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Andrea bought futures contracts on 560,000 pounds of domestic sugar at a price of 21.48 cents per pound. Futures contracts on sugar are for 112,000

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Andrea bought futures contracts on 560,000 pounds of domestic sugar at a price of 21.48 cents per pound. Futures contracts on sugar are for 112,000 pounds. What is the amount of Andrea's profit or loss if the price at contract expiration is 21.32? Multiple Choice $.80 $896.00 O O $896.00 O O -$8,960.00 O -$.80 Company A can borrow at either an 8.5% fixed rate or a floating rate of prime + 1.75% Company B can borrow at either a floating rate of prime + 1.25% or a fixed rate of 8.65% Company A prefers a floating rate and Company B prefers a fixed rate. Which one of the following terms would be acceptable to both Company A and B if they opted to enter an interest rate swap? Multiple Choice 8.6% fixed for prime + 1.3% floating 8.6% fixed for prime + 1.2% floating 8.65% fixed for prime + 1.3% floating 8.5% fixed for prime + 1.75% floating O 8.65% fixed for prime +1.25% floating

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