If a financial manager earning interest on a future date were to buy Futures and interest rates end up going up, the position outcome would be:
A) Futures price falls; short earns a profit.
B) Futures price rises; short earns a loss.
C) Future price falls; long earns a loss.
D) Futures price rises; long earns a profit.
Answer: C
You might also like to view...
If there are too few respondents in the lowest income category, this category may be combined or merged with the next lowest category. This is known as ________
A) recombining B) replication C) returning D) resetting E) recoding
Disadvantages of the virtual team to individual members include all of the following EXCEPT:
a. decreased performance. b. increased miscommunication. c. increased conflict. d. isolation.
Cody believes that Delta Corporation has dis-criminated against him on the basis of gender. Cody files a suit against Delta under Title VII. To es-tablish a primafacie case of employment discrimi-nation, Cody must show that
a. Cody is a member of a protected class. b. Delta has no legal defenses against the claim. c. discriminatory intent motivated Delta's act. d. other firms in Delta's industry have committed discriminatory acts.
In computing the standard error of the mean, the finite population correction factor is NOT used when _____
a. n/N > 0.05 b. N/n ? 0.05 c. n/N ? 0.05 d. n ? 30