Use for the next five questions. Florida Commercial Bank (FC…

Use for the next five questions. Florida Commercial Bank (FCB) has assets of $600 million, liabilities of $525 million, and equity of $75 million. The average duration of its asset portfolio is 10 years and that for the portfolio of liabilities is 6 years. Market interest rates are 8%. FCB wishes to hedge its balance sheet with Treasury bond futures contracts. The futures contracts are currently quoted at 97-13 and have $100,000 face value. The benchmark long-term bond underlying the futures contract has a 7% coupon rate, a market yield of 7.25%, and a duration of 10.93 years. How many futures contracts would FCB need to hedge?  

Pennebaker and Beale (1986; Pennebaker 1997) had college stu…

Pennebaker and Beale (1986; Pennebaker 1997) had college students write about a traumatic or a trivial event that they had experienced. Students wrote for 15 min on four consecutive nights. A positive impact on mental and physical health of writing about traumatic events emerged ____.

Analyze the following code.public class Test {  public stati…

Analyze the following code.public class Test {  public static void main(String[] args) {    System.out.println(max(1, 2));  }  public static double max(int num1, double num2) {    System.out.println(“max(int, double) is invoked”);    if (num1 > num2)      return num1;    else      return num2;  }    public static double max(double num1, int num2) {    System.out.println(“max(double, int) is invoked”);    if (num1 > num2)      return num1;    else      return num2;  }}

Tajfel et al. (1971) divided Pp into groups based on their p…

Tajfel et al. (1971) divided Pp into groups based on their preferences for paintings of artists Klee or Kandinsky. Pp allocated points to an ingroup member who was not the self and an outgroup member. They received a series of options from which to choose their allocation on a series of trials. Which option did Pp choose more often?