Answer:
Transaction exposure deals with cash flows already contracted for, while operating exposure deals with future cash flows that might change because of changes in exchange rates
Explanation:
Transaction exposure deals with changes in cash flow due to default of counter party in making the amount promised available to our business at the contracted time.This would necessitates looking elsewhere for short-term funding,should the default arises.
On other hands,operating exposure results from fluctuation in exchange rate.If domestic exchange rate strengthens,the local equivalence of a foreign currency receivable in future reduces,hence the shortfall is due to operating exposure.
Answer:
less volatile the price of a security, the wider the bid-asked spread.
Explanation:
From the answers listed in the question the one that would be considered false would be that the less volatile the price of a security, the wider the bid-asked spread. This is because the bid-asked spread usually depends on the liquidity of the asset, when the asset has a large enough liquidity which causes the volatility to be low the bid-asked spread becomes very narrow since there is not much demand for buyers willing to pay higher prices for the asset in question. The opposite occurs if an asset is very popular and volatility is high which creates a much wider bid-asked spread.
The federal law that prohibits credit card issuers from sending unrequested cards is Truth in Lending Act.
The best answer here would be
C.) index universal life insurance.
With life insurance it's not required by the state, therefore, you get to choose a specific plan that fits your desire for payments.
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