Answer:
A. €1,244,212.10
Explanation:
Contract Size Country U.S. $ equiv. Currency per U.S. $
£ 10,000 Britain (pound) $ 1.9600 £ 0.5102 interest APR
12 months forward $ 2.0000 £ 0.5000 rates
€ 10,000 Euro $ 1.5600 € 0.6410 i$ = 1 %
12 months forward $ 1.6000 € 0.6250 i€ = 2 %
SFr. 10,000 Swiss franc $ 0.9200 SFr. 1.0870 i£ = 3 %
12 months forward $ 1.0000 SFr. 1.0000 iSFr. = 4 %
Answer:
Ido old arw and my mom photograph for modeling and u will get first crack in in a
Answer:
PV= $105,206.99
Explanation:
Giving the following information:
Future Value (FV)= $150,000
Number of periods= 6*2= 12 semesters
Interest rate= 0.06/2= 0.03
<u>To calculate the present value (PV), we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 150,000 / (1.03^12)
PV= $105,206.99
Answer: $1,896
Explanation:
The amount of net income that is retained is determined by the amount of dividends paid in the formula:
= Net income - Retained earnings
= 3,492 - 1,596
= $1,896
<em>Taxes and expenses would have already been catered for in the Net income.</em>
