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
vfiekz [6]
3 years ago
9

Assume that the interest rate on borrowing in Japan is 1 percent, while the interest rate on deposits in Australian banks is 5 p

ercent. A trader borrows in yen and then converts the money into Australian dollars and deposits it in an Australian bank to make a 4 percent margin. Which type of trade is this an example of?
a, swing trade
b, carry trade
c, channel trade
d, price action trade
Business
1 answer:
Svetllana [295]3 years ago
6 0

Answer:

The correct answer is option is b.

Explanation:

Swing trade is a trading strategy where attempts are made to earn profit from the stocks in a span of a few days.  

Carry trade is a type of currency trading strategy. Under this strategy, money is borrowed in a currency which has a lower interest rate then converted and deposited into the currency which has higher interest rates. In this way, profit is earned.  

Under channel trading strategy, the trading is done in a certain channel which represents the value of assets for a specific period. It is for short term and medium term.  

Under the price action trading strategy, the price movements in the market are studied and trading is done on this basis.

You might be interested in
BG, Inc. reported the following information related to their manufacturing costs: Direct Labor $200,000; Direct Materials $ 150,
bagirrra123 [75]

Answer:

$450,000

Explanation:

Given that,

Direct Labor = $200,000;

Direct Materials = $150,000;

Manufacturing Overhead Costs = $250,000

Therefore, the total amount of conversion cost is the sum total of direct labor cost and manufacturing overhead cost.

Total amount of BG, Inc's conversion costs:

= Direct Labor cost + Manufacturing Overhead Costs

= $200,000 + $250,000

= $450,000

8 0
3 years ago
You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will
USPshnik [31]

Answer:

FV= $12,818.4

Explanation:

Giving the following information:

You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest.

To calculate the future value we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {4,200*[(1.052^2)-1]}/0.052 + 4,200= $12,818.4

8 0
3 years ago
The development methodology where each part of a project is done in order after each other is called
patriot [66]

Answer:

Agile methodology

Explanation:

This is the methodology adopted in project development most of the time.

This approach is usually been used because the customer could not wait for so long till the completion of the project.

For this i would give you an example that we order some food at a restaurant. The waiter come to us and he keeps on giving us food after every short intervals like water, salad, starter and soups to keep us engage. Otherwise the customer would lose his temper while waiting for so long. We must say that the attention span of the people is very short , they  could not wait due to lack of patience.

So in real world of project development we adopt agile methodology where we develop and deliver the project to customer in every little intervals. In this context our customer use to be in loop meanwhile the development of whole project. It is good for project manager to get feedback from the customer side by side on every little chunk of project. This approach is very good to keep your customer in loop of development . We could do negotiation meanwhile ,if customer needs some changes we could do it side by side.

Agile methodology is most of time adopted when the customer is not potential and less technical. In this case the customer could not give clear requirements to team for developing the project. During this methodologies we keep on tracking the user demands and requirements. The team lead or business analyst use to elicit the dos and dons of the project. In this way of project development we could easily give clear ad transparent picture to our customer that hows your project is going.  There are lot project development methodologies but agile development is one the best methodology to keep the customers in loop. While in loop with customers it is easy for team to maintain the quality assurance side by side , QA team could also get involve for the rectification of the project.

5 0
3 years ago
Given the demand function p = 85 - 5x and supply function p = 3x - 35. The consumer's surplus is ?​
horsena [70]

Explanation:

At equilibrium demand price=supply price

Therefore consumer surplus is 15 units.

8 0
1 year ago
Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 5% and the term is for 5 years.
Anna71 [15]

Answer:

The amount of interest paid is $ 1,500.

Explanation:

Given that Perry Mazza wants to borrow $ 30,000 from the bank, and the interest rate is 5% and the term is for 5 years, to determine what is the amount of interest paid, the following calculation must be performed:

(30,000 x 5) / 100 = X

150,000 / 100 = X

1,500 = X

Therefore, the amount of interest paid is $ 1,500.

8 0
2 years ago
Other questions:
  • The quote from a U.N. foundation manager talks about donating a cell phone as a "powerful opportunity . . . to engage and connec
    15·1 answer
  • Roberta transfers property with a tax basis of $400 and a fair market value of $500 to a corporation in exchange for stock with
    11·1 answer
  • Your auto insurance policy has a $200 monthly premium and $700deductible. What is the maximum amount you will have to pay out-of
    14·1 answer
  • Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. H
    5·1 answer
  • Assume Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments related to her
    15·1 answer
  • Sunland Company reported the following information for the current year: Sales (64000 units) $1280000, direct materials and dire
    14·1 answer
  • Write the sum as a product of two factors 25g + 10f + 5​
    6·1 answer
  • The members of a certain business run the risk of losing their personal property should the enterprise fail. This is because the
    10·1 answer
  • Companies and their customers working together to develop products that meet customer needs is known as​ ________.
    9·1 answer
  • A corporate charter: Multiple select question. names the board of directors. specifies the number of shares outstanding. is requ
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!