Explain why there is increasing use of ADR in the United States.  Be detailed including the benefits and drawbacks of ADR, as well as the benefits and drawbacks of the using the court system to resolve disputes.

You are in desperate need of cash, and you go see Nicky Eyes (“What’s up, guy?”) to borrow $1000. He demands that you pay him back $1250 in exactly one week, or bad things will happen. What is the EAR/EFF of this loan? There are 52 weeks in a year. (Hint: calculate the APR of this loan, then use the EFFECT function.)

Please click here to access your assessment: 

A homeowner obtains an amortizing mortgage for $500,000 for 25 years, with monthly payments at an APR of 12% (monthly compounding).  How much principal will you pay off with your 200th monthly payment? 

What is the YTM on a 10-year bond with an 8% annual coupon rate, face value of $1000 and price of $1250? The bond makes semi-annual coupon payments. Input your answer as a percentage rounded to three decimal places (i.e. .12345 or 12.345% would be entered as 12.345, for example)

Fifteen years ago, you bought a 30-year bond for $750. The annual coupon rate is 8%, the bond makes annual coupon payments, and the face value of the bond is $1000. Today, you sold the bond (with 15 years left until maturity) at a yield of 6%. What was your annual Holding Period Return (HPR)? Please write your answer in percentage terms to two decimal places (7.21 percent is 7.21, not 0.0721)

Consider that we are utilizing an application and we needed to deal with a file I/O operation. Consider that the system is currently in the user mode. Explain what happens in the next steps to allow us deal with I/O. Describe the scenario from the system’s perspective (so explain underlying mechanism).

As we discussed about process states, go ahead an explain what each state is, describing how the system determines state transitions. Provide a scenario to demonstrate all these states (explain perhaps an application running and state changes over time).

What does the following code do? Explain your answer.  

We discussed both processes (parent and child) and threads (multi-threading). Consider the utility of multiple processes vs multiple threads. What are their differences in terms their activities, implementation and results. Are they different? Do they both provide some concurrency? Explain.