Self-management and self-discipline build self-confidence, a key quality for leadership

Two of your friends have just been hired into new managerial positions. You've read this textbook and want to give your friends advice on effective networking. You should tell your friends all of the following except:

a. Develop mentoring relationships with people at different levels of the hierarchy. b. The most important mentoring relationship your friends will have is the one they develop with their bosses. c. The relationships they develop with their peers can be some of the most rewarding mentoring relationships they will have. d. They should develop a network of developmental relationships

An interest rate swap has three years of remaining life. Payments are exchanged annually. Interest at 3% is paid and 12-month LIBOR is received. A exchange of payments has just taken place

The one-year, two-year and three-year LIBOR/swap zero rates are 2%, 3% and 4%. All rates an annually compounded. What is the value of the swap as a percentage of the principal when LIBOR discounting is used. A. 0.00% B. 2.66% C. 2.06% D. 1.06%