1. What is the difference between a Mutual Fund, Hedge Fund Brokerage Fund and an Investment Bank? Please provide example
2. What is a covered call? What is a futures contract?
3. What is the difference between a CFP and a CFA designation?
4. Appreciation of the euro relative to the U.S. dollar will cause a U.S.-based MNC's reported earnings (from the consolidated income statement) to ____. If a firm desired to reduce the exposure of its consolidated earnings to exchange rate movements, it could stabilize its reported earnings by ____ euros forward in the foreign exchange market.
a. be reduced; purchasing
b. be reduced; selling
c. increase; purchasing
d. increase; selling