To determine the slope of a nonlinear function at a point, we must find the slope of a line tangent to the point
Indicate whether the statement is true or false
TRUE
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E-mation entered into a contract with a consumer, Ezra, a recent immigrant to the United States, who spoke very little English, and had no formal education. The contract provided for Ezra to pay $2500 for a computer system. The system was worth $400 . If E-mation sued Ezra for enforcement the contract, what is the most likely result?
a. The contract is enforceable because of usury statues. b. The contract is unenforceable because it is ancillary to a legitimate bargain. c. The contract is enforceable because of the exculpatory clause. d. The contract is unenforceable because it is unconscionable.
The consumer movement exists because consumers want to be treated fairly and honestly in the marketplace. Outline and explain the additional reasons for the existence of the consumer movement.
What will be an ideal response?
Unsystematic risk
A) is also known as nondiversifiable risk. B) can be diversified away. C) is system-wide risk. D) is equal to 2 times the systematic risk.
As a foreign exchange trader for JPMorgan Chase, you have just called a trader at UBS to get quotes for the British pound for the spot, 30-day, 60-day, and 90-day forward rates
Your UBS counterpart stated, "We trade sterling at $1.7745-50, 47/44, 88/81, 125/115 ." What cash flows would you pay and receive if you do a forward foreign exchange swap in which you swap into £5,000,000 at the 30-day rate and out of £5,000,000 at the 90-day rate? What must be the relationship between dollar interest rates and pound sterling interest rates?