Suppose the forward rate is 10.2% in year 1 and 10.8% in year 2, and the yield on a 3-year zero-coupon bond is 11.8%. What must be the forward rate in year 3?

water and oil do not mix because water is hydrophilic (it is attracted to itself) and oil is hydrophobic (it is repelled by water).

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

answer; ///product strategy;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.