How does arbitrage help the Law of One Price?

What will be an ideal response?


Answer: Any arbitrage opportunity will exploit any mispricing to restore the Law of One Price.

Business

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Antonio reported the following itemized deductions on his 2018 tax return. His AGI for 2018 was $95,000. The mortgage interest is all qualified mortgage interest to purchase his personal residence. For AMT, compute his total adjustment for itemized deductions.    Medical expenses (before 10.0% of AGI floor)$8,500 State income taxes$6,500 Home mortgage interest$14,500 Charitable contributions$3,500 

What will be an ideal response?

Business

Which of the following are considered the main types of conflicts encountered by public managers?

A) Intrapersonal, interpersonal, intergroup, and intragroup B) Intrapersonal, interpersonal, intergroup, and team conflict C) Intrapersonal, interpersonal, team, and generational D) None of the above

Business

Historically, industrialized countries have had a significant power and presence in their workforce. What makes the recent trend different?

a. There are now more female immigrant workers migrating b. The numbers of immigrants has increased to overwhelming amounts c. Migrating immigrants are now more likely to be high skilled labor verse in the past where there was more lower skilled labor d. The origins of the immigrant workers has become more diverse

Business

The following data are available for a company's manufacturing activities:     Beginning Work in Process inventory5,000units75% completed as to conversionUnits started and completed15,000  Ending Work in Process inventory6,000units50% completed as to conversionIf materials are added when the production process begins and conversion costs are applied uniformly throughout the process, what are the equivalent units for direct materials and for conversion, respectively using the FIFO method of process costing?

A. 19,250 materials; 18,750 conversion. B. 16,250 materials; 19,250 conversion. C. 21,000 materials; 19,250 conversion. D. 21,000 materials; 22,250 conversion. E. 16,250 materials; 21,750 conversion.

Business