According to the expectations hypothesis (EH), long-maturity yields reflect expectations about future short-maturity yields. Suppose the EH is false. Specifically, suppose that (1+Y(2))^2 > (1+Y(1))*(1+E[Y(1)]), where the expectation is for next year's one-year rate. What can you conclude?a. Investors are not risk-neutral or some other assumption behind the EH does not hold. b. There is an arbitrage opportunity of buying the two year-bond (lending for two years), while also selling the one-year bond today and selling next year’s one-year bond next year (borrowing today for one year and repaying in ayear by borrowing for another year).c. There is an arbitrage opportunity of selling the two year-bond (borrowing for two years), while also buying theone-year bond today and buying next year’s one-year bond next year (lending today for a year and lending again ina year for one more year).d. All of the above.

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments.suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal.supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal.prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal.insurance expensejan. 31 bal. 164 164 jan. 31 bal.wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal.wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal.truckjan. 31 bal. 17,376 17,376 jan. 31 bal.accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal.a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year.c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection