1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
It is safe for an employee to lift a load they cannot see around if they can see over the load.
erma4kov [3.2K]

When manually moving materials, employees should seek help when a load is so bulky it cannot be properly grasped or lifted, when they cannot see around or over it, or when they cannot safely handle the load.

8 0
3 years ago
The ____ team is responsible for working with the remainder of the organization to assist in the recovery of nontechnology funct
solmaris [256]

The business interface team is accountable for operating with the remainder of the organization to aid in the recovery of nontechnology functions.

<h3>What does interface mean in business?</h3>

A Business Interface is a matter of access where a Business Service is made known to the environment. The functionality delivered by a Business Role is disclosed to its environment by standards of one or more Business Interfaces.

<h3>What is the meaning of interface management?</h3>

Interface management is a method to assist in overseeing product development when actions are divided among parties and/or to define and support compliance among the products that should interoperate.

To learn more about Business Interfaces visit the link

brainly.com/question/20381617

#SPJ4

5 0
2 years ago
Radwyn Horticulture Is fixed overhead expenses last month came to $7,699.45. It is known that one salesperson sold 191 saplings,
Svetach [21]
Go stream no cap new album steel human yxm=x
7 0
4 years ago
If jane brown closes her account at the first national bank and uses the money instead to open a money market mutual fund​ accou
soldi70 [24.7K]
On the off chance that Jane Brown shuts her record at the First National Bank promotion utilizes the cash rather to open a currency showcase common reserve account the M1 does not change in light of the fact that the assets that go to the currency advertise shared store are initially saved into the common reserve's ledger.
3 0
3 years ago
The art of getting things done through the efforts of other people." Put yourself in the shoes of a manager and explain what thi
wariber [46]

Answer: A manage manages situation to come out well with people

Explanation:

As a manager the only thing that rings in your mind is how to get things done, how to bring people together, in their best way to meet the goals of the organization. Managers would have to understand that they can't do without people. When a manager starts doing jobs without people while they're there then there is no need having them around and he isn't fit to be called a manager. A manage manages situation to come out well with people.

8 0
3 years ago
Other questions:
  • Inventor and Entrepreneurs are:
    8·1 answer
  • An account of an event created by someone who took part in or witnessed the event
    15·1 answer
  • The following information is for the standard and actual costs for the Happy Corporation:
    12·1 answer
  • A mortgage can best be defined as?
    8·1 answer
  • "Vested benefits
    12·1 answer
  • Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million
    15·1 answer
  • Free Enterprise is the main economic system used in the United States.
    11·2 answers
  • 10. Suppose you want to borrow $20,000 for a new car. Ford Credit offers you a 4 year auto loan at fixedrate 8% per year with mo
    8·1 answer
  • In the past giving money to charity was the norm, but that is changing. how?​
    14·1 answer
  • malcolm has a capital balance of $57,200 after adjusting to fair market value. celeste contributes $44,800 to receive a 25% inte
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!