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Korvikt [17]
3 years ago
12

Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu

alized) and 2% (annualized) in the United States. What is the approximate forward exchange rate for 180 days? ¥89.55/$ ¥89.12/$ ¥90.89/$ ¥90.45/$
Business
1 answer:
Citrus2011 [14]3 years ago
3 0

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

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So Arielle will be involved in approval of major decisions and attainment of business goals as a member of the board of directors.

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3 years ago
Why was the privatization of public property considered to be a vital task after Texas entered into the Union in 1845
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<h2>What is privatization?</h2>

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In conclusion, the privatization of public property was a vital task because the state was "land rich but money poor" and there is need to raise funds that could be used for infrastructure purposes such as funding elementary, secondary, higher education etc

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2 years ago
Piaget’s concrete operational stage is characterized by the active, appropriate use of __________.
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Piaget’s concrete operational stage is characterized by the active, appropriate use of: logic.

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Jean Piaget's stages of cognitive development in an ascending order includes;

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IV. Formal operational stage.

The concrete operational stage is typically described as age 7 through age 11, at which the child thinks logically.

In conclusion, the active, appropriate use of logic is a feature of John Piaget’s concrete operational stage.

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 is the correct answer i should know cause i live in flordia XD
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