Flexible exchange rate systems are calculated according to

2 answers:

6 0

Flexible exchange rate systems are calculated according to supply and demand. Every currency decides the type of exchange rate arrangement to uphold.

Oksanka [162]3 years ago

6 0

Answer:

Supply and demand.

Explanation:

Flexible exchange rate is the exchange rate where the value of currency react to the change in demand and supply. That means it depends greatly on the supply and demand and is therefore calculated accordingly.

It is left without intervention so as to allow the exchange rate to equate itself to the demand and supply of foreign currency.

It keeps the government away from holding foreign exchange reserve and helps in maximizing resource allocation.

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Banks that have national charters must join the Federal Reserve and are subjected to its

aleksandrvk [35]

Answer: True

Explanation:

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The Office of Comptroller of the Currency (OCC) continually supervises and examines national banks to ensure that they are engaged in best practices regarding their operations and treatment of customers.

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3 years ago

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alexandr402 [8]

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3 years ago

Choose the term that best matches the description given.

RoseWind [281]

Answer:

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3 years ago

Midwest Water Works estimates that its WACC is 10.5%. The company is considering the following capital budgeting projects:

krok68 [10]

Answer:

Projects A,B,C,D and E should be accepted

Explanation:

Based on the fact that each of the itemized projects has the same of level of risk as the company's existing assets, we suggest that the firm undertake those projects that gives a return rate which is above the current weighted average cost of capital of 10.5%

In essence,projects A,B,C,D and E should be accepted as they 12%,11.5%,11.2%,11% and 10.7% returns on investment respectively.

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3 years ago

Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-

Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year= $(NAV)_o$ =$12.50