You wish to create a synthetic forward rate agreement in which you would lock in a return between 150 and 310 days. The price of a 150-day zero coupon bond is 0.9823 and the price of 310-day zero coupon bond is 0.9634
What is the approximate yield on the synthetic FRA?
A) 1.8%
B) 2.0%
C) 2.9%
D) 3.8%
B
Business
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During which stage of the business buying decision process is a buyer most likely to conduct value analysis by carefully studying components to determine if they can be redesigned, standardized, or made less expensively?
A) general need recognition B) product specification C) proposal solicitation D) order-routine specification E) performance review
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Uncertainty avoidance refers to the extent to which people in a society feel threatened by ambiguous situations
Indicate whether the statement is true or false
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