A Managed-Float System Is Also Known as A

question 11

Multiple Choice

A managed-float system is also known as a:

• A)fixed exchange rate system.
• B)floating exchange rate system.
• C)pegged exchange rate system.
• D)dirty-float exchange rate system.

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Definitions:

Dividend Policies

Strategies a corporation adopts for allocating its profits to shareholders in the form of dividends.

Target Payout Ratio

A percentage that represents the amount of earnings a company decides to distribute to its shareholders in the form of dividends.

Stable Dividends

Dividends that are consistently paid out by a company at a steady rate, regardless of the company's earnings fluctuations.

Ex-Dividend Date

The date on which a stock trades without a declared dividend that has yet to be paid. Four days prior to the date of record.