Which of the Following Lists of Exchange Rates Is Arranged

question 131

Multiple Choice

Which of the following lists of exchange rates is arranged in proper historical order?

• A)Bretton Woods system, gold standard, managed float
• B)gold standard, managed float, Bretton Woods system
• C)managed float, Bretton Woods system, gold standard
• D)gold standard, Bretton Woods system, managed float

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Definitions:

Simulation Analysis

Simulation analysis involves using a model to estimate how uncertain variables in a financial or project plan might affect outcomes, helping in assessing risk and making decisions.

Risk-adjusted Discount Rate

A discount rate that has been altered to account for the risk of the cash flows, used in capital budgeting to reflect the project's risk.

Net Present Value (NPV)

A method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Internal Rate of Return (IRR)

The specific rate at which the net present value of a project's cash flows equals zero.