Answer:
-3.49%
Explanation:
Theoretical price (Ft) = $43
Current spot price (St) = $40.5
Storage cost (u) = 2%
Risk free rate (Rf) = 0.5%
T = 1 year
Let y = Convenience yield
Ft = St e^(Rf + u - y)T
43 = 40.5 e^(0.005 + 0.02 - y)
y = - 3.49%
Hence, convenience yield = -3.49%
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They don't have to pay as much interest.
Answer:
COGS= $130,000
Explanation:
Giving the following information:
A retail operation has an average gross margin of 35%.
Sales= $200,000.00
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
Gross margin= sales - COGS
COGS= sales - gross margin
COGS= 200,000 - (200,000*0.35)
COGS= $130,000
Answer:
The answer is tunnel vision.
Explanation:
Tunnel vision is part of a group of cognitive biases that an individual might unknowingly engage in when employing their cognitive functions on a day-to-day basis. However, analytics perspective and narrow perspective are not included in this category, nor is intellectual fog, Tunnel vision itself is defined as a reluctance for individuals to consider perspectives that might differ from what she or he believes in. There are several types of tunnel vision biases. Some of them are confirmation bias, hindsight bias, and outcome bias.
