Using the rule of 72, how long will it take $1,000 to double if you earn 6% interest per year?
A) 7.2 years
B) 12 years
C) 10 years
D) 6 years
E) Cannot calculate with information provided.
B
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A floating-for-fixed currency swap is equivalent to
A. Two interest rate swaps, one in each currency B. A fixed-for-fixed currency swap and one interest rate swap C. A fixed-for-fixed currency swap and two interest rate swaps, one in each currency D. None of the above
Which of the following is not one of the chief characteristics of an entrepreneur?
a. personal initiative b. ability to consolidate resources c. risk taking d. desire for control of people
A boundary often is called a subsystem
Indicate whether the statement is true or false
The competency suggested by ________ relates to the organizational and business processes of a firm.
A. boundary B. intention C. exchange D. resource