Which of the following can be described as involving indirect finance?
A) A corporation takes out loans from a bank.
B) People buy shares in a mutual fund.
C) A corporation buys commercial paper in a secondary market.
D) All of the above.
E) Only A and B of the above.
E
Business
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A beneficiary decides to take the option that will pay the largest amount per payment, knowing after death no monies will be paid out to any descendents. The settlement option is:
A. Life Guaranteed B. Life with Period Certain C. Life Income (Straight Life) D. Life Refund Income
Business
The currency fluctuations in global markets have a big impact on international transactions. What actions can be adapted if the domestic currency is strong?
What will be an ideal response?
Business