In accordance with the academic honesty policy (t10. 02), academic dishonesty in any form will not be tolerated. Prohibited acts include, but are not limited to, the following: Making use of any books, papers, electronic devices or memoranda, other than those authorized by the examiners. Speaking or communicating with other students who are writing examinations. Copying from the work of other candidates or purposely exposing written papers to the view of other candidates. Question 1: multiple choice (20 total marks, 2 marks for each answer) Select the best answer for each of the following multiple choice questions. Enter your answers on the scantron bubble sheet. If more than one answer is given for any item, that item will not be marked. Explanations provided beside the answers will not be considered: a short forward contract on a non-dividend paying stock was entered into some time ago at a delivery price of .