Suppose that f(0, 1, 1.5) = 4.5%. (this should be almost 0.5 percentage points higherthan what you found above.) using f(0, 1, 1.5) and the given zero coupon yields, construct an arbitrage trading strategy to take advantage of this mispricing. note: it may be to first calculate zero-coupon bond prices for maturities of1-year and 1.5-years.

By changing its recipe, a smoothie chain is reacting to a change in the environment. while it is important to be able to quickly adapt, it is also important to take a proactive approach to changes in the marketing environment. implementing a proactive approach requires constantly scanning and analyzing the environment so that changes do not come as a surprise. the statements below are findings from environmental scanning and analysis. select the marketing environment force that best describes each of the statements listed.