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kozerog [31]
3 years ago
12

The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. Based on your analysis of the exchange ra

te, you are confident that the spot exchange rate will be $1.52/€ in three months. Assume that you would like to buy or sell €1,000,000. What actions do you need to take to speculate in the forward market? Group of answer choices Sell euro today at the spot rate, buy them forward. Take a long position in a forward contract on €1,000,000 at $1.50/€. Buy euro today at the spot rate, sell them forward. Take a short position in a forward contract on €1,000,000 at $1.50/€.
Business
1 answer:
mestny [16]3 years ago
7 0

Answer:

The answer is "Take a long position in a forward contract on €1,000,000 at $1.50/€".

Explanation:

In the long position cause the purchasing of the money, and it will be paying: (1.5 \times  1,000,000) = \$ 1,500,000

And you're also planning to sell and get on the markets: (1.52 \times 1,000) = \$ 1,520,000.

Therefore, you'll get: \$1,520,000 - \$1,500,000 = \$20,000.

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Drupady [299]

Answer:

O Stands for offer , A stands for acceptance , C stands for consideration , K stands for contract . An offer requirement, a contract and acceptance have it’s own thing.

Explanation:

7 0
3 years ago
Harry has joined the marketing department of KC Cola. While going through some files, he came across a document designed for a p
fredd [130]

Answer: (B) <em>Marketing Plan</em>

Explanation:

Under the given scenario a marketing plan is most likely to contain information regarding the given variables. A marketing plan is known as a  document that outlines our strategy and tactics regarding our marketing. It often tends to focus on a specific time period and thereby covers several details related to marketing, such as goals, action steps and costs.

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4 years ago
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babymother [125]

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Eminent domain for the public good.

Explanation:

He charged the branch manager because he didn't see eminent domain for public use.

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3 years ago
Which of the following is NOT a characteristic of a market in equilibrium?
iren2701 [21]

B. All consumers are able to purchase an amount equal to their quantity demanded.

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3 years ago
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Planning and organizing of business success are reflected in this scenario.

Since the business proprietor is worried about analyzing the materials and equipment that are for use on an ordinary basis and he plans to shop for them in bulk. That is a clean instance of making plans as it entails the analysis of providers and equipment after which establishing them in order to shop for them in bulk.

Planning is the process of thinking regarding the sports required to obtain a preferred goal. Planning is primarily based on foresight, the essential potential for a mental time journey. The evolution of forethought, the potential to think in advance, is considered to have been a top mover in human evolution.

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2 years ago
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