What concept states that there is no systematic difference between the forward rate and the expected future spot rate, and that the expected forward market return is zero?

Avoidable interest is the amount of interest cost that a company could theoretically avoid if it had not made expenditures for the asset.

a. true b. false

Which of the following is an example of a variable cost for an amusement park?

A) salary of the park manager B) food cart supplies C) liability insurance D) interest on the property's mortgage E) property taxes