If the spot rate for the British pound is $1.5077 and the 180-day forward rate is $1.4934, what is the approximate annualized forward premium (discount)?

Businesses must maintain a single Accounts Receivable account regardless of the number of customers

Indicate whether the statement is true or false

What type of risk can be defined as the likelihood that a trading partner will opportunistically break a contract or expropriate property rights?

A. Political B. Legal C. Economic D. Sociological E. Cultural