Although it may be treacherous at times, ________ can be a valuable communications vehicle

A) face-to-face communications
B) intranet communications
C) town hall meetings
D) the grapevine

D

Business

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Which one of the following is an advantage to the investor of a currency futures contract as compared to a forward contract?

A) more flexibility in contract size B) more liquidity when the investor wishes to sell the contract C) more currencies available D) more payment dates

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Which of the following will tend to increase transaction costs?

A) using a full service broker B) buying or selling shares through an on-line broker C) buying or selling more than 1000 shares in a single trade D) buying or selling at times when volume is high and the exchanges are busy

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