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Alja [10]
3 years ago
10

The treasurer of a major U.S. firm has $40 million to invest for three months. The interest rate in the United States is .28 per

cent per month. The interest rate in Great Britain is .32 percent per month. The spot exchange rate is £.639, and the three-month forward rate is £.642. What would be the value of the investment if the money is invested in U.S and Great Britain?
Business
1 answer:
diamong [38]3 years ago
8 0

Answer:

Check the explanation as follows.

Explanation:

a) If it is invested in US

Current= $40 million

Interest rate= 0.28% p.m

Interest for 1 month= $40 million*0.28%= $0.112 million

Interest for 3 months= $0.112*3= $0.336 million

Total value after 3 months= $40 million+$0.336 million = $40336000.

b) If it is invested in Great Britain.

Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million

Ivest in Great Britain for 3 months @ 0.32%

Interest per month= 25.56 million*0.32% *3 = 0.245376

Total Pounds after 3 months= Pound 25.805376

Convert into $= 25.805376/0.642 = $40195289.7156

Value if invested in great britain= $40195289.7156

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charle [14.2K]

Answer:

E. Core; flexible

Explanation:

Georgia Crane is allowed to create her own work hours on a limited basis. She must be a work from 9 a.m. to 11 a.m. and 1 p.m. to 3 p.m. every day which represents CORE time, and we can choose which hours she will work between 8 a.m. and 6 p.m. around the required hours, which represents FLEXIBLE time. The total required time is eight hours per day.

Georgia Crane is required to work 8 hours in a day.

The core time is the time which is important for Georgia Crane to be at work every day, that is, from 9am to 11am( 2hours) and 1pm to 3pm(2 hours).

That is a total of 4hours.

She can choose between 8am to 6pm as flexible time.

Recall that she needs a total of 4hours more to complete her time for the day.

So 9am to 11am is fixed, 1pm to 3pm is also fixed.

Her total flexible hours for the day 8am to 9am( 1hour), or 11am to 1pm(2hours), or 3pm to 6pm(3hours).

Total flexible hours is 1+2+3=6hours

She is required to choose 4hours from the total flexible 6hours that is most convenient for her to work.

3 0
3 years ago
Kay & Maggie's, a beauty salon, is conducting a survey to find out how satisfied its customers are with the service provided
SashulF [63]

Answer:

It is both qualitative data and primary data.

Explanation:

Qualitative data is data that is not expressed in numerical values. Kay & Maggie are asking for opinons in the survey and interviews. These opinons are not numbers, they are words, language, therefore, they are qualitative.

It is primary data because Kay & Maggie are collecting the information directly from the desired source, the customers, instead of collecting the data from a third party.

7 0
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The short-run aggregate supply curve shows: a. Changes in output in an economy as the price level changes, holding all other det
Neporo4naja [7]
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A short-run aggregate supply curve (SRAS) is a graphical model that shows the positive relationship between aggregate price level and aggregate production amount supplied in an economy. The short-run aggregate supply curve is sloping upward as the supplied quantity increases as the prices increase.

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8 0
3 years ago
Tasty Subs acquired a delivery truck on October 1, 2021, for $22,500. The company estimates a residual value of $2,700 and a six
mixer [17]

Answer: Depreciation expense for 2021 = $825

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Explanation:

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Depreciation expense for 2022 (  From January  to December)

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6 0
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Answer:

Fixed Time Period Model

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3 0
3 years ago
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