I believe you answer would be
adventure travel
Answer: 6.81%
Explanation:
To calculate the growth rate, we'll use the formula:
Price = Expected Dividend / Discount - Growth rate
32.40 = 2.20 / 13.60% - Growth rate
13.6% - Growth rate = 2.20/32.40
Growth rate = 13.60% - 6.79%
Growth rate = 6.81%
It reflects positively on the college and it shows that you have respect for others are willing to help as well.
Answer:
b. Buy £1,000,000 forward for $1.50/£.
Explanation:
Let's say for instance, we agree to make purchase of €1,000,000 and then forward for $1.50/€ and we assume that the price turns out to become $1.62/€ in three months time, the expected profit will be $12,000 = €1,000,000 ($1.62 - $1.50)As we can see, answer d looks convincing from an accounting standpoint, but it is wrong because the question asks us to make money with a forward contract, not by holding a particular spot. The correct option should be option b.
Answer: 2
Explanation: $2.7 million divided by $1.35 million is 2.
