Dealers in the foreign exchange departments of large international banks often function as "market makers."
Such dealers stand willing at all times to buy and sell those currencies in which they specialize and thus maintain an "inventory" position in those currencies.
Indicate whether the statement is true or false.
Answer: TRUE
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Through what process does the Regional Greenhouse Gas Initiative (RGGI) seek to reduce greenhouse emissions?
a. a cap-and-trade system b. a requirement for regular introduction of energy-efficient machinery c. governmental fines for use of fossil fuels d. tax incentives for GHG reductions
A corporation issues for cash $15,000,000 of 8%, 30-year bonds, interest payable annually, at a time when the market rate of interest is 9%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the following statements is true?
A) The amount of annual interest paid to bondholders remains the same over the life of the bonds. B) The amount of annual interest expense decreases as the bonds approach maturity. C) The amount of annual interest paid to bondholders increases over the 30-year life of the bonds. D) The carrying amount decreases from its amount at issuance date to $15,000,000 at maturity.
Amy spends very little time to shop for bath soaps and beauty creams as she uses only the products offered by Eve's Aura, a manufacturer of bath and beauty products. As Eve's has a wide distribution network, its products are available in almost every retail outlet in Amy's locality. In this scenario, the bath and beauty products from Eve's Aura are examples of__________ products.
Fill in the blanks with correct word.
Cody is in a group meeting with Charlotte and a few other employees to talk about improving sales. Charlotte seems to have a lot to share and takes up most of the meeting time. Normally Cody speaks up with his ideas, but since Charlotte has taken the floor he holds back. Cody is a good example of showing a high degree of what type of personality dimension?
a. Self-monitoring b. Proactive personality c. Machiavellianism d. Locus of control