An interest rate swap allows an MNC to change the nature of its debt from a ________
A) fixed interest rate to a floating interest rate
B) local bank interest charge to a international bank interest charge
C) pegged currency exchange system to a floating currency exchange system
D) debt security to an equity security
Answer: A
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In a deductive message, the most important information should be
a. placed at the very end of the message. b. placed at the beginning of the message. c. placed in the middle of the message. d. placed in all sections of the message.
Which of the following is the best advice about résumé length?
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Which of the following is a requirement of Q systems?
A) perpetual inventory system B) constant order spacing C) variable lead time D) constant demand E) all of the above
Ace Investments, Inc., is the mortgagee for a warehouse owned by Best Storage, Inc. Ace obtains an insurance policy from Complete Insurance Corporation (CIC) to cover the warehouse. Best also obtains a policy from CIC to cover the warehouse. Later, Best sells the warehouse to Delta Company but keeps the policy. Delta also obtains a policy from CIC to cover the warehouse. Ace agrees to act as Delta's mortgagee. A fire totally destroys the warehouse. Who can recover for the loss?
What will be an ideal response?