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Serhud [2]
3 years ago
11

Assume the current U.S. dollar-yen spot rate is 125¥/$. Further, the current nominal 180-day rate of return in Japan is 3% and 4

% in the United States. What is the approximate forward exchange rate for 180 days?
Business
1 answer:
statuscvo [17]3 years ago
6 0

Answer:

124.39Y/$

Explanation:

Calculation to determine the approximate forward exchange rate for 180 days

Using this formula

Forward exchange rate/spot exchange rate = [(1+rh)/(1+rf)]*r

Where,

rh = periodic interest rate in the home currency

rf = periodic interest rate in the foreign currency

r=Spot rate

Forward exchange rate= [1+3%*180/360]/[1+4%*180/360]*125¥/$.

Forward exchange rate = 1.015/1.02* 125¥/$

Forward exchange rate= 124.39Y/$

Therefore the approximate forward exchange rate for 180 days is 124.39Y/$

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value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the mi
zhenek [66]

Answer: par value

Explanation:

The __________ value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the minimum legal capital, which refers to the least amount that the buyers of stock must contribute or be subject to paying at future dates.

Answer

Par value of stock

Par value for a share refers to the stock value stated in the corporate charter.

6 0
3 years ago
These are selected account balances on December 31, 2020. Land (location of the office building) $97000 Land (held for future us
Artyom0805 [142]

Answer:

$937,000

Explanation:

Calculation to determine the total net amount of property, plant, and equipment that will appear on the balance sheet

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Less Accumulated Depreciation (427000 )

Total Net Amount $937,000

Therefore the total net amount of property, plant, and equipment that will appear on the balance sheet is $937,000

4 0
2 years ago
When companies incur selling and administrative costs, those costs ________.
9966 [12]

Answer:

increase

Explanation:

7 0
2 years ago
"In the DuPont system of​ analysis, the return on equity is equal to"​ ________. A. ​(net profit​ margin) times ​(total asset​ t
GalinKa [24]

Answer:

C. ​(return on total​ assets) times ​(financial leverage​ multiplier)

Explanation:

The formula of return on equity using the DuPont system is presented below:

ROE = Profit margin × Total assets turnover × Equity multiplier  

where,

Profit margin × Total asset turnover = Return on asset

The equity multiplier is

= Total assets ÷ shareholder equity

The total asset turnover equal to

= Sales ÷ Total assets

And, The profit margin equal to

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6 0
3 years ago
In the context of communication, which of the following is a difference between encoding and decoding?
tangare [24]

Answer:

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Explanation:

There are 5 steps in the communication process

1. Sender

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3. Channel for Message

4. Receiver decodes the message

6 . feedback

The encoding could be done on behalf of the sender while on the other hand the decoding could be done on behalf of the receiver

So as per the given options, the option d is correct

And, the same is to be considered

5 0
3 years ago
Read 2 more answers
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