Answer: 5.23%
Explanation:
Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
Let X represent the return earned by the U.S. investing in Canadian security
x = 1+((1+r)*f/c)
x =1+(1.08*[0.76/0.78])
= 5.23%.
Answer:
The correct answer is: Political.
Explanation:
To begin with, a company and its employees take into account the political, economic, societal and natural systems when taking actions that are legal and ethical due to the fact that these are the sytems that comprehends the environment or external context of the organization and represents the factors that tend to change the curse of action or even the situation that the business is going through. Therefore that when the company must look after its image regarding the subject of law and ethics, then it must take into account those particular systems that can vary the accounts of the organization.
Answer:
The correct answers are: Normative; Positive.
Explanation:
The positive economy is based on specifying and demonstrating what is happening in the economy, responds to economic issues from reason and with an objective point by which things happen, focuses on determining everything that could affect it and the results that will be obtained by final.
No advice is given to remedy economic problems, rather, it describes the problems that affect the economy without mentioning whether the results will be positive or negative.
Answer:
The Internal Revenue Code is federal statutory law while treasury regulations can not stand as laws on their own.
Explanation:
The Internal Revenue Code is federal statutory law passed into law by Congress and automatically becomes a law after the President has assented to it. This implies that the two arms of the government must be involved in it before before it becomes a law, otherwise it is null and void.
Treasury regulation is only meant to give interpretations and explanations to the Internal Revenue Code, law or statue, and it is not really a law by itself. The Treasury usually receives authority from the Congress to write regulations that will serve as the official interpretation of statutory law.
However, this does not mean that the regulations does not have appreciably authoritative weight, but it is just that the weight of authority of the regulation is less than the weight of the Internal Revenue Code.
