Q4.14 Suppose that risk-free zero interest rates with continuous compounding are as follows: Maturity Rate (years) (% per annum) 1 2.0 2 3.0 3 3.7 4 4.2 5 4.5 Calculate forward interest rates for the second, third, fourth, and fifth years.

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

An economic theory that calls for workers to take control of factories is .

According to the naeyc curriculum is effective when all of the following occur except