1. Define a growth rate and a discount rate. What is the difference between them?
2. Suppose you long 10 June 2017 British Pound contracts on May 09, 2017 (T) (at the settlement price) and you close your position on May 10, 2018 (W) (at the settlement price), how much will you make/loss?
3. Discuss weaknesses that may appear in your analysis of the Rosetta Stone. Pricing the 2009 IPO.