The following parties are usually guarantors in forfaiting EXCEPT:

A) commercial banks
B) government ministries of finance
C) large commercial enterprises
D) government banks

Answer: C

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Which forward rate cannot be computed from the one-, two-, three-, and four-year spot rates? The rate for a:

A. one-year loan beginning in two years. B. two-year loan beginning in two years. C. three-year loan beginning in two years.

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Aggregating the catalogs of all approved suppliers and combining them into a single electronic catalog is an effective solution for internal procurement because it minimizes maverick buying

Indicate whether the statement is true or false

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