Embry Corp (EC) and Riddle Industries (RI) need to raise funds to pay for capital improvements at their respective facilities. EC is a well-established firm with an excellent credit rating in the debt market. It can borrow funds at either a 7 percent fixed rate of LIBOR 1 percent floating rate. RI is a new start-up without a strong credit history. It can borrow funds at a fixed rate of 6 percent or at LIBOR 3 percent floating rate. Is there an opportunity here for EC and RI to benefit by means of an interest rate swap?

the answer should be demonstrations i hope this

answer; the above statement/question is ( true);

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.