Some countries' governments do not put any limits on the purchase of foreign currency for residents and nonresidents. these countries have a freely convertible currency.
Currency is the unit of price of money that is agreed upon by the government and its people in a country. A country has its own currency, although there are several countries that have the same type of currency. For example, in Indonesia, the currency is Rupiah, while in Japan the currency is Yen. Meanwhile, countries that use the same currency include America, Ecuador, Cambodia, Panama, and the British Indian Ocean Region.
In addition, currency can also be defined as a medium of exchange for goods and services. The party or institution that has the absolute right to issue currency is the government and its central bank.
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Answer:
c. $8.05
Explanation:
Calculation to determine What is the value of this stock at a required return of 16.4 percent
First step is to calculate the P2
P2 = ($1.35/.164)
P2= $8.23
Now let calculate the value of the stock
P0 = [$1.23 /1.164] + [($1.25 + 8.23)/1.164^2]
P0 = $8.05
Therefore the value of this stock at a required return of 16.4 percent is $8.05
Answer: Yes they will.
Explanation:
With high interest rates, the company will be able to make better returns if they invested the money and took advantage of those interest rates instead of spending the money on their project.
Assets like bonds will be better to go into because they will offer a return based on the higher interest rates which will bring in good returns.
The company is free to use those funds to invest in projects if these projects will lead to a better return than could be gotten from holding bonds but if that is not the case, they should simply buy bonds and hold them for superior returns.
Answer:
the value that should be saved is $4,001.82
Explanation:
The computation of the amount that should be saved at the year end of 5 years in that case where the rate of interest is 4.5% is shown below:
Value in 5 years is
= (1 + rate) × Annual Payment × [{(1 + rate)number of years - 1} ÷ rate]
= (1 + 0.045) × $700 × [{(1 + 0.045)^5 - 1} ÷ 0.045]
= $731.50 × [0.2462 ÷ 0.045]
= $731.50 *×5.4707
= $4,001.82
Hence, the value that should be saved is $4,001.82
Communism is a system where government promotes common ownership of all property, means of production, and materials to prevent the exploitation of workers.
<h3>What is Communism?</h3>
Communism, can be regarded as a command system which is a system where government owns most of the factors of production.
In this case, Communism is a system where government promotes common ownership of all property, means of production.
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