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3 years ago

What is a foreign exchange rate?

Business

2 answers:

ziro4ka [17]3 years ago

7 0

Difference between the Us Dollar. 1 US dollar is .86 Euro

Bogdan [553]3 years ago

6 0

The correct answer would be, the rate at which one currency is exchanged with another currency.

Foreign Exchange Rate is the rate at which one currency of a country is exchanged with another currency.

Explanation:

When one currency of a country is exchanged with the currency of another country, the rate at which the currencies are exchanged is called as the exchange rate.

For example if someone plans a trip to Europe from America, he has US dollars which he needs to exchange in Euros to be able to use the currency in Europe. So the rate at which he will exchange his Us dollars with Euro, will be the Foreign Exchange Rate.

Roughly, a Euro is equivalent to 1.08 US Dollars, as of today. So this 1.08 dollars will be the exchange rate for US dollars to Euro.

Learn more about Exchange Rate at:

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A customer enters a market order to buy 100 shares of XYZ. The broker-dealer reports the purchase price of 100 shares of XYZ at

Afina-wow [57]

Answer:

The customer have to accept the trade at the amount of $28

Explanation:

Based on the information given we were told that the actual amount the customer paid when the customer order was filled was the amount of $28 and not the amount of $27.50 which was the purchase price given by the broker dealer, Hence based on this we can vividly say that the customer have to accept the trade at the amount of $28 which was the actual amount paid when the order was filled.

Therefore the customer will have to accept the trade at the amount of $28.

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4 years ago

Amster Corporation has not yet decided on the required rate of return to use in its capital budgeting. This lack of information

irina1246 [14]

Answer: Option D

Explanation:

I have attached the options to this solution.

The Required Rate of return is not used in Calculating the Payback Period. The Payback period is simply how long it will take for a project to pay back it's initial investment and the cashflows are taken as is. The Discounted Payback period is the Capital Budgeting method that uses the Required Rate of return.

The Net Present Value uses the Required rate of return to discount all costs and benefits that result from a project so that a company may be able to tell if their project will indeed make a profit given their required rate of return.

The Internal Rate of Return does not use the Required Rate of Return because it is the Rate of Return that equates the NPV to $0. It is therefore a rate of return in its own right that does not require the Required Rate of Return to be calculated.

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3 years ago

How is American history relivant to American economy?

elena-14-01-66 [18.8K]

American history is relevant to American economy in recent history because of the time period known today as the Great Depression, but also in the respect that economic growth occurs slowly over time, and our economy is still growing to this day. I hope this helps, as I was going to ask about context but instead just answered the question. Have a nice day! :)

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