<span>A: Predated check
i hope that help</span>
Answer:
The value of the option to wait is $0.70,option A.
Explanation:
In calculating the value of the option to wait,I discounted all cash flows under both alternatives, using the discount rate of 12% as given in the question.
Option to start now gives net present value(positive return ) of $360.64 while the other one gives $361.34,invariably option to wait one year gives $0.70($361.34-$360.64) more than the option to start now.
The formula used in the calculating present value is PV=FV(1+r)^n
Where PV=present value
FV=future value
r=rate of interest
n=number of year
Find attached spreadsheet for detailed calculations.
Answer:
A. dollar denominated deposits at any foreign bank or foreign branch of an American bank
Explanation:
- Are dominations deposited in US dollars in banks that are outside the united states thus are not under the rule or jurisdiction or federal laws. The eurodollar rate is also known as the LIBOR rate is equal to the base rate adjusted by minimum reserve requirements.
- The eurodollar market accounts for a higher rate of interest, greater the flexibility of the maturities and has a wider range of investment in the qualities.
- It has roots in WW2 when the US gave funds from the marshall plan to rebuild the European continent.
<span>Arizona native Barry Goldwater was the Republican party nominee for president in the 1964 election. He ran against incumbent democratic president Lyndon B. Johnson. Though he was defeated in a landslide, he had a strong influence on the development of the modern Republican party.</span>
