Answer:
Explanation:
The ethical issues presented in the leadership ethics chapter... Provide a guide to ethical issues in leadership situations
Answer: Food expenses, gas, mortgage, pretty much anything that you pay for.
Assume that British interest rates are higher than U.S. rates, and that the spot rate equals the forward rate. Covered interest arbitrage puts <u>upward</u> pressure on the pounds spot rate and <u>downward</u> pressure on the pound's forward rate.
<u>Explanation</u>:
<u>Interest rate</u> is the amount of interest charged by a person for lending his money. The interest rate for the amount borrowed or amount lent depends on the principal amount.
The <u>spot rate</u> also known as settlement price is the amount quoted for the immediate settlement of a property. It is determined based on the current market value of the property.
A <u>forward rate</u> is a forward-looking price which is quoted as the settlement price for the transaction that will not take place until specific date.
He only hired immigrants who would work for low pay