Answer:
The strategy is to convert the U.S. $1,000,000 into Won at the spot exchange rate of 200 Won/$, and then inevest it in South Korea by hedging with a short position in the forward contract.
Explanation:
From the question, the following facts can be obtained:
1. The 13 percent interest rate in South Korea (on an investment of comparable risk) is greater than the 1.810 percent (that's a six month rate, not an annual rate) U.S. T-bills.
2. The six month forward rate of 220 Won/$ is greater than the spot exchange rate of 200 Won/$.
Based on the 2 facts above, the best strategy is to convert the U.S. $1,000,000 into Won at the spot exchange rate of 200 Won/$, and then inevest it in South Korea by hedging with a short position in the forward contract.
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Answer: Git
Explanation:
Git is known across the world as a tool that facilitates the development, testing, and deployment of new software. It monitors or tracks the changes an individual makes to a file inorder to have a record of what has been effected. It gives room for collaboration, where more than one developer can work on same project from different part of the world allowing changes from different individuals on a single project.
Answer:
The correct answer is letter "A": "I am never going to use crack again".
Explanation:
People who abused drugs or alcohol and who went into a detoxification program are released only when specialists consider there are good possibilities that person will not fall under the same vice again. Otherwise, the patient will need a longer admission time until that person is aware of the consequences that might bring the continued abuse of drugs.
In that case, the best remark of an ex crack addict upon release from a detoxification program is "<em>I am never going to use crack again</em>".