The difference between the interest rate that a bank charges on its loans and the interest rate that the banks pay their depositors is known as the

A) percent spread.
B) arbitrage opportunity.
C) bid-ask spread.
D) covered interest arbitrage opportunity.


Answer: C

Business

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________ are also referred to as corporate entrepreneurs.

A. Franchisors B. Intrapreneurs C. Knowledge workers D. Franchisees E. Sole proprietors

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All major decisions and authority are under the control of the project manager in a:

A) Matrix structure. B) Functional structure. C) Project structure. D) Process structure.

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Which of the following is NOT a disadvantage of a sole proprietorship as a form of business organization compared to the corporate form of business organization?

A) Access to the capital markets B) Unlimited liability of the owners C) Subject to the double taxation D) Limited liability of the shareholders

Business

According to Kay Kendall and Glenn Bodison, which of the following "conditions of collaboration" refers to believing in the inherent worth of another person?

a. Respect b. Values c. Trust d. Purpose

Business