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Pavel [41]
3 years ago
12

If u.s. firms attempt to use covered interest arbitrage to capitalize on the high argentine peso interest rate, what forces shou

ld occur?
Business
1 answer:
lesya [120]3 years ago
7 0

Answer:

The answer is: Downward pressure on the Argentine peso's forward rate

Explanation:

Forward rates are interest rates applicable to financial transactions that will happen in the future.

Currently the Argentine peso is yielding a high interest rate. If American firms try to benefit from this by investing in financial transactions involving Argentine pesos, they will eventually put downward pressure to reduce Argentine peso's forward rate. As the demand for Argentine pesos increase, they will yield lower interest rates.

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George Bennet wants to give his son $20,000 upon completion of his college education. If he invests $5,500 now in an account ear
Dmitry_Shevchenko [17]

Answer:

It will take 16.09 years.

Explanation:

Giving the following information:

Future value= $20,000

Present value= $5,000

Interest rate= 9%

<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>

n= ln(FV/PV) / ln(1+i)  

n= ln(20,000 / 5,000) / ln(1.09)

n= 16.09

It will take 16.09 years.

6 0
3 years ago
Olivia is really good at working with computers and has been helping at her mom's company by setting up and maintaining the empl
damaskus [11]

Answer: Information Support and Services

Explanation:

The information support and services personnel covers the following job specification; information technology deployment which entails the implementation of computer systems and software, database management, provision of technical assistance related to computer systems and managing of information systems.

Since Olivia is able to set up her mother's computer network in her business, she can look into Information Support and Services because it covers the field for that

4 0
2 years ago
The promotional mix includes advertising, personal selling, sales promotion, __________, and direct marketing. A. public relatio
krok68 [10]

Answer: option "A" is correct

Explanation:

It's an official context for other options.

6 0
3 years ago
The Bank of america trends in Consumer Mobility Report indicates that in a typical day, 51% of users of mobile phones use their
Vaselesa [24]

<u>Solution and Explanation:</u>

a)  51% of users of mobile phones use their phone at least once per hour,

It is a binomial distribution with n = 150, p = 0.51

mean = np = 150 multiply with 0.51 = 76.5

SD= sqrt(np(1-p) )= 6.1225

Since np and n(1-p) > 5, we can assume the distribution is normal.

B) please see the attached file.

c)  It is a binomial distribution with n = 150, p = 0.02

mean = np = 150*0.02 = 3

SD= sqrt(np(1-p) )= 1.71464

Since np < 5, we cannot assume the distribution is normal.

 

6 0
3 years ago
Why should you prepare some questions to ask during the interview?
Monica [59]

Answer:

A good interview question does two things: It lets the interviewer know you put some thought into your questions. It increases your knowledge allowing you to assess further if this position and company are the right fit for you.

ex: What are the next steps in the interview process?

7 0
2 years ago
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