An investor who bought a floating-rate security and wishes to establish a minimum periodic cash flow on his investment could:
A. buy an interest-rate floor.
B. sell an interest-rate cap.
C. buy an interest-rate cap.
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下列对于新增企业缴纳的企业所得税属于由地方税务局系统负责征收管理的是______。
A. 担保公司
B. 保险公司
C. 外资银行
D. 内资银行
Typically, forward commitments are made with respect to all the following EXCEPT:
A. inflation.
B. bonds.
C. equities.
A trader buys (takes a long position in) a T-bill futures contract ( $1 million face value) at 98.14 and closes it out at a price of 98.27. On this contract the trader has :
A. lost $325.
B. gained $325.
C. lost $1300.
If 60-day London Interbank Offered Rate (LIBOR) is 6 percent, the interest on a 60-day LIBOR-based Eurodollar deposit of $990000 is:
A. $10000.
B. $9900.
C. $60000.