Answer:
$4.24287 million per year
Explanation:
Missing question: The swap will call for the exchange of 1 million euros for a given number of dollars in each year.
For structured three separate forward contracts of the exchange of currencies, the forward price could be found as follows
Forward exchange rate * $1 million error = Dollar to be received
Year 1 = 1.50*(1.04/1.03) * 1 million euros
Year 1 = 1.514563106796117 * 1 million euros
Year 1 = $1.5145 million
Year 2 = 1.50*(1.04/1.03)^2 * 1 million euros
Year 2 = 1.529267602978604 * 1 million euros
Year 2 = $1.5293 million
Year 3 = 1.50*(1.04/1.03)^3 * 1 million euros
Year 3 = $1.5441 million
The number of dollars each year is determined by computing the present value:
= 1.5145 / 1.04 + 1.5293 /(1.04)^2 +1.5441 / (1.04)^3
= 1.45625 + 1.41392 + 1.3727
= $4.24287 million per year
A broker works with stocks and the value of a company. The world news effects business status. If oil in Iran was getting pricy then oil companies value with change. If he’s invested in oil companies or is interested, this will affect his choice.
Answer:
The question does not include any requirements, so I looked for similar questions:
- Use the least squares method to develop the estimated regression equation.
-
For every additional car placed in service, estimate how much annual revenue will change.
1) Y = -14.95 + 12.82X
2) for every 1 thousand cars put into service, revenue should increase by $12.82 million.
See attached PDF for calculations
Answer:
C.
Explanation:
Is a temporary assembly-line-oriented arrangement of machines and personnel in what is ordinarily a process-oriented facility.
Workcells are designed to improve the process flow and eliminating waste.
Characteristics:
- Reorganizes people and machines into groups to focus on single products or product groups.
- Group technology identifies products that have similar characteristics for particular cells.
- Volume must justify cells.
- Cells can be reconfigured as designs or volume changes.
Requirements:
- Identification of families of products.
- A high level of training and flexibility on the part of employees.
- Either staff support or flexible, imaginative employees to establish work cells initially.
