The financial innovation of numerical credit scoring contributed to the ________
A) "democratization of credit"
B) reduction of loan-to-value ratios
C) "depersonalization of credit"
D) reduction of information asymmetries
A
Economics
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The strike price of a put option for a particular stock is $48. If the stock is selling for $45 on the expiration date, a put option on this stock has an intrinsic value of __________ per share
A) $48 B) $45 C) $3 D) $0
Economics
When an economy is closely tied to another, larger economy, floating exchange rates are usually desirable
Indicate whether the statement is true or false
Economics