Uppose that in order to hedge interest rate risk on your borrowing, you enter into an FRA that will guarantee a 6% effective annual interest rate for 1 year on $500,000. On the date you borrow the $500,000, the actual interest rate is 5%. Determine the dollar settlement of the FRA assuming

(a) Settlement occurs on the date the loan is initiated.
(b) Settlement occurs on the date the loan is repaid

no one can you on this you have to find a website that displays their earnings for this

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; rapid growth in buyer demand and high buyer switching cost;