Dell Computers invests excess cash balances overnight in a London bank to earn a higher interest rate than it could earn in a New York bank. Dell is most likely making a(n) ________

A) international currency investment
B) short-term portfolio investment
C) long-term portfolio investment
D) foreign direct investment

B

Business

You might also like to view...

The major element of the utilities expenditure is:

A. fuel (gas, oil, propane) b. electricity c. steam d. water and wastewater

Business

Incentives based on meeting strict quantitative targets is a common organizational requirement for which of Porter's generic competitive strategies?

A) cost leadership B) differentiation C) cost leadership focus D) differentiation focus E) collusion

Business