George purchased a futures contract at 349. The contract is on 2500 units, requires a 10% margin deposit and is priced in cents
1 answer:
You might be interested in
Answer:
Following are the solution to the given points:
Explanation:
For point a:
After-tax profit for each country.
For Country X:
For Country Y:
For point b:
For Country X:
Lardo is expected to establish its new plant in Country X, because Country X's after tax income is higher than Country y's after-tax income [$1,800,000].