Motivated from what you learned in class, you decide to take a long position in a one-year forward contract on a stock whose price you expect to increase in the future. The current price of the stock is $100 per share. The interest rate is 10% continuously compounded and the stock pays dividends of $3 in 4 months and 8 months from now. A) What is the value of the long forward position at time? What is the forwand price at time?
Six months later, the price of the stock is S110 per share. You decide now to take a second long position, in a six-months forward contract on the stock (Thus, both contracts have the same delivery date).
B) What is the forward price of your second contract att 1/2?
C) What is the value at timet-1/2 of the long position you made at timet 0?
Four months later, you need to sell your long positions in the two forward contracts.
D) If the current price of the stock is $120 per share, how much money will you receive from selling your long positions?
E) How much money did you invest in total? Did you take advantage of an arbitrage opportunity?
F) Compute the minimum price of the stock such that you receive $20 from selling your long positions.

You are frustrated to find that the only way to contact the customer service department is to make a phone call. the number listed would result in long distance charges to your phone bill. which issue should be addressed by the company to keep its crm in line with your expectations?

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?