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devlian [24]
1 year ago
8

assume that the interest parity condition holds. also assume that the u.s. interest rate is 8% while the u.k. interest rate is 6

%. given this information, financial markets expect the pound to:
Business
1 answer:
GREYUIT [131]1 year ago
5 0

Assume that the interest parity condition holds. also assume that the u.s. interest rate is 8% while the u.k. interest rate is 6%. given this information, financial markets expect the pound to appreciate by 2%.

<h3>What Kinds of Financial Markets Are There?</h3>

The stock market, bond market, foreign exchange market, commodities market, and real estate market are a few examples of financial markets and their functions. Financial markets can also be divided into listed vs. OTC markets, primary vs. secondary markets, capital markets, money markets, and listed vs. money markets.

<h3>How Do the Financial Markets Function?</h3>

All financial markets operate primarily by bringing together buyers and sellers of some asset or contract and allowing them to transact with one another, despite encompassing a wide range of asset classes and having a variety of structures and laws. A process for price discovery or an auction is frequently used for this.

Learn more about financial markets here:-

brainly.com/question/24475209

#SPJ4

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Gwar [14]

so,nominally,................... (copied by :- @-Venkatesh Rao cheap tricks-)

3 0
3 years ago
Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.
satela [25.4K]

The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

(To record credit sales)

May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

(To record cost of goods sold)

May 16

Debit Sales return and allowances $45

Credit Account receivable $45

(To record goods returned)

May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

(To record cost of goods sold returned)

May 23

Debit Cash $302

($315-$13)

Debit Sales discount $13

(4%×$315)

Credit Account receivable $315

($360-$45)

Learn more here:

brainly.com/question/16912611

3 0
2 years ago
Household members tend to have different preferences, but empirical evidence shows that overall, most households are Pareto effi
otez555 [7]
A. true b is not your answrrr
8 0
3 years ago
Dave had a balance of $236.17 on his department store charge account. how much interest did he have to pay for the month if the
Aloiza [94]
The answer is 236.17x1.017=240.18
3 0
3 years ago
The following expenditures relating to plant assets were made by Adam Company during the first 2 months of 2020.
dem82 [27]

Explanation:

a.)

In terms of the cost principle, the cost of acquiring a plant asset involves all of the expenditures required to get this asset and also to get ready to serve it's purpose.

Cost is measurable by the cash amount paid for a transaction that has to do with money or the money equivalent paid when assets that are not cash are used as a means of payment.

the cash equivalent is the same as the fair market value of the assets that were given or received..

b )

the account title that expenditure should be debited

1. 5000 paid for land

2. 200 paid is for factory machine equipment

3. 850 paid for delivery truck is for equipment

4. 17500 paid for parking lot is for land improvement

5. 250 paid for companies name to be printed on truck is equipment

6. 8000 paid for installation is for equipment

7. 900 paid for insurance policy on truck is prepaid insurance

8. 75 paid as license fee is for license insurance

8 0
3 years ago
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