Answer: Counter trade
Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.
In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.
Hence from the above we can conclude that they were engaged in counter trade.
Answer - B. Riding Stable
She only worked as a short-order cook over three summers, so she does not have enough experience or expertise to run a restaurant or fast food franchise of her own. Not to even add that she hates the work.
Also, as an associate degree holder, she does not have enough academic qualification to set up a legal research firm. However, setting up a riding stable does not require academic qualifications; moreover, she loves riding and spends every spare minute helping her uncle with his three horses.
Answer:
E) illusory correlation
Explanation:
An illusory correlation happens when someone mistakenly believes that the occurrence of one event will result in the occurrence of other unrelated events.
Psychologically every single one of us tends to create a relationship between unrelated events, but some simply go one step ahead and deeply believe in a strict cause-effect relationship.
For example, a lot of people tend to create a relationship between very beautiful women and not being smart. While being pretty has nothing to do with being intelligent. I've met beautiful women that are extremely smart and very capable at work, while other not beautiful women are simply the opposite.
Answer:
Yes you should buy the FRA
Expected Profit = $1,858
Explanation:
Since the agreement rate is less than your forecast, you should buy a FRA.
Hence, If your forecast is correct your expected profit will be:
$1,000,000 x [(0.05125-0.0475) x 183/360] / [1 + (0.05125 x 183/360)]
= $1,000,000 x [.001906/(1.026052)]
= $1,857.61.
