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QveST [7]
3 years ago
7

In the Frankfurt market, Aldi stock closed at €5 per share. On the same day, the euro U.S. dollar spot exchange rate was €.625/$

1.00. Aldi trades as an ADR in the OTC market in the United States. Five underlying Aldi shares are packaged into one ADR. The no-arbitrage U.S. price of one ADR is
Business
1 answer:
Ipatiy [6.2K]3 years ago
6 0

Answer:

$15.625

Explanation:

The computation of the no-arbitrage U.S. price of one ADR is shown below:

= Euro U.S. dollar spot exchange rate × closing price per share × number of shares

= €.625 × €5 per share × 5 shares

= $15.625

Simply we multiply the  Euro U.S. dollar spot exchange rate with the  closing price per share and the number of shares so that the correct price of one ADR  can be come

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Greece and Portugal have different wage rates, tax regimes, and business cycles. The two countries have also reacted differently
eimsori [14]

Answer:

The correct answer is letter "D": optimal currency area.

Explanation:

An Optimal Currency Area or OCA refers to a region that allows the establishment of a common currency for different countries that have similar economic patterns allowing them to set similar macroeconomic policies. The objective is the integration of those economies promoting growth and currency stability.

However, <em>economic hardship in Greece put block currencies such as the euro at risk since it unbalanced the Euro weight in western Europe. The relatively recent United Kingdom auto exclusion of the European Union (EU) through the "Brexit" is also a sign that the European zone has many countries looking for different interests.</em>

4 0
3 years ago
I need to create a ERD diagram?
nexus9112 [7]

Answer:

Entity relationship modeling enables us to describe business information (data) and its inherent structure. The entity relationship model is represented as a diagram, known as the entity relationship diagram (ERD). ... This model is also used in later stages of business system design and development.

Explanation:

I hope this helps :)

5 0
3 years ago
Obie is trying to make an online purchase, but he doesn't have his credit card. He calls his wife, who reads the 16-digit credit
AlexFokin [52]

Answer:

Short-term memory is limited in duration and capacity.

Explanation:

Since short memory is restricted in both limit and length, the maintenance of remembrances requires moving the data from short-term in to long term memory. Practice can likewise assist data with making it into long-term memory. A human capacity is to remember things for a short period of time. Which explains why, Obie forgot the 16 digit code which was just read by her wife.

8 0
4 years ago
The Celluloid Collar Corporation has $210,000 in tax loss carryforwards. The Bowstring Shirt Company, a firm in the 21% tax brac
alex41 [277]

Answer:

$44,100

Explanation:

The computation of the sum of carry forward alone is shown below:

= Tax loss carry forward × tax rate

= $210,000 × 21%

= $44,100

Simply we multiplied the tax loss carry forward with the tax rate so that the correct amount can come i.e sum of carry forward alone or we can say the tax loss which is carry forward alone

4 0
3 years ago
When Sam's Sandwiches were priced at $6, he sold 70 each day during lunch. When he reduced the price to $4 a sandwich, he sold 8
OverLord2011 [107]

The own price elasticity for Sam's Sandwiches would be -0.33

Price elasticity of demand measures how quantity demanded changes when there is a change in price.

Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price  

Midpoint change in quantity demanded = change in quantity demanded / average of both demands

  • Change in quantity demanded = 80 - 70 = 10  
  • Average of both demands = (80 + 70) / 2 = 75
  • Midpoint change in quantity demanded = 10/75 = 0.133

Midpoint change in price = change in price / average of both price

  • change in price = $4 - $6 = $-2
  • average of both prices = (4 + $6) / 2 = $5
  • midpoint change in price = $-2 / $5 = -0.4

Price elasticity of demand =0.133 / -0.4 = -0.33

To learn more about the price elasticity of demand, please check: brainly.com/question/6708311

8 0
3 years ago
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