The seller of a futures contract group of answer choices has the option of canceling the contract the following day if the price is not acceptable to him/her. is legally bound to make delivery of the specified item on the specified day. receives the entire contract amount at the time the contract is made. must make delivery before receiving any monies on the contract.

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.