A series of 1-year interest rate caplets for 4 years have values of $0.05, $0.07, $0.08, and $0.10, respectively. What is the value of a 3-year interest rate cap?

A) $0.08
B) $0.12
C) $0.20
D) $0.30


C

Business

You might also like to view...

When Procter and Gamble introduces a new laundry detergent with a different brand name, it is an example of creating a:

A) family brand B) cooperative brand C) co-brand D) flanker brand

Business

Electro Locomotors (EL) Inc engages in the manufacture, distribution, and marketing of custom vehicles in Brazil. Bono, a hybrid car brand that the company produces, is a market leader in the hybrid vehicles segment

With the increased global focus on nature-friendly vehicles and governmental subsidies for companies that manufacture hybrid vehicles, competition has increased for flex-fuel cars like Bono. The heads of the R&D team at EL are in a creative session to generate ideas for improvements to Bono. They consider each part of the car and discuss the possibilities of improvements in each of them. Identify the creativity technique used here. A) attribute listing B) forced relationship analysis C) morphological analysis D) reverse assumption analysis E) mind mapping

Business

In Japan, person-based factors (seniority, ability, and performance) carry important weight in setting base pay.

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

Business

Without creating a separate business organization, Reynold starts up, and assumes the financial risk of, Sole Savers, a new, pre-owned auto sales enterprise. Reynold is? A) a partner

B) a franchisor. C) a franchisee. D) a sole proprietor.

Business