Given a stock index with a value of $1,000, an anticipated dividend of $30, and a risk-free rate of 6%, what should be the value of one futures contract on the index?
A) $943.40 B) $970.00 C) $1,030.00 D) $915.09 E) $1,000.00
When Yoga Anywhere first opened, the owner decided to target only events at resorts in its geographic region. Yoga Anywhere was using a(n) ________ targeting strategy.
A) concentrated B) micromarketing C) benefit-driven D) differentiated E) undifferentiated
A firm using the follower strategy will most likely enter the market with a(n) ________.
A) new product that has never been seen B) product sold domestically and abroad C) improved version of an existing product D) adaptation of an online international product
Space Flight Inc. files a registration statement with the SEC before making an offering to the general public. The registration contains false, immaterial statements of which the investors are unaware. The firm is charged with violating the Securities Act of 1933. Its best defense is
A) the investors were not aware of the misrepresentations. B) the issuer reasonably believed the misstatements were true. C) the offering was made available to the general public. D) the untrue statements were not material.