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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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Answer:

The correct answer would be option B, The attractiveness of the store's location and the time it takes to travel to the store.

Explanation:

According to the Huff Gravity Model, The two factors which attract customers to a store location are the attractiveness of that store's location and the time it takes to travel to the store.

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Answer:

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Explanation:

According to the scenario, the given data are as follows:

Sales for august = $110,000

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Total cash receipt for September = Cash receipt from August + Cash receipt from September

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