A ________ strategy replicates the forward contract by borrowing in one currency, converting to the other currency and investing in the new currency

A) cash-and-carry
B) futures
C) forward
D) none of the above

Answer: A

Business

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Cash inflows or outflows from investing activities would involve all of the following except:

A. The proceeds from the sale of equipment B. The receipt of interest income on short-term investments C. The purchase of marketable securities D. The purchase of buildings

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A type of lease that allows the lessor to share in the increasing sales generated by a retail property is a/an:

A. percentage lease B. graduated lease C. index lease D. net lease

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