If an investor can obtain more of a foreign currency for a dollar in the forward market than in the spot market, then the forward currency is said to be selling at a discount to the spot rate.

Answer the following statement true (T) or false (F)


True

Business

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If Acme Global hired 10 new employees last year and at the beginning of this year six were promoted and two left the company, what is the new hire turnover ratio?

A. 60 percent B. 33 percent C. 80 percent D. 40 percent E. 20 percent

Business

Any change in its beta is likely to affect the required rate of return on a stock, which implies that a change in beta will likely have an impact on the stock's price, other things held constant.

Answer the following statement true (T) or false (F)

Business

Decoupling points are those connections that are decoupled when a patient is removed from life support.

Answer the following statement true (T) or false (F)

Business

Linda assigns to Ben a right to receive rent payments. In terms of Linda's warranty as the assignor, the law implies which of the following?

A. that the tenant is solvent B. that Linda actually has a right to the rental payments C. that the tenant will actually pay D. No warranties are implied by law in an assignment.

Business