Chapman Enterprises is an MNE that markets a diverse portfolio of products including jewelry, luggage, and furniture. Which structure would most likely be used by Chapman?

Analytical procedures used in planning an audit should focus on:

a. Identifying material weaknesses in internal control b. Enhancing the auditors understanding of the client's business c. Testing individual accounting balances that depend on accounting estimates d. Evaluating the adequacy of the evidence gathered concerning unusual balances

Assume a = 0.15, b = 0.08, r = 0.05, and 0.30. Using the CIR model, calculate the delta of a zero coupon bond maturing in 5 years

A) -4.08 B) -3.08 C) -2.08 D) -1.08