Assume the current spot rate is c$1.2568 and the one-year forward rate is c$1.2455. also assume the nominal risk-free rate in canada is 3.7 percent compared to 4.1 percent in the u. s. using covered interest arbitrage, how much additional profit can you earn over that which you would earn if you invested $1 in the u. s for one year?
a) $.0054b) $.0042c) $.0008d) $.0015e) $.0061
Answers: 1
Business, 21.06.2019 21:40, brooket30057
Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
Business, 22.06.2019 11:40, ayoismeisalex
In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a. esther lost her job and begins looking for a new one. b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work. c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.
Answers: 2
Business, 23.06.2019 01:30, arwasoliman363
The stock market is -the section of the newspaper where you learn how much a stock is worth -a place where you buy and sell stock -an organized way for people to buy and sell stocks -the same as a brokerage firm
Answers: 1
Assume the current spot rate is c$1.2568 and the one-year forward rate is c$1.2455. also assume the...
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