Suppose that a party wanted to enter into an FRA that expires in 42 days and is based on 1 LIBOR. The dealer quotes a rate of 4.75% on this FRA. Assume that at expiration, the 137-day LIBOR is 4% and the notional principal is $20,000,000 2. 137-day

a. What is the term used to describe such non-standard instruments?
b. Calculate the FRA payoff on a long position

Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million

What is used by accountant to analyze transactions ?