________ seek to profit from trading in the market itself rather than having the foreign exchange transaction being incidental to the execution of a commercial or investment transaction
A) Speculators and arbitrageurs
B) Foreign exchange brokers
C) Central banks
D) Treasuries
Answer: A
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If cluster analysis is used as a general data reduction tool, subsequent multivariate analysis can be conducted on the clusters rather than on the individual observations
Indicate whether the statement is true or false
The Boston Consulting Group (BCG) matrix, _____ are companies that have a small share of a fast-growing market.
a. cash cows b. dogs c. stars d. question marks
Companies HD and LD have identical amounts of assets, investor-supplied capital, operating income (EBIT), tax rates, and business risk. Company HD, however, has a higher debt ratio than LD. Company HD's return on investors' capital (ROIC) exceeds its after-tax cost of debt, rd(1 - T). Which of the following statements is CORRECT?
A. Company HD has a higher return on assets (ROA) than Company LD. B. Company HD has a higher times interest earned (TIE) ratio than Company LD. C. Company HD has a higher return on equity (ROE) than Company LD, and its risk as measured by the standard deviation of ROE is also higher than LD's. D. The two companies have the same ROE. E. Company HD's ROE would be higher if it had no debt.
The only types of transactions covered under the Foreign Corrupt Practices Act are those that involve contracts with foreign governments
Indicate whether the statement is true or false