Interest rate parity (IRP) states that the foreign currency's forward rate premium or discount is roughly equal to the interest rate differential between the United States and the foreign country
a. True
b. False
a
You might also like to view...
All of the following statements concerning appropriation of retained earnings are true EXCEPT
a. the practice of appropriating retained earnings is unusual today. b. stockholders generally expect all unappropriated retained earnings to be distributed in the form of dividends. c. it is necessary to advise balance sheet readers that retained earnings is not totally available for dividends. d. simply noting the restriction of retained earnings is not sufficient.
People generally send only one message at a time
Indicate whether this statement is true or false.
The incumbent management cannot issue additional shares in the market to defeat a hostile tender offer
Indicate whether the statement is true or false
While working part-time at a Supercorp restaurant, Jenna spills a bucket of hot french fries on a customer. Who is liable to the customer?
a. Supercorp alone. b. Jenna alone. c. Both Jenna and Supercorp. d. Jenna, Supercorp and the president of Supercorp. e. Jenna, Supercorp and the shareholders of Supercorp.