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matrenka [14]
2 years ago
11

The interest rate on a 1-year canadian security is 8%. the current exchange rate is c$ = us $0.78. the 1-year forward rate is c$

= us $0.76. the return (denominated in u.s. $) that a u.s. investor can earn by investing in the canadian security is
Business
1 answer:
leva [86]2 years ago
6 0
Answer: 5.23% 
Explanation:
 Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
 Let X represent the return earned by the U.S. investing in Canadian security
 x = 1+((1+r)*f/c)
 x =1+(1.08*[0.76/0.78])
  = 5.23%.

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Answer:

B) Upward communication

Explanation:

Upward communication defines that the employees follow hierarchy from downward to upward which means a lower employee to a higher. For example Worker to supervisor and supervisor to Manager. Upward communication is the most effective source in every organization as traditional forms of communication increasingly become less common.

Therefore as per the situation, Senior members of the facilities team had intimidated a group of newly hired workers. Jodie, one of the team members who observed the event, wrote a letter detailing the harassment incident to her division manager. In this case, Jodie is engaging in upward communication.

5 0
3 years ago
Rutgers Racquet Club adjusts its accounts monthly. Club members pay their annual dues in advance by January 15. The entire amoun
SOVA2 [1]

Answer:

1. Salaries earned by club employees that have not yet been recorded or paid amount to $3,700.

Dr wages expense 3,700

    Cr wages payable 3,700

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Dr accounts receivable 1,200

    Cr rental fees 1,200

3. A one-year fire and flood insurance policy had been purchased on May 31. The entire premium of $7,200 was initially recorded as Prepaid Insurance.

Dr insurance expense 4,200

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4. Rutgers Racquet Club was built in 20x1. The cost of the building and equipment was $320,000. Depreciation of the club's building and equipment is based on an estimated life of 20 years and a salvage value of $80,000. The straight-line method of depreciation is used.

Dr depreciation expense 12,000

    Cr accumulated depreciation, building 12,000

5. A 36-month bank loan in the amount of $108,000 had been obtained by Rutgers Racquet Club on December 1, 20x5. Interest is computed at an annual rate of 9%. The entire $108,000, plus all of the interest accrued over the 36-month life of the loan, is due in full on December 1, 20x8.

Dr interest expense 810

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Dr unearned membership dues 52,000

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4 0
3 years ago
If the rate of inflation remains the same at 2% during the 5-year life of a TIPS bond with a coupon of 3%, what would the nomina
Vaselesa [24]

Answer:

C $1,104

Explanation:

TIPS are the form of bonds which are specially designed for the purpose to protect the investors against the inflation.

The principal value of the bond in case of TIPS is adjusted for yearly inflation.

Based on the above discussion the value of TIPS bond can be calculated using the below formula:

Value of bond at maturity=Principal amount (1+inflation rate)^5

                                         =1,000(1+2%)^5

                                         =1,104

 So the answer is C $1,104

4 0
3 years ago
In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have _____. Mult
CaHeK987 [17]

Answer:

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Explanation:

In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.

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uranmaximum [27]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

below are the choices that should accompanied your question above the answer is D. 

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8 0
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