Assume the following: you have $10,000 to invest; the current spot rate of British pounds is $1.800; the 90-­‐day forward rate of the pound is $1.780; the annual interest rate in the U. S. is 4%; the annual interest rate in the U. K. is 6%. (a) Where would you invest your $10,000 to maximize your yield with no foreign exchange risk? (b) Given the spot rate, the forward rate, and the U. S. interest rate, what is the equilibrium U. K. interest rate?

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8