Suppose the selling price of one-month forward British pounds is $1.6036 per pound and the spot price of the pound is $1.6039. This means that there is an annual forward discount on the pound equal to 0.2 percent.
a. True
b. False
a. True
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Clark is a soft drink salesperson who is enrolled in a vocational technology program that meets at night. From time to time, he takes off most of the day before his night class meets in order to prepare assignments that are due that evening. From an ethical standpoint, it is correct to say that Clark is:
A. moonlighting. B. cheating. C. guilty of misrepresentation. D. misusing company assets. E. acting quite ethically.
A consumer is reading a magazine with an advertisement, but due to a loud sound he is distracted from reading the advertisement and is not able to grasp its key points
In the context of the communication process, this unplanned static or distortion is called ________. A) noise B) encoding C) feedback D) response E) decoding
The profit margin for Division B is 8% and the investment turnover is 1.20. What is the rate of return on investment for Division B?
A) 8% B) 6.7% C) 7.3% D) 9.6%
In most states, there is no lower age limit for testators as long as they understand the extent of their property
a. True b. False Indicate whether the statement is true or false