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Lesechka [4]
3 years ago
13

(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.)
Business
1 answer:
allochka39001 [22]3 years ago
3 0

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:

Download pdf
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The Grange was an organization that____________.
Fittoniya [83]

Answer: Option A. established cooperatives for storing and marketing farm output

Explanation:

The Granges consist of many group of people that are mainly farmers and other group of people. The Grange is based on farm and rural community value. The Grange helps people, especially farmers by established cooperatives for storing and marketing farm output. Most Granges support community service and volunteer work in addition to providing their members with a community with whom to discuss farming matters. The Grange tries to bring together people involved in different areas of agriculture as well as different parts of the community.

8 0
3 years ago
Hong invested his savings in two investment funds. The 5000 that he invested in Fund A returned a 3% profit. The amount that he
Snowcat [4.5K]

Answer:

amount invest in B is 2000

Explanation:

given data

invested in Fund A = 5000

return profit A = 3%

return profit B = 10%

both together returned profit =  5%

solution

we consider here amount invest in B = x

so profit from fund B is

profit from fund B =  10% ×  x = 0.1 x

and

profit from fund A = 5000 × 3% = 150

so total profit = 0.1x + 150

and total profit = 5%

so we can say

5%  = \frac{0.1x+150}{5000+x}

solve it we get

x = 2000

so amount invest in B is 2000

3 0
3 years ago
Why do you think companies felt that unions were "conspiracies that interfere with property rights"?
Dafna1 [17]
Companies felt that unions were conspiracies which interfere with property right because, unions usually challenge the employers about the working conditions of their workers and the manner the employers treat their workers; they fight for the rights of the worker. Because of this, employers usually do all they can to stop unions from forming.
7 0
3 years ago
An employer is found by a court to have discriminated. As part of an appropriate remedy, the employer is ordered to promote one
lora16 [44]

Answer:

The employer wins because he is acting on court orders.

Explanation:

Discrimination in the workplace is a punishable offense by the law. This act of promoting one female for every male promoted is a remedy to being found guilty of discrimination by the court.

In this case where he has been sued again for reverse discrimination, he (employer) is going to win this particular one because he was only acting on court order. The one female for every male was imposed on him by the court. So he is protected from this reverse discrimination accusations by his disgruntled employees.

5 0
3 years ago
The expected average rate of return for a proposed investment of $650,000 in a fixed asset, with a useful life of 4 years, strai
Degger [83]

Answer:

18.5%

Explanation:

The formula to compute the average rate of return is shown below:

= Annual net income ÷ average investment

where,  

Annual net income equal to

= Expected total net income ÷ number of years

= $240,000 ÷ 4

= $60,000

And, the average investment would be

= (Initial investment + salvage value) ÷ 2

= ($650,000 + $0) ÷ 2

= $4650,000 ÷ 2

= $325,000

Now put these values to the above formula  

So, the rate would equal to

= $60,000 ÷ $325,000

= 18.5%

3 0
3 years ago
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