Your firm has a british customer that is willing to place a $1 million order, but wants to pay in pounds instead of dollars. the spot exchange rate is $1.85 = £1.00 and the one-year forward rate is $1.90 = £1.00. the lead time on the order is such that payment is due in one year. what is the appropriate rate of exchange to calculate how many pounds the british customer owes, given the market data which you have available to estimate the exchange spot rate which will prevail in one year?

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]