What is the structure of the foreign exchange market? Is it like the New York Stock Exchange?
What will be an ideal response?
The interbank foreign exchange market is a very large, diverse, over-the-counter market, not a physical trading place where buyers and sellers gather to agree on a price to exchange currencies. Traders, who are employees of financial institutions in the major financial cities around the world, deal with each other primarily over the phone or via computer, with written or formal electronic confirmations of transactions occurring only later.
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The majority of community and cause-related efforts supported by firms are intended to help the public and to ________
A) support employee causes B) increase employee retention C) promote the firm D) raise firm standards E) meet the firm's mission
A common stock with an expected dividend growth rate of zero would be valued in the same way
as preferred stock, that is, the expected dividend divided by the required return. Indicate whether the statement is true or false