Suppose today is November 15. Today (Nov 15), a US firm is planning to import Mexican caviar worth Pesos 2 million due on December 15 (one month later). The firm decides to hedge its payables position by using December peso futures. The spot rate on Nov 15 is US$ 0.0630 / peso and the December futures price on Nov 15 is at $0.0665 per peso. One month late on December 15, the spot rate is $0.0570 / peso while the December futures price is $0.0615 / peso. Assume contract size is 2 million pesos. What is the gain or loss from the futures hedge: a. Loss of $10,000 b. Gain of $10,000 c. Loss of $9,000 d. Gain of $12,000

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?

The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.

Nba all-star baron davis and his school friend, cash warren, premiered their first movie "made in america" at the sundance festival in january 2008. the movie, based on gang activity in south central los angeles, received good reviews.    source: the new york times, february 24, 2008         draw baron davis's ppf. label it ppfdavis. draw your own ppf. label it ppfmine.