The arbitrage profit implied by these prices is $5.24.
<h3>Arbitrage profit</h3>
Given:
Future contract= 1645
Sport gold price = 1592
Risk-free rate (rf) = .03
Hence:
Arbitrage profit=1645-[1592(1+1.03)¹]
Arbitrage profit=1645- 1639.76
Arbitrage profit=1645 =$5.24
Therefore the arbitrage profit implied by these prices is $5.24.
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There are different kinds of activities. The process of undertaking activities to enhance and service a sponsorship once a sponsorship deal has been agreed to
<h3>What are sponsorship activities?</h3>
Sponsorships are is known to be the financial or also called an in-kind support of any kind of activities.
Businesses often sponsor things such as events, trade shows, groups, etc. so that they can reach also their business goals and boast their competitive advantage.
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The answer is C. “There is a major city 50 miles away from the region”.
The company has declared a 100% stock dividend on its common stock will not be considered while calculating the earnings per common shares should be.
Earnings per share = Net Income / Number of equity shares.
where Net Income = $1,520,000
Common equity shares = 300,000
Earnings per share = $1,520,000 / 300,000
Earnings per share = $5.07
Therefore, earnings per common share for year 2015 for Rice Corporation is $5.07
