The treasurer of a large corporation wants to invest $14 million in excess short-term cash in a particular money market investment. the prospectus quotes the instrument at a true yield of 6.46 percent; that is, the ear for this investment is 6.46 percent. however, the treasurer wants to know the money market yield on this instrument to make it comparable to the t-bills and cds she has already bought. if the term of the instrument is 92 days, what are the bond equivalent and discount yields on this investment?

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

Why do police officers get paid less than professional baseball players?

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.