国际财务管理chapter11.docVIP

Chapter 11 1. Multiple Choice Quiz (1) LIBOR stands for A) Luxembourg Interbank Offered Rate B) Lisbon International Bank Offered Rate C) London International Bank Offered Rate D) London Interbank Offered Rate (2) Forward rate agreements can be used for speculative purposes. If one believes rates will be less than the agreement rate, A) Take a short position in a forward rate agreement. B) The purchase of a FRA is the suitable position C) The sale of a FRA is the suitable position. D) Take a long position in the spot market(3)A Eurodollar is: A) What the Europeans call the euro. B)