Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time
1 answer:
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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.
Total: 501639,3442622951
The profit will be for: 501,639.34 - 500,000 = 1,639.34
Answer:
P5 = 10.41
Explanation:
To calculate the stock value with dividends for the fifth year the following formula would be used:
- Where:
The first Dividend Paid.
- G = Growth Rate.
- R = Required Return.
- Given Data:
$1.15
Growth Rate = 12.3%
R = 0.75%
P5 = ?
- Substituting the values in the formula