A company's share price fall below its net asset value. The company is then the subject of a takeover after which rather than being run as a going concern it is broken up and its assets sold to achieve maximum value. This is an example of which of the following strategies?
Correct : B
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A customer wants to sell SEK and asks 4 banks for a rate. Which of the following would be the best rate for the customer?
Correct : C
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You have just bought a USD 5,000,000 of a 3 month Commercial paper (91 days) qupted at a discount to yield of 4.5% (A/360). How much will you pay for this security?
Correct : C
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Where is the largest centre for FX trading?
Correct : A
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Which of the following currencies uses an Act/365 day-count in its money market transactions?
Correct : D
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