Exhibit 11.1 Assume the Following

question 39

Multiple Choice

Exhibit 11.1 Assume the following:
(1) the interest rate on 6-month treasury bills is 8 percent per annum in the United Kingdom and 4 percent per annum in the United States;
(2) today's spot price of the pound is $1.50 while the 6-month forward price of the pound is $1.485.
-Assume that you are the Chase Manhattan Bank of the United States,and you have 1 million Swiss francs in your vault that you will need to use in 30 days.Moreover,you need 500,000 British pounds for the next 30 days.You arrange to loan your francs to Barclays Bank of London for 30 days in exchange for 500,000 pounds today,and reverse the transaction at the end of 30 days.You have just arranged a:

• A) Forward contract
• B) Futures contract
• C) Spot contract
• D) Currency swap

Recognize the adaptive nature of human development and its significance.

Identify the primary focus areas of human development research.

Distinguish between the domains of human development (physical, cognitive, psychosocial).

Understand the historical evolution of developmental research topics.

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Definitions:

Job Behaviors

Actions and conduct exhibited by employees that are related to their job performance.

Behaviorally Anchored Rating Scales

A performance appraisal method that rates employees based on specific behaviors as indicators of various levels of performance.

Behavioral Incidents

occurrences of actions or conduct that deviate from acceptable norms within a community or organization.

Performance Expectations

The standards or objectives set by an organization or manager to define what is considered successful performance for employees in their roles.