Difference in money leaving a country
The difference in money leaving a country and coming into a country plus money flows from another factor is what?
balance of payments
balance of trade
balance of money flows
exchange rate
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An analyst estimates that the probability of default on a seven-year AA rated bond is 0.06, while that on a seven-year A rated bond is 0.13. What is the probability that at least one of the bonds defaults?
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The Lyons Company's cost of goods manufactured was $120,000 when its sales were $360,000 and its gross margin was $220,000. If the ending inventory of finished goods was $30,000, what the beginning inventory of finished goods must have been:
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also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. What is the difference between this bond's YTM and its YTC?
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