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vichka [17]
2 years ago
8

You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dolla

r-pound exchange rate is quoted at $2.00 = £1.00.
If a bank quotes you a cross rate of £1.00 = €1.20, how much money can an astute trader make?
Business
1 answer:
olga_2 [115]2 years ago
8 0

Answer:

$41,666.667

Explanation:

The computation of the money astute trader make is

= Invested amount × (Euro exchange rate ÷ dollar exchange rate) × (Pound cross rate ÷ euro cross rate)  × dollar exchange rate

= $1,000,000 × (€1.00  ÷  $1.6) × (£1 ÷ €1.2) × $2

= $1,041,666.667

So, the money would be

= $1,041,666.667 - $1,000,000

= $41,666.667

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Alex was sent to Beijing to help local managers solve the problem of growing worker dissatisfaction at their manufacturing facil
Ilya [14]

" There is an unequal distribution of power in the company " best explains this situation

Explanation:

Inequity is the almost inevitable result of two strong forces:

human bias and socioeconomic injustice.

One may debate whether or not power imbalances and other social inequalities induce bias.

(Even though the notion of a single variable approach to these debates encourages most of us, the truth is more complex; each one strengthens the other and this always results in a chicken and egg debate.)

Unfairness and discrimination can also be found interchangeably with everyday terminology.

I presumption a difference here: the definition of the word 'inequality' and the control of the expression 'inequity.' Inequality contributes to the allocation of such products, some of which earn more than others. Inequity stretches into this: not just unequal allocation; disproportionate and unjust allocation.

8 0
3 years ago
What common flaw has been found in research studies funded by pharmaceutical companies?
marissa [1.9K]

The common flaw that was found in research funded by pharmaceutical companies was a lack of transparency.

<h3 /><h3>Why is transparency needed in the pharmaceutical industry?</h3>

It is essential that there is greater awareness, control and review of pharmaceutical research, as this industry directly impacts the health and quality of life of individuals, and must be an ethical and accessible means to the population.

Therefore, the lack of transparency in the pharmaceutical industry can occur due to centralization and conflict of interests, in addition to bribery and fraud, and must be duly fought by control, legislation and punishment for such actions.

Find out more about research studies here:

brainly.com/question/968894

#SPJ1

3 0
1 year ago
If your investment doubles in 6​ 3/4 years, what approximate annual rate of return would you have​ earned? If you could earn an
Akimi4 [234]

Answer:

annual rate of return  = 10.67 %

time required for investment double = 9.60 years

Explanation:

given data

investment doubles = 6 \frac{3}{4} year

annual rate = 7.50%

solution

we get here annual rate of return by rule no 72 that is

investment doubles = \frac{72}{annual\ return \ rate }     ........1

put here value

annual rate of return = \frac{72}{6\frac{3}{4} }

annual rate of return  = 10.67 %

so time required for investment double by rule 72

time required for double investment = \frac{72}{7.50}

so time required for investment double = 9.60 years

6 0
2 years ago
Economist Smith favors an activist monetary policy. He says that if the economy is going to be stabilized over time, it is neces
VladimirAG [237]

Answer:

Because of long lags, activist monetary policy is likely to be destabilizing rather than stabilizing.

Explanation:

4 0
3 years ago
Suppose that the nominal rate of interest is 5 percent and the inflation premium is 1 percent.
murzikaleks [220]

Answer:

1.     4%

2.    2%

Interest rates are rounded off to nearest whole number.

Explanation:

Fisher effect formula determines the relationship between the Nominal rate, Real rate and inflation rate.

Fisher effect formula is as follows

1 + nominal rate = ( 1 + real rate ) ( 1 + inflation rate )

1.

1 + 5% = ( 1 + real rate ) ( 1 + 1% )

1.05 =  ( 1 + real rate ) x 1.01

1 + real rate = 1.05 / 1.01

1 + real rate = 1.0396

real interest = 1.0396 - 1 = 0.0396 = 3.96% = 4%

2.

Inflation premium = [ ( 1+ nominal rate ) / ( 1+ real rate ) ] -1

Inflation premium = [ ( 1+ 6% ) / ( 1+ 4% ) ] -1

Inflation premium = [ ( 1.06 / 1.04 ] -1

Inflation premium = 1.0192 - 1

Inflation premium = 0.0192

Inflation premium = 1.92%

Inflation premium = 2%

4 0
2 years ago
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