Operating leverage contributes ultimately to the variability of a firm's earnings per share

Jones, Smith and Williams own property as joint tenants. Which of the following is true?

a. if Smith and Jones die, Williams will own the property as joint tenants with the heirs of Smith and Jones b. if Jones dies, Smith and Williams will own the property as tenants in common c. if Jones and Smith die, Williams will own the property in severalty d. if any one of the owners die, the property goes to the heirs of the deceased owners

The current U.S. dollar-yen spot rate is 125¥/$. If the 90-day forward exchange rate is 127 ¥/$ then the yen is selling at a per annum ________ of ________

A) premium; 1.57% B) premium; 6.30% C) discount; 1.57% D) discount; 6.30%