What is the main determinant of the variability of forward market returns?
What will be an ideal response?
The main and only determinant of the variability of forward market returns is the variance of the future exchange rate.
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Charmain was recently hired at the local television station to appear on the early and late news programs. It did not take long for her to realize that she was the “sidekick” of the male anchor and he was reported who read all the top stories of the day. Charmain was left with the “fluff” stories about the local ladies’ club and the cat that was stranded in a tree. This situation most likely exists because of the perception that men are the voice of which of the following?
A. authority B. democracy C. laissez-faire D. reason
Kaelyn is putting together a proposal on the budget and strategic plan that describes how the human resources department will contribute to the profitability of the organization. Kaelyn is using ______ skills to complete this task.
A. technical B. interpersonal C. conceptual and design D. business
A company paid $0.82 in cash dividends per share. Its earnings per share is $4.54 and its market price per share is $25.75. Its dividend yield equals:
A. 17.63%. B. 3.18%. C. 18.06%. D. 3.14%. E. 5.54%.
Fred is a concert violinist who is scheduled to perform at Carnegie Hall for the first time. He buys what he is told is a Stradivarius violin from a well-known, reputable dealer in quality violins, and he pays the going rate for a Stradivarius. He later learns the violin is an imitation, although it is a good imitation, which fooled even the dealer. In this case:
a. Fred has made a unilateral mistake and cannot void the contract. b. the dealer has committed fraud in the inducement. c. the sale is voidable by the purchaser for mutual mistake. d. the sale may be rescinded, because the dealer has made a nonfraudulent misrepresentation.