In a bilateral contract, communication of acceptance is necessary

Indicate whether the statement is true or false


True

Business

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Another term for the all-channel communication network is ______.

A. wheel B. circle C. star D. Y-pattern

Business

A sight draft that arises when a seller extends credit to a buyer with the sale of goods is known as a ________

A) check B) time draft C) trade acceptance D) demand draft

Business

Because job competition is stiff, you must have a customized résumé. Having a customized résumé means that you A) prepare a special résumé for every position you want

B) add pictures, color, and other graphics on the résumé. C) hire a professional résumé preparation company to review and refine your basic résumé and then "dress it up." D) include your personal information such as height, weight, and ethnicity.

Business

A portfolio is worth $24,000,000 . The futures price for a Treasury note futures contract is 110 and each contract is for the delivery of bonds with a face value of $100,000

On the delivery date the duration of the bond that is expected to be cheapest to deliver is 6 years and the duration of the portfolio will be 5.5 years. How many contracts are necessary for hedging the portfolio? A. 100 B. 200 C. 300 D. 400

Business