Question
Please provide the BEST answer! 41. Direct financing allows a borrower to: A. easily assess a lenders level of default risk B. diversify their funding
Please provide the BEST answer!
41. Direct financing allows a borrower to:
A. easily assess a lenders level of default risk
B. diversify their funding sources
C. match amounts and maturity of investments with borrowers
D. lower search and transaction costs
1. If the European Central Bank (ECB) wished to cause the EUR to _______, it would _______EUR and _______ foreign currency.
A. depreciate; buy; sell
B. appreciate; sell; buy
C. depreciate; sell; buy
D. appreciate; buy; buy
2. In the FX market, trading:
A. stops after the London markets have closed
B. is restricted to the hours that the Australian banks are open
C. takes place at any hour of the night or day
D. stops after the London and New York markets have closed
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