The act of taking a net asset position or a net liability position in some asset class is referred to as ____.
举一反三
- Speculating in a position exposed to exchange-rate risk is the act of reducing or eliminating a net asset or net liability position in the foreign currency.（ ）
- If the net cost of carry of an asset is positive, then the price of a forward contract on that asset is most likely: A: lower than if the net cost of carry was zero. B: the same as if the net cost of carry was zero. C: higher than if the net cost of carry was zero.
- The purchase of office supplies on account will: （ ）. A: Increase an asset and decrease a liability B: Increase one asset and decrease another asset C: Increase an asset and increase a liability D: Decrease an asset and decrease a liability
- Government securities would appear on a commercial bank’s balance sheet as ______. A: an asset B: B. reserves C: C. part of net worth D: a liability
- When the return on equity equation (ROE) is decomposed using the original DuPont system, what three ratios comprise the components of ROE（） A: Gross profit margin, asset turnover, equity multiplier. B: Net profit margin, asset turnover, asset multiplier. C: Net profit margin, asset turnover, equity multiplier.