Based on the theory of interest rate parity, the percentage forward premium or discount is approximately equal to the difference in _______ interest rates.
A) Nominal risk-free. B) Real risk-free. C) Nominal risky. D) Real risky. E) Inflation-adjusted.
Which of the following is true about a nontrading partnership?
A) Its regular business is buying and selling merchandise. B) It has no normal borrowing needs. C) It borrows money to avoid cash flow problems. D) It has an inventory.