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seraphim [82]
3 years ago
13

On December 1, 20x1 Pimlico made sales to a customer in India and recorded Accounts Receivable of 10,000,000 rupees. The custome

r has until March 1, 20x2 to pay. On December 1, 20x1, Pimlico paid $500 for a put option to sell rupees at a strike price of $2.30 per 100 rupees on March 1, 20x2, which was the spot rate on December 1, 20x1. On December 31, 20x1, Pimlico's Fiscal Year End, the spot rate was $2.80 per 100 rupees and the option premium was $0.004 per 100 rupees. What is the fair value of the option on December 31, 20x1
Business
1 answer:
Mashcka [7]3 years ago
3 0

Answer:

Total value (5,400)

Explanation:

10,000,000 rupees

option to sale ruppes at $2.30

2.3

The spot rate was 2.80

Option Premium:

10,000,000 / 100 x 0.004 = 400

Stop difference:

(2.80 - 2.30) x 10,000,000 / 100  = 5,000

Total value (5,400)

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A Nasdaq-listed stock currently shows an inside market of 15.50 - 15.75, 10 x 10. A broker-dealer that is not a market maker in
tresset_1 [31]

Answer:

cross trade

Explanation:

In simple words, A cross trade can be understood as a transaction  when purchase and sell requests for the identical instrument are balanced alone without transaction being recorded on the market. Whenever a stockbroker performs matching buy and sell transactions for about the exact securities across several customer accounts plus reports these on an interchange, this is known like a cross transaction.

8 0
3 years ago
Which statement is not correct about the business-society interdependence?
Dmitry_Shevchenko [17]

Answer:

D. Actions by governments rarely significantly affect business

Explanation:

Business-socciety interdependence points out how business activities impact society and how society impacts business decisions. Government actions play a significant role in business performance. For example, an increase in interest rate increases the cost of borrowing and acts as an investment disncentive. Likewise, an increase in corporation tax stifles the incentive to invest and reduces corporate profit. Other government interventions such as standards and regulations, minumum wage legislations, permits and licenses would not only reduce business profits but could make doing business very cumbersome. Also, the extent to which the government is committed to maintaining political stability could determine the extent to which invesmtent thrives in an economy.

6 0
3 years ago
Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose th
laiz [17]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the currently employed people and the unemployment rate:</u>

<u></u>

Employed people= 100,000,000 - 6,000,000= 94,000,000

Unemployment rate= unemployed people / labor force

Unemployment rate= 6,000,000 / 100,000,000

Unemployment rate= 0.06= 6%

<u>Now, the newly employed people and the unemployment rate:</u>

<u></u>

Employed people= 94,000,000 + 300,000 - 200,000

Employed people= 94,100,000

Unemployment rate= 5,900,000 / 100,000,000

Unemployment rate= 0.059 = 5.9%

6 0
3 years ago
I will gladly appreciate whoever answers this
Nastasia [14]

b  $163,440.00

BTW, it is currently around $250,000.00 per child!

4 0
3 years ago
What is the formal agreement between two or more countries trade,peace and other matters called?
Arlecino [84]
Pretty sure its a treaty

5 0
3 years ago
Read 2 more answers
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