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mrs_skeptik [129]
3 years ago
12

What are the indirect and direct competitors of nike

Business
2 answers:
vodka [1.7K]3 years ago
6 0
<span>Direct competitors of NIKE can include ADIDAS and REEBOK. Indirect competitors of NIKE can include POLO and SEAN JOHN.</span>
sukhopar [10]3 years ago
5 0
Direct Competitors: ADIDAS and REEBOK <span>
</span>Indirect Competitors: <span>Papa Johns, </span>POLO and SEAN JOHN
hope it helps



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The $500 in her account will grow to =500*(1+0.043)^4 = 591.71

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The 2,408.29 becomes the FV and we have to calculate the PMT with a monthly rate of 0.043/12 and nper = 4*12 =48. We use the PMT function of excel

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On march 11, jangles corporation received a $20,000 invoice dated march 8. cash discount terms were 4/10, n/30. on march 15, jan
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g Our investment manager hedges a portfolio of German Government bonds with a 3-month forward contract. The current spot rate is
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<u>Solution and Explanation:</u>

The US investor is Investing in German bond and he is also hedging for the protection against the exchange rate fluctuations

So we have two types of gain, One due to bond and one due to hedging

Part B)

<u>Gain on Bond: </u>

Interest gain = 1% [ 4% per annum ]

Gain due to price change = 3%

Total gain = 3% plus 1% = 4%

These all are in Euro if and the dollar has depreciated so actual gain in USD

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Let the investor invested X USD , Convert this into Euro

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Now, we can see the gain by hedging

We have gain of 0.91 minus 0.85 = 0.06 Euro / Dollar

So , we can add this gain to the current spot rate as effective rate will be spot + gain due to forward

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Profit = 1.0068X minus X = = 0.681%

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