Suppose that it is february 20 and a treasurer realizes that on july 17 the company will have to issue $5 million of commercial paper with a maturity of 180 days. if the paper were issued today, the company would realize $4,820,000. (in other words, the company would receive $4,820,000 for its paper and have to redeem it at $5,000,000 in 180 days’ time.) the september eurodollar futures price is quoted as 92.00. how should the treasurer hedge the company’s exposure?

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.

Double corporation acquired all of the common stock of simple company for

Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?