Question
What happens to the YTM of a countrys 10-year treasury notes when the future economic prospect of the country improves? A. Decrease B. Increase C.
What happens to the YTM of a countrys 10-year treasury notes when the future economic prospect of the country improves?
A. Decrease
B. Increase
C. Does not change
D. None
In a floating exchange rate regime, if a country's balance of payments ends up with a surplus, what happens to the domestic currency?
A. Depreciates
B. Appreciates
C. Does not change
D. None
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
