Which of the following best identifies the four main areas of finance?
A) Exchange rate management, investments, financial institutions and markets, international
B) Corporate, investments, capital structure, international
C) Corporate, investments, fi
1. The State of Confusion wants to change the current retirement policy for state employees.
To do so, however, the state must pay the current pension fund members the present
value of their promised future payments. There are 240,000 current employees in