Answer:
Option (B) is correct.
Explanation:
The nominal exchange rate refers to the rate at which there is a buying and selling of goods and services among the countries. It is the amount of home currency that are needed to purchase a unit of foreign currency.
For example: A resident of India would need 75 Indian rupees to purchase a dollar of United States. Therefore, the nominal exchange rate between the India and the United States is as follows:
1 US dollar = Rs. 75
Answer:
The correct option is option C
$18,600 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100
Explanation:
Year0- $18600
Year1 - $3100
Year2 - $3100
Year3. $3100
Year5. $3100
Year6. $3100
That is the timeline of the loan from the lender's perspective.
Answer:
B. Contributory negligence
Explanation:
Contributory negligence may be defined as a defense to the tort claim that is based on the negligence of the plaintiff in some law jurisdiction. And if contributory negligence is available defense completely bars the person who files the suit from any recovery if the plaintiff contributes to their own injury and harm from any negligence.
In the context, a person buys a lawn mover form a store. The lawn mover contains a instruction book where it was written that the lawn mover should not be moved over any stones or gravels or areas mixed with grass and stones.
The consumer though remembers the warning but he moves the lawn mover over land filled with loose stones and rocks. Unfortunately, a rock flies and hits him on his face resulting in serious damage of his face. And so the consumer sues the manufacturer for selling a defective lawn mover.
But the court will dis-miss the case as it was a case of contributory negligence of the consumer as the manufacturer warned the consumer with a written instruction not to use the product over areas covered with stones and rocks. Thus the defense that will give the manufacturer the best chance of having dismissing the case by the court is the Contributory negligence of the consumer.
Answer:
A week later, you browse through the trend reports.
Answer:
$65,076,885.59
Explanation:
We use the Present value formula that is shown in the spreadsheet attachment
Given that,
Future value = $0
Rate of interest = 6.5%
NPER = 10 years
PMT = $85,000,000 ÷ 10 annual payments = $8,500,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $65,076,885.59
