you accept or reject this new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal.
4. State three conclusions regarding the use of IRR vs. NPV that you can make from questions 2–4. Which is the stronger method to use (IRR or NPV), and why?

## Help Me!

Help Me!

1. Activity: Capital Budgeting Practice
Complete the following and submit it in a Word document. Be sure to show your process and calculations:

1. Assume you have just retired as the CEO of a successful company. A major publisher has offered you a book deal. The publisher will pay you \$1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to \$500,000 per year. You estimate your opportunity cost to be 10%.
• Should you accept this deal? Plot a diagram that measures NPV (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal. (Hint: IRR is the point at which NPV = 0)
2. Suppose you inform the publisher that it needs to sweeten the deal before you will accept it. The publisher offers \$550,000 advance and \$1,000,000 in four years when the book is published.
• Should you accept or reject the new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem.  (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRRs for this deal (Hint: There are two IRRs for this problem).
• Discuss if the IRR rule for making budgetary decisions can be used in this case.
3. Finally, you are able to get the publisher to increase your advance to \$750,000, in addition to the \$1 million when the book is published in four years.
• Should you accept or reject this new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal.
4. State three conclusions regarding the use of IRR vs. NPV that you can make from questions 2–4. Which is the stronger method to use (IRR or NPV), and why?

## Help Me!

Help Me!

1. Activity: Capital Budgeting Practice
Complete the following and submit it in a Word document. Be sure to show your process and calculations:

1. Assume you have just retired as the CEO of a successful company. A major publisher has offered you a book deal. The publisher will pay you \$1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to \$500,000 per year. You estimate your opportunity cost to be 10%.
• Should you accept this deal? Plot a diagram that measures NPV (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal. (Hint: IRR is the point at which NPV = 0)
2. Suppose you inform the publisher that it needs to sweeten the deal before you will accept it. The publisher offers \$550,000 advance and \$1,000,000 in four years when the book is published.
• Should you accept or reject the new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem.  (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRRs for this deal (Hint: There are two IRRs for this problem).
• Discuss if the IRR rule for making budgetary decisions can be used in this case.
3. Finally, you are able to get the publisher to increase your advance to \$750,000, in addition to the \$1 million when the book is published in four years.
• Should you accept or reject this new offer?  Again, plot a diagram that measures NVP (on the y-axis) vs. discount rate (on the x-axis) to solve this problem. (Hint: Have your scale on the x-axis go to 50% (discount rate)).
• Determine the IRR for this deal.
4. State three conclusions regarding the use of IRR vs. NPV that you can make from questions 2–4. Which is the stronger method to use (IRR or NPV), and why?

## Project Summary

Project Summary

1. a) You will have a Title page that mentions the subject and what it’s about. Be creative with your title.

Note: Since you are using Excel, you will be putting a screenshot of your Excel work in the Appendix. You will also put in any other raw information and notes you used.

The Introduction informs the reader the issue that is being addressed in the report. It’s going to be fictional.

Example) Is it about the eating time like I mentioned in the syllabus? So you could say something like, you read in an article in Newsweek Magazine that it usually takes 25 minutes to eat a meal. But you think it’s actually longer than that. So you decided to test it on yourself.

Example) Is it about Uber vs Lyft? You could say that you saw on Fox News, CNN, MSNBC that Uber was better. By better you think (time or \$ your choice) but explain why. Then you decided to test it yourself.

Example) Is it about basketball? Such as you were watching ESPN and someone said that a good NBA team scores at least 100 points. But you think that’s too much. So you decided to test it.

This statistical study is about … I decided to do it on … because …I hope that after you finish reading this study you will

Now that the reader knows what your project is about, you are going to show the testing and analysis.

You are going to have a Hypothesis

Math formulas and calculations

2. The claim that I saw on Fox News (NOW I DON’T WANT THE ENTIRE CLASS SAYING THAT THEY WERE WATCHING FOX NEWS, GIVE ME DIVERSITY) said…(but/and depends on your study) I thought … so I decided to test it on my own.

3. The Conclusion will take the result of the previous section and put it in regular words.

This means, the previous section ended with a ‘scientific statement’ that the ‘normal person’ can’t understand.

So in the conclusion, you will write it so that if it was being presented on tv for everyone to understand.

Example) Is eating time usually longer or shorter than 25 minutes?

Example) Is Uber a better deal than Lyft?

Example) How is the quality of the NBA teams?

4.Here, you will put screenshots of the Excel screenshots and calculations.

Also, you will put any graphs OR you can include the graphs in the Hypothesis test itself.

Put a title for each like:

Raw data

also in the raw data,

put information that’ll make it make sense like the dates.

Graphs with titles and labels.

Claim

Opposite

Ho

H1

Reject or Fail to Reject

Scientific ending statement: There is…evidence…

Proof

## Getting Started

In  this discussion you will complete a two-column proof. However, you will  make 2-3 errors for your classmates to find and reconcile. You can use  any strategy to create the proof. Additionally, you will find and  reconcile errors in your classmates’ proofs. Understanding proofs will  help you become a critical thinker.

Upon successful completion of this discussion, you will be able to:

• Recognize direct and indirect proofs.
• Formulate direct and indirect proofs.
• Articulate in writing the interpretation and significance of mathematical proofs.

## Resources

• Video: Deductive Reasoning
• Video: Reviewing Properties of Equality and Writing Two-Column Proof

## Background Information

First letter of your Last name

Problem: Fill in each blank with the statement or the reason.

A, B, X, Y, Z

C, D, U, V, W

E, F, S, T

G, H, Q, R

I, J, O, P

K, L, M, N

## Instructions

1. Review the rubric to make sure you understand the criteria for earning your grade.
2. Review the following videos:
3. Navigate to the threaded discussion and respond to the following:
1. You will be assigned a problem based upon the First letter of your Last name.
2. To  complete this problem, you will have to fill in each blank space with  the appropriate next step and rule/explanation that justifies the step.  DO NOT POST YET, see the next step.
3. This next part is different than a typical post: After you complete your work, but before you post, you are to create 2 mistakes.
4. You will then make your initial post with the 2 mistakes.
5. Next,  you will need to respond to at least two other students that completed a  different problem than you trying to find the mistakes and explain why  they were mistakes.
6. On the last day, you will respond to your own original post revealing the mistakes you intentionally made.
7. Additional examples of proofs can be seen in the 3.3 Proofs homework
4. Your initial post is due by the end of the fourth day of the workshop.
5. Read and respond to at least two of your classmates’ postings by the sixth day, as well as all follow-up instructor questions directed to you, and don’t forget your final response on the last day of the workshop.
a. Be well developed by providing clear answers with evidence of critical thinking.
b. Your observations should add greater depth to the discussion by introducing new ideas.
c. Provide clarification to classmates’ questions and provide insight into the discussion.
d.  Your two follow-up responses need to be clearly collaborative by  providing clarification and insight on issues in the discussion

## Project Summary

Project Summary

1. a) You will have a Title page that mentions the subject and what it’s about. Be creative with your title.

Note: Since you are using Excel, you will be putting a screenshot of your Excel work in the Appendix. You will also put in any other raw information and notes you used.

The Introduction informs the reader the issue that is being addressed in the report. It’s going to be fictional.

Example) Is it about the eating time like I mentioned in the syllabus? So you could say something like, you read in an article in Newsweek Magazine that it usually takes 25 minutes to eat a meal. But you think it’s actually longer than that. So you decided to test it on yourself.

Example) Is it about Uber vs Lyft? You could say that you saw on Fox News, CNN, MSNBC that Uber was better. By better you think (time or \$ your choice) but explain why. Then you decided to test it yourself.

Example) Is it about basketball? Such as you were watching ESPN and someone said that a good NBA team scores at least 100 points. But you think that’s too much. So you decided to test it.

This statistical study is about … I decided to do it on … because …I hope that after you finish reading this study you will

Now that the reader knows what your project is about, you are going to show the testing and analysis.

You are going to have a Hypothesis

Math formulas and calculations

2. The claim that I saw on Fox News (NOW I DON’T WANT THE ENTIRE CLASS SAYING THAT THEY WERE WATCHING FOX NEWS, GIVE ME DIVERSITY) said…(but/and depends on your study) I thought … so I decided to test it on my own.

3. The Conclusion will take the result of the previous section and put it in regular words.

This means, the previous section ended with a ‘scientific statement’ that the ‘normal person’ can’t understand.

So in the conclusion, you will write it so that if it was being presented on tv for everyone to understand.

Example) Is eating time usually longer or shorter than 25 minutes?

Example) Is Uber a better deal than Lyft?

Example) How is the quality of the NBA teams?

4.Here, you will put screenshots of the Excel screenshots and calculations.

Also, you will put any graphs OR you can include the graphs in the Hypothesis test itself.

Put a title for each like:

Raw data

also in the raw data,

put information that’ll make it make sense like the dates.

Graphs with titles and labels.

Claim

Opposite

Ho

H1

Reject or Fail to Reject

Scientific ending statement: There is…evidence…

Proof

## Getting Started

In  this discussion you will complete a two-column proof. However, you will  make 2-3 errors for your classmates to find and reconcile. You can use  any strategy to create the proof. Additionally, you will find and  reconcile errors in your classmates’ proofs. Understanding proofs will  help you become a critical thinker.

Upon successful completion of this discussion, you will be able to:

• Recognize direct and indirect proofs.
• Formulate direct and indirect proofs.
• Articulate in writing the interpretation and significance of mathematical proofs.

## Resources

• Video: Deductive Reasoning
• Video: Reviewing Properties of Equality and Writing Two-Column Proof

## Background Information

First letter of your Last name

Problem: Fill in each blank with the statement or the reason.

A, B, X, Y, Z

C, D, U, V, W

E, F, S, T

G, H, Q, R

I, J, O, P

K, L, M, N

## Instructions

1. Review the rubric to make sure you understand the criteria for earning your grade.
2. Review the following videos:
3. Navigate to the threaded discussion and respond to the following:
1. You will be assigned a problem based upon the First letter of your Last name.
2. To  complete this problem, you will have to fill in each blank space with  the appropriate next step and rule/explanation that justifies the step.  DO NOT POST YET, see the next step.
3. This next part is different than a typical post: After you complete your work, but before you post, you are to create 2 mistakes.
4. You will then make your initial post with the 2 mistakes.
5. Next,  you will need to respond to at least two other students that completed a  different problem than you trying to find the mistakes and explain why  they were mistakes.
6. On the last day, you will respond to your own original post revealing the mistakes you intentionally made.
7. Additional examples of proofs can be seen in the 3.3 Proofs homework
4. Your initial post is due by the end of the fourth day of the workshop.
5. Read and respond to at least two of your classmates’ postings by the sixth day, as well as all follow-up instructor questions directed to you, and don’t forget your final response on the last day of the workshop.