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Basic Question 0 of 27
Due to its competence and strategies, Enron was often named the "most innovative" in America. When hints of the Enron scandal first began to appear in the press, Enron employees expressed surprise and indignation that anyone would question the ethicality of many of the firm's actions. Any outsider who questioned Enron's tactics or numbers was told that they "just didn't get it." This is an example of ______.
B. large financial rewards
C. loyalty to colleagues
A. the overconfidence bias
B. large financial rewards
C. loyalty to colleagues
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain international parity relations (covered and uncovered interest rate parity, forward rate parity, purchasing power parity, and the international Fisher effect);
describe relations among the international parity conditions;
evaluate the use of the current spot rate, the forward rate, purchasing power parity, and uncovered interest parity to forecast future spot exchange rates;
explain approaches to assessing the long-run fair value of an exchange rate;
CFA® 2025 Level II Curriculum, Volume 1, Module 8.