All categories

3 years ago

According to the efficient market school, ________ do the best job at predicting future spot exchange rates.

Business

1 answer:

Zepler [3.9K]3 years ago

3 0

Answer:

Forward exchange rates

Explanation:

Forward exchange rate can be defined to be the exchange rate that a party such as a bank would agree to enter into a contract to receive or deliver a currency at a date in the future when it goes into a forward contract with someone or an investor.

According to the efficient market school the forward exchange rate do the best job at predicting future spot exchange.

You might be interested in

Suppose a relatively poor country receives foreign aid to be used for education. However, a large portion of the money is stole

makkiz [27]

Answer:

True

Explanation:

There are two reason which suggest that action will generate greater inequality.

1. some amount is stolen by government official thus fund is getting allocated to person who are already self-sufficient hence causing inequality

2. even left portion of fund is not allocated proportionally to all the area and thereby increasing the inequality.

6 0

3 years ago

What happens after the irs accepts your tax return?.

Mandarinka [93]

Answer:

First, they "stamp" the return with an electronic postmark, and then they will send it to the government.

Then you both wait 24 to 48 hours for the IRS to accept your return.

What are they doing? They are checking your personal information to make sure it matches their records.

If everything looks good, the IRS accepts your return.

Hope this helps..

4 0

3 years ago

If Company A has a lower debt ratio than Company B, then Company A is likely to have __________ than Company B.

kondaur [170]

Answer:

b. a greater ability to borrow

5 0

3 years ago

MC Qu. 93 Schrank Company is trying to decide how... Schrank Company is trying to decide how many units of merchandise to order

ss7ja [257]

Answer:

43,000 units

Explanation:

Given that,

Projected sales in August = 48,000

Projected sales in September = 38,000

Projected sales in October = 58,000

Ending inventory is the 25% of the next month's sales.

The units purchased in the month of September includes the amount of sales in this month and the amount of ending inventory for this month but the amount of beginning inventory excludes from this calculation of purchases.

Ending inventory for September:

= 25% of the next month's sales

= 0.25 × Sales in October

= 0.25 × 58,000

= 14,500

Here, the opening inventory for September is the amount of ending inventory for August.

Opening inventory for September:

= 0.25 × Sales in September

= 0.25 × 38,000

= 9,500

Units to be purchased:

= Sales in September + Ending inventory for September - Opening inventory for September

= 38,000 units + 14,500 - 9,500

= 43,000 units

8 0

3 years ago

Read 2 more answers

You are given:

Dmitry [639]

Answer:

0.087 = 8.7%

Explanation:

Present value of perpetuity given that payment is done at the end of N-year

= present value * ( 1 + i )^n-1

= 169 * ( 1 + i )^n-1 = 100 / i

∴ ( 1 + i )^n-1 = 100 / 169i ------- ( 1 )

Given that first payment at the end of N years = 2112.50 hence the present value of 2112.50

= 2112.50( 1 + i )^n-1 = 100 / i + 100/ i^2 --- ( 2 )

(given that the increment is with a difference of 100 ) and N-1 = number of years

next step : Input equation 1 into equation 2

2112.50 i^2 = 169i [ 100i + 100 ]

19350 i^2 = 16900i

∴ i = 16900 / 19350 = 0.086956 ≈ 0.087

5 0

2 years ago