What is the name of the international organization that fosters monetary and financial cooperation and serves as a bank for central banks? A) WTO B) EU C) World Bank D) Bank for International Settlements ANSWER Answer: D
Date: September 19th, 2020
It is the right given to firms to produce specific products in exchange for a ________ fee. A) Joint Venture B) Securitization C) Licensing D) Royalty ANSWER Answer: C
Date: September 19th, 2020
What do the Enron Corporation, Worldcom, and Tyco have in common? A) They were part of the oil and gas industry. B) All three were owned by a single parent company. C) Each one was an example of sound corporate governance. D) All were involved in corporate scandals. ANSWER Answer: D
Date: September 19th, 2020
The legal and financial structure controlling the relationship between a company’s shareholders and its management is called the A) Agency Theory. B) Stakeholder Alternative. C) Corporate Governance. D) Concentrated Ownership. ANSWER Answer: C
Date: September 19th, 2020
Which of the following are institutional banks that provide financial support and professional advice for developing countries? A) multilateral development banks B) central banks C) investment banks D) Barclays bank ANSWER Answer: A
Date: September 19th, 2020
As firms become more leveraged, the risk of insolvency rises because A) the use of debt results in interest payments that cannot be avoided during poor economic conditions. B) bondholders trade lower risk for greater expected returns. C) interest payments on most bonds vary with the level of market rates. D) bondholders are less vigilant […]
Date: September 19th, 2020
Borrowers who anticipate a significant increase in the rate of inflation prefer adjustable-rate mortgages. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
In mediation an attempt is made to have the parties to the dispute reach their own agreement. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Rosie’s Grill has a beta of 1.2, a stock price of $26 and an expected annual dividend of $1.30 a share which is to be paid next month. The dividend growth rate is 4 percent. The market has a 10 percent rate of return and a risk premium of 6 percent. What is the average […]
Date: September 19th, 2020
You expect a 3% rate of inflation to continue indefinitely into the future. A $10,000 vacation today will cost $________ twenty years from now. (Table or calculator required.) A) 10,300 B) 14,988 C) 18,061 D) 42,944 ANSWER C
Date: September 19th, 2020
