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
Ace Inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outs
REY [17]

Answer:

b. $50,000 in total

Explanation:

Preference shareholders: The preference shareholders are that shareholders who receive the divided before equity shareholders

The computation of the annual dividend is shown below:

= Number of shares × price per share × rate

= 10,000 shares × $100 × 5%

= $50,000

The annual dividend for preference shareholders will be computed by applying the number of shares, the price per share, and the rate.

5 0
3 years ago
Which of these are ways to protect yourself against identity theft
Free_Kalibri [48]

Answer:

All of the above except: Don't tell people your dog's name

Explanation:

Hope this helps!

6 0
2 years ago
Which of these statements is not true about project​ scheduling?
Burka [1]

b. project scheduling helps make better use of resources by identifying the​ non-critical paths through the network. It would identify criticle paths

6 0
3 years ago
A surveyor asked 200 residents of a town with a population of 10,000 on whether they participate in any sports leagues sponsored
Ksivusya [100]

The total number of the people who answered <u>yes </u>in the entire population he surveyed is 7,500 people, on the basis of the 200 people among the 10,000 people.

<h3>What is the population?</h3>

The term population is generally used to refer to the total number of people in the world today. It simply means the total of people occupying an area or making up a whole.

Example: In November 2021, it was anticipated to have surpassed 7.9 billion.

According to the given information,

Total  Population in a town = 1000 people

Survey taken = 200 people

If among the survey of 200 residents, 75% peoples agreed to take part in the sports leagues, Then among the population of 10,000 people. People who agreed to take part in the sports leagues are:

200\text{Rescience} \times75\% = 150\text{Peoples}\\ ,

Then, if among 200 people, 150 peoples participate in the sports league, then among the population of 10,000 people, 7,500 people participated in the sports league.

Therefore, the estimation of 7,500 people would expect the answer yes for the sports league from the entire population.

Learn more about the population, refer to:

brainly.com/question/905400

6 0
2 years ago
Oscar's store is open from 6am to 8pm daily. oscar contracts to purchase merchandise from consolidated enterprises and their del
N76 [4]
NO. Consolidated has not tendered delivery.

<span>Tender of delivery means that the seller offers the goods to the buyer by putting or holding them at the disposition of the buyer. Seller also gives the buyer some notification reasonably necessary for taking delivery. 
</span>
In this case, Oscar is open 6 am to 8 pm daily. Delivery arrived at 10 pm where no one is there to accept the delivery. Only until Oscar or anybody that is authorized by Oscar to accept delivery is actually in the premises to receive the goods being delivery will Consolidated be able to tender delivery. 
3 0
4 years ago
Other questions:
  • Kenneth is admired as a manager because of his ability to work well with others to get things done. Which type of skill is Kenne
    5·2 answers
  • You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 15% APR, compounded
    6·1 answer
  • Suppose both buyers and sellers of wheat expect the price of wheat to rise in the near future. What would we expect to happen to
    13·2 answers
  • What is the south african government providing and to whom
    15·1 answer
  • Everything else held constant, if the federal government were to guarantee today that it will pay creditors if a corporation goe
    12·1 answer
  • The news division of WEXS Channel 10 wanted to hire a new morning news anchor. As part of the interview process, candidates were
    11·1 answer
  • According to the survey article on mergers by Mukherjee et al,
    5·1 answer
  • An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. Th
    14·1 answer
  • Marigold Corp. bought a machine on January 1, 2011 for $806000. The machine had an expected life of 20 years and was expected to
    12·1 answer
  • the cost of land improvements are capitalized separately from land because land improvements tend to have a useful life.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!