What is a dual-currency bond?

What will be an ideal response?


Dual-currency bonds are issued in one currency and pay interest in that currency, but the final principal payment is denominated in another currency.

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Crawford Company's current ratio for Year 2 was 1.42, which was slightly above the current ratio for similar companies in its industry. Crawford's quick ratio for Year 2 was 0.68, which is substantially lower than for similar companies in its industry. What conclusion would you draw based on this information?

What will be an ideal response?

Business

A(n) ____________________ clause in a lease obligates the tenant to pay any increase in real estate taxes assessed against the leased premises

Fill in the blank(s) with correct word

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Acme, Inc., produces widgets. To manufacture a new type of widget, it took 50 hr for the first widget. Acme estimates it has an 85% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 50th widget.

A. 20.00 hr B. 18.25 hr C. 17.66 hr D. 22.45 hr

Business

An alternative corporate structure for U.S. banks that operate overseas is the Edge Act corporation, a special subsidiary engaged primarily in international banking

Indicate whether the statement is true or false

Business