Bank usa recently purchased $11.7 million worth of euro-denominated one-year cds that pay 10 percent interest annually. the current spot rate of u. s. dollars for euros is $1.104/€1. a. is bank usa exposed to an appreciation or depreciation of the dollar relative to the euro? b. what will be the return on the one-year cd if the dollar appreciates relative to the euro such that the spot rate of u. s. dollars for euros at the end of the year is $1.004/€1? (round your answer to 3 decimal places. (e. g., 32.161)) c. what will be the return on the one-year cd if the dollar depreciates relative to the euro such that the spot rate of u. s. dollars for euros at the end of the year is $1.204/€1? (round your answer to 3 decimal places. (e. g., 32.161))a. exposure appreciation b. return if dollar appreciates %c. return if dollar depreciates %

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.

Consider 8.5 percent swiss franc/u. s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00