Assume oat forward prices over the next 3 years are $2.25, $2.35, and $2.28, respectively. Effective annual interest rates over the same period are 5.2%, 5.5%, and 5.8%
What is the
2-year swap price on a hypothetical "forward swap" that begins at the end of year 1?
A) $2.14
B) $2.32
C) $2.41
D) $2.53
B
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To make numeric data useful, organize it in a(n) ____________________, which is one or more formulas that includes all of the relevant variables and calculates a result.
Fill in the blank(s) with the appropriate word(s).
Echo enters into an agreement with Deep Pan Pies, Inc., to operate a franchise in Centre City. Later, Deep grants franchises to others within the city. Echo files a suit to close them. If the court rules in Echo's favor it will most likely be on the ground that
A. Deep violated the antitrust laws. B. Deep violated the implied covenant of good faith and fair dealing. C. Echo paid a franchise fee. D. Echo was the first Deep franchisee in Centre City.
Which of the following mathematical expressions is found in a typical flexible-budget formula for overhead?
A. Budgeted variable overhead cost per unit + budgeted fixed overhead cost. B. (Budgeted variable overhead cost per unit × total activity units) + budgeted fixed overhead costs. C. (Budgeted fixed overhead cost per unit × total activity units) + (budgeted variable overhead cost per unit × total activity units). D. Total activity units + budgeted fixed overhead cost per unit. E. None of the answers is correct.
Magnus's company holds meetings every Monday morning. Magnus is responsible for sharing an anecdote, an account, or a legend about the company for every first Monday of the month to keep everyone reminded of where they work and what is important. Magnus is responsibility for sharing
A. ceremonies. B. stories. C. symbols. D. espoused values. E. language.