... (ERISA)100 percent vesting after five years, orGraded vesting, with 20 percent vesting in the third year, 40 percent in the fourth, 60 percent in the fifth, 80 percent in the sixth, and 100 ... performanceCompanies can diversify the age distribution of their customer base to reduce the exposure to this riskIf the customer base is concentrated in the older age group, life insurance companies...
... to the securities firmAnalysts cannot be supervised by the investment banking department within the securities firmAn analyst rating must divulge any recent investment banking business...
... stocks 26Bond Fund Categories (cont’d)High-yield (junk) bond funds consist of at least two-thirds of bonds rated below Baa by Moody’s or BBB by S&PInternational and global bond fundsInternational...
... the institution cannot controlFinance companies need skilled managers to analyze the creditworthiness of borrowers and assess how future economic conditions may affect their ability to repay...
... review the financial information of corporations applying for loans and evaluate their creditworthinessDetermining the collateralThe bank must decide whether to require collateral than can ... transactionse.g., a bank may send its currency to another bank, but that bank may not send anything backCan create systemic risk, which is the risk that many participants will be unable...
... as well as interest but requires a larger minimum balanceElectronic transactionsAbout two-thirds of all employees in the U.S. have direct deposit accountsMore than 60 percent of bank ... Sheet Activities (cont’d)A standby letter of credit (SLC) backs a customer’s obligation to a third partyA forward contract is an agreement between a customer and a bank to exchange one...
... systemsSome currencies may be pegged to another currency or a unit of account and maintained within specified boundariesERM until 1999Hong Kong since 1983Argentina from 1991 until 2002A ... provides the right to purchase a particular currency at a specified price (the exercise price) within a specified periodUsed to hedge payables in a foreign currencyThe option will not be ... priceA currency put option provides the right to sell a particular currency at the exercise price within a specified periodUsed to hedge receivables in a foreign currencyThe option will not...
... này hai lần.I have seen this film twice .4) Diễn tả một hành động chưa từng xảy ra ta dùng : NEVER, EVER. YET. Bạn có từng xem bộ phim này chưa ?Have you ever seen this film yet ? Tôi chưa ... này chưa ?Have you ever seen this film yet ? Tôi chưa từng xem bộ phim này I have never seen this film . Cách đặt câu hỏi What Where WhenHow Which + + S + + O ?How longWhoWhoseEx...
... I've been reading this book since 10 this morning. Từ thường đi kèm : for (with a period of time), since (with an exact point in time), ever, never, yet, already, this week (month, year)Cấu ... sự kiện/thông tin gần đâyFred Meyers has had excellent profits this quarter.The class's understanding has increased greatly this semester.Have they finished the report yet?Hành động trong ... từ thường đi kèm:for (với khoảng thời gian), since (mốc thời gian), ever, never, yet, already, this week (month, year)Cấu trúcKhẳng định: Chia từ 'have' (have hoặc has) ở quá khứ...
... laiWe're having leftovers this evening.What are you doing tomorrow afternoon?She isn't coming on Friday. Các từ, cụm từ đi kèm: at the moment, now, today, this week, this month, tomorrow, ... sweptswim swam swumswing swung swungtake took takenteach taught taughttear tore torntell told toldthink thought thoughtThì hiện tại tiếp diễnĐịnh nghĩa:Thì hiện tại tiếp diễn diễn tả hành động...