Exhibit 23.2 Use the Information Below for the Following Problem(S)

question 8

Multiple Choice

Exhibit 23.2
Use the Information Below for the Following Problem(S)
Darden Industries has decided to borrow $25,000,000.00 for six months in two three-month issues. As the Treasurer, you are concerned that interest rates will rise over the next three months and the rate upon which the second payment will be based will be undesirable. (The amount of Darden's first payment will be known at origination.) To reduce the company's interest rate exposure, you decide to purchase a 3 × 6 FRA whereby you pay the dealer's quoted fixed rate of 4.5% in exchange for receiving 3-month LIBOR at the settlement date. In order to hedge her exposure, the dealer buys LIBOR from McIntire Industries at its bid rate of 4%. (Assume a notional principal of $25,000,000.00 and that there are 60 days between month 3 and month 6.)
-Refer to Exhibit 23.2.Assuming that 3-month LIBOR is 5.00% on the rate determination day,and the contract specified settlement in arrears at month 6,describe the transaction that occurs between the dealer and McIntire.

• A) The dealer is obligated to pay McIntire $62,500.
• B) The dealer is obligated to pay McIntire $57,500.
• C) McIntire is obligated to pay the dealer $62,500.
• D) McIntire is obligated to pay the dealer $57,500.
• E) None of the above

Understand the role of relaxation techniques in reducing physiological stress responses.

Understand the complexities of managing physical illnesses in clients with pre-existing mental health conditions.

Recognize the influence of lifestyle choices on managing and preventing diseases.

Appreciate the importance of comprehensive assessment in the management of health conditions.

---

Definitions:

Null Hypothesis

A hypothesis in statistical analysis that proposes there is no significant difference or effect, often tested in order to be rejected in favor of an alternative hypothesis.

Research Hypothesis

A statement predicting the nature of the relationship between two or more variables of interest in a study.

Null Hypothesis

A statement or assumption that indicates no statistical significance exists in a set of given observations, serving as the default position that there is no effect or difference.

Alternative Postulates

Hypotheses or statements made as alternatives to the main hypothesis, often used in contrasting experimental conditions.