Suppose that zero interest rates with continuous compounding are as follows: maturity (months)/ rate (% per annum): 3/ 8.0, 6/ 8.2, 9/ 8.4, 12/ 8.5, 15/ 8.6, 18/ 8.7 calculate forward interest rates for the second, third, fourth, fifth, and sixth quarters.
assume that a bank can borrow or lend at the rates above. what is the value of an fra where it will earn 9.5% for a 3-month period starting in 1 year on a principal of $1,000,000? the interest rate is expressed with quarterly compounding.

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)