1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatyana61 [14]
2 years ago
14

The foreign exchange market is a market for converting the currency of one country into that of another country.

Business
1 answer:
3241004551 [841]2 years ago
4 0

Answer:

a. True

Explanation:

The foreign exchange market is a market for converting the currency of one country into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) 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 that 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.

You might be interested in
You have just received a windfall from an investment you made in a​ friend's business. She will be paying you $ 15 comma 555 at
Vilka [71]

Answer:

Present value = $75,379.47

Future value is $91,567.97

Explanation:

a) Present value of cash flow is calculated as:

Present\ value = \frac{(15,555}{1.067} + \frac{(31,110}{(1.067)^2}) + \frac{(46,665}{(1.067)^3})

Present value = $14578.25 + $27,325.69 + $33475.53

Present value = $75,379.47

b) Future value of windfall is calculated as

Future\ value  = present\ value \times (1-r)^n

Future\ value  = 75379 \times (1+ 0.067)^3

Future value is $91,567.97

7 0
2 years ago
A project consists of three activities: A, B, and C. Activities A and B can begin at time 0 (start of the project), but activity
Eva8 [605]

Answer:

Explanation:

Run A Duration B Duration C Duration 1 51 48 17 2 60 48 19 3 30 39 19 4 31 48 22 5 30 31 14 6 41 16 17 7 44 12 6 8 44 12 10 9 45 43 9 10 60 41 10 Based on the simulated numbers given above, what is the average completion time of the whole project?

Since B is the predecessor of C.

Project completion time for each run will be calculated as Maximum (Duration of A, Duration of B +Duration of C).

Represent

Run = R

Duration of A  = DA

Duration of B  = DB

Duration of C = DC

Project Completion time = PT

<u>R       DA          DB                        DC               PT</u>

1       51            48                        17             48 + 17 = 65

2      60          48                        19             48 + 19 = 67  

4      31           48                       22              48 + 22 = 70

5      30         31                         14              31 + 14 = 45

6      41           16                       17                 41

7     44            12                       6                 44

8     44            12                      10                44

9     45           43                     9              43 + 9 = 52

10     60          41                     10                60

                                                                <u> Total = 546</u>

Total Project completion time in 10 Stimulations = 546

Average project Completion time = 546/10 = 54.6

Therefore, average Project completion time is between 53 and 56 days.

5 0
3 years ago
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
Aleks04 [339]

Answer:

$27,900

Explanation:

The computation of adjusted cash balance is shown below:-

Adjusted cash balance = Balance at May 31 - bank service fees - NSF check

= $28,525 - $25 - $600

= $27,900

Therefore for computing the adjusted cash balance we simply deduct the bank service fee and NSF check from balance at may 31

Hence, the adjusted cash balance is $27,900

7 0
3 years ago
Bargaining associations are required to bargain without making any threats against buyers. true false
Debora [2.8K]

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. The given statement is true.

<h3>What is Bargaining associations?</h3>

The three primary categories of negotiation subjects are obligatory, permissible, and unlawful. The required category includes wages, health and safety, management rights, working conditions, and benefits. Topics that are permitted during the process are ones that are not required but may be discussed.

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. This can then encourage teamwork, boost productivity inside the company, and support stronger economic demand.

Union members typically receive greater wages, better health and pension benefits, and better working conditions. For people who decide to work in education, the advantages of unionization are essential. NEA members use collective bargaining to fight for causes other than their own financial stability.

To negotiate our union contract with the employer, including our pay, benefits, hours, holidays, sick days, staffing levels, seniority, safety, supplies, and other working conditions, a group of union members—our Bargaining Team—sits down with management.  The given statement is true.

To learn more about Bargaining associations refer to:

brainly.com/question/1130553

#SPJ4

6 0
1 year ago
Choose the term that best matches the description given.
OleMash [197]

Answer:

supply

Explanation:

it is how much of something you have to sell

3 0
3 years ago
Other questions:
  • Statement on Standards for Tax Services No. 1 establishes as a basic principle of providing tax services that the CPA:a. Must ha
    7·1 answer
  • The following amounts are reported in the ledger of Mariah Company: Assets $ 78,000 Liabilities 41,000 Retained Earnings 9,000 W
    8·1 answer
  • Describe Fiscal Policy. Consider an economy where government charges 20% of an individual’s income as taxes (i.e. T = 0.2Y). Con
    5·1 answer
  • Problem 10-05 (Algorithmic) The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition
    8·1 answer
  • Charles Underwood Agency Inc.’s FCFs are expected to grow at a constant rate of 3.90% per year in the future. The market value o
    10·1 answer
  • Information related to Riverbed Co. is presented below.
    15·1 answer
  • If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of i
    13·1 answer
  • Percy works two part-time jobs to help pay for college classes. On Monday, he works 3 hours at the library and 2 hours at the co
    14·1 answer
  • Which of the following describes the money you must pay to own an insurance policy?
    9·1 answer
  • A successful manager is most likely to have:________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!