Which of the following is true?
A. Risk neutral default probabilities are usually much lower than real world default probabilities
B. Risk neutral default probabilities are usually much higher than real world default probabilities
C. Risk neutral and real world probabilities must be close to each other if there are to be no arbitrage opportunities
D. Risk-neutral default probabilities cannot be calculated from CDS spreads
B
Risk neutral default probabilities are usually greater than real world default probabilities.
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Michael is the CEO of a company that is expanding overseas. He considers introducing a cafeteria-style benefits plan to cater to the company's diverse workforce. However, the HR team brings up the concern of higher expenses involved in this type of benefits. What is Michael likely to do to lower costs at the initial stage?
A. discourage employees from choosing lower-cost options B. use software packages to design the plan C. opt for communication methods that do not stress the value of each benefit D. avoid standardized plans available for employers opting for cafeteria-style benefits E. encourage employees to choose benefits they need the most
Who developed a model of emotionally intelligent leadership?
A. Shankman and Allen B. Judge et al. C. Jung and Sosik D. Zaccaro
Which of the following is a governmental audit type that has a primary concern with providing reasonable assurance about whether financial statements are presented fairly?
A. Performance Audit. B. Financial Audit. C. Attestation Engagement. D. Nonaudit services.
Growing Green, a U.S. company that markets organic and environmentally friendly gardening and landscaping supplies and equipment, wants to expand the business internationally
Growing Green managers are currently examining the rules imposed by the WTO and the agreements made by NAFTA and the EU. In which stage of the international marketing process is Growing Green? A) deciding on the global pricing strategies B) deciding which markets to enter C) deciding how to enter the market D) deciding on the global marketing program E) looking at the global marketing environment