1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
HELPPPPPPPPPPPPPPPPPPPPPPP
Rashid [163]
Answer 2 is the best choice
3 0
3 years ago
You are the public relations director of a nonprofit hospital in a competitive market in a midsized city located in a metro area
makvit [3.9K]

Answer:

HIV AIDS is contagious disease. It is responsibility of the healthcare professionals to handle the person with special care. This virus spread quickly in the body of the victim and the person is often unaware of the disease due to very mild or no symptoms.

Explanation:

To: CEO

Park lane Hospital

Central London,

09 - 06 -2021.

Respected Sir,

It is to bring into your knowledge about the spread of HIV/AIDS in the city. The people are unaware about the disease spread and those infected are carrying disease to others. There should be campaign run by the hospital to inform people about the spread of this contagious disease and preventions measures.

There should also be special arrangement for the people infected by the disease to stay and live in a separate house so the spread can be stopped.  The hospital can allow people with symptoms for a free checkup so that more people can come and have their routine checkup.

It is high time because if the spread will increase at the same rate then controlling the disease would become difficult.

Regards,

John Andrews.

7 0
3 years ago
Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000, its target capi
melomori [17]

Answer:

The multiple choices are

a.  $240,000

b. $228,000

c. $216,600

d.$205,770

e. $0

The correct option is E,$0

Explanation:

The funding required from equity is 40% of the projected capital budget of $2000,000 which is expected to be from the profit attributable to stockholders since new issue of shares is not contemplated.

In other words, dividends payable to shareholders is the net income less their counter funding of the project which is computed below:

residual dividends=net income-(equity%*capital outlay)

residual dividends=$300,000-(40%*$2000,000)

                               =$300,000-$800,000=$0

In essence the $300,000 is not even enough as funds expected from equity less alone paying excess as dividend

3 0
4 years ago
When a bank keeps $12 from a $100 deposit as legal reserves, it is using
vitfil [10]
When a bank keeps $12 from a $100 deposit as legal reserves, it is using <span>a fractional reserve system. The correct option among all the options that are given in the question is option "b".

</span>The Fed has defined different categories of money, M1 and M2, according to the money's function. The correct option among all the options <span>that are given in the question is option "b".</span>
6 0
3 years ago
Teleperformance​ (teleperformance.com) established a competitive advantage by adopting information security practices that inclu
Veseljchak [2.6K]
I have no clue sorry
6 0
3 years ago
Other questions:
  • The pair of items that is most likely to have a negative cross-price elasticity of demand is
    6·1 answer
  • NEED ANSWER ASAP
    14·1 answer
  • Record the following transactions of Fronke’s Fashions in a general journal assuming that they use the periodic system.
    15·1 answer
  • Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine
    9·1 answer
  • When you write a cover letter, which of the following should you do?
    10·2 answers
  • The four determinants in Porter's model of international competitive advantage include all of the following EXCEPT: Group of ans
    10·1 answer
  • Teagan wants to buy a new refrigerator. The refrigerator costs $1650. Teagan decides to finance the refrigerator for 24 months a
    14·1 answer
  • g The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $454,200 and
    12·1 answer
  • In Lean/JIT systems the burden of ensuring quality of production inputs from vendors shifts from the _____________ to the ______
    14·1 answer
  • If an industry is characterized by low entry barriers, strong supplier and buyer positions, high threat of substitutes and inten
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!