1. Blooming Gardens has an inventory turnover of 16. This means the firm
2. Hannah would like to make an investment that will turn 6500 dollars into 35000 dollars in 7 years. What quarterly rate of interest, compounded four times per year, must she receive to reach her goal?
3. The S&P 500 is currently at 2,600. The six-month risk-free rate is 3% and the annual dividend yield on the stocks making up the index is 2%. Estimate the six-month futures contract price.