Forward Contracts ________

question 38

Multiple Choice

Forward contracts ________.

• A) typically have a maturity of more than 2 years.
• B) that are shorter-dated have relatively large bid-ask spreads.
• C) are not attractive for hedging long-dated foreign currency exposure.
• D) that are longer-dated have a the bid-ask spread (for a given currency) that decreases with the maturity of the contract.

Distinguish between effective and ineffective practices in typing and formatting business messages.

Evaluate the success of communication through feedback and understand the role of proofreading in ensuring accurate and error-free messages.

Differentiate between editing and proofreading and understand the limitations of electronic grammar and spell checkers.

Understand the concept and purpose of common-size comparative statements.

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Definitions:

Cost-effectiveness Evaluation

This evaluation assesses the economic efficiency of different interventions or programs by comparing their costs to their outcomes or effects.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees.

Cost-effectiveness Evaluations

The process of assessing the economic efficiency of different alternatives in order to see which option achieves the desired result most economically.

Dollar Terms

A financial expression that quantifies the cost, value, or price of something in terms of currency.