Answer:
The mission statement answered the questions on what is our reason for being? while the Vision part answered question such as what do we want to become?
Group of answer choices.
A. German tourists traveling abroad.
B. American tourists traveling in France.
C. Canadian firms selling in Germany.
D. Canadian investors with money investments in Germany.
Answer:
B. American tourists traveling in France.
Explanation:
A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.
For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.
In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.
However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.
Note: Euro is the official currency (legal tender or money) of Germany.
Answer:
A. True
Explanation:
As per the given situation, if the yield curve is sloping upwards, it indicates that short-term interest rates are smaller than long-term interest rates.
In this case the bonds have an opposite relationship between the bond price and interest rates and If the short-term rates are lower then the value of the short-term bonds which includes the current liabilities, is higher. Short term bonds are loans to be settled in one.
As we know that
Current ratio = Current assets - Current liabilities
Current liabilities include short-term debt, hence the short-term value is higher as a result of a low current ratio.
Therefore the given statement is true
Answer:
sharing risk means that the premiums and losses of each member of a group of policyholders are allocated within the group based on a predetermined formula
Explanation:
insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. most entity transfer the risk of the company taking up an insurance.
Answer:
FALSE: If the return is riskless and never deviates from its mean, the variance is equal to one.
Explanation:
If the return is riskless and never deviates from its mean, the variance is equal to ZERO.
Variance is calculated by taking the sum of square of deviations from the mean.
Deviations is calculated by subtracting the returns from their mean.
If the return is riskless and <em>never deviates </em>from its mean, the <em>deviations would always be zero</em>, hence the sum of square of them (variance) would also be zero.