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N76 [4]
3 years ago
9

Emerald Energy is an oil exploration and production company that trades on the London stock market.Assume that when purchased by

an international investor the stock's price and the exchange rate were £5 and £0.64/$1.00 respectively. At selling time, one year after the purchase date, they were £6 and £0.60/$1.00. Calculate the investor's annual percentage rate of return in terms of the U.S. dollars.
a) 0.20%
b) 20.00%
c) 1.28%
d) 28.00%
Business
1 answer:
xeze [42]3 years ago
6 0

Answer:

Option D is correct

Explanation:

Price of stock = €5

Convert stock price to dollar at the begging of year using the exchange rate of €0.64/$1 = 5/0.64 = $7.81

Value of stock at the end of year = €6

Convert value to dollar using the present exchange rate of €0.6/$1 = 6/0.6 = $10

APR = (EYP -BYP)/BYP *100%

Where APR = annual percentage rate, EYP = end of year price

BYP = beginning of year price

APR = (10 - 7.81)/7.81 *100% = 28.04% (D)

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In the year 2005, a company made $5.8 million in profit. For each consecutive year after that, their profit increased by 7%. How
Klio2033 [76]

Answer:

Profit in 2009 = 7.602616858 million = 8 million

Explanation:

given data

profit = $5.8 million

profit increased = 7%

solution

we first get here profit in 2006 that is

Profit in 2006 = profit × ( 1 + increase profit % )

Profit in 2006 = $5.8 million  × ( 1 + 7% )

Profit in 2006 = $6.206 million

and

Profit in 2007 = $6.206 million   × ( 1 + 7% )

Profit in 2007 = 6.64042 million

and

Profit in 2008 = 6.64042 million   × ( 1 + 7% )

Profit in 2008 = 7.1052494 million  million

and

Profit in 2009 = 7.1052494 million   × ( 1 + 7% )

Profit in 2009 = 7.602616858 million

Profit in 2009 = 8 million

6 0
3 years ago
Chamberlain Co. wants to issue new 17-year bonds for some much-needed expansion projects. The company currently has 12.2 percent
almond37 [142]

Answer:

The company should set the coupon rate on its new bonds at current yield to maturity of 4.81% if it wants them to sell at par.

Explanation:

There is a need to first calculate the yield to maturity (YTM) using the following RATE function in Excel:

YTM = RATE(nper,pmt,-pv,fv) * Number of semiannuals in a year =  RATE(nper,pmt,-pv,fv)*2 .............(1)

Where;

YTM = yield to maturity = ?

nper = number of periods = number of years to maturity * number of semiannuals in a year = 17 * 2 = 14

pmt = semiannual coupon payment = face value * (annual coupon rate / number of semiannuals in a year) = 1000 * (12.2% / 2) = 61

pv = present value = current bond price = 1434.96

fv = face value of the bond = 1000

Substituting the values into equation (1), we have:

YTM = RATE(14,61,-1434.96,1000)*2

Inputting =RATE(14,61,-1434.96,1000)*2 into excel (Note: as done in the attached excel file), the YTM is obtained as 4.81%.

Therefore, the company should set the coupon rate on its new bonds at current yield to maturity of 4.81% if it wants them to sell at par.

Download xlsx
4 0
2 years ago
Liz has set up a new employee with Standard user access but has unchecked the Payroll access box. Which part of QuickBooks Onlin
solniwko [45]
If im correct, B would be the right answer
4 0
2 years ago
The channel of distribution consists of ___________, who assist in moving goods and services from producers to businesses and fr
sp2606 [1]

Answer: intermediaries

                                       

Explanation: In simple words, channel of distributions refs to the chain of business activities and intermediaries who prof rm the function of transferring the product from the producer to its final customer.

This channel of distribution consists of intermediaries such as agents, brokers , wholesalers and retailers who deals with each other at different levels and earn their margin of profit from the product while transferring it to next stage.

These are important parties to the market as without them producer has to perform all the ruination by himself which can result in delay or unstable supply in the market.

5 0
3 years ago
beverly would like to take action to improve interprofessopmal communication among staff members. To be a successful agent of ch
zhannawk [14.2K]

The action that Beverly has to take first to be able to promote interprofessional communication would be Collection information about the situation.

<h3>What is interprofessional communication?</h3>

This is a term that has to do with the communication that takes place between the people that have similar occupation or profession.

It is when people in health are able to communicate within themselves, their patients and families in a more responsible way.

Read more on interprofessional communication here:

brainly.com/question/25709454

#SPJ1

3 0
2 years ago
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