Answer Happy

1-Moral hazard or its reduction explain the following
except: O A. Covenants requiring borrowers to
provide information periodically. O B. Collateral requirements for
loans. O C. The Enron and Tyco scandals O D. The success of zero
commission trading.
2-
Your friend visited the country of Sibelia. He reports to you
that one
can always legally exchange 1 euro for exactly 2.50 Sibelian
dollars.
What type of exchange rate system does Sibelia most probably
have?
O A. Managed float.
O B. Hard peg.
O C. Free float.
O D.
Soft peg.