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
Rudik [331]
4 years ago
15

The one-year forward rate of the British pound is quoted at $1.63, and the spot rate of the British pound is quoted at $1.60. Th

e forward _______ is _______ percent
Business
1 answer:
AysviL [449]4 years ago
8 0

Answer:

The forward is discount, which is -1.8%

Explanation:

The forward rate is the rate of interest that is applicable or applied to the financial transaction, which will happen in the near future.

The percent is computed as:

= (Spot rate / Forward rate) - 1

where

Spot rate is $1.60

Forward rate is $1.63

Putting the values above:

= ($1.60 / $1.63) - 1

= $0.9815 - 1

= -1.8 %

which is forward discount.

You might be interested in
If an economy moves from a steady state with positive population growth to a zero population growth rate, then in the new steady
zheka24 [161]

Answer:

lower; the same as it was before

Explanation:

If an economy moves from a steady state with positive population growth to a zero population growth rate, then in the new steady state, total output growth will be lower, and growth of output per person will be the same as it was before.

7 0
3 years ago
Read 2 more answers
McKean Corporation authorized 500,000 shares of common stock in its articles of incorporation. On May 1, 2019, 100,000 shares we
Solnce55 [7]

Answer:

100,000 shares and 80,000 shares

Explanation:

Calculation to determine how many shares were issued and outstanding, respectively

The shares that were issued will be 100,000 shares that were sold to the company's founders while the shares outstanding will be 80,000 shares Calculated as :

Shares outstanding=Shares issued -Shares repurchased

Shares outstanding=100,000 shares-80,000 shares

Shares outstanding =80,000 shares

Therefore the Number of shares that were issued and outstanding, respectively are:100,000 shares and 80,000 shares

6 0
3 years ago
The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. this is an example of a(n): de
tresset_1 [31]
<span>The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. This is an example of a deferral adjustment. </span>A deferral payment happens after a payment or receipt occurs. The deferral allows someone to have something now but pay it off or towards it at a later date.<span> </span>
8 0
4 years ago
Once the basic necessities have been achieved, future income is only lightly connected to well-being. democrats generally seek t
Aleksandr-060686 [28]

This is a loaded political question. But I think the question is trying to get you to think about who is doing the best for society as a whole and who is thinking about doing what's best for them.

However, some would argue that doing what's best for yourself will also lead to the greater good of society, but I think this question (as unfair as it may be), is leading you to say that democrats are more concerned with achieving broad happiness and republicans are concerned with fulfilling selfishness.

5 0
3 years ago
I need help ASAP please A B C or D
ch4aika [34]
The answer is A, to become a bank teller she would only need a high school diploma. Hope this helps!
5 0
3 years ago
Other questions:
  • What is the benefit of online banking?
    6·2 answers
  • What to put on a job application for education if still in high school?
    9·1 answer
  • Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equili
    8·1 answer
  • which of these items is a tax deduction a. cash awards b. interest from bonds interest on a home mortgage
    13·2 answers
  • Which of the following is NOT a reason for the failure of appraisal programs? a. They often focus on short-term achievements rat
    14·2 answers
  • Another term for dual enrollment is:<br> a.AP<br> b.Honor Class<br> c.IB<br> d.Concurrent Enrollment
    11·1 answer
  • Given the following information for Ted’s Dread Co., calculate the depreciation expense: sales =$68,500; costs= $51, 700; additi
    6·1 answer
  • Zero percent financing is nothing more than a really good marketing tool. true or false
    13·1 answer
  • Which of the following statements is true? In market equilibrium:
    8·1 answer
  • Question 3 of 10
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!