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 94 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?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

The mammalian heart and the route blood takes through it. The mammalian heart and the route blood takes through it.
Applying a time strip to the IV container. Applying a time strip to the IV container.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
To use a battery charger, make sure the charger is connected to the battery before plugging in the ... To use a battery charger, make sure the charger is connected to the battery before plugging in the ...
Apply circular friction and direct pressure to suboccipital muscles one side at a time.Turn head to ... Apply circular friction and direct pressure to suboccipital muscles one side at a time.Turn head to ...
Press into points along the neck with your thumb, one side at a time. Apply circular friction to ... Press into points along the neck with your thumb, one side at a time. Apply circular friction to ...
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library