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Author Question: Monthly interest on a loan is equal to ________. A) the beginning balance times the APR B) the ... (Read 20 times)

Metfan725

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on: Jul 10, 2018
Monthly interest on a loan is equal to ________.
 
  A) the beginning balance times the APR
  B) the ending balance times the annual percentage rate
  C) the ending balance times the periodic interest rate
  D) the beginning balance times the periodic interest rate

Question 2

Exchange rate risk is highest for companies with
 
  A) international trade contracts denominated in the domestic currency.
  B) investment portfolios that contain foreign securities.
  C) international trade contracts denominated in the foreign currency.
  D) direct foreign investments in foreign subsidiaries.


makaylafy

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: D

Answer to Question 2

D


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