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Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $71, $312, and $86, respectively. If Baker undergoes a 3-for-2 stock split, what is the new divisor for the price-weighted index? Note: Do not round intermediate calculations. Round your answer to 5 decimal places. exam spreadsheet (8).xlsx

You own 500,000 bushels of wheat. If you decide to add a short futures position in wheat you will be taking which one of the following positions?

The model used to value a stock that pays a dividend which increases at a constant rate forever is referred to as which one of the following? Assume the growth rate is less than the discount rate.

You went long 30 December 2019 crude oil futures contracts at a price of $48.66. Looking at Figure 14.1, if you closed your position at the settle price on this day, what was your profit? (Do not include the $ sign) exam spreadsheet (8).xlsx

The Clothing Company purchased six futures contracts on cotton at a quoted price of 60.70 as a hedge against its inventory needs. At the time it actually needed the cotton, the spot price was 61.50. Cotton futures are based on 50,000 pounds and quoted in cents per pound. How much did the Shirt Factory save by hedging cotton? exam spreadsheet (8).xlsx

What is the amount of the difference between the highest and the lowest value of a December heating oil contract on this day? Contract Open High Low Close December, Heating oil, 40,000 gallons, $ and cents per gallons 3.5503 3.7444 3.6652 3.7222 December, Crude oil, 1,000 barrels, $ and cents per barrels 120.71 122.50 120.70 122.40 exam spreadsheet (8).xlsx

Which one of the following is correct concerning the two-stage dividend growth model?

The term ________ is defined as an unauthorized use or access of a system by an individual, a party, or a service.

The capacity of a system to keep functioning in the face of hardware or software failure is called ________.

A multi-homed device has multiple network interfaces that use rules to determine how packets will be forwarded between interfaces.