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Soloha48 [4]
3 years ago
7

The current U.S. dollar-yen spot rate is 125¥/$. If the 90-day forward exchange rate is 127 ¥/$ then the yen is selling forward

at a per annum _________ (premium or discount?) of ___________% (what percentage?).
Business
2 answers:
IgorC [24]3 years ago
7 0

Answer:

discount of 6.3%

Explanation:

Since the same amount, in dollars, would buy you more yen at the 90-day forward rate then at the current date, the yen is selling forward at a discount. The discount per annum is given by:

D=\frac{127-125}{127}*4 =0.063=6.3\%

The yen is selling forward at a per annum discount of 6.3%

Lena [83]3 years ago
4 0

Answer:

Discount ; 6.3%

Explanation:

percentage = (127-125)/127 × 4 = 0.063 × 100% = 6.3%

The yen is selling forward at a discount. Because the same amount, in dollars, would buy you more yen at the 90-day forward rate

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How should state appropriations to a state universoty choosing to report as engaged only in business-type activities be reported
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Explanation:

Such an activity will be recorded as a non-operating revenue in a proprietary fund in the university as these funds record revenues and expenses and will differentiate between operating revenues and non-operating revenues.

This is a nonoperating revenue as it is considered a nonexchange transaction where a government department or agency gives resources to another department or agency and mandates that they do something specific with it without expecting anything equal in return.  

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3 years ago
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The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050);
zimovet [89]

Answer:

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government purchases ($1,050) is government spending

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Personal consumption expenditures proportion  is $4,800/6.850=0,7007

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