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3 years ago

Using the world bank index how many us dollars would buy the same amount of rupees as 862800

1 answer:

5 0

With the current exchange rate provided by the word bank, 1 US dollar would be the equivalent of 64.43 Indian Rupees or INR. By knowing this exchange rate, you can simply divide the given amount which is 862,800 Indian Rupees by 64.43 INR. After dividing the two amounts, you will probably have 13,391.28 as your answer. There are a lot of ways in the digital age to convert currencies right now. However, when you exchange your money in exchange centers,do not expect to have the same amount you just calculated since you will be paying for a few taxes and service fees.

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What would be the real rates of return on the same deposit if there was a simultaneous 10% increase in all dollar prices

VMariaS [17]

Answer:

Full question is<em> </em><em>'1. Calculate the dollar rates of return from a £10,000 deposit in a London bank in a year when the interest rate on pounds is 10 percent and the $/£ exchange rate moves from $1.50/£ to $1.38/£. 2. What would be the real rates of return on the same deposit if there was a simultaneous 10% increase in all dollar prices?"</em>

1. In current period, Dollar price of deposit = £10,000 x ($1.50/£) = $15,000

After 1 year, Pound interest = £10,000 x 10% = £1,000

After 1 year, Pound value of (Deposit + Interest) = £(10,000 + 1,000) = £11,000

After 1 year, Dollar value of (D+I) = £11,000 x ($1.38/£) = $15,180

After one year, Dollar rate of return = ($15,180/$15,000) - 1

After 1 year, Dollar rate of return = 1.012 - 1

After 1 year, Dollar rate of return = 0.012

After 1 year, Dollar rate of return = 1.2%

2. As calculated above, After 1 year, Nominal Dollar rate of return = 1.2%

Note: After 1 year, Real Dollar rate of return = Nominal Dollar rate of return - Inflation Rate

Real Dollar rate of return = 1.2% - 10%

Real Dollar rate of return = -8.8%

4 0

3 years ago

A portfolio manager has maintained an actively managed portfolio with a beta of 0.2. During the last year the risk-free rate was

trapecia [35]

Answer: See explanation

Explanation:

The formula to use here will be:

required rate = risk free rate + beta × (market return - risk free rate).

where,

risk free rate = 5%

beta =0.20.

market return = -30%.

Therefore,

required return = 5% + 0.20 × (-30% + -5%)

= 5% + 0.2(-35%)

= 5% - 7%

= -2%

Therefore, the return on portfolio should have been -2% but the portfolio manager produced a return of −10%

Since -10% is lower than -2%, we can deduce that the claim of the manager is wrong.

5 0

3 years ago

An economy has full-employment output of 5000. Government purchases are 1000. Desired consumption and desired investment are giv

V125BC [204]

Answer:

a. real interest rate is 0.217 or 21.7%.

b. saving = 134 , investment is 332 , consumption is 3666.

Explanation:

a) Y = Cd + Id + Gd

Where Y= output

Cd= consumption

Id= Investment purchases

Gd=Government purchases

Y= (3600 - 2000r + 0.10Y) + (1200 - 4000r) + 1000

Y=5800-6000r+0.10Y

0.9Y=5800-6000r

At full employment Y=5000

Putting the value of Y in the above equation

0.9*5000=5800-6000r

5800-4500=6000r

r=0.217

Therefore real interest rate is 0.217 or 21.7%.

(b) Sd = Y - Cd - G

where Sd is national saving

Sd = Y - (3600 - 2000r + 0.1Y) - 1200

Sd = 5000-(3600 - 2000*0.217 + 0.1*5000) - 1200 =5000-3600+434-500-1200 = 134

Therefore, saving = 134

Id= 1200-4000*0.217 =332

Therefore, investment is 332

Cd= 3600-2000r+0.10Y=3600-434+500=3666

Therefore, consumption is 3666.

5 0

4 years ago

The Office of Economic Opportunity created controversy as it a. was one of the most effective programs of the Great Society b. s

adell [148]

Answer:

Option B

Explanation:

The Economic Development Department was the department responsible for overseeing much of the War on Welfare services that were developed as something of the binding referendum of Americas Leader Lyndon B. Johnson's Welfare state.

The OEO initiatives infused optimistic and ambitious Indian nation and provided many advantages, but the generic talents of governance and territorial power seemed similarly lasting. While several challenges were faced across the route, greater over a million Indian people never really had the opportunity to take on big obligations beforehand.

7 0

3 years ago

Gundy Company expects to produce 1,243,200 units of Product XX in 2020. Monthly production is expected to range from 79,000 to 1

a_sh-v [17]

Answer:

Gundy Company

Flexible Budget Report for the month of March, 2020:

Flexible Budget Actual Budget Variance

Direct materials $400,000 $425,000 $25,000 U

Direct labor $700,000 $695,000 $5,000 F

Overhead $1,000,000 $1,005,000 $5,000 U

Fixed Cost $632,000 $632,000 $0 None

Explanation:

a) Data and Calculations:

Expected production units for 2020 = 1,243,200

Monthly production range = 79,000 to 121,000

Budgeted variable manufacturing costs per unit are:

Direct materials $4

Direct labor $7

Overhead $10

Total variable cost $21

Budgeted fixed manufacturing costs per unit:

Depreciation $5

Supervision $3 $8

Total costs $29

Total fixed cost = 79,000 * $8 = $632,000

Actual costs incurred in March 2020:

Production units = 100,000

Direct materials = $425,000 ($4.25 per unit)

Direct labor = $695,000 ($6.95 per unit)

Variable overhead = $1,005,000 ($10.05 per unit)

Actual fixed costs = $632,000

Flexible Budget:

Direct materials $400,000 ($4 * 100,000)

Direct labor $700,000 ($7 * 100,000)

Overhead $1,000,000 ($10 * 100,000)

Fixed Cost $632,000

4 0

3 years ago