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Bas_tet [7]
2 years ago
10

When the bond sells at par, the implicit €/$ exchange rate at maturity of a Euro/U.S. dollar dual currency bond that pays $651.2

5 at maturity per €1,000, is:________ A) €1.54/$1.00. B) €1.22/$1.00. C) €1.79/$1.00. D) €1/$1.00.
Business
1 answer:
Anna007 [38]2 years ago
4 0

Answer:

€1.54/$1.00

Explanation:

When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000

651.25/1000= 1/x

Cross multiply

651.25x = 1000

x= 1000/651.25

x= 1.54

Hence the implicit exchange rate is €1.54/$1.00

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With the start of each new era in japan, the country's capital changed locations. why?
Nitella [24]
<span>With the start of each new era in Japan, the country's capital changed locations because of the reason that they wanted to be under the governing of a new head or leader. The capital wanted to start fresh, and new.  </span>
8 0
2 years ago
Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probabil
nlexa [21]

Answer:

correct option is b.0.50

Explanation:

given data

computer shop = 100 customers

purchased computer = 25

solution

we know that past data does not affect the probability of next outcome

so when they buying computer or net

so here

probability of customer buy computer is = \frac{1}{2}  = 0.5

and

probability of customer not buy computer is = \frac{1}{2}  = 0.5

so here chance of buying as they buying or not buying is 50 %

so correct option is b.0.50

3 0
3 years ago
If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n
9966 [12]

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

6 0
2 years ago
Suppose that there are 1 million federal workers at the lowest level of the federal bureaucracy and that above them there are mu
goldfiish [28.3K]

Answer:

The answers are:

A) 100,000 layer 1 supervisors; 10,000 layer 2 supervisors; 1,000 layer 3 supervisors; 100 layer 4 supervisors; 10 layer 5 supervisors; and 1 President

B) Including the President there are 111,111 supervisors

C) Including the federal workers at the bottom, there are 7 layers of federal employees

D) Including the President, the total amount of federal employees is 1,111,111 people

E)Almost 10%, the actual number is 9.999991%

Explanation:

The federal bureaucratic pyramid would be like this:

Layer 6 supervisor:                                                   1 president

Layer 5 supervisors:                                               10 people

Layer 4 supervisors:                                             100 people

Layer 3 supervisors:                                          1,000 people

Layer 2 supervisors:                                       10,000 people

Layer 1 supervisors:                                      100,000 people

The base of the pyramid (only workers): 1,000,000 people

3 0
2 years ago
Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th
nydimaria [60]

Answer:

Journal entry to record depletion expense

Depreciation expense $280,000 (debit)

Accumulated depreciation $280,000 (credit)

Explanation:

The coal mine is an economic resource controlled (ownership of risks and benefits) by Last year, Mountain Top, Inc as a result of past event (purchase transaction) from which economic benefits are expected to flow into the business (cash from sale of minerals).Therefore the coal mine is an asset!

The asset is being depleted as it is being used. This is called depreciation.

Depreciation expense in this case is calculated as :

Depreciable Account × Current harvest as a percentage of total estimated tons available

(900000-100000)× 70000/200000 = $280,000

6 0
3 years ago
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