Your financial firm needs to borrow $500 million by selling time deposits with 180- day maturities. if interest rates on comparable deposits are currently at 3.5 percent, what is the cost of issuing these deposits? suppose interest rates rise to 4.5 percent. what then will be the cost of these deposits? what position and types of futures contract could be used to deal with this cost increase?

Ryan is deciding between attending western state university and eastern state university. he cannot attend both universities simultaneously. both are fine universities, but the reputation of western is slightly higher, as is the tuition. let mu subscript upper e and mu subscript upper w be ryan's marginal utilities from attending eastern and western state universities respectively and upper p subscript upper e and upper p subscript upper w be the prices of attending eastern and western state universities. using the rule of consumer optimum, ryan will decide to attend eastern state university, if mue/pe exceeds muw/pw attend eastern state university if mue/pe is less than muw/pw attend western state university, if pe/mue< pw/muw attend western state university, since it gives him more utility.