On June 15, a U. K. firm is planning to import computers worth $5 million from Intel on September 3. The U. K. firm has to pay $ on September 3. So, the U. K. firm has account payable (A/P). The firm decides to hedge its position using the London International Financial Futures Exchange (LIFFE). The spot rate is $1.3139. The September LIFFE futures price is $1.3280. The firm chooses an amount of futures contracts that matches as closely as possible, at the current exchange rate, its $ 5 million position. Later, on September 3, the spot rate is $1.2590, while the September futures price is $1.2550. Calculate the net gain or loss, in terms of pounds, of the hedged position as of September 3. (Ignore any interest rate opportunity gain or loss from the time pattern of cash flows & assume available maturity of LIFFE futures is not closely matching with the credit period.) A) 8,078 pounds loss B) 8,078 pounds gain C) 51,493 pounds loss D) 51,493 pounds gain E) None of the above

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

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

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.