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Wardrobe and Costumes in Theater and Film: Mastery Test
2.
Select the correct answer
Paula is the costume designer for a film production. She shows the director a set of color palettes, thumbnail sketches, and fabric swatches of
costumes she has in mind. In which part of the process of costume design is Paula involved?
OA
researching the script and characters
creating renderings
OB.
Ос.
presenting costuming ideas
constructing the costumes
OD
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The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

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