A contract, traded on an exchange, that allows a company to buy a specified quantity of a commodity or a financial security at a specified price on a specified future date is referred to as a(n)
a. interest rate swap.
b. forward contract.
c. futures contract.
d. option.
C
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Audit data standards (ADS) are standards for data files and fields typically needed to support an external audit in a given financial business process area.
Answer the following statement true (T) or false (F)
Primary research is original research involving all of the following EXCEPT
a. using your knowledge and experiences. b. conducting surveys. c. interviewing credible sources. d. using library sources.
The PMO will also have to make sure that ________ are in key positions
A) salespeople B) individual contributors C) team players D) executives
Friar Corp. sells two products. Product A sells for $100 per unit, and has unit variable costs of $60. Product B sells for $70 per unit, and has unit variable costs of $50. Currently, Friar sells three units of product B for every one unit of product A sold. Friar has fixed costs of $750,000. What is Friar's break-even point in units?
A. 15,000 units of A and 15,000 units of B B. 30,000 units of A and 30,000 units of B C. 7,500 units of A and 22,500 units of B D. 22,500 units of A and 7,500 units of B