Analysis Sony company that actively use arbitrage in their operations or risk management. Describe how companies used different types of arbitrage (interest rate, exchange, regulatory, labor, tax, etc.) to increase revenues or lower costs. Evaluate benefits and costs associated with arbitrage. Analysis each arbitrage advantage and disadvantage. Provide company's background.

Final Paper Format Instructions

1. Papers must be in English, preferably written in the present tense. Use of the active voice greatly improves the readability of a paper (e.g., the tests show or we show, not it is shown), but avoid excessive use of we or I.

2. Manuscripts should be double-spaced, and printed on one side of the paper only. All pages should be numbered consecutively. The first page of the manuscript should contain: (i) the title; (ii) group member names.

3. Section headings should be identified by Arabic numbers followed by a dot. All main words should be capitalized. Subheadings should be identified by Arabic numbers followed by a dot, e.g. 2.1, 2.2, etc., and written in capital letters only. Sub-headings should be identified by Arabic numbers followed by a dot, should be italicized and the main words capitalized.

4. Footnotes should be kept to a minimum and indicated by consecutive superscript numbers.

5. References to publications should be in the order of Author (Year), Title, Journal, Month and page numbers. All publications by more than two authors are to be referred to by the surname of the first author followed by et al.: Brennan et al. (1989). Instead, publications with two authors should be referred to by the surnames of both authors: Morris and Shin (2004). The list of references should appear at the end of the main text. It should be double-spaced and listed in alphabetical order by author's name. References should appear as follows:

For book: Allen, F. and Gale, D. (2000) Comparing Financial Systems, The MIT Press, Cambridge, Massachusetts.

For journal article: Bertrand, M. and Mullainathan, S. (2003) Pyramids, Journal of the European Economic Association 1, 478-483.

Note that journal titles should not be abbreviated.

For websites: Please indicate full URL for website references, and date viewed. http://www.umsl.edu/services/ora/research/units.html, viewed Monday, January 21.

6. Tables should be numbered consecutively in the text in Roman numerals and printed on separate sheets. Each table must have a title followed by a descriptive legend. No colors should be used.

7. Any paper that does not conform to the above instructions may be returned for necessary revision.