Which of the following has the least interest rate risk?
A) an AT&T bond maturing in 15 years
B) a 15-year U.S. Treasury bond
C) a six-month unsecured promissory note from International Harvester
D) an eight-year investment certificate from a federally insured bank
Question 2
A U.S.-based multinational corporation has 100 owned subsidiary in Argentina. The subsidiary
operates only domestically, that is, all transactions occur within Argentina. Therefore, the U.S.
multinational corporation
A) is exposed to translation risk only.
B) is most concerned with transactions exposure.
C) is not exposed to exchange rate risk because the subsidiary operates 100 domestically.
D) is exposed to both translation exposure and economic exposure.
(a) The site of Zhoukoudian outside of Beijing, China, spans several hundred thousand years and (b)
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
The Risk of Nuclear Power
Beak size in finches during dry years increases because of strong selection