In performance evaluations ________
A) managers should use the swap exchange rate prevailing at the end of a financial period
B) managers should use the average exchange rate prevailing at the end of a financial period
C) managers should use the exchange rate prevailing on the date the assets were acquired
D) managers should use the exchange rate prevailing at the end of a financial period
Answer: C
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If the insured and the beneficiary of the insured's life insurance policy both die simultaneously, the policy proceeds will be distributed
A) to the beneficiary's estate B) as if the insured had survived the beneficiary C) to the insured's next of kin D) according to the beneficiary's will"
If the average maturity of assets is 4 years and the average maturity of liabilities is 4 years, then the FI has no interest rate risk exposure.
a. true b. false