Mr. valdez has $10,000 to invest at time t = 0, and three ways to invest it. investment account i is governed by compound interest with an annual effective discount rate of 3%. investment acount ii has force of interest equal to . investment account iii is governed by the accumulation function aiii(t) = (1 - .005t2)-1. mr. valdez can transfer

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable