Information must be real-time, not just current
Indicate whether the statement is true or false
True
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Which of the following is NOT common concluding pitfall?
a. Ending abruptly b. Being long-winded c. Being concise d. Introducing new ideas
As output increases variable cost per unit will also increase
Indicate whether the statement is true or false
?Lower-grade bonds offer higher returns than high-grade bonds because of:
A. ?their increase in coupon interest rate over the life of the bonds. B. their higher risk and more restricted market.? C. their maturity value being higher than the market value.? D. their attractive returns to risk-averse investors.? E. ?their tax-free returns and no capital gain tax liability.
Assume the current U.S. dollar-British spot rate is 0.6993£/$. If the current nominal one-year interest rate in the U.S. is 5% and the comparable rate in Britain is 6%, what is the approximate forward exchange rate for 360 days?
A) £1.42/$ B) £1.43/$ C) £0.6993/$ D) £0.7060/$