The so-called G-8 is one group that sometimes influences the exchange rates between major currencies. For example, in 2000 the G-8 governments agreed to sell U.S. dollars in order to:
A. Counter the depreciation of the euro
B. Counter the depreciation of the U.S. dollar
C. Support the appreciation of the Swiss franc
D. Support the appreciation of the Japanese yen
A. Counter the depreciation of the euro
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Which of the following statements regarding principal-agent relations is CORRECT?
A) Workers are principals for managers. B) Stockholders are agents. C) Managers are both principals and agents. D) All of the above answers are correct.
Dividend yield is:
a. the annual dividend payment per share. b. the annual dividend per share divided by the price of each share. c. the current stock price divided by the dividend per share. d. the year-on-year change in the annual dividend payment. e. the dollar value change in the stock price from the previous day's closing price.