Answer and Explanation:
The answer given in the question are not correct. Following should be the choices:
A: 6.5%
B: 7.4%
C: 3.8%
D: 4.6%
The correct answer is A. 6.5 %
The reason is:
3.5% x 1.1% = 4.6%
3.5% + 3.9% = 7.4%
It has to be in between this which is,
4.6% < 6.5% < 7.4%
Answer:
c. News has no effect on stock prices.
Explanation:
A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.
Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.
The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.
According to the efficient market hypothesis, News has an effect on
the prices at which a stock is sold because it affects demand and supply.
Answer: Option (b) is correct.
Explanation:
Given that,
Price of island = $24 worth of goods
Goods include beads, trinkets, cloth, kettles, and axe heads.
Annual interest rate(r) = 4%
Number of periods(n) = 391
Future value will be calculated from the following formula:
= 24 × 4,571,257.29
= $109,710,174.93
Answer:
Spark plugs, oil filters, and other parts which are intended for use by the service department in repairing and servicing customers' cars.
Explanation:
Answer:
Real holding period return = - 6.44% (Approx)
Explanation:
Holding period return = [Dividend + (Price of share ending - Price of share start)] / Price of share start
Holding period return = [3 + (50-55)] / 55
Holding period return = -2 / 55
Holding period return = -0.0363636
Real holding period return = [(1 + Holding period return)/(1 + Inflation)] - 1
Real holding period return = [(1 - 0.0363636)/(1+0.03)]-1
Real holding period return = - 0.06443
Real holding period return = - 6.44% (Approx)
