Today is March 1. The current direct spot rate on the EUR is $1.165 ($1.165/1EUR) and the June Futures contract on the EUR is available for $1.172. One futures contract on the Euro is for 125,000 Euros and the contract expires on June 15th). What will the June futures price be on April 15th, (Hint: there are 60 days between April 15th and June 15th) if the spot price on the Euro moves to $1.181/1 EUR on April 15th

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap

If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her leadership approach?