Using the one-period valuation model, assuming a year-end dividend of $1.00, an expected sales price of $100, and a required rate of return of 5%, the current price of the stock would be

In a forward contract

A) the spot price is held constant. B) you can lock in today's price for the future. C) you can lock in a future price today. D) you can lock in a future quantity today.

Refer to the table below. Marginal utility becomes negative with the consumption of the:

The table below shows the utility schedule for a consumer of candy bars.



A. Not shown in the table; marginal utility remains positive throughout
B. Fifth candy bar
C. Sixth candy bar
D. Seventh candy bar