Author Question: All of the following are steps involved in basic currency swaps EXCEPT A) counterparties exchange ... (Read 93 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
All of the following are steps involved in basic currency swaps EXCEPT
 
  A) counterparties exchange the net interest at the end of the swap.
  B) the parties exchange principals in two currencies.
  C) the parties exchange periodic interest payments over the life of the agreement.
  D) the parties exchange the principal amount at the end of the agreement.

Question 2

Gelato ice cream maker shows the following on its balance sheet: revenue 200M, wages 100M, milk expenses 50M, strawberry purchases 5M, and taxes 25M. What is Gelato's contribution to GDP using the income approach?
 
  A) 100M
  B) 125M
  C) 145M
  D) 200M



dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

For a complete list of videos, visit our video library