Which of the following statements is FALSE?
A) Forward rates tend not to be good predictors of future spot rates.
B) Given the risk associated with interest rate changes, corporate managers require tools to help manage this risk.
C) One of the most important tools to manage the risk of interest rate changes are interest rate forward contracts.
D) A spot rate is an interest rate that we can guarantee today for a loan or investment that will occur in the future.
D
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A) additive; inclusive B) intellectual; emotional C) stretching; contracting D) elastic; inelastic E) bundling; separating
A server is a device that provides services and resources to other devices, called ________
A) areas B) networks C) clients D) wires