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ivanzaharov [21]
3 years ago
7

Foreign currencies that are deposited in banks outside the home country are known as A. Eurobond. B. Eurocurrencies. C. foreign

bonds. D. Eurodollars.
Business
1 answer:
3241004551 [841]3 years ago
8 0

Answer: option (B). Eurocurrencies

Explanation: Euro currency is currency deposited by nationals governments or corporations, outside of its home market. Eurocurrency is a currency commonly held in banks located outside of the country which issues the currency. Moreover is is pertinent to note that the term Eurocurrency applies to any currency and to banks in any country. Having Euro doesn’t mean the transaction has to involve European countries.

Eurocurrency is when an institution uses money from another country, but not in the originating country’s home market, and despite the name, Eurocurrency can involve any currency. For example Nigeria Naira deposited at a bank in United state is Eurocurrency.

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In the context of trend analysis, what is base amount?
o-na [289]

Answer:

The answer is "Option C".

Explanation:

Trend analysis is also an economic concept used to describe a situation wherein the market motion of a service or product, in which a company would be selling is predicted based on data in potential.

Its analysis is based on the current year's revenues, where certain conclusions can be drawn as well as how the company will develop strategies to market this service or product.

6 0
3 years ago
A lessor is a party who acquires a right to the possession and use of goods under a lease.a) trueb) false
Anika [276]

Answer: FALSE

         

Explanation: In simple words, a lessor refers to an individual who , under a contract of lease, lets another individual to use his or her assets in return of any kind of rent or one time payment.

The individual who pays the rent in return of right to use the asset of the lessor is called a lessee. Lessor is actually the owner of the asset.

Hence the given statement is false.

6 0
4 years ago
A man goes all over the country buying large tracts of vacant land, splitting them into smaller parcels, and building identical
Inga [223]

Answer:

developer and a subdivider

3 0
3 years ago
After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscripti
konstantin123 [22]

Answer:

The requirement is to calculate the present value of each option:

$ 11.26   million

$11.5 million

$ 12.52 million

Explanation:

The present value formula in excel is very useful in this case:

=-pv(rate,nper,pmt,fv)

rate is the 14% interest rate to be earned per year

nper is duration of the payment

pmt is the amount of payment expected per year

fv is the is the future worth of the payment which is unknown

Option 1:

=-pv(14%,20,1.7,0)=$ 11.26   million

Option 2:

The amount receivable today is the present value i.e $11.5 million

option 3:

=-pv(14%,20,1.4,0)=$9.27   million

total =amount received today+$ 9.27  million=$3.25 million+$ 9.27  millon=$ 12.52 million

4 0
4 years ago
What is your Future expectations for 3-month Gold, Oil, and Japanese Yen prices?​
Darina [25.2K]

Future expectations for the mentioned items are as follows-

  • Gold- The price would appreciate in the times to come
  • Oil- The price would be at floor bottom in coming times with minor upticks at intervals
  • Japanese Yen- The currency would depriciate with respect to USD

Explanation:

Given the Corona epidemic, ensuing US-China trade wars, US-Iran fiasco and dampening global growth prospects, the global economy is going through a phase of slowdown, if not recession.

Hence the general future expectation for the commodities are as follows-

  • Gold- With global growths deepening and share markets crashing, investors would probably store their wealth in the form of gold. This would lead to appreciation in the gold prices. The prices have spiralled upwards in the last few months and would continue doing so in times ahead.
  • Oil- Lack of demand, forced lockdowns of the economy, disrupted global growth has reduced the demand of the oil. Hence the demand graph has fallen and consequentially the prices of oil which is a floor value. It would continue to remain doing do so in times ahead.
  • Japanese Yen- Yen would depreciate during this time due to the strengthening of the US dollar. This depreciation would continue.

3 0
3 years ago
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