Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
<h3>What do you mean by exchange rate?</h3>
Exchange rates refer to the value of one's nation's currency over the currency of another nation.
An exchange rate can be fixed or free-floating. A fixed exchange rate is pegged to the value of other currency and a free-floating exchange rate may rise or fall due to changes in the foreign exchange market.
Thus, exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
Learn more about the exchange rate here:
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The profit motive
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Yes it’s right the she was like oh wow yeah lol yeah bc she doesn’t like it she’s just like her she just doesn’t
The document is known as W-4 Form. You fill this form when you are claiming your allowances, but it also helps to guide your boss on how much money should be withheld from your paycheck for federal taxation.
Answer:
Given:
12% bonds have a face value of $35,000,000
Bonds sold for $37,702,483 based on the market interest rate of 10%.
∴
The interest expense on July 1 can be computed as
Interest expense = Bonds sold × Effective market interest rate (
= 5%)
= $37,702,483 × .05 (1/2 of the effective interest rate)
= $1,885,124
⇒ The interest expense on July 1 is $1,885,124
