Prior to the credit crisis that started in 2007 which of the following was used by derivatives traders for the discount rate when derivatives were valued
A. The Treasury rate
B. The LIBOR rate
C. The repo rate
D. The overnight indexed swap rate
B
Derivatives markets used LIBOR as the discount rate pre-crisis.
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According to the text, the qualifications and rewards of an effective sales incentive program should be set with the following objective in mind:
a. set the reward level so that all salespeople having an opportunity to win the top prize. b. set the reward level so that only the top ten percent have a legitimate chance to win something. c. set the reward level to have one or two grand prizes that the top salespeople will have an opportunity to win. d. set the reward level that will motivate the middle 60 percent of the sales force. e. Set the reward level so that the contest lasts for at least one full year.
TCP/IP has emerged as the network model of choice for LANs as well as WANs
Indicate whether the statement is true or false