Accountants like to value a derivatives portfolio at
A. The bid price
B. The offer price
C. The exit price
D. Original cost less depreciation
C
Accountants like to value a derivatives position at the exit price. This is the price at which the bank could trade out of the position or enter into an offsetting transaction.
You might also like to view...
A unique selling proposition does not require support or substantiation, because it is so similar to hyperbole
Indicate whether the statement is true or false
Name the three common grand strategies and provide an example of how a company might use each.
What will be an ideal response?
Limiting adjectives describe, or provide a better picture or more details, about the nouns or pronouns they modify
Indicate whether the statement is true or false
Nonprofit organizations need to use the value stakeholders associate with the organization to raise the funds and support required to accomplish its mission. It is easier for a nonprofit organization to do this if
A. it has low brand equity. B. it is relatively unknown. C. it has high brand equity. D. its brand is similar to that of its competitors. E. it is relevant to only a small, focused group of consumers.