Answer:
d. 1.0.
Explanation:
Four-firm concentration ratio is the ratio of the sales of the four largest firms in the industry relative to total industry sales. In industry B total sales is of $10 million and the top four combined have total sales of $10 million
Therefore, the four firm concentration ratio = $10 million/ $10 million = 1
Therefore correct answer is option B i.e. 1.0
Answer:
b. Hang Seng
Explanation:
Hong Kong's Hang Seng Index Futures and Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$50 (50 Hong Kong dollars) per point.
The Mini-Hang Seng Index Futures and the Mini-Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$10 per point.
The security itself serves as collateral in a repurchase agreement.
Option A is correct
What is Repurchase Agreement ?
A short-term secured loan referred to as a repurchase agreement (repo) involves the sale of securities to a third party with an agreement to later repurchase those securities at a better price. The securities act as security. The interest paid on the loan, or repo rate, is that the difference between the securities' original purchase price and their repurchase price.
Reverse repurchase :
The exact opposite of a repo transaction is a reverse repurchase agreement (reverse repo). during a reverse repo, one party buys securities and promises to resell them for a profit at a later time, frequently as soon because the next day. Repo's are often overnight, although they will also be longer.
To learn more about Repurchase agreement :
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