Due to ____, market forces should realign the spot rate of a currency among banks
a. forward realignment arbitrage
b. triangular arbitrage
c. covered interest arbitrage
d. locational arbitrage
d
Business
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Indicate whether the statement is true or false
Business
The cost-adjusted-to-market method of accounting for investments is used when the investment is
a. controlling. b. influential and noncontrolling. c. noninfluential and controlling. d. noninfluential and noncontrolling.
Business
What are a payor bank's rights to subrogation upon an improper payment of an instrument?
Business
The rate of return on total assets measures a company's success in using its assets to earn a profit
Indicate whether the statement is true or false
Business