Compensatory Finance Facility can be used ______.
A. to provide a member nation with its currency.
B. to help a member nation devalue its currency.
C. to help a member nation examine its difficulties.
D. to help a member nation with foreign exchange when it is in difficulty.
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Preferred stocks are similar to bonds except that ______.
A. they don't have face value.
B. they don't have interest.
C. they don't have maturity date.
D. they don't have a scheduled maturity date and dividends may remain unpaid for a long time.
A company that has the use of a vehicle upon payment of a sum of money on a regular basis
A. factoring
B. hire purchase
C. leasing
D. installment credit
A member of the IMF could withdraw large amounts of money if ______.
A. it has reduced its quota.
B. it has deposited a large quota.
C. it has increased its quota.
D. it has paid tile quota in gold.
If a security bears face value, maturity date and coupon rate, we call it a ______.
A. stock
B. bond
C. coupon
D. preferred stock
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