Your Subscription to Investing Wisely Weekly Is About to Expire

question 60

Multiple Choice

Your subscription to Investing Wisely Weekly is about to expire.You plan to subscribe to the magazine for the rest of your life,and you can renew it by paying $85 annually,beginning immediately,or you can get a lifetime subscription for $850,also payable immediately.Assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant,how many years must you live to make the lifetime subscription the better buy?

• A)7.48
• B)8.80
• C)10.35
• D)12.18
• E)14.33

Explain the International Fisher Effect and its relevance to real and nominal interest rates across countries.

Describe the mechanics and purposes of various international financial agreements and instruments such as Eurobonds and Note Issuance Facilities.

Understand the process and implications of covered interest arbitrage.

Realize the role of international corporations like Export Development Canada in facilitating international trade.

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Definitions:

Presentation Graphics Program

Software designed to create visual aids and presentations to communicate ideas, data, and information effectively.

Intranet

A private network accessible only by an organization's staff, often serving as a secure platform for information sharing and communication.

Extranet

Secure network used for e-business and accessible through an organization’s website; available to external customers, suppliers, and other authorized users.

Botnet

A network of PCs that have been infected with one or more data-stealing viruses.