The federal law that prohibits the denying of credit based on gender, age, race, national origin, religion, or marital status is the ________
Fill in the blank(s) with the appropriate word(s).
Answer: Equal Credit Opportunity Act
Business
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The U.S. dollar equivalent of one unit of a foreign currency is called the
A) base rate. B) counter rate. C) indirect rate. D) direct rate. E) spot rate.
Business
The ________ is cited by the author as a reason for using just one rate, a long-term yield, as the average cost of debt financing for a firm that has multiple issues of debt with varying maturities
A) efficient markets hypothesis B) market substitution theory C) biased expectation theory D) unbiased expectations theory
Business