7) Which of the events described below represent systematic-risk events? (There may be more than one or none.) a) Congress voting in favor of a corporate tax rate decrease b) Renewal of subsidies for ethanol producers in rural Iowa c) Google winning a Department of Defense contract for cloud computing d) Increase in the productivity of U.S. workers through better use of IT e) Decrease in the global price of natural gas because of the development of fracking f) Development of a new shatter-proof cell phone screen g) Increase in the 10-year Treasury bond rate

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter9: Forecasting Exchange Rates
Section: Chapter Questions
Problem 6ST
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1) Which of the events described below represent systematic-risk events? (There may be
more than one or none.)
Y a) Congress voting in favor of a corporate tax rate decrease
b) Renewal of subsidies for ethanol producers in rural Iowa
c) Google winning a Department of Defense contract for cloud computing
d) Increase in the productivity of U.S. workers through better use of IT
e) Decrease in the global price of natural gas because of the development of
fracking
f) Development of a new shatter-proof cell phone screen
g) Increase in the 10-year Treasury bond rate
Focus
MacBook Pro
I
&
Transcribed Image Text:1) Which of the events described below represent systematic-risk events? (There may be more than one or none.) Y a) Congress voting in favor of a corporate tax rate decrease b) Renewal of subsidies for ethanol producers in rural Iowa c) Google winning a Department of Defense contract for cloud computing d) Increase in the productivity of U.S. workers through better use of IT e) Decrease in the global price of natural gas because of the development of fracking f) Development of a new shatter-proof cell phone screen g) Increase in the 10-year Treasury bond rate Focus MacBook Pro I &
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