What is the structure of the foreign exchange market? Is it like the New York Stock Exchange?
What will be an ideal response?
The interbank foreign exchange market is a very large, diverse, over-the-counter market, not a physical trading place where buyers and sellers gather to agree on a price to exchange currencies. Traders, who are employees of financial institutions in the major financial cities around the world, deal with each other primarily over the phone or via computer, with written or formal electronic confirmations of transactions occurring only later.
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Which one of the following is not considered to be a cash equivalent?
a. Corporate commercial paper due in 90 days after purchase b. U.S. Treasury bills with an original maturity of six months c. A money market account with a stock brokerage firm d. A certificate of deposit with a term of 75 days when acquired
Trend analysis is a form of horizontal analysis that can reveal patterns in data across successive periods.
Answer the following statement true (T) or false (F)
What are the three components of active listening?
What will be an ideal response?
An example of a pricing objective is to
a. ignore long-term pricing strategies in favor of short-term profits. b. increase market share irrespective of the cost of a product. c. maintain a price that is always under that of the competition. d. maintain a minimum rate of return.