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Sloan [31]
3 years ago
7

Suppose market forces outside of the control of the Chinese government are causing the price of Chinese yuan in terms of Japanes

e yen to rise. In order to maintain the current value of the yuan, the Chinese government must: a. file a pegging application with one of the three international currency-management agencies. b. buy yen with newly created yuan. c. get official approval from the World Trade Organization. d. using tax incentives, encourage Chinese firms to hire more Japanese workers. e. ban Chinese firms from hiring Japanese workers.
Business
1 answer:
pochemuha3 years ago
8 0

Answer:

A. file a pegging application with one of the three international currency-management agencies.

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Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
IrinaK [193]

Answer: E) A's expected dividend is $0.75 and B's expected dividend is $1.20

Explanation:

Using the Gordon growth model, you can calculate the expected dividend. The formula is:

Price = Expected dividend/ (expected return - expected growth)

Stock A expected dividend

25 = D/ (10% - 7%)

D = 25 * 3%

= $0.75

Stock B expected divided

40 = D / (12% - 9%)

D = 40 * 3%

= $1.20

Option A, C and B are therefore wrong.

Option E is correct.

5 0
3 years ago
Suppose that you purchase a 182-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yi
Ivahew [28]

Answer:

Annual interest rate= 3%

Explanation:

Giving the following information:

Present value= $9,850

Future value= $10,000

Number of days= 182

<u>First, we need to calculate the daily interest rate. We will use a financial calculator (the formula is incredibly difficult to use):</u>

<u></u>

Function= CMPD

n= 182

I%= SOLVE = 0.0083

PV= 9,850

FV= -10,000

<u>Now, the annual interest rate:</u>

Annual interest rate= 0.0083*365= 3.02 = 3%

3 0
3 years ago
Consumer​ surplus:
elena-14-01-66 [18.8K]

Consumer surplus is the difference between the maximum amount the consumer is willing to pay for the price of the good and the price that was actually paid by the consumer or commonly known as the current market price. The price that the consumer is willing to pay is determined by the demand curve in the market.

8 0
3 years ago
Read 2 more answers
Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither
sertanlavr [38]

Answer: Statement 1 ( Laptop) = Producer surplus

              Statement 2 ( watch ) = Neither

              Statement 3 ( jersey sweater) = Consumer surplus

Explanation:

Hi, Consumer surplus happens when the price that consumers pay for a product or service is less than the price they're willing to pay.

  • <em>Even though I was willing to pay up to $46 for a jersey sweater, I bought a jersey sweater for only $39.  </em>Consumer surplus

Producer surplus<em>  </em> is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive

  • <em> I sold a used laptop for $149, even though I was willing to go as low as $140 .</em>Producer surplus
  • <em>I sold a watch for $59 on eBay last week. This week, someone offered me $145 for it.  </em>neither

Feel free to ask for more if needed or if you did not understand something.

5 0
3 years ago
When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able
kotegsom [21]

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

                                                       = $64

Total revenue from Three workers = 22 × $4

                                                          = $88

Therefore, the marginal benefit of hiring the third worker would be:

=  Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

7 0
3 years ago
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