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LenaWriter [7]
2 years ago
10

The ____ team is responsible for providing any needed supplies, space, materials, food, services, or facilities needed at the pr

imary site other than vendor-acquired technology and other material obtained by the vendor team.
Business
1 answer:
Naddika [18.5K]2 years ago
4 0

The vendor contact team is responsible for providing any needed supplies, space, materials, food, services, or facilities needed at the primary site other than vendor-acquired technology and other material obtained by the vendor team.

This title is called the vendor contact due to being the main contact for reporting company needs back to the vendor.

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Suppose that the six-month interest rate in the United States is 2%, while the six-month interest rate in Britain is 4%. Further
omeli [17]

After depositing these funds for 6 months, and earning a return of 4%, your deposit grows to <u>416,000pounds</u>.

When you convert your <u>416,000pounds</u> back to dollars, you end up with approximately <u>$520,000</u>, for a profit of about <u>$20,000 </u>over your original $500,000.

However, had you simply deposited your $500,000 in an account and accrued 2% interest, you would have <u>$510,000</u> ($500,000 x 1.02), for a profit of <u>$10,000</u>.

This example illustrates that covered interest arbitrage <u>does</u> offer a significantly larger return than simply depositing the funds in a domestic account under internet rate parity.

<h3>What is the covered interest rate arbitrage?</h3>

The covered interest rate arbitrage is a trading strategy that enables an investor to:

  • Use favorable interest rate differentials.
  • Invest in a higher-yielding currency.
  • Hedge the exchange risk through a forward currency contract.

<h3>Data and Calculations:</h3>

Funds for covered interest arbitrage = $500,000

Forward rate = $1.22596

Six-month interest rate in the United States = 2%

Six-month interest rate in Britain = 4%

Spot rate = $1.25

Value of $500,000 in pounds = $400,000 ($500,000/$1.25)

Expected returns on deposit for 6 months = 4%

New value of $500,000 in pounds after 6 months = $416,000 ($400,000 x 1.04)

Dollar value of 416,000 pounds = $520,000 ($416,000 x $1.25)

The gain or profit from the original $500,000 funds = $20,000 ($520,000 - $500,000)

Thus, the example illustrates that covered interest arbitrage <u>does</u> offer a significantly larger return than simply depositing the funds in a domestic account under internet rate parity.

Learn more about covered interest arbitrage at brainly.com/question/14699039

4 0
2 years ago
During April, the production department of a process manufacturing system completed a number of units of a product and transferr
timofeeve [1]

Answer: $320,000

Explanation:

Number of Units transferred to Finished Goods = Beginning Work in Process in April + Units started and Completed in April

= 60,000 + 240,000

= $320,000

4 0
3 years ago
According to a candy company, packages of a certain candy contain 16% orange candies. Suppose we examine 200 random candies
Artyom0805 [142]

Answer:

A. We should expect of the candies in the sample to be orange.(Type an integer or a decimal.)

7 0
3 years ago
On January 1, 2021, Kendall Inc. began construction of an automated cattle feeder system. The system was finished and ready for
NARA [144]

Answer:

$392,500

Explanation:

January 1,2021  200,000*12/12        $200,000

September 1,2021 $300,00*4/12     $100,000

December 31,2021 $300,000*1/12   $25,000

Borrowing costs to be capitalized $750,000*12%*9/12 $67,500

Average Accumulated expenditure for 2021  $392,500

Please note that borrowing costs incurred on construction loan will also be capitalized as it is specific construction loan..

All the expenditures have been averaged out from the date they are incurred.

5 0
3 years ago
11. Nadine is retiring at age 62 and expects to live to age 85. On the day she retires, she has $402,000 in her retirement savin
Svet_ta [14]

Answer:

E. $2,688.77

Explanation:

We need to calculate the PMT of an ordinary annuity at 6%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 402,000

time:

85 years - 62 years = 23 years of retirement

23 years  x   12 months per year = 276 months

rate: 6% annual rate we must divide over 12 months to convert into monthly: 0.06/12 = 0.005

402000 \div \frac{1-(1+0.005)^{-276} }{0.005} = C\\

C  $ 2,688.766

<em>She can withdraw 2,688.76 per month</em>

7 0
3 years ago
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