The S&P 500 Index is priced at $950.46. The annualized dividend yield on the index is 1.40%. The continuously compounded annual interest rate is 8.40%. What is the price of a forward contract that expires 9 months from today?

Since the late 1980s, there has been a strong move away from a more free market economic model and toward a more centrally planned and mixed economies.

a. true b. false

Profits are an indicator of which of the following?

a. A business' success b. The amount of capital investment c. The owner's commitment d. The level of competition