A(n) ____ is an arrangement by which two parties exchange one currency for another and agree that the exchange will be reversed at a stipulated date in the future.

a. arbitrage
b. swap
c. option
d. hedge


b. swap

Business

You might also like to view...

Ginger Company claims its financial information is useful. What two qualities must be present in order to have "useful" accounting information? Explain these two qualities

Business

Sometimes a(n) _____ is automatically created using data, such as the date and time of a transaction or the name or password of the user updating the file.

A. atomic transaction B. audit trail C. denial of service D. global transaction

Business

Discuss steps to follow when developing a termination message

What will be an ideal response?

Business

According to the Federal Trade Commission, what is the largest type of consumer fraud?

a. Identity theft b. Ponzi scheme c. Magazine fraud d. Telephone fraud

Business