What is a macrohedge?
a. It is a hedge of the bank's aggregate portfolio.
b. It is a hedge using just one type of futures contract.
c. It is the hedge of a specific asset or liability for which the bank is exposed to interest rate risk.
d. It is a hedge using two or more types of futures contracts.
e. It is a has that has a duration of less than one month.
a
You might also like to view...
Workers who cross a picket line to work during a strike, and then continue in their positions after the strike ends are known as _______________________________.
Fill in the blank(s) with the appropriate word(s).
Much of Google's success is based on the ten guidelines of its corporate philosophy. Guideline 10 states, "________ just isn't good enough."
A. Satisfying customers B. Great C. Second D. Beating Apple E. Making money
Commercial leases in existence before the property is constructed: A) Are valid leases
B) Are void. C) Are voidable. D) None of the above
Assume that Omicron uses the entire $50 million in excess cash to pay a special dividend. The amount of the regular yearly dividends in the future is closest to ________
Omicron Technologies has $50 million in excess cash and no debt. The firm expects to generate additional free cash flows of $40 million per year in subsequent years and will pay out these future free cash flows as regular dividends. Omicron's unlevered cost of capital is 8% and there are 10 million shares outstanding. Omicron's board is meeting to decide whether to pay out its $50 million in excess cash as a special dividend or to use it to repurchase shares of the firm's stock. A) $3.20 B) $4.80 C) $4.00 D) $8.00