Consider the three base cases in Exhibit 9: 100% hedging with options, 100% hedging with forward contracts, and no hedging at all. In a first step, assume the actual sales volume is known and always equals the forecasted volume of 25,000 students. How are profits affected under each of the three base cases relative to expected outcomes (based on an expected spot rate of USD/EUR 1.22)

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u. s. banks that cannot borrow elsewhere governments in developing countries during currency crises u. s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u. s. economy (the money supply), the federal reserve will government bonds.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income