A single-price monopolist has the following equations repres…

A single-price monopolist has the following equations representing its marginal cost and demand curves:                                            Qd = 800 – 1/3 P MC = 2Q If this firm engages in perfect price discrimination, how much consumer surplus will exist?

Blue Moon National Bank holds assets and liabilities whose a…

Blue Moon National Bank holds assets and liabilities whose average durations and dollar amounts are as shown in this table: Assett & Liability Items Avg. Duration (years) Dollar Amount (millions) Investment-grade bonds 15 $65.00 Commercial loans 3 400 Consumer loans 7 250 Deposits 1.25 600 Non-deposit borrowings 0.50 50 What is its leverage-adjusted duration gap?