Module 3

Edit Answers
12345678910
Across
  1. 5. Any organization or business which is owned (in-whole or in-part) and controlled by government, typically created to conduct commercial business activities.
  2. 7. The opposite party in a double transaction, such as a swap or back-to-back loan, which involves an exchange of financial instruments or obligations now and a reversal of that same transaction at an agreed-upon later date.
  3. 8. The active entry into the foreign exchange market by buying and selling a currency by an official authority in order to manage or fix the currency’s value relative to other traded currencies.
  4. 9. The Society for Worldwide Interbank Financial Telecommunication (SWIFT). The SWIFT system, initiated in 1973, is a network that allows financial institutions all over the world to send and receive information about financial transactions in a secure, standardized, and reliable manner. The SWIFT network sends payment orders, but does not facilitate the actual transfer of funds (settlement). Nearly all cross-border foreign exchange transactions are executed via SWIFT today.
  5. 10. The initial sale of shares of ownership of a company to the general public. The issuing firm raises capital for the conduct of its business and return to its original owners through the IPO.
Down
  1. 1. An individual or institution that holds legal ownership to a share or stock in a publicly traded company.
  2. 2. A profit or loss arising from the sale of an asset of any kind such as a stock, bond, business, or real estate.
  3. 3. The current period dividend distribution as a percentage of the beginning of period share price.
  4. 4. The total market value of a publicly traded company, calculated as the total number of shares outstanding multiplied by the market-determined price per share.
  5. 6. The likelihood that an unexpected change in exchange rates will alter the home currency value of foreign currency cash payments expected from a foreign source. Also, the likelihood that an unexpected change in exchange rates will alter the amount of home currency needed to repay a debt denominated in a foreign currency.