The following yield data for a number of highest-quality corporate bonds existed at each of the three points in time noted. Yield Time to maturity (years) 5 years ago 2 years ago Today 1 9.1% 14.6% 9.3% 3 9.2 12.8 9.8 5 9.3 12.2 10.9 10 9.5 10.9 12.6 15 9.4 10.7 12.7 20 9.3 10.5 12.9 30 9.4 10.5 13.5 On the same set of axes, draw the yield curve at each of the three given times. Label each curve in part a with its general shape (downward sloping, upward sloping, flat). Describe the general interest rate expectation existing at each of the three times, assuming the expectations theory holds. Examine the data from 5 years ago. According to the expectations theory, what approximate return did investors expect a 5-year bond to pay as of today

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)