This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A security is considered liquid if it can be sold, regardless of the time it takes to make the sale. ... (Read 84 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jul 10, 2018
A security is considered liquid if it can be sold, regardless of the time it takes to make the sale.
 
  Indicate whether the statement is true or false

Question 2

The direct quote in New York is .015 dollar per Pakistani rupee. The direct quote in Pakistan is 60
  rupees per dollar. This imbalance in rates can be corrected by arbitrage.
 
  A trader will ________
  rupees in New York and ________ rupees in Pakistan, causing the direct quote in New York to
  ________.
  A) sell; buy; decrease B) buy; sell; increase
  C) sell; buy; increase D) buy; sell; decrease


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bimper21

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


bobbie

  • Hero Member
  • *****
  • Posts: 592
Reply #2 on: Jul 10, 2018
Thank you


bimper21

  • Sr. Member
  • ****
  • Posts: 309
Reply #3 on: Jul 10, 2018
No problemo


« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

René Descartes (1596–1650). French philosopher considered the founder of modern philosophy. A ... René Descartes (1596–1650). French philosopher considered the founder of modern philosophy. A ...
Older adulthood can be a time of independence and exploration as responsibilities diminish and the ... Older adulthood can be a time of independence and exploration as responsibilities diminish and the ...
Every society has boundaries that divide what is considered socially acceptable from what is not ... Every society has boundaries that divide what is considered socially acceptable from what is not ...
The arrangement of water molecules in (a) solid ice, and (b) liquid water. The arrangement of water molecules in (a) solid ice, and (b) liquid water.
Different time courses of hypersensitivity reactions. Different time courses of hypersensitivity reactions.
Disitive Time For Vegetables Disitive Time For Vegetables
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library