Answer: Please refer to Explanation
Explanation:
The magazine The Economist publishes an article indicating that analysts expect the value of Canadian dollars to rise relative to Ethiopian birr.
-The Ethiopian Birr will DEPRECIATE in relation to the Canadian Dollar because the article will lead to a rise in demand for Canadian dollars and a drop in Demand for the Birr.
The central bank in Ethiopia announces that it is going to raise interest rates on government bonds.
-Ethiopian Birr will APPRECIATE relative to the CAD as the demand for the Birr will increase due to the attractiveness of it's bonds.
Based on a World Bank report, the inflation rate in Ethiopia is going to be 0% next year, while the inflation rate in Canada is going to be 10%.
- The Birr will APPRECIATE relative to the CAD because goods will be more expensive in Canada. This causes the demand for the Birr to rise as it is the preferred currency.
The price of a specific basket of goods in Ethiopia is roughly 1.9 times higher than an identical basket of goods in Canada, even after adjusting for the exchange rate.
- The Birr will DEPRECIATE relative to the CAD as a higher basket price indicates that the price is higher in Ethiopia than in Canada which will reduce the demand for the Birr increase that of the CAD.
Answer:
10%
Explanation:
Calculation to determine the yield to maturity
Using financial calculator
FV= 1,000
N=2*8= 16
PMT=$1,000(0.05)/2 =$25 semiannual
PV -$729.05
I/Y = 5% semiannual
YTM=?
Hence,
YTM=10% YTM
Therefore the yield to maturity is 10%
Kevin must take in $2,500 into his gross income. This is for
the reason that the $13,000 ($70,000 -$57,000) discount got on the M3 is bigger
than the qualified employee discount of$10,500 (sales price of $70,000 multiplied
by the average gross profit percentage of 15%). There is no gross income from
the acquisition of the 530 because the $9,000 ($63,000 - $54,000) reduction is
less than the qualified employee discount of $9,450 ($63,000 multiplied by the
average gross profit percentage of 15%).
<span>The economy of the United States of America is larger than the economy of the African country of Ethiopia by a great deal. The United States economy is in fact 336 times larger than the economy of Ethiopia.</span>
Answer: A . Meeting of the minds
Explanation:
