5) FASB 8 is essentially the

current/noncurrent method.

monetary/nonmonetary method.

temporal method.

current rate method.

12)

The LIBOR rate for euro

		is EURIBOR.
		is a government set rate.
		is the rate at which Interbank deposits of euro are offered by one prime bank to another in the euro zone.
		is EURIBOR, and is the rate at which Interbank deposits of euro are offered by one prime bank to another in the euro zone.

17) Issuing global bonds is attractive because

		many institutional investors are interested
		there is increased liquidity of the issues.
		It costs less to issue them
		all of the options

20)U.S. citizens must pay tax on the imputed interest represented by the fact that zero coupon bonds price gets a bit closer to par value as each year goes by. If you have a 25-year zero coupon bond with $1,000 par value, how much imputed interest will you record in the coming year if interest rates stay the same at ten percent?

$92.30

$10

$0

none of the options