Which of the following statements is true? a. the higher the maturity risk premium, the higher the probability that the yield curve will be inverted. b. the most likely explanation for an inverted yield curve is that investors expect inflation to increase in the future. c. if the yield curve is inverted, short-term bonds have lower yields than long-term bonds. d. even if the pure expectations theory is correct, there might at times be an inverted treasury yield curve. e. inverted yield curves can exist for treasury bonds, but because of default premiums, the corporate yield curve cannot become inverted.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?