You are given the following data on different rates with the same maturity (1.5 years), but quoted on a different basis and different compounding frequencies:

• Continuously compounded rate: 2.00% annualized rate

• Annually compounded rate: 2.10% annualized rate

• Semi-annually compounded rate: 2.01% annualized rate

You want to find an arbitrage opportunity among these rates. Is there any one that seems to be mispriced?

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.

What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.