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alexgriva [62]
4 years ago
12

In Japan, suppose Honda’s export price per vehicle is ¥4,000,000 and that the exchange rate is ¥125/$. The one-year Japanese yen

interest rate is 1.0%; the one-year U.S. interest rate is 3.0%. Assume that International Fisher holds. Assuming a 60% pass-through of exchange rate changes, what would the price of a Honda be at the end of the coming year in U.S. dollars?
Business
1 answer:
NemiM [27]4 years ago
5 0

Answer:$31,379

Explanation:Applying the

Fishers international effect

1+Ic/1+Ib=S1/S0

Where Ib represents the interest rate in base country which is Japan in this case

Ic represents the interest rate in counter country in this case,US

S0 is the base spot rate or exchange rate at the moment while S1 is the spot rate at the end of the coming year

Ic =3%=0.03

Ib=1%=0.01

So=145

Substituting in the formula

1.03/1.01=S1/125

Cross multiplying

S1=125(1.03)/1.01=127.475

So price in US at spot 127.475 will be ¥4,000,000/127.475=$31,379

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Women of color have often been dissatisfied with ______ theory for not representing their interests very well.
NeX [460]

Answer:

Feminists

Explanation:

Women of color are female people of color. They are usually dissatisfied with Feminists theory because it doesn't represent their interest well like class, race and their immigration status. This establishes the racial bias in the feminist theory as women of color in their fight for equality have always been marginalized.

8 0
3 years ago
Fashion house uses the retail method to estimate ending inventory in his monthly financial statements the following information
IgorC [24]
If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
 Given
  Sales - 200,000
  Goods available for sale - 261,000 (cost) & 450,000 (retail) 

First, we need to get the cost of retail ratio. the formula is 
 Cost to Retail ratio= Cost/ Retail
           261,000
CRR= -------------   =   0.58
           450,000

Next is to get the ending inventory by following this steps
                                                              Cost             Retail
Cost of Goods Available for Sale    $261,000        $450,000
- Sales                                                                        $200,000
                                                                                  ------------------
Ending Inventory                                                        $250,000
x Cost to Retail Ratio                                                           .58
                                                                                  ------------------
Ending Inventory                                                       $145,000

So, the estimated ending inventory for the month of July is $145,000. 
4 0
4 years ago
Unemployment describes the condition where
Serggg [28]

Answer:

Unemployment is defined as a situation in which a person wants to be employed but is not able to get a job.

Explanation:

Option C is the correct answer that perfectly describes unemployment. it occurs when a person is willing to work but due to recession or bad economic conditions is unable to find a job. it is commonly encountered by those people, who are looking for job in high number but due to non availability of job are unemployed.

5 0
3 years ago
A bond with a face value of​ $1000 is convertible to common stock at a conversion ratio of 60. If the stock is currently trading
KengaRu [80]

Answer: B. about $492

Explanation:

The Face value of bond is $1,000 The Conversion ratio is 60 and the current Stock price is $8.20 per share

The conversion ratio of 60 means that for each convertible bond, there would be 60 shares to be issued to the holder if they want to convert their bond to the shares.

Therefore, for one single bond, the number of shares to be issued is 60.

Calculating the closet value of the convertible bond will then be:

Value of the bond = Conversion ratio * Stock price

= 60 x $8.20

= $492.00

Therefore, the value of the bond is closet to $492.00.

4 0
3 years ago
Make a list of at least 3 startup costs this company would have.
gregori [183]
Equipment//Supplies, Inventory, Insurance, Office Space, License, Permits, Employee Salaries, Advertising and Marketing.
Please Mark Brainlest. xoxo <3
8 0
3 years ago
Read 2 more answers
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