The risk exposure resulting from the possible reduction in terms of the domestic reporting foreign currency, of the discounted future cash flows generated from foreign investments or operations due to real changes in exchange rates is referred to as:

A) business risk.
B) transaction exposure.
C) economic exposure.
D) translation (accounting) exposure.


C) economic exposure.

Business

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A disadvantage of catalog marketing is the difficulty in targeting the right customers and tracking their activity.

Answer the following statement true (T) or false (F)

Business

Fifth National Bank decided to loan $200,000 to Fred Franklin. As collateral for the loan, Fred posted stock certificates. When Fred defaulted on the loan, Fifth National tried to sell the stock

They discovered the stock certificates were stolen from someone else. Which insuring agreement in a financial institution bond is designed to cover such losses? A) Insuring Agreement B—On Premises B) Insuring Agreement C—In Transit C) Insuring Agreement D—Forgery or Alteration D) Insuring Agreement E—Securities

Business

Explain the marketing concept and market orientation.  What three requirements are necessary to implement a market orientation?

What will be an ideal response?

Business

Martin's Inc. is expected to pay annual dividends of $2.50 a share for the next three years. After that, dividends are expected to increase by 3% annually

What is the current value of this stock to you if you require a 9% rate of return on this investment? A) $39.47 B) $40.11 C) $41.81 D) $42.92

Business