An investment today of $25,000 promises to return $10,000 annually for the next three years. What is the approximate real rate of return on this investment if inflation averages 6 percent annually during the period?

As a foreign exchange trader for JPMorgan Chase, you have just called a trader at UBS to get quotes for the British pound for the spot, 30-day, 60-day, and 90-day forward rates

Your UBS counterpart stated, "We trade sterling at $1.7745-50, 47/44, 88/81, 125/115 ." What cash flows would you pay and receive if you do a forward foreign exchange swap in which you swap into £5,000,000 at the 30-day rate and out of £5,000,000 at the 90-day rate? What must be the relationship between dollar interest rates and pound sterling interest rates?

"Buying off" the leaders of a resistance group by giving them a key role and seeking their advice not to find a better solution but to get their endorsement is an example of ________

A) coercion B) cooptation C) procedural fairness D) distributive bargaining E) operant conditioning