Suppose that the spot price of oil is us$95 and the quoted 1-year futures price of oil is us$125. note that a quote is the last price at which a security or a commodity traded, that is, the most recent price on which a buyer or a seller agreed and at which some amount of the asset was transacted. therefore, bid and ask quotes are the most current prices at which the security or the commodity can be bought or sold. for this exercise just assume that bid=ask=quote. assume also that the risk-free interest rate is 5% per annum with discrete compoundingfor all maturities. moreover, the storage cost of oil are 2% per annum and based on the spot price. show that there is an arbitrage opportunity and the profit of this arbitrage is equal to $23.35. for full credit you must show all the steps, explain the strategy you would put into practice to take advantage of this arbitrage opportunity and explain what is the source of the arbitrage gain.

According to maslow's hierarchy of needs theory, which of the following would be an issue that requires the fulfillment of a lower order need? a)the need for a challenging project at work. b)the need for a promotion at work.c) the need to locate your business in an area with a low crime rate. d)the need for a mentor to you ascend within the company. none of the above

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.