A firm with fixed-rate debt that expects interest rates to fall may engage in a swap agreement to:
A) pay fixed-rate interest and receive floating rate interest.
B) pay floating rate and receive fixed rate.
C) pay fixed rate and receive fixed rate.
D) pay floating rate and receive floating rate.
Answer: B
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MSU, a national electronics company based in Europe signed an agreement with their home country to actively recruit more women. In return MSU received preferential access to government contracts. Which affirmative action strategy was employed here?
a. Placing requirements on the composition of the public workforce b. Compensation of population groups who have previously been discriminated against c. Encouraging private businesses to actively recruit and promote employees d. There was no strategy, this is just an institutionalized practice
“Crashing” a project ______.
a. is speeding up a project’s activities to accelerate its completion b. is equivalent to cancellation of a project c. is the unexpected termination of a project due to an external event (e.g., a natural disaster) d. is the unexpected termination of a project due to an internal event (e.g., poor management)
Jane and Walt form Yellow Corporation. Jane transfers equipment worth $950,000 (basis of $200,000) and cash of $50,000 to Yellow Corporation for 50% of its stock. Walt transfers a building and land worth $1,050,000 (basis of $400,000) for 50% of Yellow's stock and $50,000 in cash.
A. Jane recognizes no gain; Walt recognizes gain of $50,000. B. Jane recognizes a gain of $50,000; Walt has no gain. C. Neither Jane nor Walt recognizes gain. D. Jane recognizes a gain of $750,000; Walt recognizes gain of $650,000. E. None of these.
Data mining is a tool for allowing users to
A) quickly compare transaction data gathered over many years. B) find hidden relationships in data. C) obtain online answers to ad-hoc questions in a rapid amount of time. D) summarize massive amounts of data into much smaller, traditional reports. E) access the vast amounts of data in a data warehouse.