Answer: 5.23%
Explanation:
Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
Let X represent the return earned by the U.S. investing in Canadian security
x = 1+((1+r)*f/c)
x =1+(1.08*[0.76/0.78])
= 5.23%.
Answer:
See the attached pictures for detailed answer.
Explanation:
See the attached pictures for explanation.
The best way to learn and adjust to a bad experience is to learn from it and try again.
<h3>What is a Learning Experience?</h3>
This refers to the circumstance or event that occurs that teaches one a (painful) lesson that would give him a better idea of dealing with similar events.
Hence, we can see that when a person has a bad experience, it is important to take the lessons and apply it, so that it would not occur again.
Read more about learning experiences here:
brainly.com/question/24452126
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Answer:
correct option is e. $1,232.15
Explanation:
given data
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
annual coupon bonds = 7.5%
solution
We will use here Present value formula for get current price of the bonds.
so here PMT is
PMT = Future value × annual coupon bonds ................1
put here value
PMT = $1,000 × 7.5%
PMT = $75
The formula we use in excel = -PV(Rate,NPER,PMT,FV,type)
so we will get here
after solving we get current price of the bond is $1,232.15
correct option is e. $1,232.15