Why did LTCM have difficulty raising its level of risk?
What will be an ideal response?
One reason LTCM had difficulty raising its level of risk was because it was engaged mainly in spread trades, which are inherently less risky than outright positions. The fund's size also worked against increasing the level of risk. LTCM's positions were so large that, when it bought or sold securities, market prices moved and eroded potential profits. As a result, LTCM took on smaller positions than it wanted because it could not be sure that positions could be liquidated at profitable rates.
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An investor found the following in an annual report: "The financial statements, in our opinion, present fairly the financial position, operating results, and cash flows, in conformity with accounting principles generally accepted in the United States." In which section of the annual report did the investor find this?
a. Balance Sheet b. Notes to the Financial Statements c. Management's Discussion and Analysis d. Report of the Independent Accountants
_____ technology enables one server to be virtually split into many addressable servers, each for a different client and with its own domain name.
Fill in the blank(s) with the appropriate word(s).
Explain the pricing strategy being implemented when a retail store places the store's generic brand items next to the national brand items when the national brand items have a slightly higher price than the generic brand item
Why would a retailer do this?
As a restaurant owner, you are submitting a proposal to a local radio station, offering to operate a concession stand during an all-day benefit to raise money for your city library. Which of the following would be an acceptable place to present the expected costs?
a. After the description of the purpose b. Nowhere in the proposal as the discussion would be held verbally c. As the conclusion d. After the main body of the proposal