Refer to Instruction 8.1. Which strategy (strategies) will eliminate credit risk?

A) Strategy #1
B) Strategy #2
C) Strategy #3
D) Strategies #1 and #2


Answer: D

Business

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In consumer product companies such as P&G or Nike, the sales force works directly with customers

Indicate whether the statement is true or false

Business

Which of the following is a characteristic of a derivative?

a. has one or more underlyings b. has one or more notional amounts c. exchanging of promises with a counterparty d. all of the above e. none of the above

Business

A bond sells at a discount when the:

A. Bond has a short-term life. B. Contract rate is below the market rate. C. Contract rate is above the market rate. D. Bond pays interest only once a year. E. Contract rate is equal to the market rate.

Business

In order for a corporation to be legally formed the owners have to register the name and articles of incorporation and meet statutory requirements. 

Answer the following statement true (T) or false (F)

Business