Which of the following describes a 3-month overnight indexed swap (OIS)?
A. A fixed rate is exchanged for the overnight rate every day for three months
B. LIBOR is exchanged for the overnight rate every day for three months
C. The arithmetic average of overnight rates is exchanged for a fixed rate at the end of three months
D. The geometric average of overnight rates is exchanged for a fixed rate at the end of three months
D
The OIS rate is the rate exchanged for the geometric average of overnight rates. In the U.S. the overnight rate is the fed funds rate
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The American Marketing Association's definition of marketing stresses that the function of marketing should be to create a sale that generates high profits for the firm
Indicate whether the statement is true or false
It is necessary to report both the cost and the accumulated depreciation of plant assets in the financial statements.
Answer the following statement true (T) or false (F)
____ decides whether a company should borrow money or issue stock as a way to raise capital
A) Human resource manager B) Operations/production manager C) Finance manager D) Marketing manager
Which of the following is considered an unstructured decision or strategic decision?
A. Creating the employee weekly staffing schedule B. Reordering inventory C. Deciding to enter a new market D. Creating the employee weekly production schedule