Business, 12.11.2019 03:31, johnandashley5p65r4a

Assume the following information:

u. s. deposit rate for 1 year = 11%
u. s. borrowing rate for 1 year = 12%
new zealand deposit rate for 1 year = 8%
new zealand borrowing rate for 1 year = 9%
new zealand dollar forward rate for 1 year = $.40
new zealand dollar spot rate = $.39

also assume that a u. s. exporter denominates its new zealand exports in nz$ and expects to receive nz$600,000 in 1 year. you are a consultant for this firm.

using the information above, what will be the approximate value of these exports in 1 year in u. s. dollars given that the firm executes a money market hedge?
a) $238,294.
b) $232,591
c) $234,000.
d) $236,127.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:10, Gillo34

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

Answers: 3

continue

Business, 22.06.2019 12:00, ddaaaeeee3503

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.

Answers: 2

continue

Business, 22.06.2019 19:00, princessbri02

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:

Answers: 1

continue

Business, 22.06.2019 19:30, kylierice1

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e. g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)

Answers: 2

continue

Do you know the correct answer?

Assume the following information:

u. s. deposit rate for 1 year = 11%
u. s. borro...