Government Actual Usage of Derivatives Does NOT Include Which of the Following

question 17

Multiple Choice

Government actual usage of derivatives does NOT include which of the following?

• A) China's use of put options for defending the value of their currency during the Asian financial crisis of 1997.
• B) Warrants used as part of the Troubled Asset Relief Program (TARP)by the US government in 2008.
• C) Use of option pricing models in connection with warrant valuation in TARP.
• D) The when-issued market for US Treasury securities.
• E) The callability of US Treasury securities before 1985.

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Definitions:

Perquisite

Benefits or privileges provided to employees in addition to their regular salary, often seen as perks of the job.

Exclusive Country Clubs

Private clubs that offer recreational and social facilities to members, often characterized by selective membership processes.

Employee Assistance Plans

Programs offered by employers to provide confidential support services to employees dealing with personal or work-related problems.

Factor-Comparison Method

The factor-comparison method for job evaluation assesses jobs, on a factor-by-factor basis, using a factor-comparison scale as a benchmark.