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
kolezko [41]
3 years ago
14

A pegged exchange rate means the value of the currency is fixed relative to a reference currency

Business
1 answer:
ruslelena [56]3 years ago
5 0
Are you asking if it’s true or false?
You might be interested in
Suppose i would like to prevent a line break in word from splitting apart my customer's title and name, "mr. jones", should it h
Phantasy [73]
That is really hard to answer what are u working on
7 0
3 years ago
The government uses the revenue from taxes to pay for goods and services for the community. True False
nexus9112 [7]
The answer is true because without our tax maney we wouldnt have goods and services.
6 0
3 years ago
Read 2 more answers
Which of the following is a style trend
Vera_Pavlovna [14]

The popularity of a new type of jeans

hope this helps!

(:

6 0
3 years ago
A two-step binomial tree is used to value an option on the Australian dollar (AUD). The strike price is 1.00 USD per AUD and the
ser-zykov [4K]

Answer:

a.) The proportional up movement , u, for the currency can be calculated using the following formula:

u = eStd Dev * Square root of t

u = e0.06*square root of 0.25

u = 1.0305

b.) Probability of up movement, p , = (a - d) / (u - d)

where   a = ert where r = 0.025, t = 0.25

a = e0.025*0.25 = 1.0063

d = 1 / u = 1 / 1.3050 = 0.7663

p = (1.0063-0.7663) / (1.3050-0.7663)

p = 0.46

1-p = 1-0.46 = 0.54

c)  Price of an American Call Option on the currency : we use binomial tree for that , as follows: The amounts below line indicate the option price and figures above line indicate the underlying asset price which is 0.55555

3 0
3 years ago
How did speculative investing weaken the stability of the stock market?
tiny-mole [99]
<span>Heavy speculation is a bad idea in any market since it has a tendency to inflate prices to unrealistic levels. That is basically what many investors prior to the Great Depression did when they thought the market would keep going higher and higher. They borrowed money, sold their houses, etc.. to buy into the stock market thanks to that kind of speculation without even considering the underlying reasons for why the market is there in the first place.</span>
7 0
2 years ago
Other questions:
  • Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fi
    14·1 answer
  • Select the correct answer.
    15·1 answer
  • The Herfindahl-Hirschman Index is a measure of market power that focuses on:
    8·1 answer
  • In an effort to get him to clean his bedroom, zack's mother gave him a gold star every time he cleaned it. each time he earned f
    13·1 answer
  • What is a service contract between a vendor and a client that specifies what services will be provided, the responsibilities of
    7·2 answers
  • Expenses that are not easily associated with a specific department, and which are incurred for the joint benefit of more than on
    5·1 answer
  • What’s the cost of consumer credit
    14·1 answer
  • True or False:
    11·1 answer
  • Renee paid $4,000 in mortgage interest on a $110,000 mortgage that was taken out when she bought her home several years ago. She
    7·1 answer
  • A ________ is considered a planned activity to achieve a specific business objective.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!