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提问人:网友jimeshuang 发布时间:2022-01-07
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The Due from Bnks subsidiry ledgers continll the debitsnd credits in theccounts oThe Due f

rom Bnks subsidiry ledgers continll the debitsnd credits in theccounts of the correspondent bnks.Right. B.Wrong. C.Doesn’t sy.

A.Right.

B.Wrong.

C.Doesn’t say.

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第1题

There are two firms with identical assets and thus the same EBIT equal to $10 million per year, differing only in their capital structure: Nodett Corp. issuing only 1 million shares of stocks, and Somedett Corp. issuing bonds with face value of $40 million at an interest rate of 8% per year and 0.6 million shares of stocks. Assume that Somedett’s bonds are in perpetuity and default free. In a frictionless environment, if Nodett’s stock price is $90 and Somedett’s stock price is $100, then you can ( ) to make riskless arbitrage profit.

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B、sell short 1,000 shares of Nodett and buy 600 shares of Somedett

C、sell short 600 shares of Somedett, borrowing $40,000 in perpetuity and buy 1,000 shares of Nodett

D、sell short 1,000 shares of Nodett, buy 600 shares of Somedett and bonds of Somedett with total face value of $40,000

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第2题
The letter of credit payment method has the following characteristics ( )

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第3题
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第4题

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第5题
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A、applicant

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C、issuing bank

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第6题
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