On January 1, Welling Company purchased 100 of the $1,000 face value, 8%, 10-year bonds of Mann, Inc. The bonds mature on January 1 in 10 years, and pay interest annually on January 1. Welling purchased the bonds to yield 10% interest. Information on present value factors is as follows:

Present value of $1 at 8% for 10 periods

0.4632

Present value of $1 at 10% for 10 periods

0.3855

Present value of an annuity of $1 at 8% for 10 periods

6.7101

Present value of an annuity of $1 at 10% for 10 periods

6.1446
How much did Welling pay for the bonds?

A. $95,477
B. $100,000
C. $92,230
D. $87,707

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Post test question number 9 for entering the job market

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2