A number of financial instruments that are used in domestic financial management have been modified for use in international financial management

Examples are foreign currency options and futures, interest rate and currency swaps, and letters of credit.
Indicate whether the statement is true or false.


Answer: TRUE

Business

You might also like to view...

Explain how the characteristics of services affect the development and management of marketing mixes.

What will be an ideal response?

Business

The expected return on a riskless asset is greater than zero due to

A) an expected return for taxes. B) an expected return for opportunity costs. C) an expected return for delaying consumption. D) irrational investors who believe risk is always present.

Business

Although there is still much to be learned about how mobile advertising differs from other formats, initial findings indicate that advertising on mobile devices should

A. remain the same as a firm's advertising on any other format. B. focus on creativity. C. include a definitive story arc. D. maintain the look of traditional ads. E. avoid using video.

Business

Citibank has one group of loan officers who handle consumer loans and another group who work in the commercial loan area. Grouping work units this way is known as departmentalization by

A. function. B. customer. C. product. D. specialty. E. location.

Business