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Nata [24]
3 years ago
7

26 Your company expects to receive 5,000,000 Japanese yen 60 days from now. You decide to hedge your position by selling Japanes

e yen forward. The current spot rate of the yen is $.0089, while the forward rate is $.0095. If the spot rate turns out to be $.0090 in 60 days, how many dollars will you receive for the 5,000,000 yen at that time?
Business
1 answer:
Nostrana [21]3 years ago
4 0

Answer:

$47,500

Explanation:

The computation of the dollars amount received for the 5,000,000 yen is shown below:

= Expected yen receivable × forward rate

= 5,000,000 × $.0095

= $47,500

To find out the dollar amount we multiply the Expected yen receivable  with the forward rate so that accurate value can come. And, we ignored the current spot rate and the turns out spot rate

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A company had the following purchases and sales during its first year of operations: Purchases Sales January: 28 units at $210 1
DedPeter [7]

Answer:

$12,245

Explanation:

January:

Total value = Units left in inventory × cost per unit

                   = (28 - 19) × $210

                   = $1,890

February:

Total value = Units left in inventory × cost per unit

                   = (38 - 18) × $215

                   = $4,300

May:

Total value = Units left in inventory × cost per unit

                   = (33 - 22) × $220

                   = $2,420

September:

Total value = Units left in inventory × cost per unit

                   = (30 - 21) × $225

                   = $2,025

November:

Total value = Units left in inventory × cost per unit

                   = (35 - 28) × $230

                   = $1,610

Cost of the ending inventory:

= $1,890 + $4,300 + $2,420 + $2,025 +  $1,610

= $12,245

4 0
3 years ago
10 POINTS, IF GIVEN THE RIGHT ANSWER I'LL MARK YOU AS BRAINLIEST
olasank [31]

Answer:

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Explanation:

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The sooner you begin saving, the the more time your money has to grow.
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Which of the following is not a concept related to explaining abnormal excess stock returns?A. January effect B. neglected-firm
Anastaziya [24]

The preferred stock effect is not a notion that can be used to explain abnormally high excess stock returns.

<h3>What is the preferred stock?</h3>

The term "stock" refers to a company's ownership or equity. Common stock and preferred stock are the two forms of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of each preferred stock vary depending on the issuance.

When it comes to dividends, preferred stockholders have a preference over ordinary stockholders, which typically yield more than common shares and might be paid monthly or quarterly. These dividends can be fixed or determined by reference to a benchmark interest rate, such as the London Interbank Offered Rate.

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explain why it is not encouraged to rely on estimates of the intercept or constant when making economic analysis​
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It is not encouraged to rely on estimates of the intercept when a person is making analysis because intercept is the mean of variable Y when all predictors have become zero.

<h3>What is economic analysis?</h3>

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