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Alenkinab [10]
3 years ago
12

The JPY/AUD spot exchange rate is 82.42, the JPY interest rate is 0.15%, and the AUD interest rate is 4.95%. If the interest rat

es are quoted on the basis of a 360-day year, the 90-day forward points in JPY/AUD would be closest to: A. –377.0. B. –97.7. C. 98.9.
Business
1 answer:
defon3 years ago
3 0

Answer:

The answer is B. -97.7.

Explanation:

As the question gives us the spot rate, the interest rates of two countries, We can apply the covered interest parity to calculate the 90-day forward exchange rate JPY/AUD from which 90-day forward points can be derived.

F = S x ( 1+ Rjpy) / ( 1+ Raud); in which Rjpy denoted as JPY interest rate ( 0.15% per annum) while Raud is AUD interest rate ( 4.95% per annum).

F = 82.42 x (1+ 0.15% x 90/360) / ( 1 + 4.95% x 90/360) = 81.443

=> The 90-day forward points is : 100 x ( F-S) = 100 x ( 81.443 - 82.42) = -97.7

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You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery
bazaltina [42]

Answer:

-$2.4

Explanation:

Costs of lottery ticket $10 per ticket.

100 tickets available to be sold

One $430 prize

two $105 prizes

four $30 prizes

100 available tickets -7 prizes= 93

P(430) = 1/100

P(105) = 2/100

P(30) = 4/100

P(-10) = 93/100

-10(93/100) + 30-10 (4/100) + 105-10 (2/100) + 430-10 (1/100)

= -10(93/100) + 20(4/100) + 95(2/100) + 420(1/100)

= -9.3 + 0.8 + 1.9 + 4.2 = -2.4

Therefore the expected loss will be $2.4

5 0
3 years ago
Kim lives and works in a small town, even though she prefers life in a bigger city. She is quite dissatisfied with her current j
Sidana [21]

Answer:

The answer is: B) withdrawal cognitions

Explanation:

Withdrawal cognitions (in business) can also be referred to as "Quitting process", its definition is: the overall thoughts and feelings about quitting a job.

Anyone who has ever worked for someone else has either quitted his job or thought about quitting his job. There are lots of reasons for doing this, the main one is lack of job satisfaction (e.g. we don't like our work, we want to get paid better, we work too many hours, etc.).

But quitting a job is rarely an easy task, because a job is important to almost everyone, we need to work. Quitting itself is a whole process, where you evaluate the pros and cons of doing so, you might also doubt on your decision to either quit or stay. That process is withdrawal cognitions.

5 0
3 years ago
A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of private
Alekssandra [29.7K]

Answer:

Gross investment will be equal to $175 billion

Explanation:

We have given nation's capital stock at the start = $200 billion

And capital stock at the end = $350 billion

Consumption of private fixed capital in the year = $25 billion

We have to find the gross investment

Gross investment is equal to

Gross investment =  Capital stock at the end of the year + consumption of private fixed capital - Capital stock at the starting of the year

= $350+$25-$200 = $175

So gross investment will be equal to $175 billion

4 0
3 years ago
Sean relocated to take a new job, and when he got sick he needed to find a doctor. He discovered during the visit that he didn't
Usimov [2.4K]

Answer:

The answer is: D) inseparability

Explanation:

Inseparability in marketing means that you can't separate the production of the service from its consumption.

In other words, the doctor who offers the service comes together with the service he offers.

The doctor may have treated Sean's health issues in a correct manner and probably helped to cure Sean, but if Sean doesn't like the doctor then he will not return. Sean can not separate the doctor form the service he delivers.

3 0
3 years ago
Find the value of each expression.
Andrew [12]

Answer:

a. 10+5-19

b. 15-19=-4

Explanation:

This problem can be solved with a very simple rule that is, Bodmas stands for "brackets, orders, division, multiplication, addition, subtraction". if integers contain brackets ((), {}, []) then first solve bracket then powers and roots etc., then division, multiplication, addition and subtraction from your left to right.

PEMDAS is very similar to BODMAS and used in the USA.

PEMDAS means Parentheses, Exponents (powers and roots), Multiplication and Division, Addition and Subtraction.

5 0
3 years ago
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