Use interest rate parity to answer this question. A U.S. investor has a choice between a risk-free one-year U.S. security with an annual return of 4%, and a comparable British security with a return of 5%
If the spot rate is $1.43/£, the forward rate is $1.44/£, and there are no transaction costs, the investor should invest in the U.S. security.
Indicate whether the statement is true or false.
Answer: FALSE
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Functional strategy is a strategy that ______.
A. attempts to address the fundamental question of what industries and markets the organization should enter and compete in B. attempts to address the fundamental question of how a company can compete in a particular industry C. attempts to address the fundamental question of how to manage a particular function D. attempts to address the fundamental question of what advertising strategy to follow
________ is the level of consistency of a research measurement
A) Flexibility B) Validity C) Responsiveness D) Reliability E) Representativeness
Burnett defines ______ as “a name, term, sign, symbol, or design” that differentiates good.
A. goal B. brand C. strategy D. objective
In addition to measuring financial performance, the triple bottom line measures ______ and ______ responsibilities.
A. civic; future B. social; spiritual C. social; environmental D. environmental; sustainability