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Jet001 [13]
3 years ago
7

Company A, a British manufacturer, wishes to borrow US dollars at a fixed rate of interest. Company B, a US multinational, wishe

s to borrow sterling at a fixed rate of interest. They have been quoted the following rates per annum ( adjusted for differential tax effects):
Sterling US dollars
Company A 11.0% 7.0%
Company B 10.6% 6.2%
Design a swap that will net a bank, acting as intermediary, 10 basis points per annum and that will produce a gain of 15 basis points per annum for each of the two companies.
Business
1 answer:
Sever21 [200]3 years ago
7 0

Answer:

Company b 11.0 % 7.o%

Explanation:

Is this ok

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Question 1 / 10
san4es73 [151]

Answer:

As soon as we get to school tomorrow, Rita and I will read the list.

Explanation:

Because I know.

7 0
3 years ago
"A new issue corporate bond with dated date of June 1st is bought from the underwriter with settlement occurring on Monday, June
Tema [17]

Answer:

27 days

Explanation:

The accrued interest is calculated by beginning the count of days from the dated date of the corporate bond up until the settlement, without including the settlement date.

From 1st June to 27th June, a day before settlement date makes 27 days, as a result, the number of days in respect of which interest is owed to the underwriter is 27 days

4 0
3 years ago
On January 1, 2021, Legion Company sold $240,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December
slavikrds [6]

Answer:

$7,514

Explanation:

Calculation for how Legion should report bond interest expense for the six months ended June 30, 2021

Using this formula

Bond interest expense=Bonds amount*Priced to yield percentage

Bond interest expense=$150,272*(10%/2)

Bond interest expense=$150,272*5%

Bond interest expense=$7,513.6

Bond interest expense=$7,514 Approximately

Therefore Legion should report bond interest expense for the six months ended June 30, 2021 in the amount of $7,514

6 0
3 years ago
The optimal solution to a linear programming model that has been solved using the graphical approach:______.
wlad13 [49]

Answer:

Option d would be the appropriate choice.

Explanation:

  • At either the vertices including its continuum that ranges exist the optimal solutions towards linear programming challenges. Throughout this instance, the feasible area is just the section between some of the blue as well as red sections of the green map.
  • The green squares that describe the point of convergence between some of the red or green outlines seem to be the optimal solution.

Some other choices don't apply to the specified situation. So, the best one is the one mentioned.

5 0
4 years ago
The IMF has: a. helped support some weaker European countries during the recent financial crisis. b. been very helpful in monito
Ann [662]

Answer:

The correct answer is letter "A": helped support some weaker European countries during the recent financial crisis.

Explanation:

The International Monetary Fund (IMF) is a U.S. based part of the United Nations (UN) agency that promotes international economic prosperity by cooperating with least-favored nations to reduce their unemployment rates. The fund has 189 members and had a vital contribution in the Western European economic recovery after their recent financial crisis as a consequence of unemployment, drop of purchasing power and public debt.

5 0
3 years ago
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