The one-year risk-free rate in the U.S. is 5.300 percent and the one-year risk-free rate in Mexico is 7.96 percent. The one-year forward rate between the Mexican peso and the U.S. dollar is MXN12.444/\$. What is the spot exchange rate? Assume interest rate parity holds. Multiple Choice MXN12.444/\$ MXN14.977/\$ MXN14.007/$ MXN12.137/5 MXN12758/\$ Marston Corporation writes 42 checks a day for an average amount of $454 each. These checks generally clear the bank 3 days after they are written. In addition, the firm generally receives 54 checks with an average amount of $544 each. Deposited amounts are available after an average of 2.5 days. What is the firm's disbursement float? Multiple Choice $19,068 $16,236 $57,204 $73.440 $29,376