Which one of the following is the only determinant of volatility in the forward currency markets?
A) interest rate parity
B) economic recovery
C) political turmoil
D) variance of the future exchange rates
Answer: D
Business
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The term used to describe plans in which automobile insurers participate to make insurance available to drivers unable to obtain coverage in the standard market is the
A) foreign market. B) fair market. C) residual (shared) market. D) high-premium market.
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According to the __ hypothesis, short-term assets should be financed with short-term capital and long-term assets with long-term capital
a. maturity matching b. hedging c. risk-return d. capital asset
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