Business, 21.04.2020 19:04 romanbattistelli23
Citibank need to borrow $1 million for 6 months starting in 2 years. Citibank is concerned about the interest rate would like to lock in the interest rate it pays by going long an FRA with Bank of America. The FRA specifies that Citibank will borrow at a fixed rate of 0.03 for 6 months on $1 million in 2 years. If the 6 months LIBOR rate proves to be 0.01. Then to settle the FRA, what is the cash flow to Citibank at the end of 2 years
Answers: 2
Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Business, 22.06.2019 14:30
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
Business, 22.06.2019 20:20
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the basic economic question
Answers: 3
Citibank need to borrow $1 million for 6 months starting in 2 years. Citibank is concerned about the...
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