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
ioda
3 years ago
6

A U.S. investor purchased a C$100,000 Canadian dollar CD 6 months ago at an APR of 7 percent. The Canadian spot rate was 1.367 C

$/U.S.$ when the investment was made. The U.S. dollar cost of the investment was ________ and the total amount of Canadian investment was _________ C$ after 6 months.
A) $136,700; C$107,000
B) $73,153; C$107,000
C) $73,153; C$103,500
D) $136,700; C$103,500
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
8 0

Answer:

option (A) $136,700; C$107,000

Explanation:

Data provided in the question:

Amount purchased = C$100,000

Time = 6 months

APR = 7%

Spot rate = 1.367 C$ / U.S. $

Now,

The value of C$100,000 in U.S. $

= Amount in Canadian dollar × Sport rate

= 100,000 × 1.367

= U.S. $136,700

Value of Canadian investment after 6 months in terms of C$

= Amount in Canadian dollar × (1 + APR)

= 100,000 × (1 + 0.07)

= C$107,000

Hence,

The correct answer is option (A) $136,700; C$107,000

You might be interested in
Ann Hopkins borrowed $60,000 for her child’s education. She must repay the loan at the end of 8 years in one payment with 512% i
mart [117]

The Maturity Value that Ann must pay is $89,461.

Assuming the rate of interest is compounded annually.

Given,

Principal value = $60,000 = P

Rate of interest = 5.12% = i

Number of years = 8 = T

Since maturity value = Amount

Now, using the formula for calculating the amount,

Amount = P × {(1+i)^T}

Now, substituting the given values in the above formula for amount we get,

Amount = $60,000 × {(1+0.0512)^8}

             = $60,000 × {(1.0512)^8}

             = $60,000 × 1.49101776418

             = $89,461.0658

             = $89,461 (Approximately)

Hence, The Maturity Value that Ann must pay is $89,461.

Learn more about maturity value:

brainly.com/question/9099365

#SPJ1

7 0
2 years ago
Berry, the seller, wants Paul, the broker, to change from a single agency relationship to a transaction broker. Paul agrees to d
Scorpion4ik [409]

Answer:

Before the listing agreement is signed.

Explanation:

A listing agreement is a contract between a property owner and a real estate broker asking the real estate broker to get a buyer for his or her property. The property owner implements the listing agreement so as to empower the real estate broker to act in the capacity of the agent to the owner in the course of trying to sell the property. Generally certain commission is paid to the real estate broker by the property owner.

8 0
3 years ago
Symbolic interactionists believe that the social value of the elderly in america ________ when the economy shifted being agricul
tekilochka [14]
<span>Symbolic interactionists believe that the social value of the elderly in America decreased when the economy shifted being agricultural to industrial. 
This may be completely true - industrial era means more use of technology, and usually, the elderly aren't that keen on using new technology. This also means that they are less and less relevant when it comes to the social life in America which is always growing and developing.</span>
3 0
3 years ago
When an automobile manufacturer is careful to purchase only the highest-quality components for use in production, this is an exa
Kryger [21]

Answer:

The option for this question are the following:

A. Concurrent

B. Statistical

C. Inventory

D. Feedforward

The correctt answer is D. Feed forward.

Explanation:

Feedforward is the process by which feedback between company members focuses more on future possibilities. That is to say, it is not only about communicating but about doing it thinking about increasing the opportunities that the company has and will be able to have later.

The problem we had when we talked about feedback was that it focused on aspects of the past. Communication was thought of as something of the moment, without determining an intention to take it to another level. The ‘feed’ forward would come into play here.

What is intended with the feedforward is to establish links and ideas, so that teamwork makes business organization easier. Brainstorming and the sharing of solutions and aspects for the company mean that employees can aspire to a positive work future.

8 0
2 years ago
Read 2 more answers
Investors are willing to purchase stocks having high P/E ratios because:
skelet666 [1.2K]

Answer:

D. They expect these shares to have greater growth opportunities.

Explanation: P/E(price to earning) ratio is a ratio used in the stocks and other marketable securities to determine the price of the shares of a particular Company in relationship with the annual net income of the company per share.

A HIGHER PRICE TO EARNING RATIO INDICATES THAT THE COMPANY INVOLVED IS EFFICIENTLY UTILIZING ITS RESOURCES IN ORDER TO GENERATE PROFIT,IT ALSO SHOWS THAT THEIR IS HIGH DEMAND FOR THE COMPANY'S SHARES BECAUSE INVESTORS TRUST IN THE COMPANY'S ABILITY TO GROW AND MAKE PROFIT.

4 0
2 years ago
Other questions:
  • Aaron Nance is a freshman in college who has not yet decided on his major. He is thinking about majoring in operations managemen
    8·1 answer
  • What is comsumption efficiecy?
    13·1 answer
  • County governments in Texas:a.are single-purpose governments.b.all operate under the general laws of the state of Texas for the
    14·1 answer
  • helen owns 12.6% of the stock of the Median Corporation. If median makes a dividend payment of $30,000,000 paid proportionally t
    14·1 answer
  • Agent Daisy agrees to a 5% commission to list a home at $330,000. The property is sold through another cooperating brokerage wit
    11·1 answer
  • Thomas Company uses the weighted-average method in its process costing system. The first processing department, the Welding Depa
    13·1 answer
  • Fixed vs variable cost preference. bates operates a kiosk at a local mall, selling duck calls for $30 each. the variable cost to
    6·1 answer
  • Last year, Rec Room Sports reported earnings per share of $9.10 when its stock price was $282.10. This year, its earnings increa
    14·1 answer
  • On January 2, 2020, Howdy Doody Corporation purchased 17% of Ranger Corporation's common stock for $53,000. Ranger's net income
    13·1 answer
  • An organization that has all its people in one location is typically ________ than an organization that is dispersed around the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!