Answer:
The answer is B. -97.7.
Explanation:
As the question gives us the spot rate, the interest rates of two countries, We can apply the covered interest parity to calculate the 90-day forward exchange rate JPY/AUD from which 90-day forward points can be derived.
F = S x ( 1+ Rjpy) / ( 1+ Raud); in which Rjpy denoted as JPY interest rate ( 0.15% per annum) while Raud is AUD interest rate ( 4.95% per annum).
F = 82.42 x (1+ 0.15% x 90/360) / ( 1 + 4.95% x 90/360) = 81.443
=> The 90-day forward points is : 100 x ( F-S) = 100 x ( 81.443 - 82.42) = -97.7
Answer:
The answer is $1357.85
Explanation:
Future value= Σ C(1+i)^n
FV = 116(1.141^3) + 135( 1.141^2) + 885(1.141) = $1357.85
The functionalist perspective is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.
<h3>What is a
functionalist perspective?</h3>
This refers to the social view that our society is a relatively stable and orderly system composed of interdependent and interrelated parts
The key points about functionalist perspective are:
- It view social change as a strain on the system
- It attempts to explain social stability.
Hence, because the Functionalists believe that society is held together by social consensus where members of the society agree upon and work together to achieve, then, it is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.
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The opportunity cost of attending class is the $15 that could have been made by watching a neighbor's child.
Opportunity cost refers to the benefits that one gives up in order to enjoy another benefit, that is, the benefit that is sacrificed.
In this question, two benefits are given up, but the real opportunity cost is the one that have the highest value, which is the $15.
2. It engages in business activities from which it may earn revenues and incur expenses.
