Question 131

Total asset turnover is used to evaluate
  • Question 132

    How much will a trader make through covered interest arbitrage under the following exchange and interest rate conditions (assume the investment horizon is 1 year). Borrow $100 at an interest rate of 4%.
    Convert the dollars to CNY at the spot rate of $0.1920. Invest the CNY in China at 8% interest. Sell the
    CNY at the forward rate of 0.1879. What is the profit on the transaction?
  • Question 133

    When a market is in long-run equilibrium, then
  • Question 134

    Which of the following should not be considered when determining the suitability of an investment for a particular client?
  • Question 135

    Which item is included in the comprehensive income?
    I). Unrealized gains/losses from held-to-maturity securities.
    II). Unrealized gains/losses from trading securities.
    III). Unrealized gains/losses from available-for-sale securities.