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QveST [7]
3 years ago
8

Bank A quotes a bid rate of $.300 and an ask rate of $.305 for the Malaysian ringgit (MYR). Bank B quotes a bid rate of $.306 an

d an ask rate of $.310 for the ringgit. What will be the profit for an investor who has $500,000 available to conduct locational arbitrage?​ Group of answer choices ​
A. $500
B. $1,639 ​
C. $2,041
D. $9,804
Business
1 answer:
alexdok [17]3 years ago
7 0

Answer:

B. $1,639 ​

Explanation:

To do arbitraje we will ask at Bank A for $0.305

and then bid in Bank B at $0.306

As the transactions has no cost we are doing a profit by using the exchange as they allowed. Doing this procedure will at some point eliminate the difference in exchange rate for these bank as the purchase will rise the ask rate for Bank A and the sale will decrease the bid rate.

500,000 \times \frac{0.306}{0.305}

Total: 501639,3442622951

The profit will be for: 501,639.34 - 500,000 = 1,639.34

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Ordinary simple interest brings increased revenue to the lender. The general practice
densk [106]

Answer:

Exact = $34.5

Ordinary = $35

Explanation:

Given that :

Principal, P = $1500

Interest rate = 14% = 0.14

Number of days = 60

For exact :

Exact simple interest uses 365 days :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 365 = 34.520547 = $34.5

For ordinary simple interest :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 360 = $35

6 0
3 years ago
The marketing strategy and plan for any health care organization is derived from: question 4 options:
WARRIOR [948]

Answer:

Option B Strategic Plan

Explanation:

The reason is that the organization strategic plan has a greater impact in formulation of marketing strategy and its execution. Strategic plan are more useful than the pestle analysis because strategic options are formulated by reviewing the SWOT, PESTLE and other information such as mission, etc. The strategic option choosed is our strategic plan so for the best results all we want is strategic plan to formulate marketing strategy.

4 0
2 years ago
A community organizer wants to convince state officials to create a universal preschool program so that all families with young
ch4aika [34]

Answer:

David Snow focused on this set of conguent interests on social movements issues strategies on his most important scholarly achievement which he called "framing perspective"

Explanation:

Snow´s "framing perspective" approach on large, informal groupings of individuals or organizations to negotiate on emergent meanings of social-movement issues, is psychological and centered in agencies services focused on specific action for change.

More than competing perspectives framing perspective is a diagnostic framing to identify the problem to assign of blame; prognostic framing to suggest solutions, strategies, and tactics to a problem and motivational framing to get rationale action to the types of social change, which could be alternative, redemptive, reformative and revolutionary according to David F. Aberle a cultural anthropologist.

8 0
3 years ago
In a marketing context, receivers are only those:_______. a. consumers who read, hear, or see a message about a product or servi
makvit [3.9K]

Answer: B. consumers who read, hear, or see the message sent by a source during the communication process.

Explanation: Marketing messages receivers as those consumer who will received the marketing messages either by reading it, hear it or see it through a source channel.

These receivers need not to interpret it with their beliefs or promote the message, the aim objective in marketing messages is that receivers gets the message.

3 0
3 years ago
Star​ Health, Inc. is a fitness center in Oklahoma City. In​ October, the company earned ​$550,000 in revenues and incurred the
Georgia [21]

Answer: $135.66

Explanation:

Given that,

Revenue earned in October = ​$550,000

Number of customers = 300

Operating costs:

Manager's Salary = ​$5,500

Gym Rent = ​1,800

Depreciation Expense long dash Equipment = ​7,000

Office Supplies Expense = ​2,300

Utilities Expense = ​1,600

Trainer's Salary = ​22,500

Therefore,

Unit cost per​ customer = \frac{Sum\ of\ all\ operating\ costs}{no.\ of\ customers}

                                      = \frac{5,500+1,800+7,000+2,300+1,600+22,500}{300}

                                      = $135.66

7 0
3 years ago
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