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« Grande Terreur » : 750k soviétiques meurent. . 5M détenus dans les camps
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- Which of the following best describes the pricing behavior of a floating rate note (floater) with quarterly reset dates?A. On each quarterly reset date, the floater will be priced at a premium to par value. Between coupon dates, its flat price will always remain at par value regardless of market rate changes.B. On each quarterly reset date, the floater will be priced at a discount to par value. Between coupon dates, its flat price will always remain at par value regardless of market rate changes.C. On each quarterly reset date, the floater will be priced at par value. Between coupon dates, its flat price will be at a premium or discount to par value if the market reference rate (MRR) goes down or up, respectively.D. On each quarterly reset date, the floater will be priced at par value. Between coupon dates, its flat price will always be above par value regardless of market rate changes.
- The possibility that the capital markets' focus on periodic profits may tempt a company's management to bend or even break accounting rules to inflate reported net income is an example of:(a) an accounting theory issue(b) a technical accounting issue(c) an ethical dilemma(d) non of the above is correct