Answer:
a) (USD/CAD) on July 15, 2016 was 1.2937
b) six-month forward rate of (USD/CAD)= 0.0165
c) hree-month forward exchange rate of (JPY/USD) on July 15, 2016 is 0.0105263
Explanation:
a) Please see the exchange rate on this link: https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/usd/USD-to-CAD-2016
b) Now it's too far to check forward rate in 2016, so we have to calculate ourselves
6 month forward rate = exchange rate on 15 Jan 2017/ exchange rate on 15 July 2016 -1 = 1.3151/1.2937 -1 = 1.65% semi annual or 3.3%pa
c) please see link https://www.currency-converter.org.uk/currency-rates/historical/table/JPY-USD.html
15/07/2016 1 JPY = 0.0095 USD
15/10/2016 1 JPY = 0.0096 USD
3 month forwar rate = 0.0096/0.0095-1 = 0.0105263
14 Years.
The rule of 70 is a measure of how long it takes for something to double. 70 is divided by the rate of growth or rate of return.
70/5% = 14 years
Answer:
Option B What businesses a firm should be in and how the corporate office should manage its group of businesses
Explanation:
The reason is that corporate level strategy helps in managing the all of the business units of the company which means that the strategy is to maximize the gains arising by increasing the effectiveness and efficiency of the business operations of the business units. So the question certainly would include the decision of whether or not we should close a business unit or that we should continue with it. It would also question whether the group business is well managed or there are any other better alternatives as well.
