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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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The New Fund had average daily assets of $2.2 billion in the past year. If New Fund’s expense ratio was 1.1% and the management

Marizza181 [45]

Answer: $15,400,000

Explanation:

The fees paid to the fund's investment managers during the year would simply be the Management fee of 0.7% of the average daily assets. The expense ratio refers to other adminstrative expenses.

= 2,200,000,000 * 0.7%

= $15,400,000

8 0

3 years ago

Which of the following about writing and revising business documents is most accurate? a. Experienced business writers rarely ne

Yanka [14]

C. Revising is always required or at least advised

4 0

2 years ago

One way of shooting a bow is the bowsight aiming method. this method:

anyanavicka [17]

<span>the key to bowsight is to practice judging distance accurately. The shooter can keep both the eyes open while aiming. Its more versatile and takes longer time to become perfect.</span>

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3 years ago

As you get older, a Target Date Fund will adjust

sweet [91]

The target Date fund will adjust by holding your stocks the same and slightly increasing your bonds. Therefore the correct option is (D).

<h3>What is Target-date funds ?</h3>

Target-date funds are the funds which increases the assets for the specific time period. It is also known as exchange traded funds. Thus it is an life cycle fund wherein the allocation of the portfolio gradually becomes more cautious.

The Target Date fund will adjust by holding your stocks the same and slightly increasing your bonds. Therefore the correct option is (D).

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6 0

2 years ago

Your firm is planning to invest in a new electrostatic power generation system. Electrostat Inc is a firm that specializes in th

kozerog [31]

Answer:

The cost of capital for electrostatic power generators is closest to 7.75%

Explanation:

In order to calculate the estimate of your cost of capital for electrostatic power generators we would have to make the following calculation:

Step-1, Calculation of the Overall Beta

Market Value of Equity = $40,00,00,000 [160,00,000 Shares x $25 per share]

Market Value of Debt = $22,00,00,000

Total Market Value = $62,00,00,000

Therefore, Beta = [Equity Beta x Weight of Equity] + [Debt Beta x Weight of Debt]

= [1.18 x ($40,00,00,000 / $62,00,00,000)] + [0.08 x ($22,00,00,000 / $62,00,00,000)]

= 0.761290 + 0.028387

= 0.789677

Step-2, Cost of capital

As per CAPM Approach, Cost of capital = Risk-free Rate x (Beta x Market Risk Premium)

= 3% + (0.789677 x 6%)

= 3% + 4.75%

= 7.75%

Therefore, the cost of capital for electrostatic power generators is closest to 7.75%

6 0

3 years ago