Suppose that Teva is traded both at TA-35 and Nasdaq stock exchange. a. Suppose that the market price on TA-35 is $40. Assuming No-Arbitrage condition, what can you say about the price on Nasdaq? b. Suppose that the market price on TA-35 and Nasdaq is $40 and $38.5 respectively. How can you make an arbitrage profit? (Assume no trading costs). Show the cash flow of your strategy.

Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?