Answer:
Answer for the question:
(Exchange rate arbitrage) You own $10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen/$. The yen rate in New York is given in the following table: LOADING.... Are arbitrage profits possible? Set up an arbitrage scheme with your capital. What is the gain (loss) in dollars? Hint: Compare the Tokyo's direct quote with the New York's indirect quote. "Assuming no transaction costs, the rate between Tokyo and New York are out of line. Therefore, arbitrage profits are possible." Is the above statement true or false? True . (Select from the drop-down menu.) The yen is cheaper in Tokyo . (Select from the drop-down menu.) The amount of yen you could buy in Tokyo for $10 comma 000 is 2135839 yen. (Round to the nearest whole number.)
is given in the attachment.
Explanation:
Answer:
A matter of timing
Explanation:
The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the evaluation and adjustment lags is called <u>a matter of timing.</u> The reason being that it can be difficult to time fiscal policy to shift the AD curve at the right moments.
Answer:
The cash paid on June 24 is $8,754.25
Explanation:
The computation of the cash paid is shown below:
= (Merchandise purchase - returned goods) × ( 1 - discount rate)
= ($9,500 - $475) × ( 1 - 0.03%)
= $9,025 × 0.97
= $8,754.25
Since the company paid the amount within the discount period, so it can avail the discount benefit.
We deduct the discount rate from 1 as the percentage value is 100 so that accurate value can come.
Supply increases and demand stays the same.
Answer:
their own income is correct
