“In general, the model of Engel and Hamilton (EH) does not clearly outperform the random walk model or the forward exchange rate in out-of-sample forecasts. The mean squared errors of the forecasts of the segmented trends model tend not to be significantly lower than those of a zero-drift...
In its 1996 annual report, for example, the company boasted of “record sales and earnings,” with sales up 79% over the previous year. It also claimed that revenues from buying and selling crude oil increased from 13.6 million to 20.4 million Canadian dollars. YBM’s books were audited for...
Click to EnlargeWhile DLTR did beat earnings estimates last quarter, the previous three quarters saw earnings misses. So over the past four quarters, Dollar Tree has actually fallen just shy of expectations, yet the stock is up nearly 25% in that time frame. More importantly, DLTR trades at...
In general, we expect the longer the amount of time that remains until maturity, the more significant the impact will be on the value of the notes. However, a decrease in our or the Guarantor's credit spreads or an improvement in our of the Guarantor's credit ...
17) The current rate method of foreign currency translation gains or losses resulting from remeasurement are carried directly to current consolidated income and thus introduces volatility to consolidated earnings. Answer: FALSE 7) The key arguments in opposition to currency hedging such as market efficie...
According to Zhao Qingming's prediction, the general direction of RMB will appreciate in the future, and the possibility of 3%-5% appreciation in 2014 will not be ruled out. < /p >