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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