What concept states that there is no systematic difference between the forward rate and the expected future spot rate, and that the expected forward market return is zero?
A) unbiased predictor
B) unbiasedness hypothesis
C) uncovered interest rate parity
D) unsystematic risk
Answer: B
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What is disintermediation? With a suitable example, explain the opportunities and problems that disintermediation presents for producers and resellers
What will be an ideal response?
List and describe the four types of basic compensation.
What will be an ideal response?
Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is: Beginning Work in Process (40% complete, $1,100)200 unitsEnding inventory of Work in Process (80% complete)400 unitsTotal units started during the year3,200 units
A. 3,160 units. B. 3,200 units. C. 3,400 units. D. 3,000 units. E. 3,500 units.
Harold makes an offer to Ike, but before Ike can accept, the state legislature passes a law that makes Harold's offer illegal. What is the effect of the new statute on the offer?
a. The statute automatically terminates the offer. b. The statute has no effect on the offer. c. The statute acts as a condition on the offer. d. The statute acts as a rejection of the offer by the offeree.