Nine-month gold futures are trading for $1565 per ounce. The spot price is $1509 per ounce. LIBOR during each of the upcoming 4 quarters is listed as 1.04%, 1.22%, 1.30%, and 1.35%, respectively
Calculate the 9-month lease rate on the futures contract.
A) 2.4%
B) 2.1%
C) 1.3%
D) 0.0%
D
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Which of the following factors supports the decision by large companies to move their
advertising work in-house? A) Greater objectivity is needed in the advertising process and in-house team can be swayed by internal organizational factors. B) The advertised product is complex in operation and function and it is expensive to train external agency members. C) Greater creative skills are required to advertise the product and in-house team is drawn from several departments involved in product development. D) Huge amounts are being spent on media, such as television, radio, and print ads.
Development sessions will:
A) Give you an advantage at work B) Decrease your workplace knowledge and skills C) Require many hours away from work D) Harm your chances for workplace success