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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Question 1
A German firm is attempting to determine the euro/pound exchange rate and has the following exchange rate information: USD/pound = $1.5509/A??L and the USD/euro rate = $1.2194/Ac‚¬. Therefore, the euro/pound rate must be:
a)A??L1.2719/Ac‚¬.
b)Ac‚¬0.7863/A??L.
c)Ac‚¬0.7316/A??L.
d)Ac‚¬1.2719/A??L.
Question 2
Which of the following pieces of U.S. legislation was developed and passed in response to the 2008-2009 international credit crisis?Question 2
a)Dodd-Frank Wall Street Reform and Consumer Protection Act
b)Gramm-Leach-Bliley Financial Services Modernization Act
c)Depository Institutions Deregulation and Monetary Control Act
d)The Glass-Steagall Act
Question 3
Define patient and impatient capitalism and discuss how each may lead to different decision-making in the shareholder wealth maximization model.
Question 4
What is the Official Reserves Account (ORA), and why is it more important for countries under a fixed exchange rate regime than for ones under a floating exchange rate regime?
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