A swap designed to compensate for mismatched securities is a type of __________ called a __________ swap
A) speculation; currency
B) speculation; generic
C) hedging; London
D) hedging; plain vanilla
D
Economics
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How can a firm be made better off by limiting its options?
What will be an ideal response?
Economics
Suppose purchasing power parity exists in the car stereo market in the United States and Australia. If a car stereo costs $230 in the United States and the exchange rate is $1 = $AUD1.67, the same car stereo may be purchased in Australia for approximately:
a. $AUD 138. b. $AUD 230. c. $AUD 2,300. d. $AUD 384. e. $AUD 108.
Economics