The prices at which the currency of one country can be converted into the currencies of other countries are known as _____.?

A. ?procurement prices
B. ?political risk costs
C. ?exchange rates
D. ?conversion costs
E. ?transfer prices


Answer: C

Business

You might also like to view...

All marketing strategy is built on segmentation, targeting, and positioning

Indicate whether the statement is true or false

Business

What is the main purpose of using foreign keys in a relational database design?

A. It provides useful financial data value in the table. B. It is used to link tables. C. It is required in all tables. D. None of these choices is correct.

Business

Research over the past 100 years on leadership traits ______.

A. has clear and unambiguous findings B. has produced a definitive list of traits C. has described leader traits that are common to all situations D. has failed to produce a definitive list of traits

Business

Kessen Inc.'s bonds mature in 7 years, have a par value of $1,000, and make an annual coupon payment of $70. The market interest rate for the bonds is 8.5%. What is the bond's price?

A. $923.22 B. $946.30 C. $969.96 D. $994.21 E. $1,019.06

Business