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Why does most interbank currency trading worldwide involve the U.S. dollar?Answer: Trading in currencies worldwide is in opposition to a common currency which has international appeal. That type of currency has been the U.S. dollar as the end of World War II. Though, the deutsche mark and Japanese yen have started to be employed much more as international currencies in recent years. More significantly, trading would be exceedingly cumbersome and hard to manage if every trader made a market against all other currencies.
Profitability Index (PI) : It is a ratio of the present value of the total cash benefits to the present value of the net cash outlay. The higher the PI, the higher the return.
1. Of course a swaption will be needed. The major reasons being that Bond A is callable after 3 years and matures in 4 years whereas Bond B matures in 5 years. It is understandable
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describe the impact of different types of standards on motivation, and specifically , the likely effects on motivation of adopting the labor standards recommended for geeta & compa
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