Risk neutral probabilities are also known as all of the following EXCEPT:
A) contingent probabilities.
B) state-contingent prices.
C) martingale prices.
D) state prices.
A
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Elvira wants to hire three new customer service representatives. She is considering using a measure of EI to help select her new employees
Explain what EI is and how it could be useful for Elvira for the jobs that she's hiring for, and the reasons why she should not depend entirely on the EI measures for her selection. What will be an ideal response?
In completing the adjusting entries for 2017 in early 2018, the internal auditor discovered that a trademark, with an estimated eight year life that was registered in January, 2017 had not been amortized. The trademark cost $400,000. (The income tax rate is 40%.)
Required: Describe the steps to correct the error. What will be an ideal response?