Which of the following is a use of a currency swap?
A. To exchange an investment in one currency for an investment in another currency
B. To exchange borrowing in one currency for borrowings in another currency
C. To take advantage situations where the tax rates in two countries are different
D. All of the above
D
A currency swap can be used for any of A, B, and C.
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For what reason would a company buy 10% of the common stock of a second company?
a. The company has idle cash and wishes to have a higher return than that available from temporary money market investments. b. The company wishes to insure a steady source of goods from the second company. c. The company wishes to prepare consolidated financial statements. d. More than one of the above is correct.
The insights gained from exploratory research might be verified or quantified by conclusive research
Indicate whether the statement is true or false
How do input-based definitions of high-tech differ from output-based definitions?
a. Input-based definitions are based on expert's input/opinion while output-based definitions are based on the type of product sold. b. Input-based definitions are post-hoc and output-based definitions omit some important new industries. c. Both input-based and output-based definitions provide solid ranking of high-technology industries. d. Input-based definitions are based on criteria such as the number of technical employees while output-based definitions are based on whether the product embodies leading-eduge technologies. e. Input-based definitions tend to be preferred to output based definition.
The U.S. Constitution requires that juries in serious criminal cases in state courts be composed of 12 persons
Indicate whether the statement is true or false