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Leokris [45]
3 years ago
9

An increase in the demand for the Canadian dollar will lead to

Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0

Answer:

A. an appreciation of the Canadian dollar and a higher quantity of Canadian dollars

traded

Explanation:

An increase in the demand for the Canadian dollar will lead to

an appreciation of the Canadian dollar and a higher quantity of Canadian dollars traded.

When, the demand for Canadian dollar increases, it means, the Canadian dollar will appreciate against other currencies and higher quantity of the Canadian dollar will be traded.

A rightward shift in demand( increase) means the demand curve has moved up along the

supply curve causing the price of the currency measured on the horizontal axis to increase.

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Consider the following explanation

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Under Effective interest method, Interest calculated at the effective interest rate (i.e., the yield of the bond) is charged as an expense annually, and the payment made basis the Coupon rate.

In the given case, interest to be paid semi annually i.e, on June 30 and on December 31, will be $62,500 (i.e., 2,500,000 * 5% * 6/12).

On the basis of above, the interest expense to be charged in the 2017 can be calculated as follows: take a look to the attached archive.

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<h3>What is a wide area network.?</h3>

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