Smu corp. has future receivables of 4,000,000 nzd in one year. it must decide whether to use options or a money market hedge to hedge this position. use any of the following info to make this decision. verify your answer by determining the estimate (or probability distribution) of dollar revenue to be received in one year for each type of hedge. spot rate of nzd = $0.54one year call option: exercise (0.50) premium (0.07)one year put option: exercise (0.52) premium (0.03)one year deposit rate: 9% (us) 6% (nz)one year borrowing rate: 11 (us) 8 (nz)forecasted spot rate of nzd: rate: 0.50,0.51,0.52probability: 0.2,0.5,0.3

1. gar principles or "the principles"are intended to do what?

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage